Expansion of home supplies shop

Gloria

Nungua, Accra, Ghana

100% repaid

Entrepreneur

Name

Gloria

Member since

May 2014

On-time repayments

320 installments  •  15%

About Me

I am a laboratory technologist by profession and a member of the Mensah Family in Nungua, Accra. I love to see the people in my community always satisfied with their daily needs. This passion finally led me into opening a whole sale shop in the Nungua Market where I sell to retailers. I sell goods like disposable cups, spoons, and plates, excercise books, bags of sugar, bags of rice, Biscuiits, Batteries, Torchlights, Soft drinks, Toilet rolls, and shoe polishes just to mention a few.This has also reduced the stress of having to travel all the way to Accra Market to purchase goods and I am always happy when I see smiles on the faces of the people in my community when I am able to provide what they want.

My Business

I love to see the people in my community always satisfied with their daily needs. This passion finally led me into opening a whole sale shop in the Nungua Market where I sell to retailers goods like disposable cups, spoons, and plates, excercise books, bags of sugar, bags of rice, Biscuiits, Batteries, Torchlights, Soft drinks, Toilet rolls, and shoe polishes just to mention a few to the people in my community. The demands of my community has now become very high because of the approaching ocassion which is the Easter celebrations. Most churches in Ghana hold conventions, because of this demands of provisions in my shop has now become very high. I have also introduced some electricity saving devices and fuel saving devices for generators and vehicles and the demand of these devices have also shot up. I am into wholesale of these devices. The power outages in Ghana has become high and this has brought a high demand on the fuel saving devices. The wholesale price of two different the fuel saving devices I sell is GHC60 and GHC320 each. Whenever my customers don't get all they want from my shop, they get really dissapointed because they will have to travel all the way to Accra and spend more money on transportation before getting what they want. Also it is very stressful to them because in Accra most of the shops deal in single products so that people will have to visit lots of shops in order to get all that they want.

Loan Proposal

The demands of my community is becoming huge week after week but because my shop is not very large I am not able to buy more house hold supplies else there will be no space even for the customers to enter the shop. My customers get greatly dissapointed whenever they come to the shop and don't get all that they want because they will have to travel all the way to Accra and spend more money on transportation before getting what they want. Also it is very stressful to them because in Accra most of the shops deal in single products so that people will have to visit lots of shops in order to get all that they want. I need to expand my shop so that I will be able to stock it up with more goods in order to supply all the needs of my customers. I will be very grateful to Zidisha if I am granted this loan. I believe that with the help from Zidisha I will be able to expand my shop and stock it up with more household supplies which will make it more attractive, increase my customer base, and also make my customers happy because they will not have to travel all the way to Accra to get what they want into their retail shops.

Feedback

8

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$462.00

Date disbursed

Oct 23, 2014

Repayment status

On Time

Projected term

6 months

Lenders

T

Tmann

Los Angeles, United States

KYLE LARSON

Little Falls, United States

Hope2012

United Kingdom

ErikN

Stockholm, Sweden

Vanamo

Helsinki, Finland

P

pmyadlowsky

Charlottesville, United States

C

cfaul

Seattle, United States

M

mkfiddler

Santa Barbara, United States

McJulio

New Jersey, United States

Bobrm2k3

Charleston, United States

joaoferraz

RINCHOA, Portugal

N

Navigator

Alavus, Finland

Sarasota

Sarasota, Fl, United States

xtrahardware

Cazenovia, United States

mole333

Brooklyn, United States

T

TrademarkMan

United States

A

aliyabe

United Kingdom

ThomasJosef

Berlin, Germany

M

mbarbier

United States

B

Bilal

Atlanta, United States

Ask Gloria a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Gloria    Nov 2, 2018

    I will not be able to pay so i want to rescheudule so that i am ontime in repayment.

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  • Gloria    Jul 20, 2016

    I would like readjust my repayment so that I would be ontime in repaying. Thank you.

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  • Gloria    Apr 13, 2016

    I would wish to readjust my repayment schedule so that i can be ontime in repaying. I had some issues with my mtn number and that has caused my delay in repaying. Thank you.

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  • Gloria    Mar 3, 2016

    I would like to adjust my repayment schedule so that I will be ontime in repaying. Thank you.

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  • Gloria    Dec 3, 2015

    I would like to readjust my loan installment so that I can be on time in repaying

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  • Gloria    Oct 9, 2015

    I have paid 20ghc of my loan but it has not reflected. Thank you.

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    • Marcus M    Oct 9, 2015

      Dear Gloria,

      It may take up to 3 business days for payments to post to your account. If it has been more than 3 business days, please send us an email ([email protected]) with the details of your payment (date, amount, mobile number).

      Thank you,
      Marcus
      Zidisha Team

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  • Gloria    Jul 16, 2015

    Dear zidisha and lenders,
    I have been trying to reach out to all those on my page who are not ontime in repayment but then I have still not been able to reach them. I will relay the necessary information to you about them as soon as I get into contact with them. Thank you for your patience.

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  • Gloria    Jun 26, 2015

    I would like to reduce my loan installment because some of my investments have not yielded yet. I have been able to buy some more electricity saving devices. I have been able to also invest some of my profits in other businesses like buying and selling of power banks for phones. I am truly grateful. Thank you

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  • Gloria    Jun 9, 2015

    I am very grateful be part of zidisha

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  • Gloria    Jun 4, 2015

    My friends keep asking what is keeping my business moving and I always tell them it is Zidisha. I am grateful to you for this turnaround in my business.

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  • Gloria    Jun 3, 2015

    Dear lenders,
    I am very grateful for your support. My business is improving day by day with new customers. Thank you

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  • Gloria    Apr 7, 2015

    We are so grateful to have Taylor with us and she would be leaving the country back home today. We wish her a safe journey and we have really enjoyed her stay here in Ghana. We hope to have her here again another time. Thank you very much Zidisha team and lenders. We will really miss her.

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  • Gloria    Apr 7, 2015

    Dear lenders,
    I have been able to buy some more fuel saving devices, bags of rice and sugar, electricity saving saving devices, biscuits, and soaps for my shop. I am very grateful for your wonderful support.

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  • Gloria    Mar 27, 2015

    Dear lenders,
    Than you very much for your continuous support towards my business.
    I have received the loan. I am very grateful to you wonderful lenders who made my loan funding a success. With this loan, I will be able to supply my customers with more rice, sugar, sugar, biscuits, fuel savers and electricity saving boxes.

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  • Gloria    Mar 26, 2015

    Thank you team Zidisha and all lenders who supported my business by funding my loan fully. I am truly grateful. This will make my customers very excited because I will be able to supply their demand. Thank you

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  • Gloria    Mar 25, 2015

    Dear lenders,
    I am thankful to you for funding my loan to 68%. My loan is left with $259 to be fully funded and I have 2 days left for my loan to expire. I look forward to your great assistance and support. This loan is going bring a turn around in my business.
    Thank you Zidisha and lenders

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  • Gloria    Mar 25, 2015

    I am very grateful to Zidisha for allowing Taylor Hanna to come to Ghana. She is really working hard here travelling from town to town, city to city, and region to region. She has really helped me and most of the borrowers in Ghana and we are more than thankful for her great assistance. When I got to know she came without being paid I realized she was really giving out her time as a big sacrifice to help Ghanaians in Zidisha. Thank you Zidisha and lenders for allowing an a wonderful asset like Taylor to come down to Ghana. I am grateful.

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  • Gloria    Mar 24, 2015

    Dear lenders,
    I am very grateful for funding my part of my loan to 22%. My loan is left with $634 to be fully funded and also 3 days to expire. The expansion of my business now depends on this help you are giving me. When my loan is fully funded my business will attract more customers and also this will increase the trust my customers have for me because I will be able to supply their demands. When my loan expires I will look like someone who is not serious in business because I assured them and now I disappointed them. I am pleading with all lenders to help fund my loan with the maximum support they can give me and this will put great smiles on the faces of my customers.
    Thank you.

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  • Gloria    Mar 23, 2015

    Dear lenders,
    My loan is left with 4 days to expire and the amount needed to be fully funded is $748. I am pleading with you to support else I loose the amount which is funded now. This will in turn disturb my business so badly. My customers will be greatly disappointed because they trusted I would get the loan so that I would be able to supply their demands. I would also loose most of my new customers because they will feel I am incompetent to supply their demand.
    Thank you

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  • Gloria    Mar 21, 2015

    Dear lenders,
    The joy and satisfaction of my customers depends on this loan. I am having lots of pressure from my customers on items like rice, sugar, biscuits, and the fuel savers as well. I keep on assuring them that by next week I would get some loan from zidisha to support the heavy demand. Due to this assurance they have resolved to wait till next weekend for their goods even though it is going to disturb them. They always say they are not ready to go elsewhere because I have been a good business partner and an on time supplier. My business has gone slow because the demands of my customers is more than what I can supply them. My loan is now left with $761 to be funded and I have 6 days left for my loan to expire. I am pleading with all lenders to help because if I am not able to supply the demands of my customers in this easter celebrations, I will loose most of them and loose lots of profits. Thank you

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