Expanding my electrical shop

Amankwah

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Amankwah

Member since

August 2020

On-time repayments

21 installments  •  57%

About Me

Amankwaa Isaac is my name am 25 years of age.I come from Offinso Namong but I stays at Kumasi bantama.I attended school at Namong primary and junior high school (JHS)and completed my senior high at DWAMENA AKENTEN SENIOR HIGH (DAHSS).

My Business

I have established my own electrical shop which comprises bulbs,wires,fun, extensions,metre board etc. Previously, I was able to receive amount of 50.00 Ghana cedis per week as my profit. But since I joined zidisha loan program, with the loans they gave me have really helped me to receive an amount of 300.00 per week as my profit. I have made judicious management of the loans I invested in the business. Through that I am consisted in my back payments.

Loan Proposal

With this new loan proposal, I have decided to invest it in my business. For my previous loans, I invested them in my business and they have helped me a lot to run the business successfully. Before then, my profit after business expenses per week was 50.00 cedis which has been skyrocketing to 300.00 cedis per week. So therefore I would invest this loan in my business by buying electrical bulbs, decorders, electrical pipes, electrical wires and others if my new loan proposal is accepted successfully.

Income Source

During this pandemic era, many businesses around the globe are facing serious challenges and others are collapsing. So therefore, I am planning well in order to maintain my business successfully. This can easily be done by making good use of my profit after business expenses. Moreover hardworking and determination to the business will also help me to maintain my business. In business as how to welcome your customers and products you will invest in also contribute to survival of the business, so therefore I am making sure always that I will meet the satisfaction of my customers and moreover deal with good products for my customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$123.00

Date disbursed

Nov 15, 2020

Repayment status

On Time

Projected term

2 weeks

Lenders

PaulE

Cockeysville, MD, United States

Aran Dunlop

United States

CN

Craig Newmark

United States

LC

Linda Cladis

United States

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