Extension of franchise

Emmanuel

Berekum, Ghana, Ghana

15% repaid

Entrepreneur

Name

Emmanuel

Member since

August 2015

On-time repayments

89 installments  •  55%

About Me

I belong to a large polygamous family who grew up with all my other siblings in the same house. My childhood was quite and interesting one eating together with my other siblings who used to cheat we the young ones. What a nostalgic reminiscence.
I schooled at Presbyterian elementary school and continued to Berekum Secondary school and furthered to University of Ghana. My school days was not an easy one but my with my mum's assistance and God's mercy upon my life, things are turning around for my good.
I am a teacher by profession presently at Methodist JHS where I handle Mathematics.
I am married to an angel, the love of my life. Just became a Dad four months ago. I love kids a lot. My hobbies include browsing, reading, listening to music etc

My Business

I operate a shop alongside my teaching in which I deal in mobile phone accessories like screen guard, batteries, chargers, phone housing, handsfree etc. at a prominent location at Berekum around the main Lorry park. The start up capital was financed by a bank salary loan I took about two and a half years ago from a local bank.
The mobile phone accessories business is a very lucrative venture which is thriving a lot in Ghana now returning a profit of at least 40%.
I thus want to expand my inventory and supply to other dealers. My last loan was helpful but inadequate. I hope I would be able to raise something substantial to boost my business.

Loan Proposal

Mobile phones business is quite lucrative still at my area, likewise other ICT products like laptops, power banks, printers and several others. I therefore request this loan to purchase some laptops and other accessories to venture into that area as well. For starting, I want to buy 3 entry level laptops which will cost about GHS1590 or $300 which can return a profit of at least 50%. The rest will be used to buy accessories like mouse, joystick and game pads. It's estimated to cost GHS500 or $130. This area has a very bright prospect. I am thus calling on all kind lenders here to help me secure the loan to expand my business to help put me on sound economic pedestal to take my family and society of poverty. I promise to pay back any loan I secure from you. Counting on you. Thank you zidisha.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$551.00

Date disbursed

May 18, 2016

Repayment status

Late

Projected term

69 months

Lenders

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

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  • Emmanuel    Jan 30, 2017

    Gradually business is picking up.

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  • Emmanuel    Nov 16, 2016

    I want to restructure my loan.

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  • Appiah    Nov 12, 2016

    I have talked to Mr Kyere to reduce his repayment amount to enable him resume repayments and he agreed to do just that.

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  • Emmanuel    Jul 25, 2016

    I want to review the installment to restructure my business. Thank you zidisha

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  • Emmanuel    Jun 6, 2016

    I want to repay gradually to build my business in order not to loose my capital. Thank you zidisha.

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  • Emmanuel    May 30, 2016

    As I updated you, I received my loan of GHS2055. I have taken delivery of my supplies. Thank you zidisha.

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  • Emmanuel    May 18, 2016

    I have received my loan of GHS2055.00 this morning. May God richly bless all lenders and zidisha for the kind gesture.

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  • Emmanuel    May 16, 2016

    I don't know how to express my delightment at this gesture my lenders have shown me. May God richly bless you. I will immediately order for the laptops and the accessories. I believe it will help me a lot in expanding the franchise. Thank you zidisha.

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  • Emmanuel    May 13, 2016

    My loan application is almost a week old. I count on you to help fund it for me. Thank you.

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    • Emmanuel    May 15, 2016

      I trust my lenders will come to my aid this time too as they did.

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  • Emmanuel    May 11, 2016

    Thanks to all of you lender who have contributed already to fund my loan. I am still calling on all others to help fund the loan for me. Thank you.

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  • Emmanuel    May 10, 2016

    To all kind lenders on zidisha, I call on you to help fund my loan to enable me change my economic situation. Thank you zidisha.

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  • Emmanuel    May 9, 2016

    Hello all kind lenders on zidisha. I am counting on you to help fund my loan to enable me expand my franchise. Thank you zidisha

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  • Emmanuel    May 8, 2016

    I am back to you my kind lenders for your assistance in funding my new loan. Please continue the good relationship between us by funding this loan in No time to enable me kick-start my project. Counting on you. Thank you.

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  • Emmanuel    May 8, 2016

    I would first of all like to thank all the kind lenders who funded my last loan to enable me expand my shop which enabled me to secure credit lines from my suppliers. This was helpful in boosting my sales and earnings. My profit increased greatly. I am now able to provide most things for my small boy's upkeep. My family is better off now than previously. My boy is growing up very fast, he is about to take his first walk. All thanks to zidisha and all kind lenders. We are really grateful.

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  • Emmanuel    Apr 10, 2016

    Hello zidisha, my repayment for last week's installment has not reflected but a latest payment for next week installment has been captured. Please check and reconcile my repayments

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  • Emmanuel    Mar 18, 2016

    Hello, why has my repayment been reversed and on time repayment % reduced? My repayment is on time up to 14th March 2016. Please rectify the anomaly . thank you. @laurie

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  • Emmanuel    Mar 14, 2016

    Installment for this week paid. Am waiting for it to reflect. I am very grateful to Zidisha for helping me improve my business. Now, I am able to support my family. My son is growing really fast. He is about to crawl. Look at him sitting. Thank God for his life.

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  • Emmanuel    Mar 8, 2016

    Hello, why has my one-time repayment % stalled? This is the 3rd repayment since it hit 90% but is still there. Again, my last repayment was made on 7th March, 2016 but it reads July 3rd 2016; why?

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  • Emmanuel    Mar 5, 2016

    Zidisha loan has been really helpful to me and my family. Now my financial situation is gradually changing for the better. I recently acquired my son's personal effects and others like baby Walker, clothes etc with ease. My building project is progressing steadily thanks to loans from my kind lenders and zidisha. God bless you lenders. Long live zidisha.

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  • Emmanuel    Feb 22, 2016

    Zidisha loan has been really helpful to me and my family. Now my financial situation is gradually changing for the better. I recently acquired my son's personal effects and others like baby Walker, clothes etc with ease. My building project is progressing steadily thanks to loans from my kind lenders and zidisha. God bless you lenders. Long live zidisha.

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