Financial support (loan) to buy inventory for my shop
Adolf
Mepe, Ghana
29% repaid
Entrepreneur
Name
Adolf
Member since
December 2016
On-time repayments
34 installments • 29%
About Me
I am Adolf Kintah born and raised in Mepe, a farming community in the North Tongu District in the Volta Region of Ghana. I have attended Mepe Presby Primary and Junior High Schools and then went to St.Paul Senior High School for my second cycle education; and my tertiary education at University of Ghana, Legon where I studied Sociology and Psychology.
There was no employment after doing my national service (a constitutional obligation for every Ghanaian graduate to serve the nation for one year right after school) despite several attempts. Barely five(5) years after school, I was home looking job but could not get.
As a result of this, I went and took a loan from the Mepe Rural Bank Limited to start my own business. I have opened my own shop where I sell previsions. The business was/is very lucrative such that, I repaid the loan I went for within two years.
My Business
I owned a provision shop where I sell provisional items such as Nestle and Unilever products, Gari, Sugar, Roasted Groundnuts, etc.
I got this business idea when I suffered for a number of years looking for job but could not get. I realized it would have been better if I had started my own business so I took the bold step and went for a loan for my start-up business.
My business is growing well and I am making savings toward converting the shop into a supermarket.
Loan Proposal
Dear Lenders,
I need a loan of GHS 33.00/USD 7.71 to buy six(6) bowls of raw groundnut(to be roasted and resold in my shop). I humbly therefore call on the lenders of Zidisha to fund my loan so I can meet the pressing demands of my customers.
I hope my request would meet your consideration.
Thank you
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Jan 24, 2017
Repayment status
Late
Projected term
7 months
Lenders
Honolulu, United States
Summary
Amount repaid
$2.41
Amount remaining
$5.78
Expected completion
Sep 23, 2017
Status
Repaying late
Installment amount
$0.24
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 4, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Feb 11, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Feb 18, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Feb 25, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Mar 4, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Mar 11, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Mar 18, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Mar 25, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Apr 1, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Apr 8, 2017 | $0.24 | Jan 24, 2017 | $0.24 |
| Apr 15, 2017 | $0.24 | ||
| Apr 22, 2017 | $0.24 | ||
| Apr 29, 2017 | $0.24 | ||
| May 6, 2017 | $0.24 | ||
| May 13, 2017 | $0.24 | ||
| May 20, 2017 | $0.24 | ||
| May 27, 2017 | $0.24 | ||
| Jun 3, 2017 | $0.24 | ||
| Jun 10, 2017 | $0.24 | ||
| Jun 17, 2017 | $0.24 | ||
| Jun 24, 2017 | $0.24 | ||
| Jul 1, 2017 | $0.24 | ||
| Jul 8, 2017 | $0.24 | ||
| Jul 15, 2017 | $0.24 | ||
| Jul 22, 2017 | $0.24 | ||
| Jul 29, 2017 | $0.24 | ||
| Aug 5, 2017 | $0.24 | ||
| Aug 12, 2017 | $0.24 | ||
| Aug 19, 2017 | $0.24 | ||
| Aug 26, 2017 | $0.24 | ||
| Sep 2, 2017 | $0.24 | ||
| Sep 9, 2017 | $0.24 | ||
| Sep 16, 2017 | $0.24 | ||
| Sep 23, 2017 | $0.24 | ||
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