Name
Asenath
Member since
January 2016
On-time repayments
254 installments • 18%
Starting a mini importation business was dream until a friend introduced me to Zidisha. With Zidisha loan, I was able to start my importation business. After successfully paying the first loan, I was given a second one which I put into my business.
Total I can boast of my very own robust and fast growing business, Thanks to Zidisha lenders.
I am happy to state here that, I have again successfully paid off my second loan from the proceeds of items I sell.
It is my hope and prayer that God grants lenders the ability and power to fund my third loan.
My business is mini importation. Its buying products from China's largest retail online shops, ship them directly to Ghana and sell them at 2-3 times their cost price. The interesting thing is , when you sell the items at such prices, they are still seen in the eyes of customers as cheap even though you're also make more than 100% profit.
This third loan will enable me expand my business and make lots of profits to repay the loan and also set up a training formular to help young persons who are jobless
If given this loan, I intend to pump money into my importation business. This will enable me to expand the business and order more of the mosquito repellent to satisfy more customers.
Considering the lucrative nature of the business, I see profits rising 30-50% more than it is currently as a result of the expansion.
Positive
None
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$52.00
Date disbursed
Jun 11, 2016
Repayment status
On Time
Projected term
4 months
Other loans
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