Opoku
Berekum, Ghana
$0 to go
100% funded of $67 goal
0
days left
Name
Opoku
Member since
August 2015
On-time repayments
17 installments • 65%
About Me
My name is opoku Solomon innocent i m 25 years old, my parents are Mr and miss Opoku my house number is NYB57 near continental hotel turn lift hand side and county 2 house my house is there is painted with white. I come from berekum in the Brong Ahafo religion. I went to Freeman Methodist basic school in berekum and then went to berekum senior high School in berekum. After I completed my senior high School I decided open my own shop which I will sell clothes and shoes. At first it wasn't easy with a capital of $45. I normally closed my shop since I sell my clothes and shoes on the street hawking until I get more money to stock my shop. But now the demand for clothes and shoes in my area has quite increase I needed more money to restock my shop. A friend of mine introduced me to zidisha loan and I decided to join. My hobbies are dancing, playing basketball and football.
My business entails selling of boutique clothes and shoes. I buy them from vendors who usually open bales and I choose the quality kind of clothes and shoes. I distribute my clothes and shoes to teacher and nurses in my area. With the allocation of my shop a get more customers who a traveling from my town to a different town. Since my clothes and shoes are affordable everyone prefer to buy from my shop. The cost of my clothes and shoes are normally not fixed since it depends on the vendors. With the help of zidisha loan and the savings it will enable me to buy more clothes and shoes and also increase my profit. I sell both guys and ladies clothes and shoes.
Loan Proposal
With zidisha loan,I will be able to buy more ladies and gentlemen dresses which am not able to afford into my shop. I will use $35 to buy ladies dress and shoes and the balance of the money will be use to purchase guy shoes. With the loan I will be able to increase my profit margin about 15% added to my previous profit since the demand for clothes and shoes keep on increasing. Thank You.
I will used 60% of this loan to buy new goods of ladies wear and the rest of the balance will be used to buy new goods of gentlemen into my shop. Everyday things changing and new things are making and Ghanaian are known for fashion. Their demand for new things that is existing in market and is not existing in my shop.I will get profit from the loan by 8% and some of the profit will be to invest in my business again and the rest will be used to pay my son school fees. Thank you.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$67.00
Date disbursed
Jun 30, 2016
Repayment status
Late
Projected term
6 weeks
Other loans
Amount repaid
$0.00
Amount remaining
$70.52
Expected completion
Aug 14, 2016
Status
Repaying late
Installment amount
$13.17
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 10, 2016 | $13.17 | ||
Jul 17, 2016 | $13.17 | ||
Jul 24, 2016 | $13.17 | ||
Jul 31, 2016 | $13.17 | ||
Aug 7, 2016 | $13.17 | ||
Aug 14, 2016 | $4.65 |
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