Hairdressing salon expansion

Amma Amoakoa

Accra, Ghana

100% repaid

Entrepreneur

Name

Amma Amoakoa

Location

Accra, Ghana

On-time repayments

1 weekly installment  •  100%

About Me

I am Ama Amoakoa, a 28year old mother of two. I am married and I am living with my husband in a small town called Omanjor in the city of Accra in the Greater Accra region of Ghana.I am a hairdresser madam who owns a hairdresser saloon with apprentices working under me. My saloon is too small for the number of apprentices who are learning trade. Therefore, I have decided to do expansion works so that they would be comfortable learning trade. It is in this light that I am applying zidisha loan to enable me carry out expansion works to train more girls to acquire skills and create more jobs for themselves and the country at large thereby reducing poverty.

My Business

This hairdressing business I am doing has been given me regular income which I can boldly say it is something to write home about. I also have a small business alongside my major hairdressing business. This also fetches me money and it is very supportive.
Again, my husband is a skilled worker and he does supports me financially.
With all these supports, I will be able to pay the loan coming weeks.

Loan Proposal

This loan that I am applying will be used in two ways;
1. To expand the beauty saloon to make it more comfortable to attract more apprentices to come and learn a trade which will enable them acquire skills to create more jobs for themselves to better their lots in the future.
2. Expansion also calls for more beauty shops machines. So the loan would also be used to buy machines to facilitate and add more value to the hairdressing business.

Income Source

I have a small and a lucrative business which runs in addition to my major hairdressing business. This fetches me money. My husband is also a skilled worker and he does supports me financially. I believe with all these supports I would be able to pay the loan coming weeks.

Feedback

1

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Lenders

Leesa

Australia

dlpringle

Denver,  United States

JessieD

Alexandria, Va,  United States

M

Margaret

United States

Loan Info

Disbursed amount

$62.81

Date disbursed

Feb 25, 2021

Repayment status

On Time

Projected term

4 weeks

Cost of loan

Service fee: 5% of $62.81 = $2.99

Credit risk payment: $9.32

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  • Amma Amoakoa    Feb 26, 2021

    I thank you for lending me 287GHS. The money is going to be used to expand my business, train more girls and buy equipment.
    Thank you once again.

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  • Amma Amoakoa    Feb 25, 2021

    I thank my lenders for loaning me this amount. This money will help me expand my hairdressing salon business by creating enough room to make the place more comfortable to train more girls. Secondly, through this loan I will be able to buy more equipment to enhance the business.
    Once again I thank you all.

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  • Margaret    Feb 20, 2021

    Hi Amma,
    Good luck with your new loan, I love the fact that you are teaching girls a trade to create jobs. That is excellent work! Regards, Margaret

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