Name
James Ohemeng
Member since
January 2021
On-time repayments
23 installments • 57%
I was born and raised in a town called Sepaase in Ashanti region of Ghana. In my childhood days, I always dreamt of becoming a business owner. I started waving Kent at the age of 9 years.
I used to read a lot of stories that talk more about business and how to become a successful business owner. As time goes on, I decided to stop waving Kent and I fully focus on my education.
By the time I had joined high school, I knew I wanted to become a great CEO of my own company. I chose to read business and I decided to learn hard to achieve my set target. I saved some money with a motive to run a mobile money business after high school.
I completed high school in the year 2013 and I set up my first container in Abuakwa near the new market to operates mobile money business. Life was full of challenges,But I decided not to give up. I saved some money to continue my education.
I read business administration in Garden City University college which is located at Kumasi in Ghana.
The time I was schooling, I join a leading network marketing business which I am still a distributor. I make income in three ways, I make money from the network marketing business, my mobile money business and I also receive monthly salary as a service personnel.
BF suma is a leading network marketing company in Ghana and I am a distributor of the said company. My work is to buy product from the company as a wholesale price and sell it as a retail price. I make money from the sells of their products and enjoy monthly commission basis on the number of products I am able to buy at the end of each month. Every month I am able to sell Ghc12,000.00 wealth of products and I make 20% profit out of my total sales. The company also pay me a commission on the sells I made in a form of pv which is calculated in dollars base on my level, i receive extra 13percentage as my monthly commission. I also own a mobile money business of which I make extra income.
I need this loan to buy immune-system boosters for sale and this will help me to increase my stocks and I can make more profit because since I started take loan from zidisha my profit limit has increased.
Is ture many businesses faces risk in this hard time but with the sales of immune-system boosters, it is less risky and I can pay back. In case of risk I will pay back the loan from the profit I make from my other businesses.
Feb 1, 2021: Thanking zidisha for their loan
Positive
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Neutral
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Negative
None
Project Type
Classic Loan
Disbursed amount
$465.69
Date disbursed
Mar 12, 2021
Repayment status
Late
Projected term
3 months
Cost to entrepreneur
Service fee: $16.71
Credit risk payment:
$50.26
Optional expediting fee:
$33.42
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