Improve my stock

Lydia

Berekum, Ghana

Funds disbursed

$0 to go

100% funded of $10 goal

0

days left

Entrepreneur

Name

Lydia

Member since

July 2018

On-time repayments

4 installments  •  50%

About Me

Am am Lydia Taabea from Ghana. Grown up in a community in a called called me New Amankokwaa opposite community borehole of about 2500 inhabitants . I am high school graduate which I completed in the year 2016.

In order to overcome hardship in African community you need to be a serious minded situation ever. After high school where I made little savings, started to do something so I ventured into trading. Thus retailing of electricity gadgets which helps me overcome the economic hardship.

I did start saving when I graduate from May 2016 to February 2018 Where I got my initial capital for my business in retailing of electricity gadgets.

The inhabitants are willing to start something big but the opportunity on where to get starting capital. But as soon as I go to know about Zidisha I said there's hope for the deprived.

Our community are blessed with people with hopes in life and we're more into finding a better life.

As at now I've am single but I want my wards through the agony am passing through so I need a better business offer. . Moreover am taking care of a child of 1 and half years who the parents are more deprived than I am.

My past aim was to be one of the greatest resource persons and I hope with Zidisha and my lenders at hand I've better aim to go. Reading novel have been my utmost desire and soccer but you can't achieve by hunger so I picked up my business serious.

Thanks to my lender for helping me and my business. For Zidisha we'll have better future.

My Business

My business are on electricity gadgets which is very nice and so I sell all kinds of bulbs, cabbles etc.

Affordability and durable goods increase demand so I go in for quality to achieve a goal.

To help myself and the community to get to know more about the energy we are to use and how best to help us manage the little resources at hand.

The cost of for the week is $200 and am able to acquire 10% which maps to $220 per week

The profit are being reinvest for the growth of the business and thanks to my lenders and Zidisha am of hope I'll achieve the am of joining. Am most grateful.

Thanks once again to the board for bringing up this initiative.

Loan Proposal

I'll buy bulbs from wholesale for resale. With $10.45 I can buy 10 pieces of the bulbs for resale at $1.12 which gives me 12% profit.
As there's increase in profit of 12% surely my business is growing and the community enjoys the benefits of easy access to the products.
It increases my profit margin by approximately by 12% which is an enviable one in business.
I can't take the credit alone but I to Zidisha microlending and my beloved lenders who makes our dream come true.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Aug 22, 2018

Repayment status

Late

Projected term

1 week

Lenders

DD

Dixie Davis

Kyle, United States

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