Increase stock of my children's wear clothing

Justine

Accra, Ghana

Funds disbursed

$0 to go

100% funded of $639 goal

days left

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How it Works

Entrepreneur

Name

Justine

Member since

August 2016

On-time repayments

49 installments • 76%

About Me

I am a young lady of 41 years and a mother of three beautiful girls and a boy. I am from Kpando in the Volta Region of Ghana. I attended both my primary and senior secondary school education in my hometown. Thereafter, I proceeded to St. Teresa's Teacher Training in Hohoe. I taught for about a decade and apply for study leave into the University. I graduated in 2009. Owing to the inadequacy of my salary, I decided to add buying and sale of secondhand clothing as my second source of income. All my children have very high expectations; the three girls want to become lawyers whilst the boy aspires to become an engineer.
There are so many cultural practices where I live.The most interesting among them is 'Homowo'. It is a festival of thanksgiving to the gods for a bumper harvest.

My Business

I buy and sell secondhand clothing. This is in high demand because it is within the affordability of all income brackets because its price is low compared to those from boutiques. Due to my small capital outlay, I normally go in for selection of the best few clothes that my capital can afford. I have ready customers who take delight in my selection of the clothing, hence my turnover is very good. I normally make between 25 to 30% of my capital as profit. I use part for the children's school fees and reinvest the rest to grow the business.

Loan Proposal

I wish to use this loan facility which is about $680 to acquire more bails of Children's Wear Clothing.The demand in line of my stock is still on the high level.If l access this facility, my profit margin shall move up to about 25% of my total capital which almost $900. My standard of living has already improve as a single mother ever since zidisha microfinance came to my aid.There shall be more improvement if my next loan is disbursed to me.l can now afford a tasty balance diet thrice a day for my children. Besides l can also take them out every fortnight. God bless Zidisha for standing for the vulnerable in society.

Show original English

About Me

I am a young lady of 41 years.A mother of 4.Three beautiful girls and a boy.Am from Kpando in the Volta Region of Ghana.I attended both my Primary and Senior Secondary school Education in my Home town. Thereafter, I proceeded to St. Teresa's Teacher Training
in Hohoe.I taught for about a decade and apply for study leave into the University.
I graduated in 2009,Owing to the inadequacy of my salary,I decided to add buying and sale of second hand clothing as my second source of income.There are so many cultural practices where I live.The most interesting among them is 'Homowo'.It is a festival of thanks giving to the gods for bumper harvest. All my children have very high expectations,the three girls want to become lawyers whilst the boy aspire to become an engineer.

My Business

I buy and sell second hand clothing.This is in high demand because it is within the affordability of all income bracket.This is because its price is low compared to those from boutiques.Due to my small capital outlay,I normally go in for selection of the best few clothes that my capital can afford.I have ready customers who take delight in my selection of the clothing.Hence my turnover is very good. I normally make between 25 to 30% of my capital as profit.
Yes I use part for the children's school fees and reinvest the rest to grow the business.