Inventory for my provision retail shop
Michael
Berekum, Ghana
42% repaid
Entrepreneur
Name
Michael
Member since
October 2014
On-time repayments
56 installments • 61%
About Me
my name is Blessed Nyarko Michael,i am a pastor at the Redemption Ministry international Ghana. I am married with one child. I have been pastoring for many years. That is one aspect of my life. The other aspect of my life is where i run my own shop. The provision store i sell which helps me and my family very much. I have been operating this business for more than five years and is a good experience to be in the position of a pastor and at the same time, doing some form of business to supplement the family and the church. I love to watch football ad going tom see my local club during training sessions. I sell this provision and i love doing it when am at the store,because apart from the business aspect, it is the only provision store in my locality.
My Business
As i have said earlier on, i run my own store which is made up of provisions. when i talk of provision, i mean selling milo, sugar, toothbrush and other items in a shop to the people i stay at one place with. I ahve run this business for more than five years and still counting. i know all the pros and cons of this business, only that, i lack capital to get inventory to run this business. Since i use portion of my profit to cater for my family and do other things,i always use the profits i gain from this business,because is very minute or small. I need loan from zidisha to expand my business and get huge returns to improve upon my life. When am given this loan,i can pay and repay to get a higher loan from our committed lenders. I thank you all for passing through and helping me out.
Loan Proposal
I wholeheartedly thank lenders for my first, second,third and now fourth loan. Which i repaid on time as well. I promise to do better with this loan when you help me as usual.
I run a small shop where I sell general goods like rice, tooth paste, soft drinks among others. I have been doing this business for years. The business is very lucrative . But due to lack of funds, I can't buy in high quantities to improve the business and subsequently my life. I therefore was introduced to zidisha ,where compassion is in action. I plead with zidisha lenders to help me buy more stock and improve my business and my life. I thank you for the favor bestowed one...I can repay and will pay the loan, because I have the capacity and there is ready market for my business. .thanks
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,004.00
Date disbursed
Jun 23, 2015
Repayment status
Late
Projected term
7 months
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Jake Gibson and Beverly Picardo
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Summary
Amount repaid
$425.75
Amount remaining
$597.25
Expected completion
Jan 31, 2016
Status
Repaying late
Installment amount
$32.75
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 5, 2015 | $32.75 | Jul 5, 2015 | $32.75 |
| Jul 12, 2015 | $32.75 | Jul 12, 2015 | $32.75 |
| Jul 19, 2015 | $32.75 | Jul 19, 2015 | $32.75 |
| Jul 26, 2015 | $32.75 | Jul 26, 2015 | $32.75 |
| Aug 2, 2015 | $32.75 | Aug 2, 2015 | $32.75 |
| Aug 9, 2015 | $32.75 | Aug 9, 2015 | $32.75 |
| Aug 16, 2015 | $32.75 | Aug 21, 2015 | $32.75 |
| Aug 23, 2015 | $32.75 | Aug 29, 2015 | $32.75 |
| Aug 30, 2015 | $32.75 | Sep 10, 2015 | $32.75 |
| Sep 6, 2015 | $32.75 | Oct 7, 2015 | $32.75 |
| Sep 13, 2015 | $32.75 | Oct 7, 2015 | $32.75 |
| Sep 20, 2015 | $32.75 | Oct 7, 2015 | $32.75 |
| Sep 27, 2015 | $32.75 | Nov 1, 2015 | $32.75 |
| Oct 4, 2015 | $32.75 | ||
| Oct 11, 2015 | $32.75 | ||
| Oct 18, 2015 | $32.75 | ||
| Oct 25, 2015 | $32.75 | ||
| Nov 1, 2015 | $32.75 | ||
| Nov 8, 2015 | $32.75 | ||
| Nov 15, 2015 | $32.75 | ||
| Nov 22, 2015 | $32.75 | ||
| Nov 29, 2015 | $32.75 | ||
| Dec 6, 2015 | $32.75 | ||
| Dec 13, 2015 | $32.75 | ||
| Dec 20, 2015 | $32.75 | ||
| Dec 27, 2015 | $32.75 | ||
| Jan 3, 2016 | $32.75 | ||
| Jan 10, 2016 | $32.75 | ||
| Jan 17, 2016 | $32.75 | ||
| Jan 24, 2016 | $32.75 | ||
| Jan 31, 2016 | $40.50 | ||
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