Notebooks and calculators for educational supply shop

Yaa

Suhum, Ghana

100% repaid

Entrepreneur

Name

Yaa

Member since

April 2016

On-time repayments

220 installments  •  90%

About Me

I was born and raised in okroase a small village in suhum in the eastern region of Ghana. After my secondary school education I was forced to learn a trade because my parents couldn't afford to take care of me through tetiary education. And this was how come i started my own business-INTERNET CAFE and educational supply with the help of friends. I started with five computers but with the help of zidisha I now have eight and still counting. I also have a photocopy machine and attached to it is a printer to print out for students. my shop is located near a school which is within commercial area in Suhum.
The unique culture in Suhum is the Odwira festival which is celebrated between October and November every year. My little daughter who wants to be a nurse or lawyer is counting on mummy for her dream to come true. I went to the kakum national park in Cape coast and it was really fun with my friends and daughter . I love watching movies and also a football fun.

My Business

I provide internet cafe services in addition to the stationary . My shop is situated near a school so the students are always photocopying their handouts, making research at the cafe and buying stationary from me as well.
I sell foolscap note books both the large and the small size, scientific and casio calculators, assorted pens,exercise books, permanent and temporal makers and mathematical sets. I do also sell story books for beginners. My services are very useful because the shop is situated near a school which help the students easy access in their education by doing research, buying their stationary from me and other learning materials. I chose this kind of business because cafe and stationary shops around that area are few and profitable as well. Through the profit earned I am saving towards my little girls education and also reinvest into my business by buying cartridges for the printer and the photocopy machine

Loan Proposal

This loan will be used to stock my shop with 400pieces of books such as foolscap note books which include the large and the small size. I will also buy Casio and scientific calculators. The cost of one Casio calculator is 20 dollars each and the cost of one scientific calculator is 30 dollars. The cost of one large foolscap book is 3dollars and the cost of the small foolscap is 2dollars. I will also buy boxes of assorted pens which include blue, Black and red which cost 10dollars per pack, 500 pieces of mathematical sets which cost 3dollars each. I intend to buy A4 sheets for photocopying and the cost is 5dollar per rim, 100pieces each of permanent and temporal makers (that is white board maker) which cost 2dollar each. I already have some money which is part of the profit I earned from the previous stock to buy cartridges for the printer and the photocopy machine. This will make me take care of few needy children in my area and my little girl who has the dream to become a nurse or lawyer in future. I expect my profit to increase by 400 dollars after sales.
I hope my loan will be funded. Thank you

Feedback

4

None

None

  • David    Apr 27, 2020

    Once again, this was a long term, large value loan with excellent repayments. Originally scheduled to take twelve months to repay, the loan was paid off in less than ten months. I wish you and your business continued success.

    Log in to reply • Share
  • David    Jun 8, 2019

    Regular, weekly payments were made for eight months before a large payment finished the loan in under nine months. This is an impressive record given the higher value of the loan. Well done.

    Log in to reply • Share
  • melissapmeier    Feb 7, 2018

    I would be happy to lend to you again! Best wishes for your continued success!

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,130.00

Date disbursed

Mar 3, 2018

Repayment status

On Time

Projected term

6 months

Lenders

Bobrm2k3

Charleston, United States

fransk

Culemborg, Netherlands

Anna Hoad

Toronto, Canada

D

Dinu

Switzerland

Heather

Taree, NSW, Australia

L

Liam

New Zealand

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

T

TP

United States

CC

Carl Corvin

United States

W

Wiley

United States

Ask Yaa a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...