Inventory of household products for my retail shop

Lelister Agyapong

Fawoade, Ghana

Funds disbursed

$0 to go

100% funded of $657 goal

0

days left

Entrepreneur

Name

Lelister Agyapong

Member since

December 2014

On-time repayments

41 installments  •  17%

About Me

When I was about to complete my Junior high school, mobile phone business was at its peak, people were making huge profits from so I decided to save little of every money I got so that i could start my mobile phone business someday. Lelister Agyapong is my name and when I started my Senior High School, I invested part of my saved money in a mobile phone business which at that time had become very lucrative. I got much profit from it which I used to revamped my old mother's shop which had been left years with the experience I got from the mobile phone business and everything is working fine thanks to the zidisha team.

My Business

It was very difficult to raise such a capital for this business but when I made most part of the money needed, I started and things turn very tough for me at that time. This made me sought to find a different job elsewhere and I became a shop assistance at a nearby supermarket in my neighborhood. When I started, it wasn't good at all for me but I am a goal must be achieve oriented person so I pressed on until things stabilized for a while for me. And this was the time I quickly started learning how to correct the mistakes I made and made things right so as to get the business back on its feet. So I quickly talked to my mum that I wanted to revamp her old provisions and plastic shop which she agreed. All I am looking for is to revamp a rejected shop my mother left behind, expand it as my own business now and I wish the entire team of zidisha help me out on this because I will be the most happiest girl if my dream is realized.

Loan Proposal

When I get this loan funded, I will use $500.00 to buy bulk of the plastic products like bowls, cups, plates and buckets. These I will invest larger part of my loan in because it sales is very high on the market and the profit margin I will be expecting is around 24% on the principal. I will use the rest of the money to buy other provisional goods so that my dream will be realized in time. I wish the zidisha lenders help fund my loan on time to help me realize my dream. Thank you.....

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Loan Info

Project Type

Classic Loan

Disbursed amount

$733.67

Date disbursed

Feb 10, 2015

Repayment status

Late

Projected term

7 months

Cost to entrepreneur

Lender interest: $733.67 at 8.16% annual rate over 7 months = $39.97

Service fee: $9.37

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