Investing capital into used clothings

Sarah

Nkwantanag, Ghana

100% repaid

Entrepreneur

Name

Sarah

Member since

September 2014

On-time repayments

95 installments  •  43%

About Me

MY STORY

My name is Sarah Amoah. I come from Ghana. I live at Madina, near the Nkwantanang Shool in the Greater Accra region. I am married to a Pastor, and with three lovely girls. Worship at God’s Tabernacle of Praise, Fire Stone Branch. My husband is the Mission Director of the church, and I am the leader of the Praise and Worship Team in the women's ministry. Last year, by the grace of God, I was able to form a group called Tabernacle Voices, and God is using us to bless His people through singing.

I dropped out of senior high school in the final year, because my parents broke up. My father married again, he wouldn’t pay my school fees, and my mother was not financially sound. Eventually I join my mother in the Madina Market to do business as a trader. From the year 2000, I have been trading in used clothes and shoes.

I have a great interest in ICT and in late 2011, I took a short course in Microsoft Office. I wish to further that later, if some funds are raised.

My Business

ABOUT MY BUSINESS

I have a shop where I sell used clothes and shoes. I intend to expand this business to meet the increasing demand of my numerous customers. I will need quite an appreciable sum of money to do this. Since my capital is small, I normally select a few clothes from the wholesalers, between $6 to $10 each, and retail for $10 to $13 each. Getting a loan from you would enable me to purchase a bail of used clothes costing between $1,000 to $1,500. I do almost the same for the hose, too.

The loan would help me to purchase at quantity price of clothes and shoes to serve my customers, make good profit, and also sell as a wholesaler.

Loan Proposal

I need this loan to enable me buy at whole sale price and meet my customers demands.
. I will need quite an appreciable sum of money to do this. Since my capital is small I normally select a few clothes from the whole sellers between $6 to $10 each and retail for $10 to $13. Getting a loan from your outfit will enable me to purchase a bail of used clothes cost between $1000 to $1500. I do almost the same for the shoes too.
thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 26, 2015

Repayment status

On Time

Projected term

2 months

Lenders

C

Caalve

Bratislava, Slovakia

mole333

Brooklyn, United States

Matt B

Stratford Upon Avon, United Kingdom

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

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  • Sarah    Jan 27, 2016

    I am grateful to my lenders for the past loan. The loan helped me a lot in boosting my business, and I was able to meet most of my customers' demand. It also has helped me make more profit. I am able to provide for the family and help some people in my community by employing them to work with me as a distributor. God bless you.

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  • Sarah    Jul 27, 2015

    I received an amount of 2343 Ghs.
    Will use it to buy brand-new dresses and shoes for my shop.
    I am very grateful. I thank you for the good work you are doing.
    God bless you all.

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  • Sarah    Jul 23, 2015

    I will use the loan to buy more clothes and shoes for my shop.
    It will help me get more profit to help my husband in taking care of the home and the needy in my society.
    I thank my lenders so much for this opportunity once again. I am very grateful to you. God richly bless you all for the great work you are doing. Stay blessed!!!!

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  • Franscisca    Jul 16, 2015

    all the best in your venture

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  • Sarah    Jul 8, 2015

    Hello hello hello!!!
    Is so wonderful to come in contact with Zidisha!
    The loan I received, I used it to purchase more clothing and more shoes, and my profits have increased from 5% to 10%.
    Is so marvelous God blessed the Zidisha team and my lenders.
    It's helping me and my family a lot to be able to provide for my parent and the less privileged in my society.
    Another wonderful event that happened in my neighborhood is Cleanshield launching and award day 27/06/15, it was amazing, a lot of people won awards. Am a member of this MlM.
    Thanks to lenders. Stay blessed!!!!

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    • Matt B    Jul 8, 2015

      Sarah - thank you for the updates. It's great to hear things are going well for you and that our small loans have been able to make a difference to your business and your life! Regards, Matt.

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  • Sarah    May 1, 2015

    I am very happy to inform my lenders of What I did with my second loan.I use it to boost my business. By buying dresses, Shoes and more through importation is very cheaper and profitable and my business level has changed all because of my lenders. l now do importation business any thing at all u want will now order it for you.
    I am very grateful to you.

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  • Sarah    Apr 12, 2015

    Hello! Hello! Hello!
    In fact zidisha as really increase my capital and business is going on well thanks to my lenders for their kind gesture.

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  • Sarah    Apr 9, 2015

    Hi,
    Am very happy for contacting zidisha it as really boost my business
    God blessed my lenders

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  • Sarah    Mar 30, 2015

    Hi,
    Thanks so much i have receive the loan.
    The amount i receive was 821 GHS
    It came just this evening i will withdraw it tomorrow.
    I am grateful for such an opportunity with zidisha and my lenders.
    Thanks to my lenders and God richly bless you all.

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  • Sarah    Mar 19, 2015

    hi my lenders today is my birthday am very happy and grateful to God for adding a wonderful year to my years. God also help you for the good work you are doing.

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  • Sarah    Mar 17, 2015

    Am very Grateful to God, for giving me zidisha . And through them i have got a very flexible loan from my lenders to boost my business.
    The loan i took as helped me a lot though it small because of the interest rate which is good it as boost my business a lot.
    God bless my lenders, and i will also continue to be a good borrower.

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  • Sarah    Mar 14, 2015

    Yes of cause, I will request for another loan tnx

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  • Sarah    Mar 12, 2015

    I want to say a big thank you to all who funded my loan cause they helped me achieve my goal. I can now sell more in the day and is helping me a lot because the loan is very flexible. And am making a good profit.
    Sarah Amoah
    Ghana Accra

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    • Matt B    Mar 13, 2015

      That's great to hear. Will you be requesting another loan when you've repaid this one?

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  • Matt B    Mar 4, 2015

    Thanks for the update and photos - glad to hear things are going well for you and your business!

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  • Sarah    Mar 3, 2015

    Hello! every one am so much happy to come in contact with zidisha. The loan i receive has really my business to expand God blessed Zidisha and my Leander very grateful.
    I have also come in contact with this supplement called cleanshield from US is very effective and good for boosting ph up to 11.2
    me, my family, friends and church members has use it and it works to know more about cleanshield call me +233267537414 visit www.cleanshieldint.com is a good business it works so it sells a lot of money to make.

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  • Sarah    Jan 28, 2015

    Thank God for Zidisha am very grateful i received my loan yesterday may God blessed you for the good thing you are doing
    Stay blessed live long Zidisha live long lenders

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  • Matt B    Jan 24, 2015

    Good luck with your business!

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  • Roland    Sep 21, 2014

    Hello Sarah, I am glad you are almost through with your inclusion to this wonderful organisation. I want to help you. All we need to do is securing ourselves with Trust and been faithful with Zidisha and the lenders. Thank you Madam

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