Frank Kojo Nimako
Kumasi, Ghana
100% repaid
Name
Frank Kojo Nimako
Member since
October 2020
On-time repayments
37 installments • 38%
My name is Frank Kojo Nimako, I grew up from Asafo in kumasi and schooled at Prempeh College. After Prempeh college i travelled to Uk but was deported due to Papers. I struggled a lot because I spent a lot to travel outside the Ghana just to find opportunity to help my family. I came to Ghana and because my financial situation was worse I decided to start a small business in cosmetics. I am an Ashanti and form Oyoko clan which is headed by Otumfuo Asantehene II. Ashanti is very rich with variety of cultural display and nice place to be. I have three children with my wife and my first child want to be a pilot, second Nurse and third want to be a doctor. I like playing basketball which i did enjoyed at my youthful days.
I sell cosmetics like skin lotion, spray, and other products. These products are very essential and used by many people. I choose to invest in these products because i did have a friend who has invested in this business and is doing very well. I have so far invested about $100 in this business and is very good. I use my profits for home renovations, business expansion and family expenses.
Since I started investing in Franko Pomade with the help of Zidisha my business is raising enough profit. Now Franko Pomade has been widely accepted by my community with the demand very high. I always fall short of request from my cutomers and I want to take this loan to produce more of this product so I can meet the demand of my customers and in return raise more profit to support my business. God bless all the lenders who have contributed to this project since I innitiated. Thank you.
I sell many products aside Franko Pomade and make alot of profit on daily basis from these products that I sell to my customers. Now that the purchase of goods is really encouranging I will pay the loan from the profit I make from the sales from products.
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Project Type
Classic Loan
Disbursed amount
$293.59
Date disbursed
Nov 16, 2020
Repayment status
On Time
Projected term
4 weeks
Cost to entrepreneur
Service fee: $21.27
Credit risk payment:
$21.27
Optional expediting fee:
$21.27
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