Loan boost my business!

Adam

Abuakwa, Ghana

100% repaid

Entrepreneur

Name

Adam

Member since

May 2016

On-time repayments

18 installments  •  67%

About Me

I am Adam Musa by name. Am from Tatale in the northern part of Ghana, I had my basic education at Tatale in the northern Region of Ghana. I proceeded to having my secondary education at Asanteman Secondary School in Ashanti region. I continued to tertiary level to read AccountingEducation at University of Education Winneba-Kumasi. I believe in self business so diverted to having my own business. Money was a problem by then, but gradually I started with small capital and now am growing at a faster rate.In view of this, i need more capital to expand the operation.

My Business

I buy and transport these cloths from the neighboring countries like Accra and sometimes Togo. These cloths are some second hand and others brand new as well. These include but few men jeans, shirt boxers, all sort of ladies wear and local cloth from the neighboring towns. some of the cloths are bought at different prices ranging from $16, $17 ,.......$50. and 2.9% interest is charged on each cloth. It is highly marketable here because the cloths are of high quality and affordable as well. Hope to hear from you soon Zidisha Lenders

Loan Proposal

I will use the loan to buy the cloths in larger quantities since the demand here is higher than supply. also expand my small shop to contain more of the good. There are other places too where demand is high so will extend the business there to get more customers and also hit the target. In the next few months am expecting exponential growth in the business. am expecting a total gross profit

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Mar 12, 2019

Repayment status

On Time

Projected term

1 week

Lenders

Jamal Hamou

Cascadia, Canada

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