Loan for stocking additional paint into my shop
Emmanuel Gyasi
Esereso, Ghana
100% repaid
Entrepreneur
Name
Emmanuel Gyasi
Member since
August 2020
On-time repayments
48 installments • 56%
About Me
I am a boy of 21 years an shs graduate in 2018. I started the selling of paint and other tools immediately I completed school. Due to a small capital I have less stock but I hope zidisha will help me expand my business.
My Business
The selling of paint is the business I do. Although I sell other tools,paint is the backbone of my business. My father first gave me some money and I added my savings to it to create the initial capital but right now the profit I gain has been the sources of income.
Loan Proposal
I will use this money to buy more paint and hardwares into my shop. I would like to purchase more of oil paints and new quality rollers.I would also like to add the sale of plywood and roofing sheets
Income Source
The weekly profit of my shop has been increasing recently and with this profit earned I can freely repay the loan.I am the sole seller of paints and hardwares in my town so the sale and the profitability of my shop is stable
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$306.12
Date disbursed
Dec 27, 2020
Repayment status
On Time
Projected term
4 months
Cost to entrepreneur
Service fee: $11.02
Credit risk payment:
$31.02
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