Loan for stocking my butique

Abdullai

Asawasi, Ghana

48% repaid

Entrepreneur

Name

Abdullai

Member since

February 2015

On-time repayments

17 installments  •  29%

About Me

I am Masawudu Abdullai,20 years old and one old into this business. I live in Asawasi, a suburb of Kumasi in the Ashanti region and hails from Duase also in the Ashanti region. I graduated a junior high school and got into trading, basically in clothing (unisex). The trade which began from the road side now in a small shops. My busy schedules doesn't permit me to engage in any hobby but waste no time in visiting my extended family when less busy.

My Business

I was selling cloths at the road side and used my small savings to rent a kiosk to made it a butique and that's what am doing now. I was initially in second hand clothing and I met a friend who import cloths from our border country called Togo so I join him and that is the goods am using to fill up my butique.
This goods are useful because i run unisex butique and it is at the road side that anyone can get to buy from the shop and is around a place that there is no cloth selling place so people patronage.
I have to buy the imported clothing's The price of 10 to 15 dallars per one and the second hand cloth is 2 to 5 dallars per one.
My profit will be used for reinvesting in my butique to make it a huge butique in Asawasi and kumasi as well.

Loan Proposal

Because I sell cloths that meet the people pocket demand is mostly made on me by people in corporate Ghana and the general public as a whole, so stocking goods are necessity for my business so if granted loan, I can stock lots of goods and also expand my kiosk enable me serve my customers better. Thank you for accepting and granting me this loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 9, 2015

Repayment status

Late

Projected term

4 months

Lenders

N

nanax005

SALEM, United States

A

Aaron

Zurich, Switzerland

T

Tui1974

nuenen, Netherlands

S

solarkismet

Logan, United States

U

UTLonghorn

Lincoln, United States

A

akshu71

Ottawa, Canada

R

RohitSingh

Montreal, Canada

Matching Fund

Sterling, United States

A

adiipienaar

South Africa

Betapilot

Copenhagen, Denmark

Roy

Espoo, Finland

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  • Ishmail    Sep 7, 2015

    Dear lenders Abdullai store has been taken from him due to the rent because he says He has no money to pay for the rent that's why he has not yet made any payment.

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  • Roy    Jun 18, 2015

    Abdullai, I encourage you to make some small repayment, so people know you do intend to repay your loan.

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  • Roy    Jun 14, 2015

    Hello Abdullai, I hope you are well.... If you are unable to make the planned repayments, I encourage you to reschedule, paying what you can. Even if it is just a small amount, it shows your intention to repay the loan.
    Good luck.

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  • Roy    May 26, 2015

    Hello Abdullai, How are you? We have not heard anything from you for some time now.

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  • Abdullai    May 5, 2015

    hello Mr. Roy,
    Thanks for caring for me, I have been sick for about three months now and the person I left my butique for has not been serious so it has let me down. Am going to make on time payment when I feel stronger but am going to use my small small earnings to be paying on normal basis. Thank you for your patience.

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    • Roy    May 5, 2015

      Sorry to hear of your illness. Hopefully, you have returned to work with good health and energy.

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  • Roy    Apr 21, 2015

    Hello, How are you? what's your situation?

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  • Abdullai    Apr 14, 2015

    Reschedule my payment plan

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  • Ishmail    Apr 6, 2015

    I have seen him personally and he said he was not feeling well but now he his well now and he is willing to pay the past due next week when start working.
    Ishmail Mohammed,
    Volunteer mentor.

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  • Abdullai    Feb 26, 2015

    I have used my income to stock my butique that's why I want to reduce my payment plan for me not to postpone payment.

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  • Roy    Feb 12, 2015

    You're welcome!

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  • Abdullai    Feb 12, 2015

    Thanks to my lenders and zidisha team for helping out to stock my butique and this is really moving well for me.

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