Loan for the expansion of my shoe business

Nketia

Techiman, Ghana

8% repaid

Entrepreneur

Name

Nketia

Member since

July 2015

On-time repayments

166 installments  •  90%

About Me

am nketia stephen i did not live to see my mum she died when i was about 3months old.so i was given to my fathers mum who is my grandmother to stay with her.she took care for me till 2006 .let me remind you that i am 89 born.my grandmum also died in this same year .it was my father who took care for me till i completed my senior high school in the year 2012.he died before the released of my senior high result .l was left alone to make my own life . a wholesale cuttlass seller took me to work with him from 2012 till 2013, when he saw that i was a good guy he started giving me some of the cuttlass and some farming tools on credit to sell them on my own on a table.i started this at 2013 and by God's grace i am still making it in life with this opportunity.i thereby apply for this loan because it will help me acheive my aim of getting a good marriage and serving God almighty in truth.i live in techiman a town which is populary known by it larger and effective marketing.please am not married but single.

My Business

Am a shoe seller.Please ;as we all know shoe is one of the most essential goods in our human life.This is because one can not live without wearing a shoe especially our students. This work as I started initially generated 20 to 30 Ghana CEDI's as my profit. When my first loan was given to me.And frankly speaking this profit that I raised by the help of Zidisha loan helped me from 30 to40 Ghana CEDI's a week.Also this loan helped me from taking goods on credit.I also used the income I accumulate in this business to take good care of my younger siblings my late father left behind. Also my first loan helped me increased my number of pairs of shoes from 300 pairs of shoes to 350pairs of shoes.
THANK YOU.

Loan Proposal

My dear Leander please when am given this loan it will help me increase my number of shoes I sell. Also it will help me buy more variety of shoes so that my business will not be a one way business. Also it will help me increase my profit margin and that will also help me pay my distance education fees and also take a very good care to my siblings my late father left behind.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$419.00

Date disbursed

Feb 20, 2019

Repayment status

Late

Projected term

3 months

Lenders

MarktheMormon

Sandy, Utah, United States

A

ADISI

Bern, Switzerland

Lotus Flower

United States

roark22

Geneva, Switzerland

Ed

Howells, United States

M

Margaret

United States

Paul Buchheit

Mountain View, United States

Joshi

United States

L

Lisa

United States

JD

jermaine dent

United States

MS

Mark Serpa

United States

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