Loan of ghc1292 helps me to purchase equipment & inventory

Elizabeth Neequaye

Kasoa, Ghana

3% repaid

Entrepreneur

Name

Elizabeth Neequaye

Member since

October 2014

On-time repayments

176 installments  •  22%

About Me

My name is Elizabeth Adwoa Neequaye . Some of my friends call me Mamalizzy.l live in Kasoa, Accra .l was born in Accra-Ghana I am single and mother of two children.Someone may ask where is your Husband .Is sad story.my lovely husband died when l was about to give birth to my second child. My children are girls l completed my Junior High School and obtained my certificate and due to financial difficulties my parents could not send me to Senior High school . When my husband died l decided to set up small business so that l will be able to generate good income to send my children to school and also to feed them.so
l establish my own food service restaurant. l sell local food call Banku with vegetable stew.l established my own food service restaurant in my community to provide healthy meals to people living in my community . This business help people in my area a lot. Owning my business has enabled me to earn income which has help me and my children. l used my earnings to reinvest into my business , pay my children school fees and pay house rent. my hobbies are listern to good music, reading and listern to world news.

My Business

I have set up small food service restaurant for people in my community. I started this business about 5 years ago from my my little income and now l have been able to increase my income capital.. I Provide healthy food to people . l provide locally healthy and tasty food called banku and vegetables stew and sold to people in local neighborhoods . My customers are the people in my community and I have a very good customers who always buy from me .They prefer my food to others because l sell healthy food to them at the low price.
My business is profitable because I have so many customers so I sell more. The risk my business have been facing is lack of capital to reinvest so that l will provide more healthy food with vegetables to my customers in my area . l used charcoal to cook and l want to get gas cooker(stove) and cylinder .
This food service has impact on the people because it provides nutritious meal with vegetables to my community .
l earns my income and profit from my customers willing and able to buy my food. The cost of running this business is very high .
I know very well l am going to pay back the loan because of the profit I make per day. I make at least income of GHS 300 ($90) a day

Loan Proposal

I have food services restaurant that provide food for people in my community. The cost of running this business is very high . especially it equipment.
I used my Second loan to buy equipment like refrigerator and it has help me store my fish and other things. Also it helped me prepare the meal to support the customers in my community by providing them healthy meals .l will use my third loan to buy more vegetables, meats, fish, and equipment. This loan will allow me to purchase equipment and additional inventory to expand food services restaurant that provide food for people in my community. These investments will also make it easier for me to increase my customer bases .
.l hope to use my business profit to expand my business. so that l will get income to send my children to College.
I am asking Zidisha and lenders to lend me this loan. l know that with the help from Ienders and Zidisha I will be able to satisfy my customers .
l will pay back the loan because of the profit I make per day. I make at least income of GHS 371($90) a day. I will be paying the loan from the Profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$323.50

Date disbursed

Aug 27, 2015

Repayment status

Late

Projected term

32 months

Cost to entrepreneur

Service fee: $8.23

Lenders

rebecca

Chapin SC, United States

C

CWS

Huntington beach, ca, United States

B

bgalon

London, United Kingdom

investor

Candiac, Canada

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

DeanDropshot

Oslo, Norway

Tilius

Oslo, Norway

J

jozua

Delft, Netherlands

A

argentpepper

Boston, United States

Alessandro

Verona, Italy

T

traderjohn

Baltimore, United States

H

Hynek

Brussels, Belgium

R

rcmssr

Woodbury, United States

Pere

Barcelona, Spain

Zidisha

Sterling, United States

K

kathy207

South Portland, United States

T

ToddK

Indianapolis, IN, USA, United States

A

AnnaW

Orange County, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

S

SelvaMarcus

Green Cove Springs, United States

T

tmsaddress

Orlando, Florida, United States

dajawein

Gladstone, Australia

P

penguin3694

Chicago, United States

J

jzidi

Los Angeles, United States

S

Sabine

Courtenay, Canada

D

DThirteen

Miami, United States

U

UmSaeed

Southfield, United States

fairspirit

Utrecht, Netherlands

Muslim

Riyadh, Saudi Arabia

Nadja

Weissach, Germany

gseletko

South Perth, Australia

F

Forfex

Zurich, Switzerland

dmirpuri

Bangkok, Thailand

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

E

E

Marin county, United States

H

Haavard

Bergen, Norway

G

GanSatya

United States

sderickson

Berkeley, CA, United States

M

Malibu

Westwood, United States

Matching Fund

Sterling, United States

S

spivurno

United States

J

jay12

Germany

K

Karpet

Faroe Islands

joshuacollinson

Vienna, Austria

TyWee

Manila, Philippines

I

idris

United States

M

M.Umar

Pakistan

A

adamdreaming

United States

GaloLending

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Arne Bachmann

Hamburg, Germany

Dave Bogard

New York, United States

Roy

Espoo, Finland

Family Mueller

Petershagen, Germany

Robert

Sweden

MZ

Matt Zirwas

United States

Glenn K

Victoria, Canada

wissam

Jeddah, Saudi Arabia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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