Loan to add more stock to my clothing shop

Fredericka

Nsawkaw, Brong Ahafo Region, Ghana

57% repaid

Entrepreneur

Name

Fredericka

Member since

April 2015

On-time repayments

58 installments  •  52%

About Me

MY STORY
I am Fredericka Quainoo, a 28-year-old lady who loves entrepreneurship and believes in self-employment. I completed Ahantaman Senior High School. After senior high school, I moved in a little business of buying and selling cosmetics, which aided me in the payment of my school fees at the Narh-Bita College, where I received a certificate in medical laboratory assistant. At school, I moved into buying and selling clothes to students and lecturers on campus. Through this, I was able to support myself by paying for my academic utilities.

My clothes are very affordable and are produced with high-quality materials, and I have a long time ambition of getting enough capital to expand my business. My dream is to see poverty being reduced in the area, so that the young children who want to be doctors and lectures would achieve their aims.

My Business

ABOUT MY BUSINESS
I am in the business of buying and selling clothing in my locality and towns around the area. Initially, when I started the business, I used to buy from local wholesales and sell around. The clothes would sometimes cost around GHS 2,000. My clothes are being demanded because they come with quality materials and affordable prices.

As the business grew, I started importing my clothes from Togo and would sometimes give them to customers on credit. Currently, I have stayed a little idle in the business, which I wish to rekindle in no time. I would be glad to get this loan in order to help rekindle and expand this business so that I would be able to make good profit to in order to take care of the family. I promise to execute and respect the rules and regulation of this noble institution. Thank you.

Loan Proposal

With the previous loan from Zidisha, I was able to expand and boost my business. This made it possible for my customer base to increase. I wish to apply for another loan to reinvest into the business. With the money, I will further add more clothes to my stock. I promise to abide by all rules and regulations governing this noble firm as I did in the previous loan. Thank you.

Show original English  

About Me

MY STORY
Am Fredericka Quainoo, a 28 year old lady who loves entrepreneurship or believes in self employment. I completed Ahantaman Senior High school. After senior high school, I moved in a little business of buying and selling cosmetics which aided me in the payment of my school fees at the Narh-Bita College where I offered certificate in medical laboratory assistant. At school, I moved into buying and selling clothes to students and lecturers on campus. Through this, I was able to support myself by paying for my academic utilities. My clothes are very affordable and are produced with highly quality materials and I have a long time ambition of getting enough capital to expand my business. My dream is to see poverty being reduced in the area so that the young children who want to be Doctors and lectures would achieve their aims.

My Business

ABOUT MY BUSINESS
I am into the business of buying and selling clothing at my locality and towns around. Initially, when I started the business, I used to buy from local wholesales and sell around. The clothes would sometimes cost around GHS 2000. My clothes are being demanded because they come with quality materials and affordable prises. As the business grew, I started importing my clothes from Togo and would sometimes give it to customers on credit. Currently, I have stayed a little idle in the business which I wish to rekindle it in no time. I would be glad to get this loan in order to help rekindle and expand this business so that I would be able to make good profit to in order to take care of the family. I promise to execute and respect the rules and regulation of this noble institution. Thank you.

Loan Proposal

With the previous loan from Zidisha, I was able to expand and boost my business. This made it possible for my customer base to increase. I wish to apply for another loan to reinvest into the business. With the money, I will further add more clothes to my stock. I promise to abide by all rules and regulations governing this noble firm as I did in the previous loan. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$245.00

Date disbursed

Sep 1, 2015

Repayment status

Late

Projected term

11 months

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