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

4

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$245.00

Date disbursed

Sep 1, 2015

Repayment status

Late

Projected term

11 months

Other loans

Lenders

J

Jorgetmorais

Vila Nova de Gaia, Portugal

L

lujabe

Melbourne, Australia

E

Edijac

Strombeek-Bever, Belgium

fairspirit

Utrecht, Netherlands

ShaneS

Port Pirie, Australia

mepster

San Francisco, Ca, United States

A

andreab

United States

D

djlayton4

United States

S

Stephan

Netherlands

E

Erich

Zurich, Switzerland

Roy

Espoo, Finland

MW

Matt Willis

United States

jtreyes

United States

E

erica

antwerpen, Belgium

D

dabatate

Saarbrücken, Saarland, Germany

F

Florian

Munich, Germany

BC

Best Chapman

United Arab Emirates

K

Keefer

United States

Ask Fredericka a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Roy    Apr 10, 2016

    Fredericka, How are you?

    Log in to reply • Share
  • Roy    Mar 26, 2016

    How are you Fredericka? If you have trouble with making the repayments, you should reshedule... Please contact your VM for help.
    Best Reagrds,

    Log in to reply • Share
  • Lloyd Edwards    Sep 23, 2015

    Hello Fredericka,.
    It's my pleasure to help finance your enterprise. I hope that you're well & that you're having fun in your business. It's really inspiring to see you doing so well.

    I'd also like to thank you for the on time repayments.

    Log in to reply • Share
  • Fredericka    Sep 2, 2015

    Thank u very much for granting my loan will be use exactly as requested for. Thank you zidisha family.

    Log in to reply • Share
  • Fredericka    Aug 31, 2015

    Thanks very much to the lenders for the honor they have done me. I will use the loan to add more stock to the shop. Some of the items I will pick ladies and gents wear and also some slippers. This will go a long way to boost customer confidence in my business. Once again I say thank you.

    Log in to reply • Share
  • Fredericka    Aug 23, 2015

    Am proud of you of zidisha family for making me excel. Thank you and keep it up and help me expand more. Roy I appreciate a lot Thank you

    Log in to reply • Share
    • Roy    Aug 24, 2015

      You're very welcome.....It's a pleasure to be able to help.
      It surprises me how many loans are only fully funded on the last day.....I see no reason why yours would be otherwise.
      Still we hope and pray things go as we expect.
      Good luck,

      Log in to reply • Share
  • Daniel    Aug 23, 2015

    Good luck with your business. Excellent job. I wish you success.

    Log in to reply • Share
  • Eunice    Aug 21, 2015

    Hi Fred great job keep it up

    Log in to reply • Share
  • Fredericka    Jul 30, 2015

    Good day, Zidisha family and my lenders. I thank you very much for your help. With my first loan, I started off by buying more shirts for both men and women. This helped me earn something that could help me expand into selling of sandals too. After a while, I could generate some income that aided me to hire a bigger store room to make sales in. I have really benefited from this loan. Thank you for helping me expand my business.

    Log in to reply • Share
    • Roy    Jul 30, 2015

      Thank you for tjhe news.... It is very nice to hear.
      Best of luck in the future.

      Log in to reply • Share
  • Fredericka    Jun 19, 2015

    Please I have earned a lot that I can now pay more than GHS 19. Thank you.

    Log in to reply • Share
  • JillV    Jun 11, 2015

    Hello Fredericka, hope things are going well for you. Thanks for making your repayments on time so far!

    Log in to reply • Share
  • Gordon    May 22, 2015

    Your first installment of 20GHC is due on sunday May 24: All the best

    Log in to reply • Share
  • Fredericka    May 7, 2015

    Thanks very much Roy. I appreciate your concern. I strongly have faith in zidisha and the lenders and I will never disappoint

    Log in to reply • Share
  • Michael    May 4, 2015

    Nice business idea

    Log in to reply • Share
  • Fredericka    May 3, 2015

    Thanks Megan and the zidisha team for such interest you have had to see me make it in my business. I also thank lenders so far for the interest they have shown in funding part of my loan. I will plead that lenders will do me the favor and fully fund the loan so that I will be able to make an impact in my business.

    Log in to reply • Share


Loading...

Loading...

Loading...