Loan to buy deep freezer for my provision shop

Faustina

Zenu, Ghana

100% repaid

Entrepreneur

Name

Faustina

Member since

July 2014

On-time repayments

267 installments  •  67%

About Me

My name is Faustina Soti. I am married to Mr Frederick Teye. We have 5 children, all attending school. The eldest one is 18 years and the youngest is 9 years. My husband is a driver working for a Transport Company.
On weekends, we spend time together watching television or visiting friends. I like to listen to music and to cook. Our favorite food is Banku with Okro Stew. Banku is a local dish made from corn and cassava dough. We often prepare this specially on sunday after church services.secondly we do meet to discuss how to move business forward in our various areas like knowing the kind of products costumers want and what they dont

My Business

Due to a steady growth in sales, I would like to create new space to store more items in my shop. This is where I plan to apply my zidisha loan. It would need input materials like cement, sand, building materials and labour. I have estimated to be around 1500 ghana cedis. the source of income that will be use to repay my loan will come from my provision shop business.

Loan Proposal

Am very grateful to you lenders for all your help to me for the creation of space for my provision products.
secondly i want to thank my zidisha family for given me the opportunity to become an entrepreneur.
For my current loan, i will use it to buy deep freezer for the storage of ice cream ,mineral water, soft drinks and any other frozen food.

The price of the freezer is estimated to be 250dollars.
These business will help my family and i, also create jobs for unemployed youth to distribute the items during festivities and weekends.

An increment of 20percent will be made every week if am able to purchase the deep freezer for the business.

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$193.00

Date disbursed

Nov 25, 2015

Repayment status

On Time

Projected term

7 months

Lenders

investor

Candiac, Canada

mbunifu

San Jose, United States

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

B

blahblah

Nuernberg, Germany

D

Divergent

Bethesda, United States

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

E

E

Marin county, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

A

adamdreaming

United States

Gab

Singapore

Dave Bogard

New York, United States

jtreyes

United States

JD

Jeff DePree

United States

BB

Ben Bellows

United States

JC

juli camrud

United States

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

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  • Faustina    May 23, 2019

    I want to reduced my repayment due to slow movement of business

    Log in to reply • Share
  • Faustina    Feb 17, 2018

    Dear lender's,
    I want to reduce my repayment

    Thanks

    Log in to reply • Share
  • Evans    Jan 26, 2018

    Hello lender's,
    She promised to clear her areas this weekend.

    Thanks

    Log in to reply • Share
  • Faustina    Jan 25, 2018

    Hello lender's,
    I would like to reduce my repayment due.

    Thanks

    Log in to reply • Share
  • Faustina    Dec 7, 2017

    Hi lender's,
    My provision business has become a little bit slow In purchase,i therefore would like to reduce my repayment to restructure the phase of the business.

    Thank you

    Log in to reply • Share
  • Faustina    Oct 29, 2017

    Hi lender's,
    I have received a loan amount of ghc6098 that will used to purchase provision items on wholesale prices.

    Thank-you

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  • Faustina    Oct 26, 2017

    The loan will help me buy and sell provision products for wholesale prices.

    This will help the growth and expand my business to different level.

    Thanks so much to you wonderful lender's with good sense of humor towards the poor.
    I say may the good Lord bless you and families.

    Thank-you

    Log in to reply • Share
  • Faustina    Oct 18, 2017

    I will like to thank all lender's for your support given to me since joining zidisha

    Log in to reply • Share
  • Faustina    Sep 26, 2017

    dear lenders,
    i want to reduce my repayment due to low sales this days.

    thanks

    Log in to reply • Share
  • Faustina    Aug 24, 2017

    Dear lender's,
    Am pleased to inform you that business is doing and therefore am increasing my repayment.

    Thank you

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  • Faustina    Aug 20, 2017

    Hi lender's,
    Business is doing quite well and am happy to share some excited moments with you.
    I was able to make lots of profits from the deep freezer I bought with the previous loan you gave me.
    I was also able to support my husband with the payments of our children school fees.

    Thank to you lender's for such great opportunity.

    Thanks

    Log in to reply • Share
  • Faustina    Mar 14, 2017

    Hi lender's,
    Permit to reduce my repayment
    Thank you

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  • Faustina    Dec 31, 2016

    Hi lender's,
    I would like change my repayment to save some money for my children's school fees.

    Promise to increase my repayment as soon as things has change to it normal state.

    Thank you

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  • Faustina    Dec 23, 2016

    Hi lenders,
    I am very happy to update you on the recent progress of my business.
    My business has recently moved very well especially on 7th December when Ghanaians went to the polls to choose their president.
    This have the largest sales ever in the history of my business.

    Thank you

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  • Faustina    Nov 28, 2016

    Hi lender's,
    I want to increase my repayment in other to complete on time.
    Thank you

    Log in to reply • Share
  • Ceala    Nov 3, 2016

    please mentor my phone is spoiled and can only use my moderm in checking on my accounts I was so worried about you not reaching me and making that commwnt.

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  • Faustina    Jul 16, 2016

    This is the freezer

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  • Faustina    Jul 16, 2016

    Hi lenders,
    I want to thank you very much for your support and assistance.
    I was able to purchase the deeep freezer you gave me the loan for.
    Am very grateful to you and may bless you all.
    This freezer will change the face of my business and take it to a higher standard.

    Log in to reply • Share
  • Faustina    Jul 12, 2016

    Hi lenders i would like to inform you with much appreciation that, I have received my loan and it be used to purchase a deep freezer for storage of frozen food in my provision shop.

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  • Faustina    Jul 6, 2016

    I will used the loan to finish the final repayment for the deeep freezer I purchased.

    This will change the face of my provision business by adding frozen food like Ice Cream, cold drinks and ice water.
    It also help me generate more income to support my husband in payment of our children's school fees.
    I want to thank you lenders for putting a smile on my face finally.
    Am so grateful to for your support to me and my family.

    Thank you and God bless you all.

    Log in to reply • Share


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