Loan to buy more clothes

Olivia

Sabronum, Ghana

100% repaid

Entrepreneur

Name

Olivia

Member since

April 2016

On-time repayments

100 installments  •  55%

About Me

As a young woman, I know that remaining redundant is a vice so right at an early age when i saw that i could not make it through school, i took to trading very fast. The hustle to commence this small second hand clothes business was difficult. i worked more diligently and determining to possess a large boutique in the years to come and i believe that i am in the right sense by joining this noble organization like zidisha

My Business

I am into selling of second hand clothes in my town and surroundings towns and villages on days of market to go and do business there too. When i started this business, the capital to start was not huge as compared to starting today so at that time i used the little cash i
All my profits are divided into three, savings, i live on part.

Loan Proposal

The loan will help me to go for goods from the capital city of Ghana called Accra where i will be able to purchase five large bales of second hand clothes imported into the country. Each bale now cost $47 hence this multiplied by five will leave me with some $15 excess which will cover the cost of transportation for both in and out.
This aid will help me start working towards my boutique dream since access to capital is possible on this platform and i will have to keep my schedules of payments so as to be helped the more to my community, they will have access to variety of clothes at reduced and affordable prices.
When i receive this help, my profit margin will increase greatly and am already happy about the future.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 5, 2016

Repayment status

Late

Projected term

3 months

Lenders

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  • Olivia    Nov 18, 2017

    I have used the money to buy more second hand clothes in my shop to increase my profit and expand and grow my business

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  • Olivia    Nov 3, 2017

    I am very grateful for funding my loan this loan will be used to buy children second hand clothes. May God continue to bless you all lenders, in fact I appreciate your support.

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  • Ruth FT    Oct 31, 2017

    Good luck!

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  • Olivia    Oct 17, 2017

    I m much very grateful to my lenders for their support

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  • Olivia    Apr 16, 2017

    Business is not favorable to me

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  • Olivia    Feb 28, 2017

    We have a saying that twice bitten twice shy I have been collecting loans for my business but before God and man zidisha loan can't be compared with any loans in fact you are really helping people including me and my family members zidisha is second to none when it's comes to loan given. I will like to take this opportunity to express my profond appreciation for help me this way.

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  • Olivia    Aug 20, 2016

    I will use this money to purchase different types of new second hand clothes. This loan will help me to increase my profit. I am very grateful to all my lenders who funded my loan may God bless you all for funding this loan for me.

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  • Olivia    Aug 13, 2016

    I will like to thank all my lenders and zidisha team for funding my first loan may God bless you all. This loan has helped me to expand my business and I am very grateful to you all.

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  • Olivia    Jul 11, 2016

    Business is moving on well and I have made a lot of profit

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  • Olivia    Jun 27, 2016

    Business is going on well with me I have been able to buy more clothes. And my profit is increasing little by little. Thanks to zidisha team and all my lenders for help us to achieve what we need.

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  • Olivia    May 23, 2016

    business is moving on well

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