Loan to buy more plates and bowls

Matilda

Kukuom, Ghana

27% repaid

Entrepreneur

Name

Matilda

Member since

November 2016

On-time repayments

147 installments  •  73%

About Me

I am a woman who believes in all honesty and hard work. I come from Kukuom. It is a farming community located in the southern part of Ghana, specifically in the Asunafo south District. I am a married woman with two children. All my children are attending school now. My husband is a police officer in Kukuom, the town where I live.

My Business

I am very grateful to God and to my kind-hearted husband whom through his effort has brought my business this very far. I started my business about one year six months ago when I graduated from school. I didn’t want to be a graduate unemployed. This, however, brought to me the fact that most people choose to rely on the government for jobs. My husband set up my business capital for me . Since then, my business is growing bit by bit each day.

Loan Proposal

One local business which in the last few years has been booming in my community is the selling of local plate and bowls. This business is very lucrative in my community because the patronage has been great. I used my maiden loan to establish it and, in fact, it has really helped me a lot. My profit margin has increased. I will use my loan to expand my business by buying the plates and the bowls in large quantities to add to the existing stock. With that, I am very hopeful that more profit will be made to look after my family. Moreover, I will use part of my profit to pay back for the weekly installment of my loan.

Show original English  

About Me

I am a woman trained under the umbrella of honesty and hard work. I hail from Kukuom in the Assunafo South district.It is a predominant farming community located in the southern part of Ghana specifically in the Asunafo south District.I am a married with two kids. Fortunately, all of them are schooling. My husband is a Police officer in kukuom, a town where I live.

My Business

I started my business about one year six months ago when I graduated from school. I didn’t want to be a graduate unemployed. This however brought to the fact that most people choose to rely on the government for jobs. My husband provided me with the initial capital.I initially started buy displaying the few plates and bowls on a table constructed by a local carpenter. This continued for a while before i bought a small container store( kiosk). After selling for some couple of months, i observed that it was a good venture to persue . With assistantfrom zidisha, i will include more items such as selling of electrical gadgets to make more profit.

Loan Proposal

Selling plates and bowls has been booming in my community . this business is very attractive ta where i live because the patronage has been great. I used my maiden loan to established it and infact, and since then my life has been better.I am able to sell more item during ordinary and market days.The loan will enable me by buying the plates and the bowls in large quantities to add to the existing stock. i will also aportion part of the loan to purchase electrical gadgets like fun, flouresent bulb and chargers. I am very optimistic at the end of every week. Moreover,my loan will be repaid back through weekly installment.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$282.00

Date disbursed

Apr 4, 2017

Repayment status

Late

Projected term

54 months

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