Loan to expand cosmetic business

Sylvester

Madina Accra, Ghana

100% repaid

Entrepreneur

Name

Sylvester

Member since

February 2015

On-time repayments

102 installments  •  44%

About Me

My name is Sylvester Amoah. I come from Santasi near kumasi in the Ashanti
Region. I stay at Madina near the La-Nkwantanang school in Accra. I am married to
Sarah Amoah with three lovely daughters.
I was a teacher for over ten years. I taught in Elim Basic school in Madina and Nadat memorial wschool in Adenta. Presently i am working as a pastor (Associate pastor) with God's Tabernacle of Praise, a church in Madina, Accra. I am the missions director.

My Business

To support the ministerial (pastoral) work and be able to cater well for my family, i am engaged in business. I have a shop or small container in the madina market where i sell cosmetics, various types of creams and perfumes.
I have employed someone to manage the shop for me but i constantly and strictly monitor and oversee the financial progress of the shop. I will need $1,500 to 2,000 to invest into the business.

Loan Proposal

The previous loans were judiciously used to improve my cosmetic business. I managed to purchase more cosmetic products with the loan to fill up my shop. I made quite considerable and substantial profit on the last loan granted to me. I am humbly applying for a new loan to enable me continue to buy more cosmetic products that is perfumes and creams to stock up my shop. With Christmas drawing near and the year drawing to a close ,business will be brisk and sales will increase tremendously. I hope this loan application will meet your kind consideration. Thank you very much zidisha lenders for this good opportunity.
Best regards,
Sylvester Amoah.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$472.00

Date disbursed

Oct 12, 2015

Repayment status

On Time

Projected term

4 months

Lenders

C

cjmenchaca

Austin, United States

Paul Buchheit

Mountain View, United States

S

Stephan

Netherlands

MW

Matt Willis

United States

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