Purchase inventory of shoes for clothing retail business

Nketia

Techiman, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Nketia

Member since

July 2015

On-time repayments

166 installments • 90%

About Me

am nketia stephen i did not live to see my mum she died when i was about 3months old.so i was given to my fathers mum who is my grandmother to stay with her.she took care for me till 2006 .let me remind you that i am 89 born.my grandmum also died in this same year .it was my father who took care for me till i completed my senior high school in the year 2012.he died before the released of my senior high result .l was left alone to make my own life . a wholesale cuttlass seller took me to work with him from 2012 till 2013, when he saw that i was a good guy he started giving me some of the cuttlass and some farming tools on credit to sell them on my own on a table.i started this at 2013 and by God's grace i am still making it in life with this opportunity.i thereby apply for this loan because it will help me acheive my aim of getting a good marriage and serving God almighty in truth.i live in techiman a town which is populary known by it larger and effective marketing.please am not married but single.

My Business

Am a shoe seller.Please ;as we all know shoe is one of the most essential goods in our human life.This is because one can not live without wearing a shoe especially our students. This work as I started initially generated 20 to 30 Ghana CEDI's as my profit. When my first loan was given to me.And frankly speaking this profit that I raised by the help of Zidisha loan helped me from 30 to40 Ghana CEDI's a week.Also this loan helped me from taking goods on credit.I also used the income I accumulate in this business to take good care of my younger siblings my late father left behind. Also my first loan helped me increased my number of pairs of shoes from 300 pairs of shoes to 350pairs of shoes.
THANK YOU.

Loan Proposal

Please l would like to use this loan to buy shoes for sells when given to me .the cost price of the is $4 dollars. This loan when given to me Will help me increase my product and when my production increase my profit margin will automatically also increase. I am praying that my profit margin will increase by at least 50%.thanks to all the Zidisha team and leader.