Loan to expand my cosmetic shop

Akua

Gambia No.1, Ghana

100% repaid

Entrepreneur

Name

Akua

Member since

August 2016

On-time repayments

46 installments  •  72%

About Me

I am the second born in a family of three children and a mother of one child, my childhood life was very difficult due to extreme poverty.We could sometimes go without food for two days. I went to umina primary school which was 5km from home and had to trek each day to and from,I then joined mbaga girls for my secondary but I had drop out at my second year due to lack of school fees.
After dropping out of school ,I went to live with my aunt who is a tailor and she trained me to be a tailor and designer. Being a quick learner I mustered the skills very fast. However starting my own business was an uphill task due to lack of capital and I had to work for my aunt for two years as I save $300 that i used to open up my own business. I have since managed to open up my business and the business is doing well though it needs expansion.
my hobbies include listening to music,dancing,singing and watching movies.



I am a cosmetic dealer and cloth designer by provision. I provide cloth making services to my esteemed clients who include students . Clothing's are important in the society for no one wishes to walk naked.
I choose these business because i loved it and it has good profits.
my monthly typical costs are $150 per month and my revenues are $350 per month.
I use the proceeds from the business to save for expansion,take care of my basic needs and support my siblings education .

Hello lenders, I recently got a business to supply church uniforms for my local church and I am requesting for a loan to buy material in bulk so that I can enjoy economies of scale. Buying in bulk will reduce my transport costs and I would also get discount.I expect to double my profits after these investment.please help me and thank you in advance.

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My Business

Iam a cosmetic dealer who sells variety of cosmetic products.I engaged myself in this business because i had it after completing difficult to further my education in the year 2005.my monthly earnings is about $200. I have had a lot of experience in dealing with cosmetics in which I manage to feed my two little children.

Loan Proposal

Hello my lenders I will be very happy that you grant to me this loan and I will duely use it as stated in earlier.this loan will help me to expand my cosmetic shop. Thank you dear lenders of the zidisha team.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Sep 13, 2016

Repayment status

On Time

Projected term

8 weeks

Other loans

Lenders

MarktheMormon

Sandy, Utah, United States

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