Loan to expand my provision mini-store business

Godfred

Accra, Ghana

100% repaid

Entrepreneur

Name

Godfred

Member since

November 2016

On-time repayments

74 installments  •  72%

About Me

My name is Godfred Takyi. Am 23 years old boy and dark in complexion. I am 1.6 feet tall. I am single. I started my childhood education at the age of 3 years at Voice Of Deliverance school (Berekum). A young boy who was interested in Mathematics and Business started selling pens, exercise books and pencils at School at age of 8 years using my little pocket money. I started selling recharge cards after completing my Junior High School, even-though it was difficult combining school and little trade. My step-father who saw me as a little boy interested in marketing got me a kiosk. I sold soft drinks, biscuit etc (provisions) up till date. I live in a place where most of the people are very friendly and respect each others views and the environment is conducive for most businesses. I like reading a lot and playing games.

My Business

After years of hawking i was able to secure a kiosk from my step-father in my community to continue my business which i have operated for a year now. My dream is to operate a Super Market but as at now am running a provision store (kiosk) selling (soft drinks, bottle water and biscuit) in a small quantity. A lot of the customers always ask for other goods that i do not have although the business usually runs fast but the profit earned are used to purchase the same goods because it is in lesser amount. The loan will be used to purchase different types of goods and the other goods i do not have in a larger quantity. (upgrading)

Loan Proposal

The loan will be used to buy more goods in a larger quantity in order to expand the store. It will be used to buy soft drinks of about 2 dollars each, alcoholic drinking of about 4 dollars each, bottle water about 2 dollars and soaps, milk, biscuit of about 1.5 dollars. It will help me to earn more profit for expansion and also prevent customers from traveling far distance to get same goods

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Dec 9, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

BN

Brian Neilon

United States

Ask Godfred a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Adu    May 19, 2019

    Godfred said he is going through some financial constrains. I therefore advised him to adjust his payment and pay any little amount he is comfortable with which he was glad to do. I believe he will make payment very soon.

    Log in to reply • Share
  • Godfred    Apr 25, 2019

    Thank you my Lenders. I appreciate your willingness to support others.
    I will buy various types of soft drinks for my store

    Log in to reply • Share
  • Godfred    Apr 5, 2019

    I bought different kinds of soft drinks such as canned and bottled coke cola, fanta, sprite, malt, fanta lemon, bottled water, biscuit, blue jeans, etc.
    I was able to get enough drinks in a stock.
    Business was moving in a slow pace so my earnings increased to about 5.5%.
    I invested my earnings into the business.
    We are all happy about the business.

    Log in to reply • Share
  • Godfred    Apr 2, 2019

    I have received the money of 2,068 GHS (after deductions)
    Thank you my Lenders


    Sorry Zidisha org and my Lenders for the late update. It skipped me.

    Log in to reply • Share
  • Godfred    Mar 5, 2019

    I will buy 3 crate each of coke, fanta, sprite. 4 boxes of biscuit, 2 boxes of vodka, 3 boxes of bottled water etc.
    I will get enough products to serve my customers for a longer period.
    Thank you my lenders, I really appreciate your assistance.

    Log in to reply • Share
  • Godfred    Feb 20, 2019

    I was having some challenges with my network providers (mtn), so I couldn't use my Mtn mobile money to pay my loan due for over a year now.
    I had an interaction with one of the mentors and he said there have been some updates so I can use different network's mobile money to pay.
    I have paid my past loan due

    Log in to reply • Share
  • Godfred    Feb 12, 2019

    Thank you my Lenders for the support. I appreciate your effort and your understanding.

    Log in to reply • Share
  • Linda    Oct 3, 2018

    Though Godfred's phone is switched off, one of the numbers provided by him on his page is still active but the person keeps reigning insults and attacks one whenever I call to find out about him. It's very disappointing finding myself in such a situation. Thanks

    Log in to reply • Share
  • Timothy    Aug 17, 2018

    I have reached Godfred and he has promised to continue his payments as soon as possible.

    Log in to reply • Share
  • Godfred    Feb 28, 2018

    Market is going well but at a slow rate. So am reducing it in order to pay my installation amount on time.

    Log in to reply • Share
  • Linda    Jan 28, 2018

    I have tried severally to reach Godfred but to no avail though his number goes through, he doesn't answer. I tried to reach one of his references and thankfully I was able to reach the person(Timothy) that invited him and he promised to see to it that all outstanding payments would be made.

    Log in to reply • Share
    • Godfred    Feb 7, 2018

      I missed your call on two different times and you no you cannot call back on Zidisha contact. Business is now moving on so I have started settling my past due.
      Thanks for the message.

      Log in to reply • Share
  • Godfred    Jan 28, 2018

    There have been some ups and downs at market. My loan was disturbed to on 28th December 2017 at a time when customers were done with their Xmas shopping. Customers are not coming in to buy goods because they have spent all their money during de Xmas season. Sales are down this days but hoping to pay my loan at due times

    Log in to reply • Share
  • Godfred    Dec 30, 2017

    After the deduction I received an amount Gh¢1169.
    I bought 3 crates of soft drinks each (coke, fanta, sprite), 3 boxes of bottled water, alcoholic beverages, vodka and biscuits.
    Thank you all my Lenders for your support. God bless you all.

    Log in to reply • Share
  • Godfred    Dec 23, 2017

    Thank you all my Lenders, I appreciate your support.
    I will buy soft drinks (coke, fanta, sprite, cocktail), vodka, alcoholic beverages, bottled water, biscuits etc.
    My profit will increase and I will also gain new customers.

    Log in to reply • Share
  • Godfred    Dec 10, 2017

    I am much grateful to my lenders for your support and understanding. As we approach Christmas, some goods have become a necessity so I need this loan seriously. I pray that my lenders will fund me quickly in order to maintain by business and customers.
    Thank you all.

    Log in to reply • Share
  • Godfred    Dec 9, 2017

    Thank you my lenders, thank you Zidisha org. for the wonderful work you are doing.
    I bought a lot and wishing to buy more goods. I bought some crates of soft drinks ( coke, fanta, sprite, cocktails) vodkas, bottled waters, alcoholic beverages, biscuits.
    Business bounced back as we entered into December and I was surprise to see how market was flowing.
    My profit or earning has increased to 65% and it has been used to buy same goods even though am waiting to buy more because of the Christmas.
    My parents are always glad seeing my business growing more and more.
    My neighbours are trustfully, always encouraging me to buy other products and also to venture into different businesses.

    Log in to reply • Share
  • Godfred    Dec 5, 2017

    Business or market is now going well, customers are buying day-in and day-out because we are approaching Christmas. More customers are coming in to shop.

    Log in to reply • Share
  • Godfred    Oct 26, 2017

    Market or business has not been simple for me this days as I previously get, as different entrepreneurs are also intruding in my community. Competition is high this times.

    Log in to reply • Share
  • Linda    Oct 21, 2017

    Have spoken with God Fred on his unpaid installment that is past due. He has promised to reduce the installment amount so he can make regular payments.

    Log in to reply • Share
  • Godfred    Sep 27, 2017

    I have received an amount of 416GHS.
    I bought 4 crates of soft drink (coke,fanta,sprite), a box of biscuit, 3 boxes of bottled water, a box of vodka and some alcoholic beverages. I bought them straight from the warehouse.
    Thank you my lenders for such a wonderful support. I am grateful to you all and the Zidisha organization.

    Log in to reply • Share


Loading...

Loading...

Loading...