Loan to expand my multipurpose business: provisions and other items

Fidel

Kumasi, Ghana

69% repaid

Entrepreneur

Name

Fidel

Member since

October 2016

On-time repayments

77 installments  •  95%

About Me

My name is Fidel Kessie. I am 24 years old. I come from Volta Region. I was born the second of September, 1992 in the village called Denu. My mother’s name is Innocent Kushiator and father Kessie Patrick. My mother is a trader and father also a mechanic. Life was very rough for my parents so I couldn’t stay with them for long.I began my elementary education at Ampabame Roman Catholic School. I had my Junior high at Nsawam M/A School in 2010.I had my senior high education in Volta from Jown school in 2013. Because of financial problem I could not continue to tertiary. I came back from Volta to Kumasi where I stood with my Elder brother. I came to serve him and later made me the store keeper of his provision store. In the later part of 2014 my brother’s provision store burnt up. It became very tough for him but however he decided to revive the business. He revived it but because of that incident made him not to have interest to continue. He sold the store out. I worked for a while and made a container store and trade in some stuffs(provision). I begun with small capital and I met Zidisha later. Its going on well

My Business

I render sales of provisions such as sardines, Mackerel, Milk, Biscuits bread, Fruit and energy drinks, sachet water etc. It is a multipurpose business, I also sell pampers, T. Rolls, detergents, soaps, underwear’s (Singletrees, boxer shorts etc), MTN network credit transfers and cards, Vodafone, Tigo, Glo network credit cards. Food has become a necessity for survival to humans and besides you can’t live without it. Sometimes at afternoon and evening hours you can’t get food from the locality, one may come to get a drink and some biscuits or pie. I chose this business because these stuffs do not spoil easily; you can keep them for a while and sell before they expire. Sometimes too at the afternoon hours because of the intensity of the sun, one may need a cool drink to quench the body temperature.
My typical cost is transportation, maintenance of the container, electricity bills and the food stuffs. My revenue comes when the items are sold at the bought price. Also the variety of services such as the Network credits yields profit. I will invest 68%, . 20% as savings. The remaining 12% for home and self use. Thank you.

Loan Proposal

Loan Proposal

I wish to apply for loan in your outfit. I need this money to invest and expand my retail provision store. Even though it is a provision shop basically but I want get much more profit so I decided to add also the sales of others such as kids and adult pampers, Toilet Roll soaps, boys/girls singletrees, boxer shorts, pants, T-shirts and others. I have added network communication credit transfers and cards, Human need food to survive. Such foods are already made and directly eaten when bought, it does not require cooking. Afternoon hours when the sun is heavy and temperature is hot, people comes for soft cold drinks to give them relief. Food is scarce in the locality so my shop avails foods for them to access especially at the evening. It obvious that most spinsters and bachelors are lazy to cook so I made available of this business to meet their requirement in terms of food. This business type is good for me and do not spoil easily, it can be kept for re-sale before expiry date catches them.
I will buy things sardines, Mackerel, Milk, Biscuits bread, Fruit and energy drinks,soaps. I will also add credit cards such MTN,Vodafone and Airtel/Tigo credit cards.
Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Aug 14, 2018

Repayment status

Late

Projected term

6 weeks

Lenders

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  • Fidel    Aug 14, 2018

    Thanks so much. I will use it to buy provisions to fill my shop

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  • Fidel    Aug 11, 2018

    The just paid loan helped. It helped me to buy food stuffs in large quantity and sell for profit. Thank you my Lenders and Zidisha.

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  • Fidel    Aug 6, 2018

    I am really happy for this life changing opportunity given to me by Zidisha. I have totally improve, thank you

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  • Fidel    Jul 30, 2018

    Thank you Zidisha

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  • Fidel    Jul 23, 2018

    I have been able to meet the needs of my customers because of you, Zidisha thank you

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  • Fidel    Jul 17, 2018

    Thank you, through the loan I have been able to expand my business a little bit and living to my consumers demand. You are indeed changing life. I love Zidisha.

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  • Fidel    Jul 16, 2018

    Business is so so good. All my life now is your making, Zidisha. Thank you Lender's and the Team.

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  • Fidel    Jul 2, 2018

    Thank you so much. I will buy soaps, sardines, tin of milks and some network credit cards. I am so so glad. I love Zidisha and my cherished Lenders.

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  • Fidel    Jun 27, 2018

    The loan helped me a lot. It increased my capital and my profits too was great.I used it to buy underwear's and provision stuffs. I really need your support this time also, please help me.
    Thank you very much, I love you all

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  • Richmond    Jun 17, 2018

    Dear Lenders I have contacted Fidel. He said his phone together with his sim card was stolen when he went to his hometown. He will come to Kumasi this week so he will go and replace the Sim card. He will begin payments to cover up as soon as it's done.

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  • Fidel    May 30, 2018

    Hi i do purchase the loan with some item such as malt, voltic, kalyppo,bag of rice, sugar etc, it brings a lot of profit to me it has increase with 40% as profit, I have use it to buy another items in addition to my items, I thank you a lot zidisha

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  • Fidel    May 6, 2018

    Hi I purchase the loan to buy some items, it has brought a some profit to me, it has increase to 40% and u have use it add more item to it so that my items can be sufficient to my customers so that I can benefit more profit, am happy for the loan that you have been giving me, thank you.

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  • Fidel    Mar 19, 2018

    Hi, I do purchase my loan with some items such as Milo, ideal milk, Don simon, fru telli, Malta Guinness, soap, pepsodents, indomie, etc, it makes me gain some profit that I am going to use it open another business, my business has increased, am about to invest in another business such as mobile money,

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  • Fidel    Mar 7, 2018

    Hi ZIDISHA I have receive the loan and it was three hundred and thirty nine Ghana CEDI's(GH339) I have use it to buy some staff like vita milk, fandango, Malta Guinness, soap, coil, spray, pepsodent,etc, thank you ZIDISHA for the loan, may God bless you

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  • Fidel    Mar 1, 2018

    Hi, I will use the money to buy insecticides spray such as Sasso, heaven,kilit, and some drinks like Malta Guinness, Don simon, fru telli, kalyppo,vita milk,etc, it will help me to gain interest and it will profitable the community as well, am grateful ZIDISHA may God bless you, thank you so much

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  • Fidel    Feb 16, 2018

    The just paid loan helped me. I bought soaps and sold them. I appreciate all your supports so so much. Thanks

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  • Fidel    Feb 5, 2018

    Please do something about this for me please

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  • Fidel    Feb 5, 2018

    Hi ZIDISHA please the money that you give me will not support my business and it,wasn't that amount I was expecting please can you do something about that, fifteen Ghana cedis (GH15) wasn't the money I am expecting, I was expecting seven handred Ghana CEDI's (GH700) please can you something about this for me? Please Zidisha

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    • J    Feb 6, 2018

      You opted to enlarge your credit limit by putting a big part of this loan into the Member Loan Fund. More info about this can be found in the FAQ. (www.zidisha.org/faq#faq-65)

      If this was a mistake then please read the remaining borrowers FAQ and ask a refund. You need to send a support ticket using the help menu (www.zidisha.org/borrower/help).

      Ps. This is a place to communicate with lenders if you want support then always create a support ticket.

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  • Fidel    Jan 21, 2018

    Business is progressing and been very very impressive. My just repaid loan helped me so much. Thank you my Lovely Lenders and the Team. God bless you all.

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  • Fidel    Sep 11, 2017

    Hi i received three hundred and thridty five ghana(335)cedis, i use it to buy a lot of product, such as vita milk, fun dango, biscuits, omo, mackerel, tomatoes tin, and am thanking you for the loan may God bless you

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