Loan to help boost my business of selling sneakers & shoes

Appiah

Berekum, Ghana

15% repaid

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Entrepreneur

Name

Appiah

Member since

June 2015

On-time repayments

174 installments  •  76%

About Me

My name is Appiah Joseph, people normally call me AJ. I am noted for my dark complexion.
I completed Secondary School in the year 1985 at Berekum Secondary School. My family could not afford to fund for continuation of my education so i found a way of taking care of myself through trading. I have two children, Asomah Appiah and Akua Appiah: Asomah wants to be a nurse in the future and Akua also wants to learn marketing. From my personal experience through life and the vicissitudes that comes with it, i have dedicated myself to work hard and serve my children so that they can climb more far than where i have reached.
Fufu with groundnut soup is my favourite dish. But i also like meat a lot.
I usually hangout with friends during my leisure time. We usually discuss what we can do to improve our lives. I like hanging out with them because they often give me courage to move on .

My Business

I am a dealer in the sales of second hand sneakers. We usually buy them in bulk from Kumasi, Ashanti Region and bring them back to sell at home. I have my many loyal customers due to my honesty and sales of quality and beautiful used shoes and sneakers. I also travel to neighbouring towns during certain days in the week; Wednesday and Friday. That has also helped my business a lot. The market is booming and the demand for such goods are very high. If i am given this loan i can easily sell them and repay it on time. I love this business because i have learn a lot

Loan Proposal

I need a loan of $561 to retail shoes and sneakers to sell. The sales of shoes and sneakers is the business i do every day. I retail and sell the shoes and sneakers in order to take care of my family. People from neighbouring towns and villages come for shoes and sneakers for their school children. At times schools also order them to help their students in case of athletic games, I am one of the sole suppliers among the many in my town. Customers look up to me for their needs; when it comes to shoes and sneakers. This loan will help me improve my business to contain the increasing need of footwears . The loan will give me more space to look after my family. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$578.00

Date disbursed

Nov 28, 2016

Repayment status

Late

Projected term

61 months

Other loans

Jun 2015:  $100

Dec 2015:  $285

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A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

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

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  • Appiah    Jan 12, 2017

    Sales have slowed down a bit so I would like to reduce my repayment amount to enable me continue with the repayments successfully. Thank you

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  • Appiah    Dec 2, 2016

    Thank you my dear lenders for giving me a loan of GHS 2149 to invest in my footwear business. I have already made an ordered from Kumasi; the town where I do my retail. My new goods will be with me by Monday. I am going to sell them to improve my livelihood and that of my family. Thank you all.

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  • Appiah    Nov 27, 2016

    I thank all my dear lenders for this loan. I am going to retail a bulk of the shoes and sneakers to help boost sales. I believe this will help me earn enough to look after my children and family. Thank you

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  • Appiah    Nov 22, 2016

    I want to take this opportunity to thank my dear lenders for funding my second loan. It has really help me to get myself and family moving in life. My children are all doing well in school. Thank you

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  • Appiah    Nov 16, 2016

    I am really doing well in business, thanks to you my dear lenders but I made a mistake arranging my repayment schedule and needed to reschedule it again. Thank you

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  • Appiah    Nov 6, 2016

    Business have lifted and things are going well and I think i can repay more. Thank you

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  • Appiah    Aug 28, 2016

    Business has slowed down due to the rains, I would like to change the installment amount for this week.

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  • Appiah    May 7, 2016

    I would like to reduce my installment for this week. Due to the rains, sales have gone down a bit.

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  • George    May 2, 2016

    Asante Maxwell one of your mentors are having problem with his email on the site that it cant open anymore, he the change it and it too he dont get any message to go Zidisha so he needs your help

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  • A

    andyfletcher    Feb 26, 2016

    Hello Jospeh,
    Do you have any news of Abednago Oppong , a borrower you are mentoring? He has not made any payments on his loan.

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  • Antwi    Jan 22, 2016

    Please am Antwi Enock your mentor My loan has not been disbursed to me .pending disbursement for 5day if u can talk to them for me please

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  • Appiah    Jan 2, 2016

    I hereby give a big thanks to my lenders for giving me a loan of GHS 1059 to invest in my business. I am going to make sure that I put it to good use and gain much profit from it. Thank you once again for supporting me.

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  • Appiah    Dec 27, 2015

    Merry Christmas and a big thanks to my dear lenders for this loan. I am going to buy more shoes and sneakers to uplift my business this year and the new year. It will really help me to raise my standard of living and serve the community as well. Thank you a lot.

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  • Appiah    Dec 26, 2015

    My dear lenders, I am only left with five days . Can you please help me. Thank you

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  • Frank    Dec 22, 2015

    My dear lenders, Appiah did a great job with his first loan . He needs your support this time also for this festive season. I believe you would support him in business to realise his big dreams. Thank you

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  • Appiah    Dec 20, 2015

    As you can see my lenders, business is going on smoothly. Thanks for your help.

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  • Appiah    Dec 18, 2015

    I really thank my dear lenders for helping me with my first loan. There were many ups and downs in business but I am thankful that I was able to make headway. I was able to make a profit and still investing a lot in my business. Sorry I was not able to upload pictures; I will do so as soon as possible. Thank you all once again.

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  • Appiah    Dec 7, 2015

    This is what I can pay for this week

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  • Appiah    Nov 29, 2015

    I will raise the repayment amount hopefully next week

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  • Appiah    Nov 21, 2015

    There has been a little improvement; i think i can pay more than the amount due.

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