Loan to increase my food retail stock

Augustina Fosuaa

Dormaa Ahenkro, Ghana

100% repaid

Entrepreneur

Name

Augustina Fosuaa

Member since

September 2015

On-time repayments

117 installments  •  62%

About Me

I am called Augustina fosuaa fromm ahenkro Ghana my hobbies are reading novels traveling cooking movies songs etc a trader for now, a well trained secretary/administrative assistant as well as a farmer. Also, teaching was my hobby although I didn't get the chance to teaching the classroom but was a Sunday School Teacher at my church. I took this post because of the lovere I havee for childrenn and again I was passionate about teaching. .I sell provisions and among the product I sell are beverage products such a Milo, coffee and others, and tin tomatoes, tooth paste, and many more. These products are sold on regular basis since they are highly demanded by my customers. Hopefully, this supportt will aidd me to expannd my smal busineses and get more profiits thereby changing my standard of living positively.

My Business

My business supplies the community in which I stay with the basic necessities. Due to the number of people moving to settle at there over the pastt yearrrs , there has been an increasse in the demandd of the goodds I sell on daily basis and for that matter most of the products get finished within a dayy. This make it more lucrativee and profitablee .

I sell a lot of provisions which include milk, tomato paste, milk powder, beverages l.I buy them on regular basis since my working cappital is not enouggh Overr the years, I usedd it to buyy half boxes of each of the products I havee listed so the normaly gett finishedd within a day of whch am to go to the market regularly thereby increasing my expenses.
will reinvest the profit into the business.

Loan Proposal

Should I be granted the loan, I will buy a box each of the products that I have listed which will help me increase my sales revenue per month thereby increasing my profit per month. Again,l am appealing to my lenders to fund my loan so that l can enlarge my business as well as to be able to meet the demand of my people in my community your contributions are welcome and thanks in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$185.00

Date disbursed

Dec 8, 2015

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $4.68

Augustina opted to pay $63.30 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Zidisha

Sterling, United States

B

blahblah

Nuernberg, Germany

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

Gab

Singapore

Roy

Espoo, Finland

PG

Paul Graham

United States

I

isaac

United Kingdom

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