Loan to raise and improve my shoe and slippers shop

Fosu

Kwadaso Estate, (kumasi - Ashanti Region), Ghana

2% repaid

Entrepreneur

Name

Fosu

Member since

July 2016

On-time repayments

77 installments  •  87%

About Me

Fosu Paul is my name. I am 40 years of age. I stay with my father's in-law at childhood . I stay with him until I completed my senior high school. I was a student at Mfantepim senior high school and I was able to complete that school. The school is located at Central region part of Ghana. From there I further my education at University of Education at Winneba that is also located at that same central region where I do the program of Business management. So I get my business skills from that school. After completing, I move to Berekum senior high school and teach business students there, while i am teaching, I have use my salary to open a business of shoes to support my life and my nuclear family mostly my children education. Making research about business and reading is my hobby.

My Business

Fosu Paul is my name. I provide children shoes, I provide children slippers, I provide women shoes, I provide women slippers, I provide boys shoes, I provide boys slippers, I provide girls and women sandals, I provide students school bags. This goods I provide is important to every human being because without shoes, slippers, sandals and other footwear, you cannot go to any occasions and even without shoes or slippers, students cannot go to school so seriously, it cause very important role in human being life and it cause demand for every human being. Indeed I get good and encouraging profit which I appreciate it and I hope as time goes on, my business will become one if the best business in my city. For my profit, I use my Profit to grow my business for it enlargement.

I am able to create another container because of how my business is improving. I have employed another person to help me so that everything will be OK through my selling. Indeed I really thank you for your support because without you, my business wouldn't have improve. God bless you all for the support. Thank you.

Loan Proposal

I will use this loan to buy boys and girls shoes, I will buy both men and women Sandal's, I will buy women Slipper's, I will buy any other shoe's that is now new in the system and what customers are asking for. Because I am able to get another shoes container, all this purchase will cause almost GHS 1600 and when it get to more than that, I will add my save profit to it. Indeed this will help me to extend my shop again. Because of Zidisha, I am able to get another shoe container. Customers will rush to my shop and purchase more when they See's that I have purchase new shoes and it will help my capital and my profit to increase more. I will expect good profit. I thank you for making my dream coming true bit by bit and i hope through your help and your support, everything will be ok. I thank you for your support. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$353.00

Date disbursed

Oct 17, 2017

Repayment status

Late

Projected term

175 months

Lenders

PG

Paul Graham

United States

NH

Nancy Hull

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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