Loan to stock my grocery shop

Ernestina

Asawinso, Sefwi, Ghana

4% repaid

Entrepreneur

Name

Ernestina

Member since

June 2016

On-time repayments

153 installments  •  66%

About Me

I am called Ernestina Abiaw, a very famous Lady that comes from Sefwi Asawinso. Asawinso is a well known town dominated by cocoa farmers in the western part of Ghana. I was born on 26th March , 1980 by Mr and Mrs Abiaw both are devoted Christians. At my childhood days, I used to accompany my parents to the farm very often because , educating the girl child was not a priority. It was said then that , the role of the girl child was in the kitchen since she will definitely marry and be taking care of the children at home. This in fact, made me to enter into provisions business which I have never regretted since taken that venture. In the future, I would love to see my children attaining higher education especially, the females. I like watching films and playing gospel music whenever I am free .

My Business

Dear lenders, it is not easy to find and to be part of a family which is so trustworthy like zidisha. I always thank God for me to be accepted as a member of this wonderful and caring family. My lenders , my first and second loans were used to establish provision store which is still doing well and fetching me with some profit to crater for my family. But now, my dear lenders, I want to add farming to my bysiness by growing leguminous crops, specifically, growing of soya beans. Recently , Government of Ghana has come out with planting for food and job policy ,where specific crops like soya beans, bambara beans and maize have been selected for nationwide cultivation. At the end, Government will buy the produce from farmers and sell to institutions and the general public, thereby reducing incident of post harvest lost to farmers. I want to take advantage of this thereby cultivating soya beans on a large scale to make more profit to take care of my self and my siblings.

Loan Proposal

Thank you my lenders for your continuous financial assistance giving to me. I am very grateful to you all. The dry season has set in in Ghana so I cannot continue my soybeans farm. Therefore, when I get this loan my lenders, I will use to stock my grocery shop with different items to make more gains. I will use the loan to buy the following items:
Milo & milk=$150
iodated salt=$100
Imported rice=$150
Sardines=$100
Pampers=$100
Footwears &shoes=$200
Sugar=$100
Nido=$100
Transportation=$70
My lenders, at the end of the sales, I intend to use my profit to expand my business and also pay back my loan on time as I have done to my previous loans
Thank you.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,065.00

Date disbursed

Nov 4, 2017

Repayment status

Late

Projected term

39 months

Lenders

JimVandegriff

Trinidad, California, United States

xtrahardware

Cazenovia, United States

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Ernestina    Feb 2, 2019

    To pay regularly

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  • Ernestina    Jan 19, 2019

    I am very grateful to zidisha for their help.

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  • Ernestina    Jan 5, 2019

    Business is doing well

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  • Ernestina    Dec 22, 2018

    To pay regularly

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  • Ernestina    Oct 7, 2018

    I am in difficult times but promised to pay all my loan very soon

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  • Ernestina    Apr 29, 2018

    Business has gone down this week.

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  • Ernestina    Feb 16, 2018

    This is due to financial challenges but I am with great optimistic things will improve next week.

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  • Ernestina    Dec 25, 2017

    Business is going on smoothly.

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  • Ernestina    Dec 10, 2017

    God bless zidisha for their generous work they are doing. I will soon increase my weekly payments to meet time given.

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  • Ernestina    Nov 24, 2017

    Business is low this week.

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  • Ernestina    Nov 15, 2017

    To reinvest the amount into my business. Chrismass is fast approaching, so I have bought goods in bulk to enable me make more profit.

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  • Ernestina    Nov 13, 2017

    My great lenders, I will forever thank you for your help. My business is doing well, sales are encouraging. Thank you .

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  • Ernestina    Nov 5, 2017

    I have received the full disbursed amount today. It will be used to expand my grocery shop. I am grateful to all my lenders for the support and I also promised to pau back my loan on time. Thank you.

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  • Ernestina    Nov 3, 2017

    I will use the loan to buy the items stated in my loan proposal. This will lead to increase in my income levels to Carter for my family. Thank you my lenders.

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  • Ernestina    Oct 25, 2017

    I have harvested my soybeans and processing to sell to schools and the government. The profit will be used to reinvest in my business.

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  • Ernestina    Oct 17, 2017

    Business has picked up and therefore I want to increase my repayment amount.

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  • Ernestina    Oct 15, 2017

    I am happy to bring to your notice my lenders that, my businesses are growing as expected. I have harvested my soybeans and my provision shop is also yielding some profit. Thanks to all my lenders for their continuous assistance.

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  • Ernestina    Aug 5, 2017

    Hello lenders, may god bless you for your help you have been giving to me. Since you gave me this opportunity to join this family. I have invested the money in my business. Very soon , I will increase repayment to clear the outstanding balance. God richly bless you and Grant you long life.

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  • Ernestina    Jun 2, 2017

    I thank all my lenders for funding my loan fully. I have received the disbursed amount today. May God bless you.

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    • (Comment deleted by author)

  • Ernestina    Jun 1, 2017

    I thank all my lenders for funding my loan. I will use it on my soybeans farm.

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