Loan to stock my shop

Terry

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Terry

Member since

February 2021

On-time repayments

31 installments  •  55%

About Me

My name is Terry Amponsah Frimpong. I come from a small town in the Kwabre East district of Ghana. I completed my basic education at ST. Joseph catholic school in my hometown. I had my secondary school at SIMSS college at Mamponteng. After school, I became a shop assistant at Rollex shoes and clothing center. Where I had knowledge in buying and sell. With this experience, I started a small grocery store from a shop I rented from a neighbor.

My Business

From a little savings I had, from being a shop assistant, I started a grocery store. My business since 2016 has seen some improvement. I lent good customer service so people feel happy when they buy from my shop especially the youth. As a means of helping the society, I give some of the goods on credit to people who are in need.

Loan Proposal

First of all I want to thank zidisha as well as my lenders for accepting and funding my loan. As a shop keeper, it is my dream to stock my shop with different kinds of goods. I will use the loan to baby diapers, white oats and mosquito coil and insecticide spray.

Income Source

There are different items in my shop. Most of which are food items. Food is a basic need. So if the demand for the other goods in my shop goes down, the sales from the food items can help me repay the loan.

My Videos

Mar 1, 2021: Loan to stock my shop

Feedback

2

None

None

  • Benvenuto    May 15, 2021

    Paid ahead of schedule, and was really engaging and appreciative. I would be more than happy to lend to Terry again in the future.

    Log in to reply • Share
  • Jessica    Mar 22, 2021

    Thanks for repaying your loan

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

Mar 2, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

Jessica

WA, Australia

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