Loan to support my business

Prince

Seikwa, Ghana

100% repaid

Entrepreneur

Name

Prince

Member since

September 2016

On-time repayments

80 installments  •  39%

About Me

prince yeboah is my name, i come from seikwa in the brong ahafo region of ghana. i attended Methodist primary school up to the junior high.
i could not continue school again because financial problems my parents were facing at that time. therefore i found myself in washing other peoples cloths for money, fetching water for others in other to be paid until i was able to get some little capital to start this provision store.
to get additional capital to expand my business, a friend introduce me to zidisha as my only source of easy loan finder to expand my business.

My Business

i intend to engage in this provisional selling store to make every house hold that buy in small quantities get what they may needed easily than buying in bulk from a whole sellers which require a big amount of money.
selling in small quantities attract more customers both rich and the poor to get what they need easily to help get more profit to get more stocks into the store to keep the store growing.
profit gain from the store is use to re invest into the store by way of purchasing additional goods for resale.

Loan Proposal

I thank my lenders for my this loan.please I beg my lenders for another loan to add more goods to my shop.I use $10 to 1 bag rice and $10 to 1 box of sunlight. These will help me to meet the needs of my customers.it will help me to increase my profit margin from 20% to 30% a week.i will my best to pay the loan on time.thanks to my lenders.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Sep 16, 2016

Repayment status

On Time

Projected term

17 months

Other loans

Lenders

Craig Newmark

United States

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