Monetary support to expand my restaurant business
Gollo
Kumasi, Ghana
100% repaid
Entrepreneur
Name
Gollo
Member since
April 2015
On-time repayments
28 installments • 64%
About Me
I am Gollo Paul. I am 35 years of age and a Ghanaian.I was born in Kumasi in the Ashanti Region on the 2nd of November 1979 at Ash town. I am the
second child of a family of seven and attended junior high school at
Kpando in the Volter Region.
I live in Kumasi, Atonsu at house number Plot 18 Block B. I am into a restaurant business, where I sell both Alcoholic and non-Alcoholic drinks, different kinds of foods and meats, etc. I started this business because after completing my junior high school, my parents could not afford my fees for me enter senior high school. I decided to enter into selling of second hand clothing's to make
a living and to as well support my family. I raised money and decided to enhance the business by importing jewelries and clothing's from Togo. Later, business was not moving on as I planned, so I bought this small restaurant from a then Ghana Guinness Manager. That's the business I'm still managing. My parents are still alive.
My Business
I am into a restaurant business. I started the
business after i couldn't continue my education and a fruitless search of jobs. i started the business with
an amount of money i had from my previous businesses. The business is now progressing because i sell different kinds of stuffs there, example i sell recharge cards, shoes and sandals, i have snooker board and games for kids too. But I need more capital or money-try support to purchase a generator to power my refrigerators to help solve the power crisis that is killing our business in Ghana and to attract customers to help enlarge my business. The money gained from the proceeds of this business will be used to pay the loan. A friend introduced Zidisha to me because, it has helped him a lot and I'm very grateful to him for showing me the light. I'm really convinced with the support from Zidisha, I'll be able to achieve my goals.
Loan Proposal
The business is now progressing because i sell different kinds of stuffs there, example i sell recharge cards, shoes and sandals, i have snooker board and games for kids too. But I need more capital or money-try support to purchase a generator to power my refrigerators to help solve the power crisis that is killing our business in Ghana and to help attract customers to help enlarge my business. For the start, I'll buy a generator then later when business progress as planned, I'll buy a DSTV decoder to show live matches for people to pay and watch. The money gained from the proceeds of this business will be used to pay the loan. I'm really convinced with the support from Zidisha, I'll be able to achieve my goals.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 1, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
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