My shoe business

Mary

Kwadaso, Ghana

100% repaid

Entrepreneur

Name

Mary

Member since

August 2016

On-time repayments

185 installments  •  43%

About Me

my name is Boakyewaa Mary growing up i saw teaching is a very noble profession and a profession that brings you closer to the future leaders. This motivational factor motivated me to take my education serious despite the neglect from parents to take me to high school and the training college, i didn't give up i therefore started as a pupil teacher( unprofessional teacher) whiles teaching i was schooling as well and by the grace of almighty i hold degree in education now a professional teacher. having taught for over thirty years i have no option but to retire from active teaching , still not wanting to loose the touch of meeting people everyday i decided to enter into a petty trade carrying my merchandise to my customers. most people within my community finds it difficult going to town to buy stuffs they need this is all because of their time schedule so i decided to bridge that gap by bringing it to their door step.

My Business

i trade in shoes, sandals, soaps and other things needed by my customers but don't get the time to go get them in town. my type of service is of a lot of importance to my community since the distance between the community and where they can get this goods is very far, and time is even preventing them to go get them even if they wish to they therefore prefer getting them from me hence making my business very important to the community. i choose this type of business because it gives me the opportunity to meet with people which is something i love to do, again it is a very lucrative business because i have less or no competitors , which means am always in business, and most importantly helping people makes me happy the main cost of my business now is getting the merchandise revenue too is from sales , but in the near future i will like to get a car or truck which i will use to distribute the goods and also a warehouse to keep my stock, because i dont have these facilities am unable to purchase more goods and again the smallness of my capital too is a constrain so most of the times i find it difficult meeting the demand of my market. any profit i get from my trade goes into my last son's education and my pension house thanks

Loan Proposal

Doing this kind of business has been a lot of fun for me because am doing what i love to do thus helping people and the most exciting thing about it this time is i get paid am facing a lot of challenges like inability to satisfy my customers demand this is all due to lack of larger capital to purchase a lot of stock . if this loan is granted to me it will go a long way of increasing my stock thereby helping me expand and gradually meet the demands of my customers. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$136.00

Date disbursed

Sep 6, 2016

Repayment status

On Time

Projected term

2 months

Lenders

The Zinc Team

San Francisco, United States

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