Reselling footwear to help pay tuition fees

Martin Korsah

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Martin Korsah

Member since

March 2017

On-time repayments

134 installments  •  23%

About Me

My name is Martin Korsah. I live in a village with my parents and i am the first of my parent's seven children. I went to S.d.a primary and jhs. I was a brilliant student and passed all my exams but because of lack of money on the part of my parents, i sat in the house for years before entering senior high school. A good samaritan paid for my admission fees. I started looking for part - time job to get my needs catered for and this made me to nurse the ambition of being an entrepreneur. I immediately got into selling footwears to my colleagues to raise money for my basic needs and personal expenses. I am very hardworking and an intelligent student entrepreneur who engages in the sales of slippers and footwears to colleague students and all other peoples within my catchment area. I provide these services at very cool and cheap/ affordable prices to my customers to raise revenue to offset the cost of my education.

My Business

I started the business with my small savings because i realised i could be a drop out from school if i do not start something on my own to cater for my expenses because my parents were not forthcoming with the needed financial support. I sell slippers/footwears to colleagues, course-mates and others who are in need of the products and my services. I provide these goods at cool and cheaper prices to my course-mates and because the prices are moderate all manner of people patronise them irrespective of their financial strength.Real entrepreneurs believe in self confidence and the this yields success.

Loan Proposal

This loan when given will help me to acquire more footwears and this will help me to get more money to invest in the business and also to repay the loan on time. The benefit this loan will bring me is enormous since my business survival depends on Zidisha loans. I need about 180 dollars to get my business expanded.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$193.30

Date disbursed

May 30, 2017

Repayment status

On Time

Projected term

21 months

Cost to entrepreneur

Service fee: $5.06

Martin opted to pay $95.72 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

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V

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PG

Paul Graham

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Stephan W

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Craig Newmark

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The Zinc Team

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Humble Bundle Community

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KJ

Kevin J Baird

Cleveland, OH, United States

Paul Buchheit

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