Provisions shop

Samuel

Kasoa, Ghana

16% repaid

Entrepreneur

Name

Samuel

Member since

November 2018

On-time repayments

7 installments  •  43%

About Me

Am the fourth born of my lovely mum. Very interesting to know that am the only person to complete senior high school. My secondary education was a tough one indeed but I made it. I was the school prefect in the high school.
Taught in three different schools after school because teaching was sth I loved to do.

I went into acting movies but still times were had. As an energetic and enthusiastic I diverted to small scale mining and later sound engineering as a hobby.

Being my own boss has always remained in the heart. Working for selfish people taught me lesson. Setting up my own business is my number one priority backed by Jim Rohn's "Four Questions To Ponder"
Currently in Kasoa an interesting and busy city in the central part of Ghana.
Listens to music and watching movies but reading motivational and inspirational messages is something I can never stop.

My Business

At first I didn't know what to do. I had a lot of things in mind but got the idea of setting up something small that will generate income.
As an entrepreneur I started a provision shop.
Today my small shop is growing gradually. Items such as milo, milk, tin tomato, pure water, soap, sugar and salt, pens, pencil, noodles, drinks such as non alcoholic beverages like coke, fanta, energy drinks etc are sold.
These are of high demand in my locality.
I wish to buy items in wholesale prices in the future to increase the quantity of items in the shop.
This type of business generate daily income. I was able to buy drinks with the previous loan.
Provision shop is one of the business a lot people engage in. Such business in the area prevents neighbors from going to far places to make purchase of goods.

Loan Proposal

As a business man, I will use the loan to purchase 50kg rice into my shop if granted.
The demand for rice in my locality is high. People do go to the main market place to buy this item.
Buying 50kg means 5kg*10. And that means 500ghc will be needed to buy the rice.
Customers also prefer some particular brand of rice like Gino, Lele, and Doir rice.
Many customers sometimes request for Gino Rice. I know the loan will be useful in purchasing that.
Zidisha lenders has always been supportive in my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$118.00

Date disbursed

Feb 16, 2019

Repayment status

Late

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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