Purchase of inventory for my provisions shop

Nafisatu Akinola

City, Ghana

35% repaid

Entrepreneur

Name

Nafisatu Akinola

Location

City, Ghana

On-time repayments

102 weekly installments  •  89%

About Me

I am Nafisatu Akinola.I manage a retail shop in Accra.I hold a certificate in Accounting(ACCA).I would be very happy if I could get investors who will invest in my business and also to expand it.With the expansion,I will employ two more people to help me manage it,that's one in the morning and the other in the evening,so as to increase my profits and also be able to pay back the money to my investors.I hope I have been able to give you enough reason to invest in my business.Thank You.

My Business

My line of business is in retailing of provisions.Most of the items I retail are mostly provisions which are everyday consumables.Some of the things I retail are milk,sugar,Milo,biscuits,soaps,detergents,disinfectants,children's food(cerelac,yumvita etc)tooth brush,tooth paste etc.I started with funds I raised working as an account officer with Laak Consult Limited(I.T firm)With the expansion,I will also employ an account officer to keep records of the goods so that I will be able to pay the investors on time.Thank You.

Loan Proposal

I want to use this opportunity to thank my lenders for all the support they have given me since i joined Zidisha.The support from the lenders is very massive and i cant thank them enough.The loan given to me will be used to purchased inventories for my shop as i usually do since i joined. The purchased of the inventories for my shop will create more business opportunities for myself and my community as a whole.As a business owner,i always want to create opportunity for my community and myself. With the purchase of inventories for my shop,i expect my profit to increase by 10% or better still make more sales in the coming days.I want to thank you for all the opportunity and support you have given me and i really appreciate it. Thank You.

Income Source

Since the covid-19 pandemic,most businesses have closed or stopped operations,but with my business,i have tried more innovative ways to keep my business going. I have introduced more tailored and friendly services for the people in my community that is why my business is still a going concern. Most of my inventories are things which my immediate community need,so there was always something to be sold.I want to say i am very glad that my business take a new dimension in solving the problem of the community and hopefully to repay my loan on time. Thank You.

Feedback

2

None

None

  • David    Sep 16, 2020

    Loan was originally scheduled to four weeks. Some issues were explained on the discussion page and regular payments completed the loan in 10 weeks. Good luck with your business.

    Log in to reply • Share
  • Svenip    Jan 12, 2019

    Fully repaid on time, well done!

    Log in to reply • Share


Loading...

Lenders

Babbitt Family Foundation

Sioux Falls, SD,  United States

JimVandegriff

Trinidad, California,  United States

Paul Buchheit

Mountain View,  United States

Cloudways

Malta,  Malta

MarktheMormon

Sandy, Utah,  United States

M

MaggieK

United States

MH

Martin Hammick

United Kingdom

A

Amani

United Arab Emirates

Show all

Loan Info

Disbursed amount

$237.60

Date disbursed

Apr 23, 2021

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: 5% of $237.60 = $11.84

Credit risk payment: $37.99

Optional expediting fee: $47.53

Ask Nafisatu a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...