Purchasing of rice cooker and blender

Richard

Winneba,central Region, Ghana

100% repaid

Entrepreneur

Name

Richard

Member since

June 2015

On-time repayments

248 installments  •  27%

About Me

My name is Richard Aduonu . I am a boy of twenty five years old .I was born at Agona Abodom and grew up at Agona Swedru in the central region of Ghana. I started schooling at the age of three years . I completed my basic school at the age of sixteen years old .I further my education to the secondary school at Agona Nsaba Presbyterian secondary school .After secondary school I started selling pure water on the street for about three month and made a savings of about four hundred Ghana cedis(gh400) .I later switch to sell torch light, radio, iron etc. at Winneba central campus. I like this business because it has help me alot in my life .Moreover I settle at winneba because there are many schools there and the Aboakyir festival they use to celebrate which is so special . Finally I couldn't go to university because of hardship in my country. I will like to thank you very much for taken my letter into consideration.

My Business

my business is a sole own business located at Winneba central campus . I started with about four hundred Ghana cedis about four years ago but has expand to about five thousand Ghana cedis . I Sell things like electric iron, fan , extension socket, rice cooker and many more. My business has been moving on successfully since I started, even though I faced some challenges some times . Further more my business is at the road side where many people pass which also contribute to the well being of my business. Moreover , the demand for my goods incease because the thing s I sell are things the students need day- in day-out. Finally my business continue to expand because i use the profit for reinvestment in my business . I thank u for taken my business story into consideration.

Loan Proposal

I wish to use the loan that zidisha will give me to purchase goods and add its to my goods so that it will attract more customers. Due to the fall in our currency (ced
is) has led to an increase in the price of goods and services resulted in hardship in our country. If i get the money to expand my business my profit will increase about thirty percent(30%. ) I will buy things like rice cooker ,which cost US$20 , i will buy blender also and add to what i have because i have only one blender which cost $15 Morever am very sure that this loan will also help me to overcome the hardship which many Ghanaians are facing . I promise to do the repayment of the loan in accordance with the rules and regulations governing your services. I hope this loan will be given to me. Thank you.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 23, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

dlpringle

Denver, United States

Roy

Espoo, Finland

PG

Paul Graham

United States

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  • Richard    Feb 2, 2019

    I thank all the Zidisha funders for the time and their support even though things were had but now is ok.

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  • Richard    Nov 1, 2018

    Please I will like to reduce my instalment amount so that I can make payment on time . thank you

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  • Richard    Oct 30, 2018

    I want to adjust so that the payment will be easy for me . Things are not good as it was before. Thanks you

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  • Amponsah Isaac    Jan 14, 2017

    He said, trying to fix things as usual since business location was changed . I have also encouraged him to try his best and make all pending payments.

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  • Amponsah Isaac    Dec 14, 2016

    I called him , according him. He has changed the previous business location and now looking for new customers , his business gas total slow down . He promised me to make payments as soon as all is well .

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  • Amponsah Isaac    Dec 14, 2016

    I called him , according him. He has changed the previous business location and now looking for new customers , his business gas total slow down . He promised me to make payments as soon as all is well .

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  • Richard    Sep 29, 2016

    Please my business is not going well as it was due to some relocation. And this has affected my sales because my customers has not been able to locate me but i know things will change soon. THANK YOU VERY MUCH.

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  • Richard    Jul 26, 2016

    please i made payments last friday but it has not reflets on my page

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  • Richard    Jul 19, 2016

    Thank you zidisha lenders for making my business keep booming. I will always remember you. Thank you

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  • Richard    Jul 9, 2016

    I will like to use this opportunity to thank all the Zidisha members for their support. It has help me a lot . Now my business is going on successfully. I thank you all

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  • Richard    Jun 24, 2016

    I will like to use this opportunity to thank Zidisha team. I want to inform them that my business is going on well.

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  • Richard    Jun 14, 2016

    I have receive the loan . An amount of 895 GHS . I have used it to buy the Cylinders. Am very greatful to you all the lender's. Thanks for lending to me.

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  • Richard    Jun 10, 2016

    Please some message reached me that the number we use to make payments to has been change

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  • Richard    Jun 10, 2016

    I am very happy for your help. I will use it to buy Cylinder. When I buy the cylinder I know my profit will increase about 30%. This will bring an improvements in my life. I will used this opportunity to thank all the LENDERS. May God bless you all. THANK YOU

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  • Richard    Jun 9, 2016

    Please is it true that the number we use to make payments to has been change

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  • Richard    May 28, 2016

    Please why did you reduce my on time repayment percentage. I wanted to finish so that I can get new one to meet the needs of the students on time but unfortunately you did not increase it. Thanks

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  • Richard    May 28, 2016

    I will like to use this opportunity to thank Zidisha lenders. The loan they gave me has bring an improvement in my business and also my living had changed. Even though I had some challenges along the line. But now I can assure you that every thing is well. Glory be God. I thank you all for your help.

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  • Richard    May 25, 2016

    Hi Zidisha , I made a payment of GHS 300 yesterday but it has not reflect on my page. Please can somebody explain to me why. Thank you

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    • Roy    May 25, 2016

      Richard, it takes up to three working days to process.

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  • Richard    May 18, 2016

    I am very greatful for your loan .It has help me to reduce my burden .And now your loan has help me to expand my business. In fact my business is going on successfully. Thank you very much.

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    • Roy    May 18, 2016

      Thank you Richard...It is always nice to hear such good news.

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  • andyfletcher    Mar 21, 2016

    Hello Richard,
    Do you know what has happened to David Inkabi, a borrower you introduced?

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