Refurbish second-hand clothing shop

Veronica

Prampram, Ghana

28% repaid

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How it Works

Entrepreneur

Name

Veronica

Member since

June 2014

On-time repayments

84 installments • 49%

About Me

My name is Veronica Kwaku, born to Mr Bright Kwaku and Madam Ernestine Ago. i live at Prampram, a city residence located in the Greater Accra region of Ghana. I started my basic education in Tema in the year 1996 and completed in the year 2002. after that I entered into apprenticeship of hair dressing for period of three years. From there I worked at a guest house in Prampram for six months; then I proceeded to work as a Receptionist at a textile company in Tema for a period two years. Later I started working on my own as a business woman who deals in second hands cloths .

My Business

My dream is to expand my second hand clothing business and later open a cosmetics shop.
I have a new container that I plan to use in the future. Currently I have rented a piece of land at a vantage point near the Mandela Road and have have temporarily installed a small shop made of wood. This is where I do business for now. I have being operating this second shop for four month now and it is doing quit well.

I would like to use the zidisha loan to replenish my stock and in the future replace the wooden and include sales of cosmetics.

My source of income in this business will be used to repay the loan.

Loan Proposal

My first loan loan has been very useful. Currently my business has received an important boost. I moved my new container to a neighboring town, where I expect to get twice as much business. I can't wait to get started there. Because in the former location I got less than my sale potential! I would like to use the current loan to refurbish my new container shop. 80% percent of this loan would go toward refurbishment and the remaining would be use to buy more clothing. Thank you in advance for funding my loan

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Loan Info

Project Type

Classic Loan

Disbursed amount

$274.00

Date disbursed

Mar 16, 2015

Repayment status

Late

Projected term

11 months

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Agnes Aug 8, 2018

The borrower has moved from her current location of business and so it is not helping. I keep trying to find out her new location

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Veronica Mar 30, 2015

Hi lenders!

I received my loan on the 16th. once again thanks you all. I am still at my old location while work is ongoing at my new outlet. I expect to move in August.

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Veronica Mar 14, 2015

hi my trusted lenders and loyal zidisha team for funding my loan. thank u very much for given me the opportunity to make my business grow from where it was till now, i hope to improve my business with current loan given to me, am very happy thank u all my friends God bless u.

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Taylor Hanna Mar 4, 2015

Dear Lenders,

I visited Prampram last week and was happily able to meet Veronica at her small clothing boutique. Veronica sells second-hand clothes from a small blue container on the roadside. She bought the container last year and decorated it herself with a light blue scheme that makes her store a cheerful island in the middle of Tema’s hot sand.

Veronica goes twice a week to Accra to search through the markets for acceptable clothing to sell. Sometimes she is looking to buy specific trends and sometimes she is looking to buy for specific customers in Prampram but her number one priority is always quality. If an item isn’t high quality, it isn’t likely to last very long through sweat and dust and still look good - sometimes Veronica returns from a shop with only one or two good finds. But that means that her customers can trust her selection.

She grew up in Tema, a highly industrial city on the way to the capital, as the oldest of three daughters. Knowing she has always been interested in fashion, I ask jokingly, “Did you often dress them up?” She laughs, “I still do.” Although now she has moved away, she prefers living in Prampram: close to her family in Tema and to the markets in Accra but quieter than both and a market with a demand for her goods.

Veronica has used Zidisha loans to purchase extra stock of high quality second-hand clothes in the markets to resell in her boutique - a big help when it’s hard to gather the capital to make big purchases. Although she does not live with constant access to a computer or the internet, she wants her lenders to know that she is incredibly thankful for the opportunities that have been afforded her by Zidisha. She hopes to use future loans to expand her offerings and add men’s clothes and perfumes and is excited to grow her relationship with her lenders.

Veronica – it was a treat to get to visit your boutique and talk to you last week. I hope I can see you soon again in Prampram!

Thank you,

Taylor
Ghana Country Ambassador
Zidisha

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Veronica Mar 2, 2015

hi lenders,
the current loan has being very helpful. Currently my business as received an important boost. I moved my new container to a neighboring town, where I expect to get twice as much business. I cant wait to get started there. Because in the former location I got less than my sale potential!

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Veronica Nov 17, 2014

Hi all,
This is a photo update of me at my shop. As you can see I am doing quite well!
Only, I did not add the male's line of clothing yet, but I hope to do so, after this loan session.

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G
geobuk Oct 9, 2014

Hi Veronica,

How are things going? Has the loan been helpful as you had hoped?

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SeeMeeFi Jul 1, 2014

Hi Veronica,
I wish you the best in your clothing shop. I hope you are able to increase your female clothing and perhaps even expand into male clothing as well.

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Refurbish second-hand clothing shop

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