Rice and gallons of oil for my retail shop

Jennifer

Takoradi, Ghana

100% repaid

Entrepreneur

Name

Jennifer

Member since

December 2017

On-time repayments

122 installments  •  55%

About Me

I am 32 years of age, born in Half Assini in the Western Region of Ghana to Mr Buah and madam, Janet Azane. My father was a transporter and my mother a petty trader.
I am the first born of my parent, therefore helped a lot in my mother's trade and schooling at the same time. It was my parent dream for me to go higher in the education ladder but due to lack of finance as a result of my father's lost of job I couldn't reach the level I wished for myself.
In order to assist my parent in raising money for the family up keeping and paying for my siblings school fees I had to assist fully in my mother's trade.
I completed poly Technic with Higher National Diploma in Accountancy, did my national service but getting job became difficult so and started my own business with the money I earned from from the service allowance.
I started with selling of bags of rice and later added gallons of oil, milo, milk and other items. I want to expand my business but my fund is limited so I need assistance from zidisha loan which has no interest rate.

My Business

my business involves selling of bags of rice, litres of oil, milo, milk and other food items. I am able to sell a good quality and affordable food items to my customers who are retail buyers and and households.
The income generated from my business is now additional source of fund for the family.
I intend expanding my business where I can also sell in whole sale price that's the more reason I need money from zidisha loan with no interest rate.
I hope zidisha team will approve and disburse the loan to assist me continue with my business and expand as well

Loan Proposal

The money disburse to me will be used to purchase
2 Bags of Rice $80
3 gallons of oil $60
At first I was buying only one bag of rice and a gallon of oil but now with the help of zidisha I will be able to buy two bags of rice and three gallons of oil which will let me be able to supply more to my customers and hence making more profit.
To make more profit of margin of 20%

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$112.00

Date disbursed

Jan 11, 2018

Repayment status

On Time

Projected term

6 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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