Rice and oil to stock shop

Gideon

Kofiasua, Ghana

27% repaid

Entrepreneur

Name

Gideon

Member since

December 2016

On-time repayments

55 installments  •  78%

About Me

Kofiasua is where I was born and brought up. I attended Junior high School there and afterwards decided not to persue any formal education. I thought the only benefit one could get is money after school Apart from the store, I have a cocoa farm and a vegetable farm to support my family.we are three brothers and one sister.two of my brothers are both carpenters who are very hardworking and they assist me to caterfor our mother whom was devorced by our father for another woman. We have lived in harmony all this while. My mum had a cocoa farm that i have been taking care of for her to buy her own clothes and other basic things she needs.

My Business

I sell general goods like Tin Tomatoes, sugar, soaps. I chose this kind of business because I once visited a shop in Suyani that had general goods like my I could not believe my eyes the sort of customers who had queued to buy items. At the moment my capital is too small (ghc6000) business is very attractive expecially on Market days which is held every Tuesday. Market becomes so good because we do have people from most of the villages nearby to come and sell their foodstuffs and buy things for themselves in return.

Loan Proposal

I wont to buy uncle sam long grain perfume rice 25 bags a bag cost $18 total $450, pomo tin tomatoes peste 10 box a box cost $8 total of $80, six gallons of soya bean oil one cost $15 total $90, and 20 boxes of omo washing powder a box cost $4 , total of $80. This will he maintain my regular customers since they requist these items and also win mero customers since old customer are advertising for me. Am thinking of increasing my earnings by 15%.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$421.00

Date disbursed

Nov 4, 2017

Repayment status

Late

Projected term

3 months

Lenders

W

Witlof

Tsukuba, Japan

Cloudways

Malta, Malta

Dave Bogard

New York, United States

PG

Paul Graham

United States

A

Andrei

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

K

Kyle

Durban, United Kingdom

M

Mark

Toulouse, France, France

Paul Buchheit

Mountain View, United States

Tyler Metcalf

Utah, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Peter Morse

Amesbury, MA, United States

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  • Rita    Dec 23, 2017

    Please Gideon has promised to repay.I have asked him to change payment plan since that was his problem.

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  • Gideon    Nov 7, 2017

    I received ¢1718. I will be buying 25 bags of rice, Boxes of tin tometoes , soya bean oil and washing powder. Thank you very much for the LOAN

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  • Gideon    Nov 3, 2017

    I will buy rice , oil etc which will increase the no of my customers.
    Thanks to you my lenders and zidisha at large.

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  • Gideon    Oct 22, 2017

    I bought rice , cooking oil etc . Having almost all that my consumers may need in one store is good for my business. My earns boost by about 10% which i will like to reinvest in my business

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  • Gideon    Sep 16, 2017

    I used the loan to buy rice ,gallons of frytol cooking oil ,indome ,suger and washing powder. Which have made business good because my customers can get a lot from my store.l getting about 12% increase , which I am planning to reinvent it in my business.
    Thanks to my Leander and zidisha at large.

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  • Gideon    Sep 7, 2017

    I bought rice, oil, indome and suger with the help of the loan. Am gaining more customers day in day ou . my earns has increased by about 12%. I am inverting all in my business. In fact my life is better now , thank to zidisha and my lenders

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  • Gideon    Aug 29, 2017

    I receive 869 which i used it to buy rice , frytol cooking oil etc. Thanks a lot for the support.

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  • Gideon    Aug 26, 2017

    Thank you very much for the loan. I will use it to buy rice, frytol cooking oil, indomie etc. These will help my business. Thank you.

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  • Gideon    Aug 19, 2017

    Customers love it when they can get almost all that they need in one Store. The LOAN I received increase the number of my customers since they can get alot from my store. Which increases my income

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  • Gideon    Aug 11, 2017

    Business is encouraging these days

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  • Gideon    May 16, 2017

    Business is low these days

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  • Gideon    Apr 3, 2017

    I received 579 Gh cedis. With which i was able to buy most of the items ; rice ,suger etc
    Thank for the loan.

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  • Gideon    Mar 28, 2017

    I will be buy rice, washing soap, suger and so on to stock my provision store. This loan will help increase my prifit.
    Thank for the loan to expand my business .

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  • Gideon    Feb 7, 2017

    Business is encouraging

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  • Gideon    Jan 5, 2017

    Sales have gone up. I am seeing improment in my shop. I wonder this sudden change Thank to my lenders for making a great change in my businesses.

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  • Gideon    Dec 19, 2016

    I'm going to buy some mini bags of perfume rice, sugar,milk sachel water.,soap, and many others to meet this Xmas season. Thanks my lenders for this loan amount.

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