Selling local sandals on part-time basis

Stephen

Ejisu., Ghana

3% repaid

Entrepreneur

Name

Stephen

Member since

July 2016

On-time repayments

77 installments  •  17%

About Me

My name is Stephen Appiah. I am one of the many youth in Ghana whom Zidisha Loan have been of great and mighty help to us. Thank you all very much. I ended up a teacher. I however have so much passion for this job. Thus teaching little children as usual. After all the education requirements of a teacher training i was qualified to teach with a diploma.
Born to a disabled Mother and an older father. I will want to add a small local sandals trade to my teaching profession of part time and that is the basis for this new loan.

My Business

I am a teacher but i will want start a local sandals trade in addition to my teaching profession. I will also add some slippers and shoes too. These are every day wears and for that matter very needed and they sell very well too at my place.
My decision to venture into this kind of business boils down to engaging myself when school is over. Then also is one business that will allow me the time to work full time as a teacher and a part time in enterprise.
From my feasibility study, i stand to put into it an amount close to $300 but when this is done i stand making a profit of not less than a $100.
My profits will be reinvested into my business to make it big.

Loan Proposal

I am a government approved Teacher. I now will want to add some aside business to ease my financial burden.
I will buy local sandals @ $150, Then children Slippers @ $30 Then adult Slippers @ $30. This will give me enough stock for the start of my own aside business.
From my study i will make profits good enough and above my cost of operations. I will be able to pay for my degree program on weekend basis and also make some meaningful profits for myself.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$319.00

Date disbursed

Jan 5, 2017

Repayment status

Late

Projected term

15 months

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