Glenn
Accra, Ghana
100% repaid
Name
Glenn
Member since
March 2016
On-time repayments
128 installments • 55%
I am an entrepreneur in books and stationery who's business has been going through a challenging phase for sometime now,it has been difficult sourcing for funds,since the local banks and lending institutions requirements and conditions are not quite favorable to most business people.
My sister introduced me to Isaac Asare Boahen,a volunteer mentor who invited me to apply for a zidisha loan. This is an amazing opportunity for local entrepreneurs to apply for credit facilities with extremely reasonable interest rate and terms of payments.
We are a business into books,stationery and merchant services, which has been in operation for about a year now,located at Darkuman Quarters ,Accra-Ghana. It's a good location for business and the demand is high but currently we are struggling to meet the needs of the market,because the industry is capital intensive and mostly, profits reinvested makes little or no significant impact to the growth of the business because of the high demand for other goods that may not be available. Getting the right funding and resources will propel the enterprise to a much good standing in the competitive business environment and meet the needs of our client base with much priority to excellent customer service.
Funds will be used to purchase some books and stationery items that are mostly in demand such as A4 reams, note books, foolscap note books, files,story books etc. It will help meet some of the basic items that customers may need and keep the business in operation to help it's growth and development and help generate some profit to invest back into the enterprise.
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Neutral
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 19, 2016
Repayment status
On Time
Projected term
12 months
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