Stock up shoes and clothing for my shop

Solomon

Prestea, Ghana

100% repaid

Entrepreneur

Name

Solomon

Member since

April 2017

On-time repayments

66 installments  •  55%

About Me

As the third born of my mom, I was always being taken care by my brethren. I started my primary education in Prestea and actually attended three schools before completing my primarily education.
The need to improve my self, to be financially sound and help my family energised me to venture into trading after completing my senior high school. I further persued my first degree in engineering with some support from family members. With the upbringing i had growing up, developed in me hospitality and honesty. In future, I want my children always to strive to finish and soar higher than am doing now.
I love to read and also play table tennis

My Business

I trade in Shoes, slippers, flip flops and sandals for both males and females.
And i am always yearning to increase my stock to enable me raise more money to assist my siblings.
The selling of these goods is more of like a family business for which my mom started in our town and hence I have gained much experience in the demands of my customers.
Man can not exempt himself or herself from putting on shoes hence a major requirement for our daily lives.
I initially started the business with 11 pairs of slippers but now have about 50 pairs in stock as a result of investing my profit in the business. And I expect to have about 3 stations for selling my goods with my involvement in Zidisha. I also want to deal in selling of recharge cards for various telecommunications and e-banking.
I intend adding MTN mobile money.

Loan Proposal

With this loan, I am going to stock up my shop, also add the selling of recharge cards and also venture into e-banking. The stocking up of goods for my shop will help me raise more profit as a result of the approaching Christmas ceremony. Some individuals sometimes prefer to pay from their phones and also cash out from their mobile wallet. So the e-banking will bring more people into my shop, which in effect boost the selling of my shoes and clotting

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$350.00

Date disbursed

Nov 24, 2017

Repayment status

On Time

Projected term

2 months

Lenders

investor

Candiac, Canada

BelleStarr

Albuquerque, United States

S

SueB1

Los Alamos, United States

AltruisticSelfishnes

Chicago, United States

S

sebseb

The Hague, Netherlands

ZlataRoy

Cheltenham, United Kingdom

johnandmoliehi

Canton, New York, United States

T

ToddK

Indianapolis, IN, USA, United States

J

jjonas

berlin, Germany

T

TokyoBliss

Tokyo, Japan

DukusP

Glendale, United States

A

Austrian

Graz, Austria

T

TheBarber

Oro Staion, Canada

J

jwharding

Hamburg, Germany

E

edgreig

Brixton, United Kingdom

Andreas Kiss

Vienna, Austria, Austria

OlyRhys

Olympia, United States

M

moneypatch

Heber City, United States

HMS_5th_Grade

Honolulu, United States

G

glh25

Winooski, United States

K

KnutG

Bergen, Norway

nmatpt

Lisboa, Portugal

NativeTexan

Dfw Metroplex, United States

C

caz32

chertsey, United Kingdom

S

Sclodfelter

Los Angeles, United States

C

corvus

Paris, France

Hedwich

Gorssel, Netherlands

A

AndrewC

London, United Kingdom

FriendinOregon

Hillsboro, Oregon, United States

xtrahardware

Cazenovia, United States

J

johneaton

Ludlow, MA, United States

C

Clben7

Cincinnati, United States

D

dj9812

United States

H

HoseB

San Francisco, United States

robinbuxton

Rugby, United Kingdom

C

chrishol

United States

mepster

San Francisco, Ca, United States

J

jsbisa

New Orleans, Louisiana, United States

G

GMB2014

United States

TyWee

Manila, Philippines

Grant Xavier Storer

Seattle, Wa, United States

Hoops

United States

J

jowde

Germany

Matthias Schulz

Berlin, Germany, Germany

A

andreab

United States

S

Stephan

Netherlands

W

Wade

United States

Elly

Woudrichem, United Kingdom

PR

peter reibold

United States

MI

Matt Insler

United States

JC

JD Conley

United States

JD

Jeff DePree

United States

ME

Manaal Eisa

Washington DC, United States

CNV

United States

Martin Nielsen

Aarhus, Denmark

PG

Paul Graham

United States

C

Christian

Switzerland

wissam

Jeddah, Saudi Arabia

Paul Smithson

Leeds, United Kingdom

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

P

Peter

Bratislava, Slovakia

JM

Jo McDonnell

United Kingdom

SH

Steven Huntington

London, United Kingdom

UK

Uday Kolluri

New York, Singapore

Rory McLaughlin

Dallas, United States

SA

Steve A

Newbury, United Kingdom

RG

Ravi Gadad

United States

I

ixeldog

atlanta, United States

GA

Giovanni and Yelena

New York, Ny, United States

L

Linn

United Kingdom

Sinan Taifour

Munich, Germany, Germany

E

Erik

Frankfurt/Main, Germany

JD

JASON DORSETT

United States

BP

Bill Piper

United States

M

Mark

Toulouse, France, France

Jean Wren Chan

United States

Paul Buchheit

Mountain View, United States

Remo

Switzerland

Ask Solomon a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Solomon    Sep 30, 2018

    Business is slow and I have financial burdens to meet.

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  • Solomon    Sep 9, 2018

    My financial burden has increased and I will love to increase payment when I am released.

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  • Solomon    Jun 29, 2018

    Business is not booming. And I wish to pay more when things go well.

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  • Solomon    May 24, 2018

    I used some of the income to offset my bills.

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  • Solomon    Apr 14, 2018

    I have used some of the money to stock my shop and also used the rest to pay a debt I borrowed when my loan funding was being delayed.

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  • Solomon    Apr 3, 2018

    Thank you my lenders for this loan. This loan is going to help me increase stock of my shop. I received GHS 1843, after various deductions. I promise to pay on time to help fund other borrowers as well.

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  • Solomon    Mar 31, 2018

    Thank you my able lenders for funding my loan. This will help me stock up my shop of shoes and slippers

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  • Solomon    Mar 12, 2018

    My able lenders, please I'm only left with 16 hours for my loan application to expire. I need the loan to be funded to help stock my shop in other to raise more income during the easter festival. Thank you.

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  • Solomon    Feb 26, 2018

    My previous loan helped to massively stock my slippers and shoe shop. More importantly I was also able to venture into the selling of recharge cards of various networks in Ghana.

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  • Solomon    Feb 16, 2018

    Business was so good ...

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  • Solomon    Feb 15, 2018

    Business is booming and I want to pay more.

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  • Solomon    Feb 8, 2018

    Business was good for the week and I want to pay more.

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  • Gideon    Jan 25, 2018

    Solomon is complaining of a discrepancy in his loan amount due to the fact that ghs100 from his previous loan which he completely cleared has been added again to his current loan amount which he has to pay. He had hoped to resolve this issue before completing this loan payment but currently, the error hasn't been fixed still.
    I believe a mini statement from the mtn office could solve this issue. It would prove that he indeed completed payment and his repayment amount should be corrected.

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  • Solomon    Dec 14, 2017

    Sales for the week wasn't good because all the money was used to stock up my shop.

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  • Solomon    Nov 27, 2017

    I received GHS 1428 from my lenders. I am going to stock up my shop per my loan proposal. Thank you very much my lenders.

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  • Solomon    Nov 17, 2017

    Men shoes(10 pairs)=$100
    Ladies shoes(15 pairs)=$170
    Men slippers (30 pairs)=$20
    Recharge cards=$30
    Children shoes(10 pairs)=$30
    This will help me a lot as I am going to have a large stock and a high preference among my competitives.
    Thank you so much to all my lenders.
    God bless us all..

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  • Solomon    Nov 3, 2017

    With the loan I obtained helped me to increase stock of my shop. I intend adding the selling of recharge cards and e-banking in my shop with this new loan.

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  • Solomon    Nov 2, 2017

    I need my next loan to boost business for the coming Christmas season.

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  • Solomon    Oct 23, 2017

    ZIDISHA is the finacial dream supporter for every young entrepreneur. Business is booming well and I want to pay more .

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  • Solomon    Oct 12, 2017

    With Zidisha I had a good sale in my shop for the week and I eargerly expect business to boom.

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