Supporting brilliant but needy girl-child in school

Faustina

Berekum, Ghana

100% repaid

Entrepreneur

Name

Faustina

Member since

February 2015

On-time repayments

270 installments  •  16%

About Me

I am Faustina Anakwa and a teacher by profession. I am 38 and a Ghanaian by birth. I am happily married with three kids. Growing up as a child ,i met so many girls who were brilliant but became school dropouts due to the fact that their parents were poor or did not have someone to take care of them. This scenario has seen many teenage pregnancies which rather worsens their plight as teenage mothers and if not divine intervention,their kids would suffer same fate and that cycles continues leading to an increase in the levels of poverty especially among women. Out of this, i then conceived the idea to support brilliant but needy girls in school. In my own small way i am currently supporting two brilliant but needy girls in my school and have the dream of reaching out to more girls as my income increases. I also offer counseling to all girls in school on the need to take their studies serious so that the society will benefit from them and the dangers involved if they do otherwise.
In order to do this successfully, one needs to have a multiple source of income, hence my venture into the selling of African beads in varous designs and styles, jewelries and others.
My hobbies are reading, lending helping hand to others, watching movies.

My Business

I sell Dressing Accessories mostly african beads which are mostly african Ear-Rings, Neck laces, foreign jewelries andWrist watches.
These items are in demand and useful because,Ghanaians are people of culture and believe that wearing african beads show their identity.
These items also look nice on both local and foreign clothes making women and men feel classy, attractive and Confident.
These items are seen as necessity by both women and men. You cannot do away with these items most often and again there is always a market for these regardless of season.
My montly costs are bsaically $50 for light and water bill, $100 to my shop attendant who takes care of the whilst in school. I make revenue of $600. The net profit for the month is $450.
I will use part of the profit for reinvestment, and to support the brilliant but needy girls at the school.

Loan repayment
The loan will be serviced with part of the profit from business and if the need be my monthly salary.

Loan Proposal

If the loan is granted i would purchase mostly african beads in various styles and designs and others.
1.African Beads =$70
2.Neck Chains =$25
3.Ear Rings =$5.
This is expected to give rise in profits which will be geared towards the support of the brilliant but needy girls in school.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 28, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

W

Walter

Victoria BC, Canada

Zidisha

Sterling, United States

ads68

Melbourne, Australia

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

TyrynyRed

United States

Ask Faustina 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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  • Faustina    Jan 27, 2016

    I was out of business for some time .

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  • Faustina    Nov 1, 2015

    Please lenders it seem Zidisha is having some difficulty with our payment system in Ghana. That's MTN Ghana. You make repayments and it doesn't reflect in your account. Hoping the difficulty is resolved soon

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  • Faustina    Oct 9, 2015

    Please lenders I have made my repayments but it has not reflected in my accounts. That's why my status shows late.

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  • Faustina    Jul 26, 2015

    My girls will be in their final year next academic year come September 2015. I therefore need a lot to put them through their final year. Thanks

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  • Faustina    Jul 16, 2015

    This is to let lenders know that o have the loan amount of $314. I bought with the loan African beads in the form of necklaces, earnings and beads. I have added foreign jewelry with. This is expected to increase my perofit by some margin in a positive manner.

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  • Faustina    Jul 9, 2015

    Thanks lenders for always supporting me. I am very grateful and I will be buying more African beads and earings for my shop with this loan amount

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  • Kojo Okyere    Jul 6, 2015

    Madam wish you all the best. Lenders please www.zidisha.org/borrower/lo...

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  • Faustina    Jun 30, 2015

    Some of my african beads products

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  • Faustina    Jun 30, 2015

    Dear lenders,
    Thank you very much for supporting me always. I have fully repaid my loan and coming your way again for your support again. Below are some of my African beads products

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  • Faustina    Jun 21, 2015

    Business is good and I have had lots of African beads supplied by my suppliers.

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  • Faustina    May 19, 2015

    I want to thank my lenders for their support. Honestly this loan has made my business to boom and therefore making more profits. Thanks to my lenders and the entire Zidisha team.

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  • Faustina    May 6, 2015

    Dear lenders,
    Thanks for the loan again. On the day of receival, I bought African beads and jewelry and also foreign jewelry. Ear rings were also bought . purchases of the goods are on the high side and I am happy I will be able to meet demands of my girls as school reopens soon.

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  • Faustina    May 1, 2015

    Dears lenders, I am very happy for the loan funded again. I am going to add stock to my beauty shop. The following items will be bought .
    1.African Beads =$150
    2.Neck Chains =$25
    3.Ear Rings =$5.
    Total=$180
    This is expected to give rise in profits which will be geared towards the support of the brilliant but needy girls in school as school reopened on 12/05/15.
    Thank you once again

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  • trincowski    Apr 21, 2015

    With just 5 days to go and such an altruistic and good project, I really hope you'll get funded, Faustina. Hopefully, other lenders will help.

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    • Faustina    Apr 21, 2015

      Thanks for your concern. You are such a good person

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    • Joseph    May 2, 2015

      I am very grateful to Brian and Matt Willis for funding my account to this level. I am very optimistic that this loan will be funded fully to enable me continue with my business and get a lot of sales in the coming months. I wish that other lenders support the funding of this loan to realize my dreams and continue to be in business. God bless you all. More power to your elbows!!!
      Please lenders, help me to get this loan funded in full. This is my loan url
      www.zidisha.org/loan/16950#...

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  • trincowski    Apr 13, 2015

    I'm happy to see you are helping your community in such a brilliant and creative way. That's really sweet of you.

    Good luck in all your endeavours, Faustina!

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    • Faustina    Apr 13, 2015

      Thanks trincowski, for helping me to help others . God bless you

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  • Faustina    Apr 12, 2015

    I and my girls at schools.

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  • Faustina    Apr 12, 2015

    Dear lenders
    Thank you very much for the first loan. I am happy to let you know that I have fully repaid my loan.
    I bought mostly African beads and jewelries and ear rings etc. These items sell quickly. It increased my profit margin by 40%. I used the profit to stock in more African beauty products.
    I had fun with my family and the my two girls this easter.
    This two girls are actually making me feel proud. Their academic records this term has been very impressive. I will see them through to the university with your help. Help to be able to help others.
    Below is a picture of my self and my two girls.

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  • Faustina    Apr 8, 2015

    Dear lenders
    I just want to let you know that the loan given has been so much helpful. The loan did increase my profit margin by 40% and I have therefore increased my stock of african beads and jewelry which are high in demand . l had a lots of fun this easter with my family and the two girls I am supporting currently. Thanks zidisha

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  • Faustina    Mar 13, 2015

    Thanks team zidisha for this great opportunity given me. Thank you my lenders for the loan. This loan has made a great difference in my business. I bought African beads and earings with the loan. I must say these sold quickly increasing my profit margin and I have putting smiles on my girls face by getting them a new uniform. This has happened now because of team Zidisha.

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