Buying and reselling household wares

Jacqueline Soudi

Accra, Ghana

67% repaid

Entrepreneur

Name

Jacqueline Soudi

Location

Accra, Ghana

On-time repayments

166 weekly installments  •  60%

About Me

My name is Jacqueline Mawuse Soudi a Ghanaian but reside with my mum who currently lives in Avepozo in Togo. Due to her health condition I took over her business and I am managing it. She traded in Onion but due to it high rate of perishability I decided to trade in cooking utensils such as bowls, spoons, plates, forks and so as you can see in the pictures posted. I am a high school graduate, hoping to pursue my degree course when I get the money. I had to stop because there is not help coming from anywhere to me. I am a trader in 'Asigame' meaning the Big Market.
I am a single lady of age 32 who is not yet married. As a young person, my parents struggled to take care of us since they are not that that financially sound. It is through that personal suffering that led me to start selling in one of the big markets in my country.
I enjoy singing, browsing and cooking. I belong to the musical group in church.

My Business

Buying and selling has been our traditional business from my great grand mother , to my mum and me. My grandma traded in onions, my mum both onion and cooking utensils. Since my mum's health is on and off this days I decided to help her in her current trade. So I sell cooking utensils, bowls, cups and anything I see to be on sale.
Since my mum is not all that stable financially, most of the things I buy are on credit bases. So I believe with the help of Zidisha I will be able to help and maintain this business. Thanks to Zidisha.org and its the good people known as lenders for their continuous effort to make our lives good. The previous I was support and I used the loan to stock my business and that made me have so much for my customers. Thank you so much.

Loan Proposal

I am Jacqueline Soudi a trader in house hold ware such cooking pots, cups, buckets, fine china, every day China, bowls, forks etc... I need your support to increase my sales inventory. Will use the profit gain to support my siblings in High school. Will do well to pay of the loan the required time. Thank you.

Income Source

I am still going to the market. We are only adviced to ensure the rules of covid 19, such as wearing nose masks, social distancing etc. Even though sales are not like before. We are still make some sales. So will pay of my loan.

Feedback

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Loan Info

Disbursed amount

$650.68

Date disbursed

May 20, 2020

Repayment status

Late

Projected term

15 months

Cost to entrepreneur

Service fee: 10% of $650.68 = $60.23

Credit risk payment: $90.34

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