Loan to buy beauty products

Kassim

Techiman, Ghana

100% repaid

Entrepreneur

Name

Kassim

Member since

July 2016

On-time repayments

166 installments  •  40%

About Me

My name is kassim Adam, I was born in Gambaga, a town in the Northern region of Ghana to mr and mrs Adam.My parents were subsistence farmers in the north. I started my elementary education in the north, due to financial difficulties, I have to abounden my education at JHS because my father was sick by then and therefore could not pay my registration fees. For about two years of staying at home, I left the north and join my aunt in the south.After working at people farms for a year, I w NWith the support of some of my teachers I was able further my education. Am now a first degree holder and currently teaching at the JHS I attended in the south.That's Twimia-Koase meth J HS in the Techiman Municipal.I am also the Assembly member of my electoral area.Am married with three daughters.

My Business

I started this business two years ago on a table top due to lack of funds. At times my wife has to carry some of the products around in a busket.For the beginning I do go to the shop, pick some of the products, do part payment and send the balance after sales. Now am able to put up a shop from the profit of the business .I need zidisha to assist me with loan so that I will be able to stock my shop. In a week am able to make profit of GH 30.00 that'sabout $7/8 with the little products in the shop. I hope when you assist me with the loan I will be able to expand my business.I also pledge to pay back the loan as scheduled. Thank you.

Loan Proposal

When I get the loan, i will use the money to buy cocoa butter cream. This product amount all the products sale faster. This product has assisted greatly in the growth of my shop. It is selling fast because am the only one selling that product. There are neighbouring communities that people do come and buy. Due to lack of funds am not able to buy much.I hope when I get enough money to buy more of this product, it will fastruck the growth of the whole business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

Jul 16, 2016

Repayment status

Late

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

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