To buy beauty products such as pomade, liquid soap powder et

Kassim

Techiman, Ghana

16% 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

I plan to use this amount to buy some beauty products such as body lotions pomade, liquid soap powder and other cosmetic items in my shop. These items can cost me an amount of 70$ for a box of liquid soap, 30$ for boxies of pomade oil. 60$ for other items like powder, lipshine, nails etc. This is going to multiply my profit margin as compare to the last one. My profit is likely to increase to 6$ per daily, . this profit will help me keep my ward at school and home.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$400.00

Date disbursed

Oct 21, 2017

Repayment status

Late

Projected term

26 months

Lenders

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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