To buy goods for my drinking spot
Elorm Charles Kofi Kudzordzi
Jasikan, Ghana
14% repaid
Entrepreneur
Name
Elorm Charles Kofi Kudzordzi
Member since
September 2020
On-time repayments
19 installments • 42%
About Me
Kudzordzi Elorm Charles Kofi is my name. I come from Hohoe in the Volta Region of Ghana. I come from a poor home. My parents are not able to go to school.I have five siblings. I am the only person who is able to go to school in my family.Life has not been easy for me looking at the age of my parents I have to work hard to take care of my parents and siblings. I struggled to do odd jobs like labourer, washing people's car , shining people's shoes and others to get money for my school and to take care of my parents who are aged. I am currently a professional teacher.
My Business
I have been able to opened a drinking spot which is very lucrative.This is what helps me to careter for my parents and siblings, including my salary.My business is booming because of the support I always get from Zidisha.
Loan Proposal
I intend to use the loan to purchase
more drinks for my drinking spot business. It has become necessary for me to demand for more funds because of the Christmas festivity which is approaching. I want to prepare myself to serve my customers better during that time. I will use the loan to buy more drinks like Guinness,Gin,Alomo betters,Herbal Afric,Adonko betters,One man and other soft drinks.
Income Source
The virus has not come to my area here.Moreover the rate of spread has also being reduced.Due to that I always open my spot to serve my customers.As a result of that I will get money to save and also pay for my loan.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$359.22
Date disbursed
Nov 1, 2020
Repayment status
Late
Projected term
3 months
Cost to entrepreneur
Service fee: $24.44
Credit risk payment:
$24.44
Optional expediting fee:
$24.44
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