To buy more new shoes to stock my shop

Samuel

Kasoa, Ghana

100% repaid

Entrepreneur

Name

Samuel

Member since

May 2014

On-time repayments

263 installments  •  12%

About Me

my name is Samuel Fred Asare and l was born to mr and Mrs Asare . l was born in Accra capital city of Ghana.My friend called me Evangelist Fred. live in Kasoa -Accra .l like reading books,making new friends and travel.My business located at Kasoa Traffic Lights. l am an Evangelist .Apart from being an Evangelist l also have my small business . I Sell shoes and get an income from it.When l graduated from school.l decided to open my small business and by the grace of God l was able to do that..
I am not married so l used some of my profits to help my mum and Dad to pay my junior kids school fees and providing better life for them.l also save some for my business. l stated this small business because life was not easy for us and l want to support my mother and father to take good care of the family.

My Business

My business is selling Men and Women shoes. Apart from selling shoes .l am also an evangelist.l earn GHC 500 a month and sometimes when business is good l earn more than that. also get income from the evangelist work and l believe when granted the opportunity to apply for the loan and the loan was granted l will be able to rapay the loan.
My business is profitable because l have some good customers who prefer to buy from me and they also sell it to other peoples. l sell some of the shoe on credit and this help me a lot..My price are cheap and customer do not want to travel long distance before they will get some of the shoes.They repay on time .The main challenges is the lack of money to invest in the business so that l will increase my income and make more profit. l want to get Loan from zidisha so that l will invest in the business .If my loan is approve l will add the money to want l already have so that my income will increase.and support my mother and father to take care of my junior Kids to go to school and provide better life for them.

Loan Proposal

I would like to first thank lenders and Zidisha team for given me this chance to apply for the loan. l want to get more shoes for my shop so that l will increase my income, profit and support my mum to take good care of my junior Kids. l will use the money that you will lend me to buy more shoes to stock my shop.Now, A per of shoes cost GHC 20 which is $6 l want to buy 30 pers of shoes which will cost about GHC 600 which is about $192 l will add the money the lenders will lends me to want l already have so that l will be able to buy more shoes.My customers need different kind of shoes so with these l believe l will get more customers who will come to buy from me. They will stop taking car to other city to buy shoes from there. they will always come to buy from me. When l buy more shoes it will help my business and increase profit . when l get the loan it will increase my income and profit.it will also assist me to get more profit so that l will assist my Mum and Dad to take good care of my junior kids. l am requesting all the lenders to help me to achieve this dream. l will work hard so that l will be able to repay the loan . my business is profitable and with this l will be able to repay my loans.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 2, 2014

Repayment status

On Time

Projected term

4 weeks

Lenders

T

ToddK

Indianapolis, IN, USA, United States

Zal0m0n

Atlantis!!!! x), Mauritania

Sarasota

Sarasota, Fl, United States

xtrahardware

Cazenovia, United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

AllieJ

Camberwell, Australia

Sputnik

Switzerland

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