To buy more stock: rice, vegetable oil, etc., to sell
Irene Nana
Sekondi, Ghana
100% repaid
Entrepreneur
Name
Irene Nana
Member since
June 2016
On-time repayments
262 installments • 78%
About Me
I was born in sekondi; in the western region of the republic of Ghana. I lost my father when I was only ten years old; therefore I was catered for by a single parent (My mother). Her desire and wish for me and my younger brother is to go higher in education. As a first child of single parent, I assisted my mother, in her petty trading and cleaning of offices so as to raise enough income for the family. I passed my basic certificate exams and entered Secondary school. I used to sell food items, fish, second hand clothing etc to earn extra income in supporting my mother.
Having done well in my secondary education, I gained admission into Takoradi Polytechnic, where I studied Higher National Diploma (HND) in marketing. After my national service, I acquired a store where I Sell canned fish, canned tomatoes, cartons of milks, canned drinks, sugar, bags of rice etc. Currently, I have one shop attendant as an employee.
Currently, in addition to the work I do, I am still doing a degree course with University of Cape Coast. My desire is to expand my shop to as big as a super market for a one stop shop in the near future, where I can employ at least three to seven employees.
Ghana is a republic nation and a democratic, with a successful business, I will also have families in the near future, provide them with quality education, in a serene environment, so as to become responsible adulthood so as to have a meaningful living.
My Business
My trading business is my source of income for my house hold. Now I buy goods and supplies to offices and company workers on credit and they pay at the end of the month.
The community enjoys a lot from my trade since I am the only person who does this credit type of sales. With Christmas festivities and high demand of goods and services, hence my decision to apply for Zidisha loan to enable me purchase more goods for sale. I will be buying more goods like bags of rice, sugar, canned fish, canned/tinned tomatoes, vegetable oil etc.
My interest in Zidisha loan is as result of lower interest rate.
I hope zidisha team would approve and disburse the loan to me to enable me increase my stock so as I can make more profit so as I can repay the Zidisha loan back
Loan Proposal
I will used all the funds to purchase bags of rice, canned fish, canned tomatoes cooking oil etc for sale and supply to the numerous number of my clients. It is also my plan to buy directly from suppliers so that I can get the items on wholesale prices.
My ultimate goal is to buy various products to as many customers as I can in the Secondi-Takoradi. , I can increase then increase my profit margin.
Providing employment opportunity for some four additional staffs helping in reducing unemployment rate in this part of our world.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$451.00
Date disbursed
Dec 21, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
United States
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