To expand my electrical supplies shop

Amankwah

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Amankwah

Member since

August 2020

On-time repayments

21 installments  •  57%

About Me

Amankwaa Isaac is my name am 25 years of age.I come from Offinso Namong but I stays at Kumasi bantama.I attended school at Namong primary and junior high school (JHS)and completed my senior high at DWAMENA AKENTEN SENIOR HIGH (DAHSS).

My Business

I have established my own electrical shop which comprises bulbs,wires,fun, extensions,metre board etc. Previously, I was able to receive amount of 50.00 Ghana cedis per week as my profit. But since I joined zidisha loan program, with the loans they gave me have really helped me to receive an amount of 300.00 per week as my profit. I have made judicious management of the loans I invested in the business. Through that I am consisted in my back payments.

Loan Proposal

I am Isaac amankwah from Offinso Namong in the Ashanti region. My father died when I was in class six due to that I was not able to further my education due to financial constraints. So I decided to embark on small business which I have already started at Namong. So therefore with this loan I have planned to use it to buy different items into my shop so that I reach the expectation of my customers and be able to keep their customership.
I have already started with the previous plans and it has been really helped me and make me feel more comfortable with my customers.

Income Source

It's true that during this pandemic many businesses have run down of income due to decrease in productivity and delivery but still I hope that I can do a lot with this loan and it will help me to expand my business. It's difficult though yet through hard working and determination I manage my business and repay my loan without any fear or hesitate as I have already started doing with my previous plans.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$55.00

Date disbursed

Oct 5, 2020

Repayment status

On Time

Projected term

1 week

Lenders

PaulE

Cockeysville, MD, United States

AG

Alexandre Genereux

Gatineau, Canada

J

Jason

West Palm Beach, United States

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