To expand my food retail business

Abban Florence

Winneba, Ghana

100% repaid

Entrepreneur

Name

Abban Florence

Member since

April 2021

On-time repayments

15 installments  •  73%

About Me

My name is Florence Abban and I am
27 years of age and a level 300
student of Twifo Praso Nursing Training School of Ghana studying general nursing. I lived in Winneba a town in the central region of Ghana. My parent had seven children and am the last born of among the seven kids. I struggled very hard to complete my Secondary School Education due to the large family Size of my parents. At some point I need to defer my course because my parents couldn't raise money to pay for my school fees. I had dream of becoming a nurse so I became a street hawcker selling pure water and bottle water for survival and I managed to raise some money to pay up my school fees. There is always light at the tunnel now here I am becoming a professional nurse in my country. My dream is to become a high profile nurse and build a clinic in my community in other
to provide effective and efficient nursing care to support the health needs of my community.

My Business

I have open a small grocery store for my mother to cater for some part of the family needs where we sell
stuffs such as rice, beans eggs milk Milo sugar minerals and other products. My other source of income comes from the allowance support scheme that the government of Ghana provide for nursing training colleges students. With the allowance support and the income that comes from my grocery shop I will use some part of the money to pay up the loans zidisha will offer me on weekly or monthly basis. The amount of the allowance support scheme is 450 and the income I made from my grocery store every month is about 500 so in all I received about 1000 Ghana every month as a net income. And am optimistic that payment to zidisha loan would be paid on time and there wouldn't be any delay. Thanks to Zidisha family

Loan Proposal

I wish to introduce more different products to my shop, I am of the hope that the more available the product are the more I can retain my customers all the time and this will help me to gain more profit.

Income Source

I have created a business platform on WhatsApp application which most of the people on my phone contacts have gotten to know about my business this has help me to deliver a door to door service and it has give a rise in income for my business. With this approach am sure I can settle Zidisha loan at the appointed payment period.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$77.22

Date disbursed

Jun 19, 2021

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $2.66

Credit risk payment: $11.02

Lenders

G

guenter

Bremen, Germany

S

sanfransec

San Francisco, CA, United States

EH

Ed Hendrickson

Ames, Iowa, United States

B

Barbra

United States

A Akoma

United Kingdom

JT

JOY to the world

Cottonwood Heights, United States

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