To support the payment of my younger brother's school fees

Tabiri

Berekum, Ghana

100% repaid

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Entrepreneur

Name

Tabiri

Member since

July 2015

On-time repayments

46 installments  •  80%

About Me

I am Tabiri Kofi, the first born among the three children of my parents. I started my basic education at the Berekum Grace Preparatory and then furthered at the Sunyani Senior High School and then to the University of Cape Coast. At the University, I used to sell some clothes to students to raise money to pay my school fees and hostel fees. After school, I decided to use some of my income to open a clothing shop at my hometown. The people in my community are very hard working and respectful. Children in the community would always want to be Bank managers when they grow. I like watching and playing video games and also reading story books.

My Business

I sell clothes for both men and women at Berekum. These things are very demanding because every individual requires a dress to go to work. I started this business to generate enough funds to support my education and my brother's own too. Currently, one of my younger brothers is at the Senior High School. My cost for every week is around $200 and as at now, my revenue is $600. If I am given the loan, I will reinvest it in the business and use the profit to support my younger brother's education.

Loan Proposal

If I am given the loan, I will use a greater part of it to support my younger brother's school fees and invest the rest in my business so as to generate more to continue assisting him. The fees is around $120. I will then use $60 to support the fees and invest the $40 in the business to generate more profit for future use. This will help both of us as it will help me expand my business and also help him progress in his education. I will expect about 25% increase in my profit. Thank you for assisting my family.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 11, 2015

Repayment status

On Time

Projected term

3 months

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Mar 2016:  $383

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Ask Tabiri a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Tabiri    Nov 26, 2016

    I cannot pay the full installment amount due. I would like to reduce my payment.

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  • Tabiri    Jul 10, 2016

    I am reducing my amount for now.

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  • Tabiri    May 29, 2016

    I want to reduce my installment. I will increase my weekly loan payment later.

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  • Tabiri    May 1, 2016

    This is the amount of money I can pay for now. I will increase my installment later.

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  • Tabiri    Apr 1, 2016

    I really thank my lenders for the loan. I also thank the Zidisha team. I am going to hire a store room for cloth sales. This will help me get a working space to sell cloth.

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  • Tabiri    Mar 22, 2016

    First of all, I really thank my lenders and Zidisha team members for my second loan. God bless you all.

    The loan was used to buy cloth to stock my business. The expansion of my stock, indeed, created more sales which resulted in an increase in my profit by 40%. The reason is there have been different kinds of cloth for my customers to choose from. Now, I can boldly say I can always get food for my family and for myself also. The question I always ask is, had it not been for Zidisha, what would be the state of my life now?

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  • Tabiri    Mar 13, 2016

    I can pay less this week.

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  • Tabiri    Feb 27, 2016

    I can pay more this week.

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  • Tabiri    Jan 14, 2016

    I bought cloth with the loan. The purchased cloth increased my stock. I no longer run out of stock. My sales turnover has increased by 60% which has resulted in 80% profit increment.

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  • Tabiri    Dec 19, 2015

    I would like to reduce my installment for now.

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  • Tabiri    Dec 2, 2015

    Thanks to my lenders and the zidisha team. I have receive the loan.

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  • Tabiri    Nov 26, 2015

    Hello to the zidisha team and my lenders. I received a test message on my phone that my loan is disbursed and my zidisha account carries the same information yesterday.The problem is I have not yet received the loan of an amount of GHS 773 . The zidisha team should helped me get my loan. Thank you

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  • Tabiri    Nov 25, 2015

    I received email on the 25th of November 2015 around 3:44 pm confirming that my loan has been disbursed, yet still my mobile money account has not been credited up to date. I have sent you email, please kindly check for me.

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    • N

      Nisha    Nov 25, 2015

      Hello Tabiri,
      You should hopefully get a reply within 3 business days. If you still haven't heard back after 3 days please give us any details you have about the payment.

      Thank you!
      Nisha.

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  • Tabiri    Nov 19, 2015

    Thanks for funding my loan in time

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  • Tabiri    Nov 5, 2015

    I was able to pay my brother's school fees with the help of the loan. He is in school now. My sales volume increase as I bought new cloth for resale with part of the loan which resulted in an increase in profit by 30%.

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  • Tabiri    Nov 4, 2015

    There is an increase in sales.

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  • Tabiri    Oct 26, 2015

    I will like to pay this amount for the time being and increase my installment later.

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  • Tabiri    Oct 7, 2015

    I have made payment for October 4,2015. Please credit my account.

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  • Tabiri    Sep 28, 2015

    I have made payment to cover 27th September,2015. Please Zidisha team, credit my account to cover that date.

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  • Tabiri    Sep 1, 2015

    I have made payment of 21GHS on 27th, August 2015 but my account is not yet credited. Please Zidisha team members attend to me.

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