Stephen
Techiman, Ghana
100% repaid
Name
Stephen
Member since
June 2017
On-time repayments
33 installments • 64%
After my university education , I had to apply for many jobs without any feedback from employers. So I started my business with the little savings I had. I got a shop and started with sales of non alcoholic and alcoholic beverages. With the help of Zidisha with regards to my previous loans, I have been able to have a successful business.
I'm into the sales of alcoholic and non alcoholic beverages. sales of these beverages as moveable goods with demand very high.
I chose to deal in the sales of drinks because of its high demand and it good returns (profit). Profits from the sales of goods are reinvested into the business for it growth and part for the repayment of the loan. Business is now moving well. I hope to increase my stock with this my next loan.
The loan would be used to buy inventories to stock up my shop. Stocks such as Adonko bitters @ $30.00 per box . Alomo bitters @ $40.00 per box . Sparkling wine @ $ 50.00 per box . I expect profit to rise to increase to 40% as compared to previous loans.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$230.00
Date disbursed
Sep 25, 2017
Repayment status
On Time
Projected term
5 weeks
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