Loan of ghc 1114 helps me buy more shoes for sale
Samuel
Kasoa, Ghana
6% repaid
Entrepreneur
Name
Samuel
Member since
May 2014
On-time repayments
263 installments • 12%
About Me
my name is Samuel Fred Asare and l was born to mr and Mrs Asare . l was born in Accra capital city of Ghana.My friend called me Evangelist Fred. live in Kasoa -Accra .l like reading books,making new friends and travel.My business located at Kasoa Traffic Lights. l am an Evangelist .Apart from being an Evangelist l also have my small business . I Sell shoes and get an income from it.When l graduated from school.l decided to open my small business and by the grace of God l was able to do that..
I am not married so l used some of my profits to help my mum and Dad to pay my junior kids school fees and providing better life for them.l also save some for my business. l stated this small business because life was not easy for us and l want to support my mother and father to take good care of the family.
My Business
My business is selling Men and Women shoes. Apart from selling shoes .l am also an evangelist.l earn GHC 500 a month and sometimes when business is good l earn more than that. also get income from the evangelist work and l believe when granted the opportunity to apply for the loan and the loan was granted l will be able to rapay the loan.
My business is profitable because l have some good customers who prefer to buy from me and they also sell it to other peoples. l sell some of the shoe on credit and this help me a lot..My price are cheap and customer do not want to travel long distance before they will get some of the shoes.They repay on time .The main challenges is the lack of money to invest in the business so that l will increase my income and make more profit. l want to get Loan from zidisha so that l will invest in the business .If my loan is approve l will add the money to want l already have so that my income will increase.and support my mother and father to take care of my junior Kids to go to school and provide better life for them.
Loan Proposal
l would like to first thank lenders and Zidisha team for given me another chance to apply for my fourth loan. l will use the fourth loan to add more shoes for my shop so that l will increase my income, profit and support my mum to take good care of my junior Kids. Now, A per of shoes cost GHC 30 which is $8 l want to buy 44 pers of shoes which will cost about GHC1320 which is about $370 l will add the money the lenders will lends me to want l already have so that l will be able to buy more shoes.The demand is very high in my community and l want to meet the demand of my customers that is why l want the lenders to support me to satisfy the demands of my customers. When have new shoes my customers will stop taking car to other city to buy shoes from there. they will always come to buy from me. When l buy more shoes it will help my business and increase profit . it will also assist me to get more profit so that l will assist my Mum and Dad to take good care of my junior kids. l am requesting all the lenders to help me to achieve this dream. l will work hard so that l will be able to repay the loan my business is profitable and with this l will be able to repay my loans.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$296.00
Date disbursed
May 25, 2015
Repayment status
Late
Projected term
55 months
Other loans
Lenders
Newport, United States
Tokyo, Japan
Switzerland
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