Sale of locally made sandals, bags and beadwork

Cynthia

Adenta Sda, Ghana

100% repaid

Entrepreneur

Name

Cynthia

Member since

March 2017

On-time repayments

216 installments  •  78%

About Me

Born in Accra on 28th January 1980, I am 40 years old. My father has eight children and I being the sixth. Both parent were into subsistence farming and petty trading
Things became difficult for us after the death of our mother, however I managed my mother petty trading and vegetable farming to pay my school fees. Hawking during vacation periods, weekends and after school hours to get money for support the family is the order of the day. Currently, I completed university and work with Beige Capital as Compliance officer. Planning that in the next four years I can go back to the university to do my master’s degree.

My Business

My business is sale of local sandals, beads, slippers, beads tissue box and bead lady's bag. I supply these items to the market women at wholesale prices. Averagely, I make between GHS 1,000 to GHS 1,800 in a month, to still supplement family income. Currently my father is an old man unable to work again. With the Zidisha support, I'm able to earn regular income from my trade and employment, hence I’m able to pay family bills and put food on the family table.
Also, I employed a lady and a guy who assist me supplying these items to the traders in the market centers. Both of them receive a monthly salary of GHS 400.00 each
With additional working capital, I can supply more goods to my customers, hence would be able to make more profit. It's this reason that I am applying the Zidisha loan for the second time.

Loan Proposal

If this loan granted i will buy the following items
1. Ladies bags @ $ 160
2. Beads $110
3. Sandals @ $ 130
In all a total loan amount of $ 400.
Thank you all

Feedback

6

None

None

  • nicole    Jul 3, 2020

    My third loan to Cynthia - highly recommended!! :-)

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  • Ray    Dec 27, 2019

    Excellent repayment - well done

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  • nicole    Dec 27, 2019

    My second loan to Cynthia - I would happily lend to you a third time!

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  • nicole    Dec 16, 2019

    Cynthia paid on time - I would happily lend to you again!!

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  • Margaret    Dec 29, 2018

    The loan was paid off in a timely manner.

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  • David    Dec 25, 2018

    Loan was originally scheduled to take six weeks. Several small payments were made, keeping the loan active with some larger payments finishing the loan three months after being disbursed. Your creations are beautiful.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$400.00

Date disbursed

Dec 29, 2019

Repayment status

On Time

Projected term

6 months

Lenders

nicole

Worcester, Ma, United States

B

Bpryse

Long beach, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

Paul Buchheit

Mountain View, United States

Laurie

United States

V

Vivek

Arlington, VA, United States

Ren

Minneapolis/StPaul, United States

JH

Joseph Hwang

Houston, United States

Carrie

Arlington, MA, United States

R

Ray

Australia

JR

Jose Ramirez

World, Spain

Kathleen Coleman

Oregon, United States

Sayuri

United Kingdom

Ronald

Perth, Australia

A

Anonymous

United States

S

Sarah

Manor, TX, United States

Ask Cynthia 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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Summary

Amount repaid

$400.06

Amount remaining

$0.00

Date repaid

Jul 3, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 10, 2020 $1.86 Dec 31, 2019 $1.86
Jan 17, 2020 $0.93 Dec 31, 2019 $0.93
Jan 24, 2020 $0.93 Dec 31, 2019 $0.93
Jan 31, 2020 $0.93 Dec 31, 2019 $0.93
Feb 7, 2020 $0.93 Dec 31, 2019 $0.93
Feb 14, 2020 $0.93 Dec 31, 2019 $0.93
Feb 21, 2020 $0.56 Dec 31, 2019 $0.56
Feb 28, 2020 $0.56 Dec 31, 2019 $0.56
Mar 6, 2020 $0.56 Dec 31, 2019 $0.56
Mar 13, 2020 $0.56 Dec 31, 2019 $0.56
Mar 20, 2020 $0.56 Dec 31, 2019 $0.56
Mar 27, 2020 $0.00
Apr 3, 2020 $0.00
Apr 10, 2020 $0.19 Apr 7, 2020 $0.19
Apr 17, 2020 $0.19 Apr 7, 2020 $0.19
Apr 24, 2020 $0.19 Apr 7, 2020 $0.19
May 1, 2020 $0.19 Apr 7, 2020 $0.19
May 8, 2020 $0.19 Apr 7, 2020 $0.19
May 15, 2020 $0.19 May 7, 2020 $0.19
May 22, 2020 $0.19 May 7, 2020 $0.19
May 29, 2020 $0.19 May 7, 2020 $0.19
Jun 5, 2020 $0.19 May 7, 2020 $0.19
Jun 12, 2020 $0.19 May 7, 2020 $0.19
Jun 19, 2020 $0.37 Jun 23, 2020 $0.37
Jun 26, 2020 $0.37 Jun 23, 2020 $0.37
Jul 3, 2020 $0.37 Jun 23, 2020 $0.37
Jul 10, 2020 $129.95 Jul 1, 2020 $129.95
Jul 17, 2020 $129.95 Jul 2, 2020 $129.95
Jul 24, 2020 $127.91 Jul 3, 2020 $127.91

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