Loan to purchase second-hand clothing to resell
Christiana
Accra, Ghana
100% repaid
Entrepreneur
Name
Christiana
Member since
July 2017
On-time repayments
176 installments • 86%
About Me
Christiana Aleke is my name, born on 22nd December, 1971. I am forty-eight (48) years old completed basic school in a village within the Akwapin north district of the eastern region in the republic of Ghana. Both parent were subsistence farmers. Due to the fact that my parent do not have money to let me further my education, I was married off when I was 21 years old.
Currently, I have four children (two boys, two girls). The last two a boy and a girl were twins. I am currently, a single mother. My first born is in the third year at University reading Mathematics and Statistics. My second born has just completed secondary school waiting to go for further studies, and my last born the twins are now in second year in secondary school
My Business
I buy and sell second hand clothing, bottle and sachet water, canned drinks. This is a business I have done for the past ten years. Sometimes I buy goods on credit sell and pay the suppliers at a cost higher than buying directly from the suppliers and wholesalers. Small profits I get I used it to pay my children's school fees, provide food, clothing for the family and paying of other bills.
With the assistance from Zidisha lenders, I am able to secure a market store now, with this, now I can buy more goods directly from the producers and wholesalers now and then supply to the nearby towns and villages and sale to retailers. At the moment, I am able to employ shop assistance, and I am hoping in the near future, I can still employ more hands in my business who can also earn some income from my idea for my better living.
Loan Proposal
I intend to purchase bales of second hand clothing for sale. It's my plan to buy in bulk directly from the importers at a little bit cheaper cost, so that I can supply to the near by towns and villages. Profit from my business can enable me educate my children better to higher educational level and also pay for my other siblings' children school fees.
If my business is well finance, I can employ at least two sales attendants and pay them monthly salary.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$120.00
Date disbursed
Jul 13, 2017
Repayment status
On Time
Projected term
2 months
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Mary Aug 20, 2018
Margaret Aug 16, 2018
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