To start cloth businness

Theophilus

Obuasi, Ghana

17% repaid

Entrepreneur

Name

Theophilus

Member since

February 2015

On-time repayments

39 installments  •  21%

About Me

l am Theophilus Oppong and a born Ghanaian l leave in the city of Obuasi in Ashanti Region, where it is not easy to come by when it come to finding job. l am young man at the age of 39 . please l need this loan to do buying and selling of second hand cloths. . it has not been easy with me. Once l get this loan , l will be able to start business and l will just go by the rules of Zidisha in other for the next person who also need loan from Zidisha will get some. l am ready to make very good used of the loan you are going to give me.

My Business

Second Hand cloths is very expensive in Ghana for one bail is about $500 USD. is one of the fastest business you will find in Ghana because people wear every day and what go the most is both female cloths and children cloths. They have some too which is less than the $500 USD. but because l am now starting with Zidisha, when l get $100, l can start with this business, Even what l am going to buy is not going to first grade used cloths but l can go for 3rd grade and start with them and after l do the payment to Zidisha, l can request for more and expand the business to the level l want it to be.

Loan Proposal

Buying and selling of Second hands cloths. Of which is will contain both woman wear and children wear. The bail start from 1st grade to 3rd grade and with this money, l can go in for the 3rd grade. l not need to get a store or rent a store, l will just find a space at the market area . The profit that l am going to on this money some will be used to pay my children school frees and some also will used to support the house. Please lender i need your help to start this business in other for me to start life because i am unemployed now. may god bless you all

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 18, 2015

Repayment status

Late

Projected term

9 months

Lenders

P

Philippe

Adliswil, Switzerland

Zidisha

Sterling, United States

A

adelias

plymouth, United States

dlpringle

Denver, United States

S

SanderBeckers

Brussel, Belgium

A

AEDCPD

Berlin, Germany

D

dbuksh

United States

mepster

San Francisco, Ca, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Please log in to comment.

  • Nana    Mar 1, 2015

    thank for zidisha theophilus called me that he has now recieve the balance of my loan. thank yoi

    Log in to reply • Share
  • Theophilus    Feb 21, 2015

    please i have not still hear anything from this my issue if this will be the case i will send the 68 cedis back then i will stop this loan because it will not help me at all.

    Log in to reply • Share
  • Theophilus    Feb 19, 2015

    DEAR ZIDISHA TEAM I HAVE A A QUESTION WHICH I REALLY WANT TO ASK. I APPLY FOR A LOAN OG GHc 168 AND AN AMOUNT OF ONLY GHc68 WAS DISBURSED TO ME AND I DONT UNDERSTAND. AND SEE THE AMOUNT THEY DISBURSED TO ME, AND I WAS TOLD TO PAY WITH AN INTEREST FOR A TOTAL AMOUNT OF GHc 180. PLEASE BELOW IS HOW I GOT THE MESSAGE
    Dear Theophilus Oppong,
    This is to confirm disbursement of your Zidisha loan in the amount of 168 GHS. If this is your first loan, the new member registration fee of 100 GHS was deducted from your loan disbursement for a net payment of 68 GHS.
    SO THE MONEY I RECIEVED IS ONLY 68 GHS. WHY IS IT THAT THE new member registration fee of 100 GHS was deducted from your loan IS HIGHER THAN THE AMOUNT I RECIEVED. THANK YOU

    Log in to reply • Share


Loading...

Loading...

Loading...