Agyei
Berekum, Ghana
100% repaid
Name
Agyei
Member since
May 2015
On-time repayments
210 installments • 29%
I WAS BORN IN BEREKUM AND I HAD I COMPLETE BESS JSS IN BEREKUM AND HAD MY HIGH SCHOOL EDUCATION AT SUNYANI SENIOR HIGH SCHOOL WHERE I DID BUSINESS FROM 2006 TO 2009. I ALSO HAD MY TERTIARY EDUCATION AT SUNYANI POLYTECHNIC WHERE I GOT HIGHER NATIONAL DIPLOMA IN ACCOUNTANCY FROM 2011 TO 2014. MY PARENTS WERE NOT ABLE TO CATER FOR MY NEEDS BECAUSE THEY WERE NOT HAVING ANY BETTER BUSINESS DOING. MY UNCLE GAVE ME HIS STORE ROOM AND SOME LITTLE AMOUNT OF MONEY TO START ANY BUSINESS OF MY CHOICE THIS HELPED ME TO GET INTO THE CLOTHING BUSINESS. I AM SINGLE NOW NOT MARRIED WITH NO CHILD. I WENT TO A WATERFALLS AT MY AREA WITH MY SCHOOL MATES,
I SELL CLOTHING WHICH INCLUDES MATERIALS, KENTE, FABRICS BOTH FOR MEN AND WOMEN AND CHILDREN AS WELL. PEOPLE ARE ABLE TO GET ANY KIND OF MATERIALS AT ANYTIME AT THE SEASON WHETHER AT RAINY SEASON OR HOT SEASONS. I ENTERED INTO THIS KIND OF BUSINESS BECAUSE IT IS THE TYPE WHICH ATTRACTS MANY CUSTOMERS BOTH HIGH INCOME EARNERS AND LOW INCOME EARNERS. I INITIALLY STARTED WITH 800 GHANA CEDIS WHICH WASN'T ENOUGH BUT I HAVE BEEN ABLE TO EXPAND MY BUSINESS UPTO NOW THROUGH THE FIRST AND SECOND LOAN I GOT FROM ZIDISHA. I HAVE BEING USING THE PROFITS WHICH I HAVE BEING ACQUIRING FROM THE BUSINESS FOR REINVESTMENT INTO THIS SAME BUSINESS THROUGH ADVERTISING AND BRINGING IN NEW STOCK BUT I HAVE ANOTHER INTENTION TO GO INTO DIFFERENT VENTURES WHEN I GET ANOTHER HUGE AMOUNT OF CAPITAL TO DO SO.
I am looking forward for my third loan from zidisha. Zidisha has really helped me a lot to expand my business. When i get my third loan, i will use some of the money to buy more new fabrics like: Kente, already made materials that can serve variety of my old customers and will also help me to attract new customers. I will also use some of the money to bring in more jewelries to help me selve the need of my customers. This loan will also help me to increase my profit margin by 55%.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$244.00
Date disbursed
Jun 13, 2019
Repayment status
On Time
Projected term
4 weeks
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