Loan to boost my business

Samuel

Berekum, Ghana

100% repaid

Entrepreneur

Name

Samuel

Member since

July 2015

On-time repayments

123 installments  •  97%

About Me

I am kyere Samuel from a town called Berekum in the brong ahafo region.i am 38 years of age.my parents are mr samuel okra and Madam sara minka.my father died when i was young 7 years so my grandparents took care of me .I started my basic school in Biadan methodist .i furthered my education to the senior high school in berekum secondary school.i got an admission into the university of Ghana but because my grandparents can't afford the fees i was not able to go.so i went to a man who repairs electrical appliances to help me lean to repair it.so the man accepted me to work wit him.i leaned the work for about five years and became qualified to open my own shop.the food i like best is banku and ampesi.the game i like best is hockey and basket ball.I am kind and also humble.I love every body body.

My Business

the name of my business is onyame adom electrical shop.i started this business some years ago with a capital of $200 .i started by repairing faulty electrical appliances like television,radio,electrical iron.standing fan and fridges etc.as time goes on i was able to raised my capital to $500 when working for 3 years in this s.so i have started selling brand new electrical appliances alongside repairing faulty ones from peoples who have faults in their old electronic appliances which i charged them to pay some amount of money.so i used this money i raised to purchase some new electronics for my shop which i sold to others.i also have four people whom i training them how to repair faulty electrical appliances.now i ought to enlarge my worked property to enhance catering for my brothersl.

Loan Proposal

Thank you my dear lenders for the second loan given to me,it has really brought a dramatic changes into my business.At first i managed to get $ 57 profit every week but with the support of zidisha ,now i managed to get $90 profit every week.My dear lenders i need extra amount of $403.00 to purchase this items into my shop.i will purchase electrical cables,multi sockets,extension boards which will cost $100.00,i will also purchase rice cooker,standing fan,and electrical iron which will also cost me $103.00,i will used the rest of the amount of $200.00 to purchase lamp holders and electrical bulbs.When i get this items into my shop i will manage to get $110 every week.It is my dream to look after the needy in my community ,now i have one girl whom i am paying her school fees together with my younger brother. I want to raise enough profit every week so that i can help the needy in my society.My dear lenders i promise to repay back my loan on time,so my dear lenders please help me.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$403.00

Date disbursed

Mar 3, 2016

Repayment status

On Time

Projected term

5 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

R

Rolands

Taichung, Taiwan

The Zinc Team

San Francisco, United States

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  • Mary    Aug 1, 2018

    Please post a message to your lenders about the delay in your repayment. We do understand when businesses can become challenging, and learn about the challenges thru the borrowers postings. You can adjust your repayment to a smaller amount by contacting Zidisha. This will keep your repayment rate in good standing for future loans.

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  • guenter    Jul 8, 2018

    Samuel?

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  • guenter    Jun 23, 2018

    Hi Samuel,
    do you have any problems? pleade don't forget to pay back!

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  • Mary    Jun 22, 2018

    Make sure you start repaying your loan Samuel. You can adjust your payments to a smaller amount if needed. Zidisha is a powerful tool when used correctly, to help businesses grow. Make sure you keep your repayment rate in good standing for future loans.

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  • Samuel    Mar 13, 2018

    l thank you my generous lenders for helping me to build strong business like what l am operating now thank you and may God richly bless you,

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  • Samuel    Mar 7, 2018

    Pls l would like to increase my payment becasue os booming for me thank you

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  • Samuel    Feb 27, 2018

    Pls business is omproving so o would like to increase my payment thank you

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  • Samuel    Jan 1, 2018

    Pls business is a bit slow these so l would like to adjust my payment thank you

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  • Samuel    Oct 31, 2017

    Pls lenders business is booming for me so i would like to increase my repayment thank you

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  • Samuel    Sep 26, 2017

    Pls lenders business is slow so pls l would like to reducemy payment thank you

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  • Samuel    Aug 31, 2017

    Dear lenders, thank you very much for the loan.
    I will be using it to purchase deep-freezer refrigerators and ceiling fans.
    It will help expand my home supply business.
    Once again thank you all very much.

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  • Samuel    Aug 24, 2017

    I am very grateful to dear lenders for your support. The loan has help increase my profit margin by 80% and I was very surprise by the increase. With this business, I have been able to take good care of my family. Once again I am very grateful. God bless you all.

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  • Samuel    Jul 31, 2017

    I would like to increase my weekly instalment due increase in my profit margin.

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  • Samuel    Mar 14, 2017

    Thank you all lenders for funding my loan

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  • Samuel    Mar 6, 2017

    dear valuable lenders I purchase with this loan handset radio,fridge,electric iron,10mm cables,bulb,switchs,etc.this loan really helped me a lot to expand my business,I used part of my loan to expand my business and part to complete my building.God richly bless you

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  • Samuel    Feb 14, 2017

    Business is good so i will like to increase my repayment amount.

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  • Samuel    Aug 11, 2016

    I have received my loan of $622.06.thank you of your support.

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  • Samuel    Aug 9, 2016

    this loan will help me purchase enough product into my shop and will increase my weekly profit by 35%.Thank you my lenders for this loan

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  • Samuel    May 26, 2016

    My business is good so i want to increase my repayment amount.

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  • Samuel    Mar 3, 2016

    my loan have been received .thank you

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