Loan to expand the ointment production

Isaac

Suhum, Ghana

100% repaid

Entrepreneur

Name

Isaac

Member since

September 2015

On-time repayments

112 installments  •  41%

About Me

I was very quiet and serious about learning as child. Although i attended i a low class village school where most do not pass their exams for the high school, i was able to make the better grades to the high school. Inspite of the financial difficulties i had in high school, i made it to the university where i graduated with second class upper division in B.A Geography/Economics.
I started my business as an independent distributor in Tiens. i began by buying single product with my little money and sold to people who need them.
Most people in my land believe that certain sickness are caused by the gods.
I played football with my friends on weekends.

My Business

I'm now into the sales of books. I sell all kinds of books and other stationeries.
I also write and publish books on Amazon KDP.

Loan Proposal

Will buy more containers which may cost us about $70, buy some petroleum jelly of $80, buy print more labels which may cost $58 and buy the mixture of perfume of about $65. Transportation may cost us $23.
This loan will me increase the production base to 1000 pieces per month. This increment will make it possible for me to employed additional two people to the sells department.
All other things being equal, the profit margin will increase by 150 GH CEDIS per every 21 days.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$268.00

Date disbursed

Jan 27, 2017

Repayment status

On Time

Projected term

26 months

Lenders

Scott

Oregon, United States

L

lped759

Saint Paul, United States

C

cjmenchaca

Austin, United States

Catherine68

Boyle, Ireland

A

AlexCheng

Seattle, United States

A

amyor2

Caloundra, Australia

indeh

London, United Kingdom

Cloudways

Malta, Malta

ads68

Melbourne, Australia

P

Prysdahl

Marshall, United States

mrgonzalo

San Francisco, CA, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

G

Goldrivermob

Gold River, Canada

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

T

TrademarkMan

United States

W

wesbh89

United States

K

Keith

Luxembourg

Mike and Jacqui

United Kingdom

SK

Sebastian Krohn

Amsterdam, Netherlands

CA

Christian Anger

Michendorf, Germany

W

Wade

United States

Dean Cress

United States

CNV

United States

A

Andrei

United States

TO

Thomas O'Neil

United States

J

Jon

United States

L

Lucy

Australia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

VC

Victor Chong

United States

BE

Bob Ewing

United States

Ellen

Michigan, United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

GS

Gary Sinard

Franklin, TN, United States

M

Margaret

United States

Bob Romijn

Hilversum, Netherlands

Nikola Novak

Toronto, Canada, Canada

KK

Kurt Kellner

United States

R

RMIM

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

AB

Ashira Blazer

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

BB

Brad Brunz

United States

Ask Isaac 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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  • Isaac    Feb 18, 2020

    Hello lenders,
    Please what happened to the risk fees charged after repayment.
    Thank you.

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  • Isaac    Oct 8, 2018

    Thank you my lenders for your support so far.
    I'm in request of a loan to expand the business. Please don't turn your back on me.
    I am looking forward to your unfailing support.
    Thank you

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  • Isaac    Jul 31, 2018

    Thanks my lenders. I appreciate the patience you had no me.
    My I'll health delayed my payment as it creeped my business.
    But I thank God things are working well now.
    Thank you all.

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  • Jeremiah    May 29, 2018

    He isn't available

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  • Isaac    Nov 5, 2017

    I need to change the installment amount due to my ill-health which slowed down my business. I will adjust it higher if the business begins to keep up better again.

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  • Ebenezer    Oct 15, 2017

    Good day lenders. I have been able to reach Tetteh Isaac at long last . During our conversation, I educated him on how and the importance of adjusting repayment schedule and making it on time. He agreed to make adjustments and starts repayments assoon as possible. He said he sorry for all inconveniences that his sickness has caused his cherished lenders. Thank you

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  • Isaac    Sep 14, 2017

    HELLO MY LENDERS,
    I will still plead with you, my lenders to have patience with me. Now that I am okay, I will work hard to repay my loan.
    I apologize for any inconveniences created.
    THANK YOU

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  • Margaret    Aug 21, 2017

    Hi Isaac,
    You can always contact;

    [email protected]

    at anytime to reduce your payments at any time. I hope you are feeling better soon. Best of luck to you as always. Regards, Margaret

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  • Isaac    Jun 27, 2017

    I am sorry for the delay in the payment of my loan. It is due to the fact that I felt sick and was not able to go to work. I never thought that would happen.
    I will therefore plead to my lenders to give me some time to pay it.
    Thank you to all my lenders for your patience with me.

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  • Jeremiah    May 11, 2017

    not available

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  • Margaret    Mar 25, 2017

    Hi Isaac,
    I just wanted to let you know that you can change your repayment schedule any time you need to adjust your loan payments by contacting [email protected]
    I hope business is good for you and your helpers. Best of luck to you as always. Regards, Margaret

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  • Margaret    Feb 8, 2017

    Hi Isaac,
    I hope the increase in materials helps you to grow your business. Thank you for keeping us updated on your progress. Regards, Margaret

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  • Isaac    Jan 30, 2017

    I received 1059 Ghanaian cedis. I will be buying containers, perfume, pertrolleum jelly and cocoa ash from Accra tomorrow for production.

    A say thank you to all my lenders.

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  • Isaac    Jan 26, 2017

    I buy petroleum jelly, perfume, cocoa ash, and some containers for production.
    This loan will help me expand production, employ additional two workers to assist in sales. My profit margine will increase and as a result be able to provide help to some needy family members.
    I say thank you to you my lenders.

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  • Isaac    Dec 27, 2016

    I say thank you my lenders my business is making progress because of your support. I have started production. I have employed two people with one being a relative that i work with.
    Our dream is to become big company with more workers and producing more internationally accepted quality products.
    Thank you.

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  • Isaac    Dec 10, 2016

    I am thankful to the team of lenders. I have been able to acquire the product registration certificate and also make some labels and bought some containers to start commercial production. I will update you with future progress towards the achievement of my set goal. Thank you.

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  • Isaac    Jul 26, 2016

    I have received the loan of $288.04 from the Zidisha team.
    I have gone for the test certificate of my ointment and I have also started the production. I hope to working hard to achieve my goal in life.
    I say thank you to all my lenders and the entire zidisha team.
    Below are some photos of my first production.

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  • Isaac    Jul 2, 2016

    will pay for product my oientment registration bill and start production with the rest.
    The will help me progress fast as a young entreprenur.
    Thank you to the zidisha team for funding my loan.

    Log in to reply • Share


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