Loan to purchase provisions my for my convenient store

Faustina

Zenu, Ghana

6% repaid

Entrepreneur

Name

Faustina

Member since

July 2014

On-time repayments

267 installments  •  67%

About Me

My name is Faustina Soti. I am married to Mr Frederick Teye. We have 5 children, all attending school. The eldest one is 18 years and the youngest is 9 years. My husband is a driver working for a Transport Company.
On weekends, we spend time together watching television or visiting friends. I like to listen to music and to cook. Our favorite food is Banku with Okro Stew. Banku is a local dish made from corn and cassava dough. We often prepare this specially on sunday after church services.secondly we do meet to discuss how to move business forward in our various areas like knowing the kind of products costumers want and what they dont

My Business

Due to a steady growth in sales, I would like to create new space to store more items in my shop. This is where I plan to apply my zidisha loan. It would need input materials like cement, sand, building materials and labour. I have estimated to be around 1500 ghana cedis. the source of income that will be use to repay my loan will come from my provision shop business.

Loan Proposal

Dear lender's,

I will this loan buy provision products items like 10 carton of Milo @ $450 , 7 carton milk @ $500, 4 carton of biscuits @ $150, 2bags of sugar @$200, 1 carton toothpaste @$100 and 2 cartons of toothbrush @$55

All these item will be bought in large quantities in order to provide wholesale services to my cherish customers.

Selling this items on wholesale prices will grab the attention of many customers and increase in income generation due of prices compared other provision shops around.

I will then used my revenue to reinvest into my business also assist my husband in payment of wards school fees.

Hope my application will meet your favorable consideration for funding.

Thank-you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,492.00

Date disbursed

Oct 28, 2017

Repayment status

Late

Projected term

43 months

Lenders

A

Andy

Berlin, United States

G

glh25

Winooski, United States

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Thompson

York, United Kingdom

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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