Faustina
Zenu, Ghana
6% repaid
Name
Faustina
Member since
July 2014
On-time repayments
267 installments • 67%
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
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.
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
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,492.00
Date disbursed
Oct 28, 2017
Repayment status
Late
Projected term
43 months
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