Amankona
Post Office Box 4 Berekum B/a, Ghana
100% repaid
Name
Amankona
Member since
November 2017
On-time repayments
82 installments • 63%
I wish at this juncture to introduce my self to you am Amankona Albert, a young guy of 32 years of age, I completed my Senoir high education 2007 an due to financial situation I have been at home till now an I have started a babaring business so that I can earn a living and lso take care of myself. Is my dream to have a poultry farm in my life . Life without self employed is lifeless so due to that I want to start my own business so that I will not depending on my small salary for living
My business is a barbering business of which I started earlier and wanted to expand it but due some financial restraints it was very difficult to do. My main source of income is currently earning from a small printing shop that I am working with. And it is a monthly payment job, but it is not something substantial to drive home about. I earn about $50.00 a month and with this money I receive every month that I use to feed myself, pay utility bills, and managing to save some for my barbering shop.
So when I thought of going to a financial institution for supports, then a friend (Steven Asare Baffour) introduced me to your lending group for assistance.
Since I started applying for your loan I am more than convinced that your conditions attached to your loan is far, far favourable for anyone to grow his business. In contrast, the loans offered by the bank's in my country is around 30% pee annul, and by the time you finish paying it you may have collapsed the business because the loan plus the interest rate would be higher than investment and the profit margin from the business.
i want to use the money to but some equipment that will help my business move more faster than others. an also i will use some to buy some medicine for the machines am using after shaving.
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Project Type
Classic Loan
Disbursed amount
$39.00
Date disbursed
Jul 9, 2018
Repayment status
On Time
Projected term
5 weeks
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