Application for loan to support my business

Michael

Tanoboase - Techiman, Ghana

100% repaid

Entrepreneur

Name

Michael

Member since

October 2018

On-time repayments

33 installments  •  18%

About Me

I am Michael Oduro from Ghana West Africa. Born to a family of 4 siblings all boys. Started my education in Nigeria, because my father took me there then. I came back to Ghana and furthered my education at Don Bosco Technical Institute, completed and started my own business venture. I am married with a kid.

My Business

I am a Graphics designer by vocation.
I started my own small design shop in 2013 and since then I have been gradually moving on.

Loan Proposal

I will kindly use the loan fund to purchase printing materials for my Desktop Publishing and Design business. ( Papers and cards, Printing Ink and Cartridges,). A ream of A4 papers cost 25.00 in our local paper shop. I make a profit of 100.00 cedis from a ream of plain paper which is packed with 500 sheets when I use it for photostat services which cost 0.20 pesewas per copy. And I earn more than that if I use the paper for typing and printout. I charge 3.00 for typing and printout per page and 1.00 for printout only. Though sometimes I give price discount on commercial print jobs if I am running large volume prints.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Jul 3, 2019

Repayment status

On Time

Projected term

3 weeks

Lenders

Paul Buchheit

Mountain View, United States

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