Barbering shop

Frimpong

Berekum, Ghana

100% repaid

Entrepreneur

Name

Frimpong

Member since

September 2016

On-time repayments

107 installments  •  59%

About Me

Frimpong Francis is my name. I am a young man of twenty four years old. I went to Wamfie Presbyterian Primary and JHS. After complering junior high school, I was not able to further my education. Is because of my parents have no money to take care of my education.

I Staying in the house for about two years, I get opportunity to learn photography from my father's junior brother. Not only did I learn photography by also learn shaving. I am now a photographer and a barber. This is how I overcome hardship in life.
The people in my community are hardworking. Minority of the are fermers. The festival they celebrate is called Kwafie.
The children in my community wants to be entrepreneur s when they grow others want to be public servants as well.
The hobby I like best is football. Football is played by two parties with each party having eleven players. One party occupy one side of the football pitch while the other party occupy the other half of the pictch. The game is played in ninety minutes. At the end of the ninety minutes, the team this has scored more goals thant the opponent is declared winner of the game.

My Business

I am a photographer and a barber. I have a shop in which I do this business. I have many customers in my community. I have advantage over my competitors because I charge moderate amount for my services.
It cost $400 to run my business on monthly basis. The revenue I generate is $25 on daily basis
I use my profit in investing in cocoa farm. Part of the income is donated to orphans.

Loan Proposal

Francisco is my barbering shop name.it is located in berekum . i chose to do this because people come with their children to beautifing their hair i decided to do this as a job so that i can get something to eat and save some to continue my education. These services are useful because it is helping my family a lot because with the little that i get i give it to my junior sister to go to school and i sometime send something to my mum. i chose this kind of business because in our area there is no near by barbering shop. so i get those around to buy thing from me.
I decided to reduce my cost so that i can get more customers, because i am not having all the provisions needed in my shop. my capital is small and i need money to buy more machines to expand my business. i would like to use this platform to appeal lenders to invest in my bussiness to enable me to get money to continue my education. if i am given $100 a week i must get $25 to $35 profit a week, since people rush in to beautifing their hair
Upon getting the loan, i will buy more machines to meet the standard of modern shop. i assure you to use the loan sorely for this purposal.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Sep 22, 2016

Repayment status

On Time

Projected term

2 months

Lenders

The Zinc Team

San Francisco, United States

Ask Frimpong a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...