Bed and shoe standings

Asum

Dormaa Ahenkro, Ghana

100% repaid

Entrepreneur

Name

Asum

Member since

August 2017

On-time repayments

25 installments  •  76%

About Me

I was born in nkrankanta in the Dormaa west. Start school at rc basic . I was not academic good so my parents ask me to learn a trade. So I told them I woodwork .they send into it to learn furniture making. My mother passed away 4 months I started learning so things became hard so I wanted to stop but I asked help from my Master and he agreed to help me. I completed work 4 years and my Master let me do work and pay for 2 year to get capital to start my own business which I did. For my people if you are hardworking they like you. I married with a son who want to be a teacher. My hobby is leaning new things in woodwork.

My Business

I do beds,table and chairs. Dinning sets, stuffed furniture... All with wood. Because my people like it. I saved gh¢1000 at bank so the bank add gh¢500 as my capital to start my own business. But for now I my own capital of gh¢6000. I reinvent part of my profit and part care for myself, my wife and kid.

Loan Proposal

I will like to buy redwood board 30 one cost $10, nails different inches cost $50, machine workmanship cost $14, tinner, vanish, sandpaper cost $15. I want to make 3 king size bed, 2 queen size bed and 5 double bed, and 6 shoe stands for my customers. This will help my business and comfort my customers. I will make a profit of 16%.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

Mar 24, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

CC

Carl Corvin

United States

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