Name
Theophilus
Member since
December 2017
On-time repayments
34 installments • 50%
My name is Theophilus Appiah-Antwi and i am a professional teacher. I have been teaching for 10 years now. Apart from teaching i produce books and sell them to school children. I started this business when i realized most books on the market are unreasonably expensive. I have been producing books for about 7 years now. It was hard at first but now things are getting better. Profits from sales are used to expand the business and also used to support my family.
I design the books on my computer and take them to the print house for production. Since I am a salary worker my income comes from loans I take on my salary. I usually don't get over extended since sale from the books are encouraging.
This loan will be used to support the production. Books production in Ghana is a little tricky. After mobilizing funds for the production one must set aside a certain amount to meet other external cost. That his what i intend to use this loan for. By doing that, the production funda stays intact and am able to complete production on time.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$113.00
Date disbursed
Jun 8, 2018
Repayment status
On Time
Projected term
8 weeks
Other loans
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