Business expansion

Samuel

Bawku, Ghana

100% repaid

Entrepreneur

Name

Samuel

Member since

January 2017

On-time repayments

53 installments  •  49%

About Me

My name is Samuel Mensah from Bawku municipality in the upper east region of Ghana. My parents are both Ghanaian and they all hail from Bawku in the upper -east region. They have eight children together and i am the second born among them. I attended St. Thomas preparatory school where i sat for the Basic Education Certificate Examination and passed with distinction. I then proceeded on to Bawku senior high school as a day student and because i was very hardworking and took my studies seriously, i graduated as one of the best student in the school. Though i have excellent grades in the West African Senior School Certificate Examination, i am still at home doing some business to raise money for my university education. My parents are farmers and they suffered post harvest losses which has affected their finances and as a hardworking boy i decided to try hard and get money to support my parents take care of me at the university. I want to read law at the university and I am trying hard to achieve this aim. I am hard-working gentleman who has the aim of managing and owning chains of businesses. I operate a printing press shop with a photocopy machine and one desktop computer. I want to procure new computers and photocopy machines to expand my business. In addition to my printing business, i also sell sachet water to people and the business is doing very well and i am sure Zidisha will help me to enlarge my business so that i can realise my dream of becoming a lawyer in the future.

My Business

My business is a printing press business and am able to generate enough money daily to cater for my basic needs and also save part of it so that i can enter the university without any financial burden. I sell sachet/Pure water in addition to my printing business and is very lucrative and attractive as town folks come on daily basis to buy drinking water from my shop.
I need the money to expand my business in order to generate more revenue and to improve my living conditions and the condition of others. The dividend from my business has help me a lot in meeting my daily demands and getting money also to do my part time computer training course. For my printing business, I generate between 70-100 dollars a week depending on the volume of printing works i do. For the satchet water business, when i buy 200 -300 dollars worth of goods, i make 100-180 dollars a week. The profit is re-invested into the business to grow it.

Loan Proposal

I will use the money to buy desktop computers, photocopy machine and other communication devices to expand my printing press business and also improve on the quantity of printing works in my shop. Am counting on you to help me achieve my aim. Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

Jan 24, 2017

Repayment status

On Time

Projected term

18 months

Lenders

PG

Paul Graham

United States

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

Loading...

Summary

Amount repaid

$96.75

Amount remaining

$0.00

Date repaid

May 3, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 31, 2017 $1.20 Jan 31, 2017 $1.20
Feb 7, 2017 $1.20 Feb 7, 2017 $1.20
Feb 14, 2017 $1.20 Feb 14, 2017 $1.20
Feb 21, 2017 $1.20 Feb 22, 2017 $1.20
Feb 28, 2017 $1.20 Feb 22, 2017 $1.20
Mar 7, 2017 $1.20 Feb 28, 2017 $1.20
Mar 14, 2017 $1.20 Feb 28, 2017 $1.20
Mar 21, 2017 $1.20 Mar 24, 2017 $1.20
Mar 28, 2017 $1.20 Mar 28, 2017 $1.20
Apr 4, 2017 $1.20 Mar 28, 2017 $1.20
Apr 11, 2017 $1.20 Apr 11, 2017 $1.20
Apr 18, 2017 $1.20 Apr 11, 2017 $1.20
Apr 25, 2017 $1.20 Apr 11, 2017 $1.20
May 2, 2017 $1.20 Apr 11, 2017 $0.24
May 3, 2017 $0.96
May 9, 2017 $1.20 May 3, 2017 $1.20
May 16, 2017 $1.20 May 3, 2017 $1.20
May 23, 2017 $1.20 May 3, 2017 $1.20
May 30, 2017 $1.20 May 3, 2017 $1.20
Jun 6, 2017 $1.20 May 3, 2017 $1.20
Jun 13, 2017 $1.20 May 3, 2017 $1.20
Jun 20, 2017 $1.20 May 3, 2017 $1.20
Jun 27, 2017 $1.20 May 3, 2017 $1.20
Jul 4, 2017 $1.20 May 3, 2017 $1.20
Jul 11, 2017 $1.20 May 3, 2017 $1.20
Jul 18, 2017 $1.20 May 3, 2017 $1.20
Jul 25, 2017 $1.20 May 3, 2017 $1.20
Aug 1, 2017 $1.20 May 3, 2017 $1.20
Aug 8, 2017 $1.20 May 3, 2017 $1.20
Aug 15, 2017 $1.20 May 3, 2017 $1.20
Aug 22, 2017 $1.20 May 3, 2017 $1.20
Aug 29, 2017 $1.20 May 3, 2017 $1.20
Sep 5, 2017 $1.20 May 3, 2017 $1.20
Sep 12, 2017 $1.20 May 3, 2017 $1.20
Sep 19, 2017 $1.20 May 3, 2017 $1.20
Sep 26, 2017 $1.20 May 3, 2017 $1.20
Oct 3, 2017 $1.20 May 3, 2017 $1.20
Oct 10, 2017 $1.20 May 3, 2017 $1.20
Oct 17, 2017 $1.20 May 3, 2017 $1.20
Oct 24, 2017 $1.20 May 3, 2017 $1.20
Oct 31, 2017 $1.20 May 3, 2017 $1.20
Nov 7, 2017 $1.20 May 3, 2017 $1.20
Nov 14, 2017 $1.20 May 3, 2017 $1.20
Nov 21, 2017 $1.20 May 3, 2017 $1.20
Nov 28, 2017 $1.20 May 3, 2017 $1.20
Dec 5, 2017 $1.20 May 3, 2017 $1.20
Dec 12, 2017 $1.20 May 3, 2017 $1.20
Dec 19, 2017 $1.20 May 3, 2017 $1.20
Dec 26, 2017 $1.20 May 3, 2017 $1.20
Jan 2, 2018 $1.20 May 3, 2017 $1.20
Jan 9, 2018 $1.20 May 3, 2017 $1.20
Jan 16, 2018 $1.20 May 3, 2017 $1.20
Jan 23, 2018 $1.20 May 3, 2017 $1.20
Jan 30, 2018 $1.20 May 3, 2017 $1.20
Feb 6, 2018 $1.20 May 3, 2017 $1.20
Feb 13, 2018 $1.20 May 3, 2017 $1.20
Feb 20, 2018 $1.20 May 3, 2017 $1.20
Feb 27, 2018 $1.20 May 3, 2017 $1.20
Mar 6, 2018 $1.20 May 3, 2017 $1.20
Mar 13, 2018 $1.20 May 3, 2017 $1.20
Mar 20, 2018 $1.20 May 3, 2017 $1.20
Mar 27, 2018 $1.20 May 3, 2017 $1.20
Apr 3, 2018 $1.20 May 3, 2017 $1.20
Apr 10, 2018 $1.20 May 3, 2017 $1.20
Apr 17, 2018 $1.20 May 3, 2017 $1.20
Apr 24, 2018 $1.20 May 3, 2017 $1.20
May 1, 2018 $1.20 May 3, 2017 $1.20
May 8, 2018 $1.20 May 3, 2017 $1.20
May 15, 2018 $1.20 May 3, 2017 $1.20
May 22, 2018 $1.20 May 3, 2017 $1.20
May 29, 2018 $1.20 May 3, 2017 $1.20
Jun 5, 2018 $1.20 May 3, 2017 $1.20
Jun 12, 2018 $1.20 May 3, 2017 $1.20
Jun 19, 2018 $1.20 May 3, 2017 $1.20
Jun 26, 2018 $1.20 May 3, 2017 $1.20
Jul 3, 2018 $1.20 May 3, 2017 $1.20
Jul 10, 2018 $1.20 May 3, 2017 $1.20
Jul 17, 2018 $1.20 May 3, 2017 $1.20
Jul 24, 2018 $1.20 May 3, 2017 $1.20
Jul 31, 2018 $1.20 May 3, 2017 $1.20
Aug 7, 2018 $1.20 May 3, 2017 $1.20
Aug 14, 2018 $0.48 May 3, 2017 $0.48

Loading...