Buying of computers into my cafe

Francis

Techiman, Ghana

16% repaid

Entrepreneur

Name

Francis

Member since

August 2016

On-time repayments

35 installments  •  46%

About Me

I am the tenth child in a family size of thirteen. My father retired from the security service when i was seven years. My mother had to stop farming because she was weak, she could not farm when I was at the age of eleven. I had made provision for my basic needs. my people are farmers . I endured all these which made to overcome these problems. After my secondary education,i engaged my self with an IT expert which made to acquire all these skill. I want my kids to become teachers , doctors and nurses to help the community where we live. At my leisure time I read books and also play football.

My Business

i help people in my community to get access to the internet since the world is now a computer world. it is very useful to the people because they print their books there, make photo copies and also help them to do their assignments. i chose this kind of business because it will help my community members to get first hand experience to the computer and also to become computer literates. the cost of obtaining the machines
to furnish the cafe will amount to 1000$. but since this is the only cafe there i have being receiving about 50 % as my profit , but hope to increase from time to time. i will use the the profit to cater for the family , expand the business and also provide for the needy ones in the community.

Loan Proposal

i will purchase extra computers,the printer i was using has broken down so i will buy an extra printer, i also need an extra scanner because the business is moving on smoothly, i will also buy two extra wheel chairs for people use,all this will amount to 55 dollars it will help my community members to acquire more knowledge in IT.it will also help me to open a new business with the profit which will help me to employ other members for them to get something to cater for their families.my profit percent will increase to 60%but hope it will move on further with time.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$58.00

Date disbursed

Sep 25, 2017

Repayment status

Late

Projected term

3 months

Lenders

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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