Buying paints

Philip Kwadwo

Asokore Mampong, Ghana

100% repaid

Entrepreneur

Name

Philip Kwadwo

Member since

April 2021

On-time repayments

8 installments  •  25%

About Me

I am Philip Kwadwo Afuakwa a married man with four children. I grew in Juaben in the Ashanti Region. Ashanti's are made of different clans and I am from the Oyoko clan. The Ashanti kingdom has a golden stool which United all people under one umbrella. Growing up from a farming community was not easy as out main source of income was the cultivated crops the we sell. This made my parents find it difficult to help us further my education to the university level, so I decided to learn a profession in painting and I am now one of the best painters in my community. As I grew up from a humble beginning I want to impact the same knowledge to the youth so I have three apprentices that I am working with. In school I was good in running 100meters.

My Business

I am a professional painter who paints buildings like schools, homes or any other. I also sell paints to various customers according to their request. when paints are purchased I get profit and when one also demand for painting of his or house, school, companies, I charge them depending on the nature of of the job. this job is done through the week as customers always demand for.my services. I raise profit from this business and reinvest back into the business and also use some for family expenses.

Loan Proposal

I am applying for this loan to help me boost stock in my painting business. The demand for paints is very high and with this money I would be able to boost my profit and would be able to serve my customers demands for paints. This will enable me to increase by profit margin in my business. I would reinvest the profit back into the business.

Income Source

I would pay the loan from the money I get by giving services to my clients on daily basis. I can also pay from the profit I get from the selling of the paints.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$61.00

Date disbursed

Apr 14, 2021

Repayment status

On Time

Projected term

1 week

Lenders

Urszula

United Kingdom

PG

Paul Graham

United States

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