Buying spraying machine to spray chairs for sale

Sylvester Boakye

New Koforidua, Ghana

100% repaid

Entrepreneur

Name

Sylvester Boakye

Member since

March 2021

On-time repayments

15 installments  •  20%

About Me

My name is Sylvester Boakye. my hometown is Juaben in Ashanti Region. I completed Juaben Senior High school. I could pass and there decided to learn a trade in furniture work. I am married with three kids. Two boys and a girl. The girl wants to be a police woman there I m working hard cater for them them all. Back in school I used to play football.

My Business

I make furniture s like table, dinning table, office chairs, cupboards, wardrobes and other furniture products forsake. The passion I developed for this work started when my father died and I have to take over this business. This business is a very good good business as it generate profit. It's my dream of expanding this business and training apprentices that's the reason why I joined Zidisha.

Loan Proposal

I am applying for this loan to help me buy a spraying machine which would help me beautiful local made chairs made forsale. When the chairs are sprayed it makes them attractive to customers hence customers patronize my products very well. The profit I get from the business would be used in reinvesting I to the business.

Income Source

I would be paying from the profit I gained from selling of the chairs to my clients. I would also make sure I pay on time to prevent dafaults.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$159.04

Date disbursed

Apr 6, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $5.57

Credit risk payment: $11.27

Optional expediting fee: $11.27

Lenders

Los Wade

United States

C

ColoradoEmac

United States

J

Jon

United States

Paul Buchheit

Mountain View, United States

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  • Ivy Kumesi    Jun 19, 2021

    He has promise to settle the loan

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  • Sylvester Boakye    Jun 6, 2021

    market has been slow

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  • Sylvester Boakye    May 30, 2021

    I was very sick and taking this adjustment would really help me pay the loan

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  • Sylvester Boakye    May 24, 2021

    I am pleading for this adjustment to help me pay off my loan

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  • Ivy Kumesi    May 17, 2021

    He told me business is low but will make sure to pay soon

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  • Sylvester Boakye    May 13, 2021

    I was very stuck in some financial obligation and I am bouncing back small small

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  • Ivy Kumesi    May 10, 2021

    I have able to talk to him to adjust his payment if he can't pay all

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  • Sylvester Boakye    Apr 22, 2021

    Ghc 1173 was paid to me as loan and I very grateful to all my lenders for granting me this loan as I am going to use it to buy woods to make furniture.

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  • Sylvester Boakye    Apr 20, 2021

    I am going to use this money to buy wood to make furnitures and sell to my customers for profit and I want to thank my good lenders for this loan.

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  • Sylvester Boakye    Apr 20, 2021

    I received and a loan of Ghc 895 and it really helped me in my business. God bless all my lenders for the loan

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  • Sylvester Boakye    Apr 6, 2021

    I am going to use this money to buy a spraying machine to work and the good and it's going to help me well. Thank you to all my lenders.

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  • Sylvester Boakye    Apr 4, 2021

    I was able to use the loan to purchase tools that is helping me alot in my business.

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  • Sylvester Boakye    Apr 3, 2021

    I received a loan of Ghc 559 and I am going to use it to buy tools, thank you to all my lenders

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  • Sylvester Boakye    Apr 1, 2021

    What good day to have such a wonderful lenders to tend to support me in my business. I would always appreciate your kinfldnes towards. I would use this loan to buy missing tools and it would help me alot.

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  • Sylvester Boakye    Apr 1, 2021

    I received a loan of Ghc 348 and I really thank my lenders for giving me this loan.

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  • Sylvester Boakye    Mar 28, 2021

    I want to thank all my lenders for this loan. I really appreciate it as it is going to help me buy tools to work. God bless you all

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