Buying spraying machine to spray chairs for sale

Sylvester Boakye

New Koforidua, Ghana

100% repaid



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.





Loan Info

Project Type

Classic Loan

Disbursed amount


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


Los Wade

United States



United States



United States

Paul Buchheit

Mountain View, United States

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Amount repaid


Amount remaining


Date repaid

Apr 20, 2021


Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 14, 2021 $159.04 Apr 20, 2021 $84.41
Apr 20, 2021 $74.63