Buying tools to work

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 tools to work. I have alot of missing tools in my tool box that needs replacement. I normally borrow some kind of tools from my friends to work which delays my work. With this loan I would be able to work well and serve my customers.

Income Source

I would be paying the loan from the sales of chairs, tables and other wooden materials I make to sell to my customers. I would also make sure I pay on time to prevent default.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Mar 28, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $2.15

Credit risk payment: $5.70

Optional expediting fee: $4.30



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