Buying wood to make furniture

Sylvester Boakye

New Koforidua, Ghana

Funds disbursed

$0 to go

100% funded of $206 goal

0

days left

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 woods to make furnitures like tables, stools, cupboards, wardrobes to sell to my clients. With this I would be able to increase stock and profit to help my business. Customers would also feel happy to buy from me because their demands would be met.

Income Source

I would be paying the loan from the profit I make from the selling of the furnitures. I also promise to make the payment ontime to prevent defaults.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$206.90

Date disbursed

Apr 21, 2021

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $7.34

Credit risk payment: $19.24

Optional expediting fee: $29.63

Lenders

D

Davieboy

Melbourne, Australia

Cloudways

Malta, Malta

CN

Craig Newmark

United States

A

Anonymous

United States

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