Entrepreneur
Name
Samuel Colecraft
Member since
July 2017
On-time repayments
63 installments • 27%
About Me
My name is Samuel Colecraft and a native of Takoradi in the western Region. I'm a young,energetic and hardworking man. im currently living in Accra with my wife and kids. im a high school graduate doing my own business. i couldn't continue my education because i couldn't afford it and so started doing small scale business. i lost my job as a hotel caretaker and decided to learn a trade from a friend who was already in. i started as an apprentice and now im a master on my own. im now a steel bender able to take contracts and also dealing in the supply of building materials. examples are cement and iron rods just a few to mention.
My Business
i take contracts and also go on a day to day work. i also deliver building materials like cement, iron rods and sand for building. example if a bag of cent goes for 28.00ghc, i sell it at a price of 30.00ghc making a profit o 2.00ghc. moreover, these items are high in demand. also, if a trip of sand sells at a price of 1,200ghc, i sell it at 1,300ghc making a profit of 100.00ghc
Loan Proposal
I'll will buy more building materials with the money given to me. I will buy cements and iron rods. Example a bag of cement cost 27GHS that is 5USD and it can be sold for 30GHS that is 7USD
An iron rod depending on its size example 16mm rod costing 36GHS that is 8USD can be sold for 40GHS that is 9USD also making profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Jan 4, 2018
Repayment status
Late
Projected term
10 months
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PaulE Mar 28, 2019
Samuel Colecraft Sep 9, 2022
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