Distributing refrigerators and ceiling fans

Samuel

Berekum, Ghana

Funds disbursed

$1,275 to go

12% funded of $1,457 goal

0

days left

Entrepreneur

Name

Samuel

Member since

July 2015

On-time repayments

123 installments  •  97%

About Me

I am kyere Samuel from a town called Berekum in the brong ahafo region.i am 38 years of age.my parents are mr samuel okra and Madam sara minka.my father died when i was young 7 years so my grandparents took care of me .I started my basic school in Biadan methodist .i furthered my education to the senior high school in berekum secondary school.i got an admission into the university of Ghana but because my grandparents can't afford the fees i was not able to go.so i went to a man who repairs electrical appliances to help me lean to repair it.so the man accepted me to work wit him.i leaned the work for about five years and became qualified to open my own shop.the food i like best is banku and ampesi.the game i like best is hockey and basket ball.I am kind and also humble.I love every body body.

My Business

the name of my business is onyame adom electrical shop.i started this business some years ago with a capital of $200 .i started by repairing faulty electrical appliances like television,radio,electrical iron.standing fan and fridges etc.as time goes on i was able to raised my capital to $500 when working for 3 years in this s.so i have started selling brand new electrical appliances alongside repairing faulty ones from peoples who have faults in their old electronic appliances which i charged them to pay some amount of money.so i used this money i raised to purchase some new electronics for my shop which i sold to others.i also have four people whom i training them how to repair faulty electrical appliances.now i ought to enlarge my worked property to enhance catering for my brothersl.

Loan Proposal

Please dear lenders, I would be very thankful if you grant me another loan of $ 16050. I will be using it to purchase about 20 pieces of deep-freezer refrigerators and about 30 boxes of ceiling fans. This loan will help me take good care of my family and also employ at least one person to offer a helping hand. I expect the loan increase my profit margin by 85%. and this will help me to be able to cater for my children who are in school and my entire family. l will pay back the loan from the shop am operating thnak you

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Loan Info

Project Type

Classic Loan

Disbursed amount

$182.00

Date disbursed

May 25, 2018

Repayment status

Late

Projected term

4 weeks

Lenders

G

guenter

Bremen, Germany

Bobrm2k3

Charleston, United States

KJ

Kevin J Baird

Cleveland, OH, United States

R

Ryan

Albuquerque, NM, United States

Peter

Neu-ulm, Germany

M

Mary

United States

T

TP

United States

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