Doing business to fund my law degree

Samuel

Bawku, Ghana

100% repaid

Entrepreneur

Name

Samuel

Member since

January 2017

On-time repayments

53 installments  •  49%

About Me

My name is Samuel Mensah from Bawku municipality in the upper east region of Ghana. My parents are both Ghanaian and they all hail from Bawku in the upper -east region. They have eight children together and i am the second born among them. I attended St. Thomas preparatory school where i sat for the Basic Education Certificate Examination and passed with distinction. I then proceeded on to Bawku senior high school as a day student and because i was very hardworking and took my studies seriously, i graduated as one of the best student in the school. Though i have excellent grades in the West African Senior School Certificate Examination, i am still at home doing some business to raise money for my university education. My parents are farmers and they suffered post harvest losses which has affected their finances and as a hardworking boy i decided to try hard and get money to support my parents take care of me at the university. I want to read law at the university and I am trying hard to achieve this aim. I am hard-working gentleman who has the aim of managing and owning chains of businesses. I operate a printing press shop with a photocopy machine and one desktop computer. I want to procure new computers and photocopy machines to expand my business. In addition to my printing business, i also sell sachet water to people and the business is doing very well and i am sure Zidisha will help me to enlarge my business so that i can realise my dream of becoming a lawyer in the future.

My Business

My business is a printing press business and am able to generate enough money daily to cater for my basic needs and also save part of it so that i can enter the university without any financial burden. I sell sachet/Pure water in addition to my printing business and is very lucrative and attractive as town folks come on daily basis to buy drinking water from my shop.
I need the money to expand my business in order to generate more revenue and to improve my living conditions and the condition of others. The dividend from my business has help me a lot in meeting my daily demands and getting money also to do my part time computer training course. For my printing business, I generate between 70-100 dollars a week depending on the volume of printing works i do. For the satchet water business, when i buy 200 -300 dollars worth of goods, i make 100-180 dollars a week. The profit is re-invested into the business to grow it.

Loan Proposal

I will use the loan to buy more printing papers and procure sachet water to sell and raise the needed amount of money to fund my law degree i intend reading in the future.
I need about 400-500 dollars to get this done to improve my business and generate the needed amount of revenue to expand my business and also to fund my university degree without any difficulty. The loan when given will help me to get money for the expansion of my business and this will help improve my life and the life of many others.
My business will see a major facelift and my revenue will increase substantially when am offered this loan. My revenue will double when am granted this amount i am requesting for.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$414.00

Date disbursed

Jul 28, 2017

Repayment status

On Time

Projected term

22 months

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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