Expand my business

Asante

Berekum /brono Ahafo, Ghana

75% repaid

Entrepreneur

Name

Asante

Member since

June 2015

On-time repayments

114 installments  •  55%

About Me

Am Asante Enock of about 25 years old. I started the business with a low money so i thereby need your support to buy some machines.
Am in need of drill machine, milling machine hitting machine etc so if you can be in good aid help me purchase such machines for my work. my main aim is to expend where am working now with my dad so that we can also sell some of the accessories for the work to move a higher than what is it now. Am also hoping that with the help of you i can sell everything that it needs in other to attract costumers and contractors who will like to purchase some products for their work. I will also use some of the money for advertisement for those at far far place will also hear what i have to offer those who are willing to have either sliding door or sliding window for he or her self. I have completed senior high school. I completed junior high school in the year 2007 and with my passes i went on to senior high school at Berekum senior high (BESS). Life they say is war is a real thing indeed because when i completed the junior high school, it wasn't easy. But the almighty was alive i was able to further it to the senior high too . But from there , life was really war as some scholars said it. What to eat was a problem because we are eighty in number and the 3rd born to the family so it wasn't easy at all. Looking at the hardship that the family was facing and a friend introduce me to the work and how it will yield for me. But initially my dad was in it already but he never describe its usefulness to us because he has a motive of schooling for us all but due to some financial problems. The culture here is that the costumer gives you half of the money to start and he /she will be exerting you to finish before he /she pays the rest. And the way things prices are raising now and then that made me seek for your help and support. Am single as i speak now so dear one i don't know. Hmmmmmmmm am once a footballer far back in my schooling. I hope my proposal will be granted. Thank you.

My Business

Is all about glass work. Sliding doors ,sliding windows, hug doors etc.
we also have pop-it for churches offering bowls etc.
We have dressing mirror, TV stand and many more of glass work. My business is located in the Brong Ahafo Region , Berekum to be precise. You can also locate us on the Berekum Sunyani road. Opposite the seventh day Adventist church Berekum. We are very close to one private school named Stop Over Preparatory School. like i was saying you can also locate us in front of Ghana Water Company besides God's Way Canteen . The name of the shop is King Solomon Aluminum Works which lead by one Noble and God fearing man,He is an Elder too. He worshiped in the church of Pentecost Berekum Kato Assembly. A presiding elder at the south district. He is my dad as well. We have a motive of serving our costumers with the best combination and a very neat and good job as well. We always want our costumers to have trust in us . like i already said that we are the dealers in all glass activities that you can think of, windows, doors pop it,showcase,sieve , TV stand , wall-drop, dressing mirror , decoration of banks with glass work , offices, houses,etc. The for choosing this as my profession is that , since the world in which we live now is gradually moving, we Africans also needs something good and attractive too. And also decorating with wood is fading out of the system now so with such privilege that makes me join such work as my goal profession. I started with a very little capital because after the contractor has giving the work, what you need to do is to give him the estimate of the work and you negotiate with him / her with your past good and neat work done to others to convince the costumer so that the job or the work will be yours. But before that you need your own machine that you can work with,(that is , milling machine , cutting machine, drill machine and hitting machine as well ). Oh the profit is quite cool that carter till the next contract comes. But my motive is use the profit to expand the business and again to reinvestment. This time i would you to increase my money so that i can expand my business.

Loan Proposal

I will like to use the money (loan) to buy for myself some machines that will aid the fastness of the work. Items like Drill machine, hitting machine and milling machine.
This time round i need cutting machine and it will cost 900 dollars, milling machine is 100 dollars and the hitting machine too is 150 dollars.
It helps the beauty of the work.
My profit will increase through more contract coming.
Since the first loan wasn't enough for i was able to purchase only one machine that was the drill for drilling holes in the profiles.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$58.00

Date disbursed

Jan 19, 2016

Repayment status

Late

Projected term

21 months

Other loans

Lenders

IM

Isak Maaseide

Tromso, Norway, Norway

dlpringle

Denver, United States

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  • Asante    Jun 28, 2016

    i have encountered some problem so i cannot afford to pay the schedule that i made to pay due to home broking

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  • Asante    Jan 21, 2016

    I got 216 Ghana cedis and am going to used it to buy credit before I can buy some machines for my work. I thank the team for the loan although it was small but I will manage it like that thanks so much.

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  • Asante    Jan 15, 2016

    i will be very grateful if there will be an increase like i have some machines to buy like hitting machine and milling machine out of the money giving to me. it will aid in good work done and make things fast for me.
    i thank you all for a loan giving to me to expand my business.

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  • Asante    Jan 10, 2016

    My aid of the loan fund is expand my business to next level. The loan fund will add more costumers to the already costumers that i have.
    The helped me a lot to start some business of my own and also to engage to how business is and how to react with costumers as well. Since i started with a very little money, the income is not all that huge to think of that is why am praying for something big this time and to earn big income this time. This is because if i was able to start with a huge money from you ,i would be earning a big sum of income. Am the elderly son of my parents and due to some hardship that the family went through i choose to take business so that my family will benefit from me fast. Am Asante Enoch with the age 25 but by April 8th this year i will be 26 years old. We live happily in the house of many people since we do rent somebody's house. We are six in all ,three boys and three girls. We have good living with our fellow tenant in the house.

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  • Asante    Jan 7, 2016

    I want to expand my business and also increase my machines bought for the first time. I hope you will help me with the second loan to achieve my dream.

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  • Asante    Nov 7, 2015

    This is because the number of costumers has been reduced.
    The work is now common in the town so that they giving the work according whom you know.

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  • Awudu    Sep 24, 2015

    Dear Asante,

    Thank you for being a borrower on the first peer-to-peer micro-lending platform, building direct connections between borrowers and lenders across the globe (Zidisha).

    I am happy that you have been assigned to me as your Volunteer Mentor (VM). I am very grateful to have the pleasure of being a part of this organization (Zidisha).

    I hope you and your families are enjoying the loan you received from this noble service (Zidisha). It is my belief that your business probably is growing well. You didn’t go for a bank loan, which could have required paying back more in interest than the capital amount. Instead, you chose to receive an affordable loan from Zidisha to help your business grow. And, today, just look at how your business probably is running better than you expected. This is so amazing!

    This platform also is here to help you to expand your business, and to help you not worry much about business collapse. Our dear Lenders extend their generosity and express their desire not just for your business to succeed, but also for you to enjoy your life. Some borrowers and lenders even become real friends on this platform. :)

    I would be very grateful if you would continue to make payments according to your repayment schedule. Lenders on Zidisha contribute to you from the bottom of their heart, and truly want to help you to overcome your challenges. Please, the fund that our Lenders use to lend to you is the same fund that they use to lend other borrowers. So, if you don't repay the loans they extend to you, then they cannot extend future loans to others. This is the way it works.

    One person has reaped a large harvest, but today we all are sharing in it. Who is that person? That person is our beloved founder (Julia Kurnia). May the Lord Almighty bless her (Julia) and give her more knowledge and a long life. May the Lord Almighty also bless all of our Lenders, always.

    Thank you for being a part of and enjoying this noble platform, Zidisha.

    Awudu Yahaya
    Volunteer Mentor

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  • Asante    Sep 10, 2015

    I made my first payment with a different account so can I have it back when I give the number out for you.

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  • Kojo Okyere    Jul 16, 2015

    My loan is 8% funded and I am still left with $267 to be fully funded. My loan is left with 3 days to expire and I am pleading with all lenders to come to my aid. Thank you.

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