Expansion of business

Patrick

Agona Swedru, Ghana

100% repaid

Entrepreneur

Name

Patrick

Member since

August 2017

On-time repayments

32 installments  •  94%

About Me

My name is Mr. Patrick Kugblenu. A man of 37 years of age and a Ghanaian by birth. I am married with two lovely kids. We (family) all live in Agona Swedru, Central Region of the republic of Ghana.

I hold a Bachelor of Business Administration in Human Resource Management from Pan Africa University College, Winnaba, Ghana.

My Business

As a young man who wants to build a bright career, I started my own stationary and printing shop near my residence at Agona Swedru in the Central Region of Ghana with a start-up capital of GHS 3,000.00 in the year 2013. I started in a small shop and by the grace of God, my business is expanding.

The business is located at a strategic place (i.e. near a community school with a population of about one thousand (1,000) pupils).

It is my vision of creating (opening) more branches and adding different business line to the existing stationery shop that I own.

Loan Proposal

I need a loan to expand my business. Currently I am operating with a small working capital over the past 4 years since I started my business. Acquiring a bank loan is not an easy task at all in Ghana. Banks demand for hug collaterals which I cannot currently provide.

I therefore pled with the various noble lenders to help increase my working capital through debt financing. Thank you all

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

Aug 18, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

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