Generator to protect my shop from power outages

Jonas

Nkonya Ghana, Ghana

100% repaid

Entrepreneur

Name

Jonas

Member since

November 2016

On-time repayments

89 installments  •  93%

About Me

My name is Jonas Okai and 27 years of age.
I had my primary education from at the age of six where i was first enrolled into primary one. Spend six year in primary school. From primary school i continue in junior high school and completed ten years ago. The support was not readily available at home and so i quickly catch my passion of barbering hair.
2014 i established my own barbering shop which serve people around my neighborhood and other places. Little did i know i was up for greatness, since the establishment of the shop i have never look back. The shop have become my daily life safer. I get my daily income from it and it well establish business.
I have devoted all my time and energy for this shop, although in between time do social media most time i am at my shop.

My Business

I run a barbering shop which belong to me.
On weekends lot of people come to barber their hair. I can boldly say Saturdays are my favorite because lots of costumers find time to come to barber hair. I have three guys who assist in the shop. They are not permanent workers because i cannot paid them. They mainly friends who will love to help any day this make saving costumer very fast. Although it in my plans to expand and create employment for other young guys who have the passion like me to earn their living.
The shop has four shaving machines used for barbering.
I used $400.00 in setting up the barbering shop and on average, i make $50.00 per week.
I used part of my income to buy consumables such tissue paper, sterilizer, repair of the barbering machine.
Part of my profit is used for savings to expand the shop in the near future.

Loan Proposal

I will like to appeal to lenders to assist my shop with generator cost $360
The power crises in the country has become very serious and has taken a negative effect on my shop, since the shop uses electricity to work. This is affecting my operations in the shop.
The generator will help the shop when the national power goes off, it will power my shop to provide frequently power to work with.
Work will go on very well, costumers will be saved and this will increase my profit since there will electricity every time to be used to operate the machine to work with.
I count on my generous lenders for this loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$346.00

Date disbursed

Jul 31, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

PaulE

Cockeysville, MD, United States

MarktheMormon

Sandy, Utah, United States

Richard

Shrewsbury, United Kingdom

V

Vivek

Arlington, VA, United States

Dan Brinkman

Lynden, WA, United States

Ed

Howells, United States

GA

Gal Ashuach

רעננה, Israel

DD

Dixie Davis

Kyle, United States

J

Jason

West Palm Beach, United States

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