Loan for chainsaw, wood-planing machine & other tools

Benjeman Osei

Abura Dunkwa., Ghana

1% repaid

Entrepreneur

Name

Benjeman Osei

Member since

August 2016

On-time repayments

188 installments  •  4%

About Me

My dear lenders and the entire community, my name is Benjeman Osei and i bring you greetings from Ghana. I am a young hardworking Ghanaian who have come a long way since my senior high school days. I am in Carpentry Business. so i am a Carpenter . I did studied in National Vocational Training Institute the N.V.T.I in Cape Coast in the Central Region of Ghana, i offer Carpentry and joinery and right after my completion i decided to go into .Carpentry Business it was difficult starting but i got help and advice from my parents and friends.over the years it has be a very profitable business and is really raising too. i make a lot from this Carpentry Business and that has been my support base and my source of finance too.I spend a lot of time with my Education i read a lot about Carpentry Business and the market potentials for Carpentry Business .

My Business

produce furniture like tables, chairs, coffin, doors and wooden cooking utensils,These goods are very expensive and for that matter there is market for it everyday in my Country,I buy the timbers,paint and other machines that enhances my product,i have mostly exceeded my revenue budget by 43% every months, this profit keep growing my business everyday.I use part of the profit to take care of myself my parents, and also buy machines for my business and part goes into one small local saves scheme.I have 11 serious Apprentice that are ready to learn how they can manufacture there own product.I have 11 individuals that wont to learn from my business but my place is small for 11 people and a need more machines for practicals, now so i please need your help to expend my business so that people can learn how to make their own hand craft to get money to feed their families.
I please need your support to expands my Carpentry Business..

Loan Proposal

Chain saw machine ,wood planing machine ,cross cut saw , stamp pepper machine ,smoothing machine .
This is going to help me expand my carpentry business .
This will enhance the beauty of my hand craft .

Thank You very much .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$230.31

Date disbursed

Nov 25, 2016

Repayment status

Late

Projected term

42 months

Cost to entrepreneur

Service fee: $5.70

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