Loan to make another location sign-board for my shop

Amankona

Post Office Box 4 Berekum B/a, Ghana

10% repaid

Entrepreneur

Name

Amankona

Member since

November 2017

On-time repayments

82 installments  •  63%

About Me

I wish at this juncture to introduce my self to you am Amankona Albert, a young guy of 32 years of age, I completed my Senoir high education 2007 an due to financial situation I have been at home till now an I have started a babaring business so that I can earn a living and lso take care of myself. Is my dream to have a poultry farm in my life . Life without self employed is lifeless so due to that I want to start my own business so that I will not depending on my small salary for living

My Business

My business is a barbering business of which I started earlier and wanted to  expand it but due some financial restraints it was very difficult to do. My main source of income is currently earning from a small printing shop that I am working with.  And it is a monthly payment job, but it is not something substantial to drive home about. I earn about $50.00 a month and with this money I receive every month that I use to feed myself, pay utility bills, and managing to save some for my barbering shop.


So when I thought of going to a financial institution for supports, then a friend (Steven Asare Baffour) introduced me to your lending group for assistance.


Since I started applying for your loan I am more than convinced that your conditions attached to your loan is far, far favourable for anyone to grow his business. In contrast, the loans offered by the bank's in my country is around 30% pee annul, and by the time you finish paying it you may have collapsed the business because the loan plus the interest rate would be higher than investment and the profit margin from the business.

Loan Proposal

i want to use the money to print another location signboard and also published my shop on our town website to attract more customers to my shop, and also want to repaint and buy small gift as promotion for my customers this christmas

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$158.00

Date disbursed

Dec 10, 2018

Repayment status

Late

Projected term

9 months

Lenders

B

bileiro

Mandaluyong, Philippines

Freewolf

Salt Lake City, United States

moursund

Beaver Nation, United States

RS

Rich Stein

United States

Helen and Denis

Global citizens, United States

John

United States

R

Reüel

Netherlands

A

Atte

Netherlands

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