Planing machine & wood to make furniture for schools

Samuel

Sunyani, Ghana

0% repaid

Entrepreneur

Name

Samuel

Member since

March 2018

On-time repayments

47 installments  •  45%

About Me

I am Antwi Samuel born to peasant farmers in the Brong Ahafo Region. I am a Ghanaian by birth. My parents did not send me to school at the early ages of my life. I gave them a helping hand at the farm since that was their occupation. I was later enroled in a basic school due to my passion for education . I have been able to progress from the basic level up to the University majoring in economics. Plans are underway to pursue master of philosophy in economics . I am extremely excited and would want to admonish all those from less previlage backgrounds to endeavor not to relent on their efforts

My Business

I am in to trading and carpentry. I sell door frames, window frames, doors, furniture of all kinds, beds as well as wood logs. I provide saw miling services to contractors, carpenters and timber merchants. At least I have 5 permanent employees and other casual employees who come to help from time to time. It is a wonderful business venture. My biggest constraint is inadequate funds to add value, buy equipment , pay salary and expand the business.

Loan Proposal

I will use the loan to planing machine, wood and leather materials for a large scale production. I am to supply furniture to some schools in my community in early September as school is going to be re-open.
I buy a planing machine that cost GHS800, wood GHS1000, leather material GHS 500 and the rest for salary of my workers GHS600 as well as cost of production GHS700

Feedback

None

None

2

  • Margaret    Apr 13, 2019

    This was a large loan and Prince has made no payments towards it for a long time. Nor has he provided any information as to why he is not making any payments.

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  • Julie    Dec 31, 2018

    Made a few payments and then nothing for awhile now.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$760.00

Date disbursed

Sep 5, 2018

Repayment status

Late

Projected term

6 months

Lenders

ErikN

Stockholm, Sweden

Pere

Barcelona, Spain

JimVandegriff

Trinidad, California, United States

L

leniwiec

Poznan, Poland

Freewolf

Salt Lake City, United States

John Minges

United States

P

Phips

Switzerland

B

BSM

France

M

Margaret

United States

JF

J Fister

United States

JH

Joseph Hwang

Houston, United States

D

Dave

Dropmore, Manitoba, Canada

Paul Buchheit

Mountain View, United States

TL

Tao Luo

United States

Jim Murray

United States

Stefan Koshold

Mülheim, Germany

Julie

United States

J

Netherlands

GA

Gal Ashuach

רעננה, Israel

KA

Kate and Tom

United States

Cambium Foundation

Kirkland, United States

A

Anne

Germany

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  • Margaret    Mar 11, 2019

    Hi Prince,
    Please make a payment towards your loan. You borrowed a large amount and skipped and reduced many payments. Zidisha is a golden opportunity to grow your business, please do not throw it away by not paying back what you owe to the lenders who had faith in you to do the right thing. Margaret

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  • Prince    Jan 30, 2019

    I have just called him and he had assured me to call back in the evening. So I will post another comment for him as soon as I get into contact with him in the evening.

    Thank you

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  • Nicholas    Dec 21, 2018

    He has been indisposed for some time now

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  • Samuel    Nov 17, 2018

    i have been indisposed for some time now

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  • Margaret    Nov 6, 2018

    Hi Samuel,
    Please make a repayment towards your loan, you have missed several. Lenders had faith in lending to you so please show them respect by making an effort to repay. Margaret

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  • Samuel    Oct 11, 2018

    I will be glad to use another network like registered Vodafone number to pay my loan

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  • Prince    Oct 1, 2018

    He had had some slight problem with his momo number and as soon as it is rectify he would be on track

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  • Samuel    Sep 27, 2018

    I am working to retrieve my registered MTN number but if it fails I will replace it with another number

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  • Samuel    Sep 5, 2018

    Thank you my wonderful lenders.
    I have just received my disbursement.
    I hope to use it to expand the business in a way of increasing the furniture production.

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  • Samuel    Sep 4, 2018

    Dear zidisha team
    I appreciate the enormous task at hand however my loan has been unduely delayed and has slowed down business due to lack of funds. I therefore plead with you to expedite action in the disbursement.
    Thanks.

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  • Samuel    Sep 3, 2018

    Dear zidisha team
    I appreciate the enormous task at hand however my loan has been unduely delayed and therefore plead with you to expedite the disbursement.
    Thanks.

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  • Samuel    Aug 31, 2018

    Thank you my wonderful lenders.
    My loan was funded successfully.
    I am looking up to the zidisha Team to also help in quick disbursement of the loan for my project.

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  • Samuel    Aug 27, 2018

    Thank you my wonderful lenders for successfully funding my loan. I will buy inputs for furniture production

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  • Jacey Hilbers    Aug 27, 2018

    Best of luck! Wishing you success with your business endeavors!

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  • Samuel    Aug 27, 2018

    I am hoping and trusting that my lenders will help fund the remainder of my loan before close of day today.

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  • Samuel    Aug 26, 2018

    Thank you for your encouragement.
    I hope so since my lenders have never failed me

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  • J    Aug 26, 2018

    I hope that the remaining part of your loan will be funded soon. Good luck.

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    • Samuel    Aug 26, 2018

      Thank you for your encouragement.
      I hope so since my lenders have never failed me

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  • Cordula    Aug 23, 2018

    I wish you the best success with your business!

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    • Samuel    Aug 23, 2018

      I thank you that you are following the progress of my business

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    • Samuel    Aug 26, 2018

      I thank you that you are following the progress of my business

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  • Samuel    Aug 23, 2018

    I need more lenders to support raise funds for my project as quickly as possible.
    My lenders have been phenomenal and I want to see it this around.

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  • Samuel    Aug 22, 2018

    I am inviting more lenders to support in funding my loan as I need funds urgently for production of furniture for schools this academic season which start first week in September.
    I will use the loan to buy planing machine, wood and leather materials for a large scale production. I am to supply furniture to some schools in my community in early September as school is going to be re-open.
    I will buy a planing machine that cost $170, wood $213, leather material $110 and the rest for salary of my workers $130 as well as cost of production $137.

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