Investing into my paint business

Philip Kwadwo

Asokore Mampong, Ghana

100% repaid

Entrepreneur

Name

Philip Kwadwo

Member since

April 2021

On-time repayments

8 installments  •  25%

About Me

I am Philip Kwadwo Afuakwa a married man with four children. I grew in Juaben in the Ashanti Region. Ashanti's are made of different clans and I am from the Oyoko clan. The Ashanti kingdom has a golden stool which United all people under one umbrella. Growing up from a farming community was not easy as out main source of income was the cultivated crops the we sell. This made my parents find it difficult to help us further my education to the university level, so I decided to learn a profession in painting and I am now one of the best painters in my community. As I grew up from a humble beginning I want to impact the same knowledge to the youth so I have three apprentices that I am working with. In school I was good in running 100meters.

My Business

I am a professional painter who paints buildings like schools, homes or any other. I also sell paints to various customers according to their request. when paints are purchased I get profit and when one also demand for painting of his or house, school, companies, I charge them depending on the nature of of the job. this job is done through the week as customers always demand for.my services. I raise profit from this business and reinvest back into the business and also use some for family expenses.

Loan Proposal

I am applying for this loan to buy buckets of paints to sell to my customers.In my community the demand for paints is very high and with the support of the loan I would be able to raise my stock. This will help me to raise profit enough to support my business.

Income Source

I would pay from the sales money I earn each and every day and also I have some savings I can also pay the loan from.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.00

Date disbursed

Apr 25, 2021

Repayment status

On Time

Projected term

1 week

Lenders

PG

Paul Graham

United States

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