Entrepreneur
Name
Jeremiah
Member since
February 2021
On-time repayments
17 installments • 47%
About Me
Am Jeremiah Biney w hiho stays at Atimatim, in the Ashanti region of Ghana. I come from Ekumfi Otuam in the central region. I am 34 years old. I am from the fante tribe and also speak additional languages such as , English, Ga, and Twi. Am also of the Christian religion. I had my tertiary education at Takoradi Polytechnic, where I studied Accountancy and completed in 2010-2011 academic year. I did my national service at Bepaose Methodist primary where I taught mathematics and Information and Communication Technology. After my national service . I have worked with institution such as Bepoase State College as a Financial Accounting , Cost Accounting and Business Management teacher, Daybreak Trading Enterprise as an Accountant in Adum, Kumasi, Omad 7 Consult, as a marketing manager, Sky Opportunity Consult as a branch manager. I own a kente business named as Bineybest kente consult in the Ashanti region and Central region. Currently, am a teacher at Adonia Angels Academy at Maakro in the Ashanti region.
My Business
My business name is BineyBest Kente Consult established in August , 2018. Am head of operation is in Bepaose, where I had my national service. I also have another branch in the Central region . My core business in this field of kente is that, I weave the kente and also train others and upon they perfecting the work I award some of my kente contract to them. I produce quality kente for wedding, funerals, festivals, naming ceremony, inauguration ceremony, Thanksgiving service, anniversary among others. I look forward to expand my kente customer base gradually to meet the demand of the target market on a timely delivery. Currently, my workers in Ashanti region amount to 5 while in the Central region, they are all undertraining hoping to graduate them for full scale of work
Loan Proposal
This loan will go into the purchase of raw kente materials. This purchase is to have an advance materials in stock in order to meet the timely needs of my customers and to be able to maintain them for future orders. Moreso, it will help me in quickly delivery on behalf of customers who needs the kente clothes but are not financially sound to make a deposit so we start the work for them.
Income Source
This business usually takes an advance of deposit depending on the amount involved to complete work. As a result, each order to be carried out will have to have some amount deposited before we start. This enable my business to retrieve the amount owed by customers with little difficult and business continue with ease. This initial deposit reduce the total cost to be paid and capital would not be locked up, hence the ability to pay my loan is assured.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$18.00
Date disbursed
May 29, 2021
Repayment status
On Time
Projected term
4 weeks
Other loans
Lenders
Milwaukee, Wisconsin, United States
United States
United Kingdom
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