Lamination machine for my business centre

Ebenezer Dauda

Zebilla, Ghana

100% repaid

Entrepreneur

Name

Ebenezer Dauda

Member since

July 2016

On-time repayments

197 installments  •  27%

About Me

I am the first born of Mr. Appiah Dauda and Madam Cecilia Boadu. I have two siblings, a girl and a boy. Life was tough for my family when my father joined his ancestors before I attained age eight. My mother who I affectionately call 'Yaa Asantewaa' (a brave woman in the Ashanti kingdom who led the Ashantis into wars in centuries back) passed through a lot of suffering and perseverance to see me through my education from primary school up to the college level. Despite these challenges, I studied hard to pass all my examinations once and not to let my mother suffer in vain and also take the mantle of sponsoring the family from her.
Currently, I am married with a son and now the backbone of my family.

My Business

The name of my business is Adoma Printing Business Centre. It is located about 2 kilometres away from the southern part of the Zebilla central market. I offer typing, printing and photocopying to the neighbourhood and other customers around. This business is high in demand because schools type, print and photocopy examination questions for their pupils whereas individuals come in to get their various documents typed and printed.
From the profit gotten, that is what earns my family a living. I take care of my family's needs from the income that is generated from the business. I pay for rent, water and food. I am in Valley View University now offering Bachelor of Education in Information Technology on a sandwich programme (during vocations). About 50% of the profit is always reinvested to boost the income level of the business.

Loan Proposal

Currently, I loose about $10.00 a day for lack of lamination machine and its film (lamination film). I will use $38.00 to buy a lamination machine and the remaining $9.40 will be used to purchase a lamination film which will boost the income level of the business because customers who come for such services can now have them rendered to them. It will in the short run increase my business capital and get the business expanded in the long run.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$48.00

Date disbursed

Jul 22, 2016

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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