Materials for making sofas

Asum

Dormaa Ahenkro, Ghana

Funds disbursed

$0 to go

100% funded of $209 goal

0

days left

Entrepreneur

Name

Asum

Member since

August 2017

On-time repayments

25 installments  •  76%

About Me

I was born in nkrankanta in the Dormaa west. Start school at rc basic . I was not academic good so my parents ask me to learn a trade. So I told them I woodwork .they send into it to learn furniture making. My mother passed away 4 months I started learning so things became hard so I wanted to stop but I asked help from my Master and he agreed to help me. I completed work 4 years and my Master let me do work and pay for 2 year to get capital to start my own business which I did. For my people if you are hardworking they like you. I married with a son who want to be a teacher. My hobby is leaning new things in woodwork.

My Business

I do beds,table and chairs. Dinning sets, stuffed furniture... All with wood. Because my people like it. I saved gh¢1000 at bank so the bank add gh¢500 as my capital to start my own business. But for now I my own capital of gh¢6000. I reinvent part of my profit and part care for myself, my wife and kid.

Loan Proposal

This load will support me to buy; leather materials 52 yards one yeard cost $5, different inches of royal foams cost $82, different inches of nails cost $20, five tin of glue $38, wood cost $15, to make a leaf sofa set for a customer. I am expecting my profit to increase by 17%

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Loan Info

Project Type

Classic Loan

Disbursed amount

$209.00

Date disbursed

Jul 25, 2018

Repayment status

Late

Projected term

6 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

G

guenter

Bremen, Germany

B

BigRosie

United States

MC

United States

Jane

California, United States

Jim Murray

United States

J

Netherlands

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