Loan for photocopier machine & pen drives
Richard
Berekum, Ghana
100% repaid
Entrepreneur
Name
Richard
Member since
August 2016
On-time repayments
160 installments • 38%
About Me
My name is Richard Nti i was born on the 31st day of october 1979 at Fetentaa-Berekum in the Brong Ahafo Region of Ghana.
I stated my education at Fetentaa meth. prim and JSS and continoued at Asankrangua senior secondary school where i had my sssce certificate.
I further went to Sunyani Polytechnic to persue a Higher National Diploma in Accounting.
After completing the above programme i was fining it difficult to get job, i wrote series of applications to some financial institutions but no avail.
In jan 2012 i find my self in Dalex finance and leasing co. as a sales executive
where i manage to establish my own business ie a computer shop with one computer and one printer in the Berekum municipality of Ghana.
Now business is growing very fast andi need more cash to support the business.
The Land of Ghana is very fertil and can support many thinks in Ghana.
I am a male single looking forward to get married in the next two years.
My favourate football team is Liverpoool in the barclays premier league.
My Business
The goods and services that i offered to peoples are making photo copies, printing of invitation cards, book binding, Letters,selling of pen drives and printing of examination question for basi schools.
These goods are daily used by people in ghana that is why i choose those goods.
The cost revenue is not static it can sometmes increase and can also decrease but average is around GHc 450 after all expenses ie one month.
The profit will take care of my children. on the other hand profit on this loan has been used in establishing school and is going on very well with me.
Loan Proposal
Dear Lenders
The first priority is that i will buy photo copier machine costing 400 dollars and six additional Pen drives costing 50 dollars .
The benefit of the above items is that profit margin will increase than the previous years and as such my workers will also get better pay to cater their wifes and children as well.
I expect that profit on will shoot up from 30% to about 60% a month and for the pen drives also will increase from 20% to about 40% if the loan is granted.
Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$412.00
Date disbursed
Apr 10, 2017
Repayment status
On Time
Projected term
6 months
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Summary
Amount repaid
$412.48
Amount remaining
$0.00
Date repaid
Oct 18, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 18, 2017 | $22.73 | Apr 18, 2017 | $22.73 |
| Apr 25, 2017 | $22.73 | Apr 25, 2017 | $22.73 |
| May 2, 2017 | $4.55 | May 2, 2017 | $4.55 |
| May 9, 2017 | $4.55 | May 16, 2017 | $4.55 |
| May 16, 2017 | $4.55 | May 23, 2017 | $4.55 |
| May 23, 2017 | $4.55 | May 30, 2017 | $4.55 |
| May 30, 2017 | $0.00 | ||
| Jun 6, 2017 | $0.00 | ||
| Jun 13, 2017 | $0.00 | ||
| Jun 20, 2017 | $1.14 | Jun 20, 2017 | $1.14 |
| Jun 27, 2017 | $1.14 | Jun 26, 2017 | $1.14 |
| Jul 4, 2017 | $1.14 | Jul 5, 2017 | $1.14 |
| Jul 11, 2017 | $1.14 | Jul 11, 2017 | $1.14 |
| Jul 18, 2017 | $1.14 | Jul 18, 2017 | $1.14 |
| Jul 25, 2017 | $1.14 | Jul 25, 2017 | $1.14 |
| Aug 1, 2017 | $1.14 | Aug 1, 2017 | $1.14 |
| Aug 8, 2017 | $1.14 | Aug 8, 2017 | $1.14 |
| Aug 15, 2017 | $1.14 | Aug 22, 2017 | $1.14 |
| Aug 22, 2017 | $1.14 | Aug 22, 2017 | $1.14 |
| Aug 29, 2017 | $1.14 | Aug 29, 2017 | $1.14 |
| Sep 5, 2017 | $1.14 | Sep 5, 2017 | $1.14 |
| Sep 12, 2017 | $1.14 | Sep 19, 2017 | $1.14 |
| Sep 19, 2017 | $1.14 | Sep 19, 2017 | $1.14 |
| Sep 26, 2017 | $1.14 | Sep 26, 2017 | $1.14 |
| Oct 3, 2017 | $0.00 | ||
| Oct 10, 2017 | $165.90 | Oct 10, 2017 | $165.90 |
| Oct 17, 2017 | $165.90 | Oct 18, 2017 | $165.90 |
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