Loan for my barbering shop business

Frimpong

Berekum, Ghana

100% repaid

Entrepreneur

Name

Frimpong

Member since

September 2016

On-time repayments

107 installments  •  59%

About Me

Frimpong Francis is my name. I am a young man of twenty four years old. I went to Wamfie Presbyterian Primary and JHS. After complering junior high school, I was not able to further my education. Is because of my parents have no money to take care of my education.

I Staying in the house for about two years, I get opportunity to learn photography from my father's junior brother. Not only did I learn photography by also learn shaving. I am now a photographer and a barber. This is how I overcome hardship in life.
The people in my community are hardworking. Minority of the are fermers. The festival they celebrate is called Kwafie.
The children in my community wants to be entrepreneur s when they grow others want to be public servants as well.
The hobby I like best is football. Football is played by two parties with each party having eleven players. One party occupy one side of the football pitch while the other party occupy the other half of the pictch. The game is played in ninety minutes. At the end of the ninety minutes, the team this has scored more goals thant the opponent is declared winner of the game.

My Business

I am a photographer and a barber. I have a shop in which I do this business. I have many customers in my community. I have advantage over my competitors because I charge moderate amount for my services.
It cost $400 to run my business on monthly basis. The revenue I generate is $25 on daily basis
I use my profit in investing in cocoa farm. Part of the income is donated to orphans.

Loan Proposal

I am in need of more sterilizers at my barbering shop which is of more importance in my babaring shop business.shaving of hair business requires serious attention as far as the tools that will be used are concern.due to this serious care must be taken because after shaving every hair the machines need to be sterilized before using it on another person.the cost of the sterilizer is 130 dollars.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$133.00

Date disbursed

May 3, 2017

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

A

Ansgar

Australia

PG

Paul Graham

United States

Eszti

Budapest, Hungary

J

James

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

T

TP

United States

Ask Frimpong a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...