Loan for renting a new place for my cybercafe
Isaac
Kumasi, Ghana
8% repaid
Entrepreneur
Name
Isaac
Member since
June 2015
On-time repayments
88 installments • 83%
About Me
My name is Isaac Asenso. I am one of seven children born into a Christian family by Mr Opoku Antoh and Mrs Comfort Boamah. Though my parents did not go to school due to their poor financial background they decided not to allow their children to pass through the same hardship.My father was a cocoa farmer and my mother used to help him on his farm any way she could. I quite remember that whenever my mom work for sometime, she would stop and walk through the farm to check if she could get plantain or cassava to prepare for us to eat. In fact, I owe them my life and who I am today. I was five years of age when I started school at kings and queens community basic school which was a very small school in our locality. It was about 5km away from home and we used to walk everyday to school. Early every morning my mom would cook some food stuffs with vegetable stew for us while father would be off to his farm. After we've eaten our breakfast my mom would wrap some of the food with leaves. That was the food we would eat till we come home around 3:30pm. It was this same school I completed my junior high school and at that time due to financial problems I was not able to attend school at that academic year. The next academic year my father was still in the financial crisis but he manage to send me to school with all he has and I didn't joke with my studies, and by God's grace I completed the senior high school, I passed examination well and from there I couldn't continue because death took my lovely dad from me, may his soul rest in perfect peace. My father's death was a big blow to my family because he was our bread winner. It was at that time our hardship aggravated since my poor mom was the only person left to take care of seven children. We had no option than to help our mom on the farm, putting aside our goals of furthering our education. About three years later one of my uncles took me the city where I started working as shopkeeper at one of his shops. I managed to raised some capital from my monthly payment to start something on my own.After three years a friend of mine introduced me to the cyber cafe. It wasn't easy for me at all but with God all things are possible, that was how I came out with an idea to established the cyber cafe business. Well the unique thing about the land I'm living on is a peaceful land, lovely land and one thing lovely is that we have about ten regions consisting of ten languages in the country and we have different cultures which are all admirable and also it has so many natural resources such as timber, cocoa, gold, diamond, magnesium, crude oil and others. My children wants to become a Doctor, lawyer,and footballer and my hobby is playing football, watching preachings and movies. These are something little about me thank you.
My Business
My business name is markgeez internet cafe which occupies about 13 computers located at Breman U.G.C and when I started this business I faced a lot of problems which wasn't but as the owner I manage to make things goes well but now I need some replacement of the computers and hoping that the replacing of these computers will make the busines flourish and for my cafe business people always come to browse but because some of the computers are not function well people came and some have to wait for one finish first before. So these problems I'm facing right now. I think with all these problems I still manage earn something at the end of the month which is about Ghs 300 at the end of the month. Cybercafe is a business I really love. This loan is going to help me increase my profit 35% and is going to support me to pay my children school fees and also do my responsibilities as a father, and also take care of sweet mother. I will also reinvestment my profit into the cyber cafe business to help the business grow. Thank you.
Loan Proposal
Please I need a loan of $ 670 for renting a new apartment for my cybercafe business. And with this loan I am going to use to rent a new place which is bigger than the one I am in right now. Thank you so much.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$471.00
Date disbursed
Oct 15, 2016
Repayment status
Late
Projected term
60 months
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