Equipment for making furniture

Solomon Sodole Kwaku

Asankragwa, Ghana

Loan disbursed

$0 to go

100% lent of $265 goal

0

days left

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Entrepreneur

Name

Solomon Sodole Kwaku

Location

Asankragwa, Ghana

On-time repayments

65 weekly installments  •  82%

About Me

I am Solomon Kwaku Sodole, I completed junior high school in the year 2008,my mother died when I was 12 years of age, My biological father who must take care of me also went away because, there was a broken marriage and my sister took me so that she will manage my needs and shelter me. I was staying with her for about 19 years and half. She managed me to complete senior high school in the year 2012,After my school I have to do something for a living and that is my carpenter work. I learned the carpentery work from my sister"s husband for 3 years before established my own shop.

My Business

Carpentery work is my business for living, my carpenter work is basically based on furniture and selling of woods in my shop, I manufacture things like all size of wooden beds, dinning table, coffee table, center table, irony boards, television stands, kitchen cabinets, dressing mirrors and tables,a lot of product made by me. I have two apprentice to enhance my work faster.

Loan Proposal

My lenders, honestly I will use the loan to buy wood actually this season is a rainy season, and time like this seasons wood becomes very expensive, that is why I want to buy wood,and keep it for work, I will then by ingco screw driver machine, to speed up my furniture works. My business will grow faster if am able receive this loan. Thanks.

Income Source

Being honest and sincerely to you, in furniture works, there are a lot of things to be done to support my business, such as kitchen stool, choopping table, which can be made to make payments on next coming weeks. Thanks.

Feedback

1

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  • Stephan W    Jan 24, 2017

    Solomon was the borrower every lender wants to experience: He repayed every installment on time and posted regular updates!

    I will very gladly lend again if he posts a new application.

    Log in to reply • Share


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Loan Info

Disbursed amount

$265.92

Date disbursed

May 6, 2021

Repayment status

On Time

Projected term

2 months

Cost of loan

Service fee: 5% of $265.92 = $13.25

Credit risk payment: $45.06

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