Loan to buy a new printer to expand my photocopier business

Moses

Lawra, Ghana

30% repaid

Entrepreneur

Name

Moses

Member since

February 2017

On-time repayments

26 installments  •  46%

About Me

I have to move from my parents to stay with our landlord in the city in other to acquire formal education.
Though life wasn't easy but I strive and with advice from my friends I was able to sail through st.James preparatory school to adventist J H S.
From there I went to University For Development studies and graduated in the year 2014 with a second class upper division in bachelor of education.
During my national service I was able to save some little amount.
I later attended a career orientation seminar which was organized by the British council and for the first time I was enlinten and decided to start a business with the little I saved.

My Business

I am operating a secretarial business with a photocopier and a printer. My business is located nearer to a nursing training college.
The proximity of the business is very good and hence many customers as a result of a good customer care and a quality nature of my work.
I have currently employed two workers with the intension of employing more if I could expand my business

Loan Proposal

I have been able to rent a shop for my printing shop by the help of zidisha and will like to expand my business by buying a new printing machine to increase productivity since I already have a photocopier machine. This will expand my business and will give room to employ a new person to help do the work.
The loan will be used to buy hp scanjet printer. This will increase my proceeds at a quicker rate and hence increase my profit by approximately 20%.
Hope my proposals will meet your kind consideration

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$51.00

Date disbursed

Jun 26, 2017

Repayment status

Late

Projected term

3 months

Lenders

MarktheMormon

Sandy, Utah, United States

Laurie

Sry, Canada

K

Kenny

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Samson    Jan 24, 2018

    Asumah is very hard to reach

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  • Samson    Dec 18, 2017

    Please let us know what is happening

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  • Samson    Oct 27, 2017

    Please call me on 0247479262

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  • Moses    Aug 2, 2017

    I am very sorry for the delay in paying my loan. It was due to some pertinent issues, but I promise it will not happen again

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  • Samson    Jul 27, 2017

    I will contact Mr Asumah through his workers

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  • Moses    Jul 1, 2017

    I have received the loan I requested for and I've been able to buy a new printer. This is going to help me to expand my business. Thanks for the loan.

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  • Moses    Jun 25, 2017

    Thanks for the loan approved, i will purchase a printer to aid my business to grow

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  • Moses    Jun 18, 2017

    I was able to rent a new shop for my printing shop. These has increase my profit margin. My next loan would be used to buy stationery to feed my shop.

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  • Moses    Jun 5, 2017

    I have been able to open a new shop and hence the need to pay it earlier so that others may benefit from it

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  • Moses    May 7, 2017

    My business is booming and as a result I want to increase my installment so that others can also benefit from zidisha

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  • Moses    Apr 26, 2017

    I am very grateful for the loan granted, I will use the loan to rent a new shop for my new business. This become necessary because it is going to increase my profit margin.
    I am very grateful for the loan

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  • Samson    Mar 25, 2017

    Hi Moses
    Congrats. Keep it up

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  • Moses    Mar 22, 2017

    I am very much grateful for the loan granted. I will add some amount to it and buy a printer to expand my business. Thanks for the loan

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