Loan to buy equipment for my machines repairs

Philip

Zenu, Ghana

100% repaid

Entrepreneur

Name

Philip

Member since

February 2016

On-time repayments

126 installments  •  61%

About Me

My name is Philip Kudadji. I come Ada in the Dangme West District of Greater Accra, Ghana. I am young man 29 years of age,born to madam Faustina and Mr kudadji all from Ada .
I attended Methodist primary and later proceed to Methodist junior high school .
After my basic education my parents put into an apprenticeship where I learn a trade in Electronics repairs. My parents were very supportive although there were a lot of financial challenges.
After three years of my apprenticeship i graduated to become a master .
i worked with my boss for two years where I did save money and with support of my parents I opened my repair shop.
.

My Business

I succeeded in opening my own shop with thehelp of my family
I repair household appliances like DVD players,home theaters ,television sets,tapes etc. My dream is to use the states of arts equipment's in repairing machines at my shop .
i want to have these equipment because it is fastest equipment that will help me to do my repair works and complete them on time.
With this dream of mine i will be able to meet the demand of my cherished customers and also help me to expand my business by taking more jobs and completing them on time.
i will also get the opportunity to train young ones to become masters.

Loan Proposal

i will use the loan to buy state of art equipment to support my repairing shop.
i will buy repair equipment's like meter to detects faults on machines, set of screw driver set of ,pliers and also buy a generator as a stand-by power supply in case there is power outage in my community .
all these equipment's are are estimated to 800 dollars and also expect my business income to high buy thirty percent because my repair will be quick and convenient for my customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Mar 2, 2016

Repayment status

On Time

Projected term

25 months

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