Loan to buy hair dryer for saloon

Alex

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Alex

Member since

May 2020

On-time repayments

6 installments  •  83%

About Me

Am I Alex Nsiah Kwarteng. I have seven siblings of which four are males and 3 are females. Am fair in complexion. Am about 6m tall. I started my elementary school in Adjakaa Manso Nkwanta number 1. From primary six I moved with my parents to stay in Kumasi in the Ashanti region of Ghana. I completed junior high school at Lake View Junior high school. I went to Konongo odumase senior high school. Am a businessman Now. I am married with one baby boy.

My Business

I have different kind of business which include provision store, Saloon operating, farming as well. I have hired labours to work in these projects for me and I do supervise the project all the time. I real goat as well. I get about ghs20000.00 a year. I paid my labours or workers with some of the income from my business.

Loan Proposal

I will use $20.00 to buy one small hand hair dryer to use to dry hair. I will use $70.00 to buy one large dryer to also dry hair. I will use $30.00 to buy human hair and sell at the salon.

Income Source

Even though we are in the vivid 19 pandemic season, most women and ladies come to the salon to make their hairs and prait their hairs as well. I will use some of the income from the salon to repay the loan taken. Aside the income from the salon, I can also sell some of the goat to do the repayment of my loan taken.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

May 17, 2020

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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

Loading...

Loading...

Loading...