Loan to buy more plastic chairs to sell

Isaac

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Isaac

Member since

February 2017

On-time repayments

76 installments  •  53%

About Me

my name is isaac yeboah a first born of mr and mrs akoto from sunyani in the brong ahafo region. i have attended school at presby senior high in berekum. I couldnt further my education due to financial hardship of my parents, so i followed a family friend in his business who sells hardware in his shop for 4years.
so he gave me acapital as loan to start up my own business which i did an have repaid him back. Am married with one child , Living with my wife , daughter and my old mother.

My Business

i have started with buying and selling of phone accesories at lorry station, selling watches and chains . So i manage this job till i paid him back. But i didnt got it easy at all after my wife gave birth in operation form, icouldnt paid the bills because my income was not enough for my family.
so a friend introduce me to plastic chair business whose i hire a pick-up car and buy plastoc chairs and send them to the surrounding villages to sell , i got more customers because i only deal with quality ones, and also take them to there door steps this, make them easier way for the customers to get what they want without any extra fares. The chairs are cheap so it makes it easier for every body to buy one.

Loan Proposal

I will buy extra plastic chairs . Because i buy one chair 15cedis from the wholesale price and give it out 20cedis at retail price.
So with extra surport, i will get something higher.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$93.00

Date disbursed

Feb 22, 2017

Repayment status

On Time

Projected term

5 months

Other loans

Lenders

Humble Bundle Community

San Francisco, United States

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  • Isaac    Nov 25, 2017

    Please I can't pay instalment amount due because my car has developed a fault. I loaded my car for track and I had this problem, so I am still in a track,one of the villages around my home twon. So in good time I will increase it again thank you.

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  • Isaac    Oct 31, 2017

    With the help of loan l am making more improvement in my business. People even call me on phone to bring them some of plastic chairs and tables to buy

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  • Isaac    Sep 24, 2017

    My business have come dwon. Most of the customers are paying school fees and for that matter they are not buying things for me. Due to that I will not be abl to pay the amount due. Thank you.

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  • Isaac    Aug 23, 2017

    Thank you for funding my loan and I will make sure I do repayment on time.

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  • Isaac    Jul 4, 2017

    hello my great lender, i got a small car accident, that make me falling back in payment, promise to make payment soon.

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  • Isaac    May 31, 2017

    My business is moving on very well and I am hoping with your loan will help me increase my business very soon if my next loan is granted thank you.

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  • Isaac    Apr 4, 2017

    My business is moving on well so i want to increase my adjustment.

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  • Isaac    Feb 22, 2017

    Thank you very much for funding my loan, i will use this loan surpport my business by buying more plastic chairs for sale. This will generate more profit in my business. Thanks once again.

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