Loan to expand my barbering shop

Mathias

Ashaiman Zenu, Ghana

100% repaid

Entrepreneur

Name

Mathias

Member since

January 2016

On-time repayments

171 installments  •  77%

About Me

Am Mathias tamakloe, living in Ashaiman Zenu .
m a young man of 30years of age who completed zenu d/c junior high school in 2000 and proceed further to chemu senior high where i obtained a 3 years course in General arts but due to the early death of my farther i could not further my school,i worked as store keeper for 5 years.
in process of working the company i often go to a nearby barbering shop besides house to learn how barber as an additional tread to my carer,i did learn barbering for two years i graduated to become a professional barber.
After i complete learning the tread i stop the job and set up my own barbering shop.

My Business

MY business is a very competitive in the area of beauty
I deliver good and quick service to my customers in the community.it is one of the fastest business growing community in the country.
On week days i often gt close 20 customers that come to my barbering shop to get their hair cut,and on weekends it increase to 30 customers.
i make at least 150 ghs every week if am more customers on weekends. i plan to expand my shop to accumulate more customers .
customers do come to my shop to get their cut because the price i charge per head a is bit lower than other barbering shops.

Loan Proposal

I will use the loan to expand my barbering shop and also buy machines for the shop.
i need to buy metal plates if i am to get my first the expansion and the machines are estimated to be 900dollars.
i also have to employ two workers to assist me to business going if am able to expand the shop.
i will also use the the opportunity to train young and up coming ones in case they are not to further their education ,it will at least give then skills after school.
i hope and pray my proposal will meet your kind consideration and assist me to reduce unemployment and alleviate poverty in my community by expanding my shop to give training to the young ones.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jan 26, 2016

Repayment status

On Time

Projected term

11 months

Other loans

Lenders

RobinW

Bonn, Germany

DocHolliday

Legend, United States

PG

Paul Graham

United States

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