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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  • Mathias    Jun 15, 2018

    Hello lender's,
    I would like to thank you lender's for supporting my barbering business.
    With your loan, I was able to expand my barbering shop to accumulate more customers.

    Thank you

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  • Evans    Nov 9, 2017

    Hi lender's,
    Business was a bit slow for my assigned member that why you did not receive his repayments.

    Thank-you

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  • Mathias    Mar 7, 2017

    Hello Zidisha,
    I have started the expansion of my shop

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  • Mathias    Feb 28, 2017

    I want to reduce my repayments

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  • Mathias    Jan 24, 2017

    Hi lenders,
    i have received my loan and will used to purchase plats for the expansion of barbering shop.

    Thank you

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  • Mathias    Jan 16, 2017

    I will use the loan to buy metal plates and electrode for the expansion of my barbering shop

    Thank you

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  • Mathias    Jan 10, 2017

    I want to thank all lender's who contributed to my first loan funding.

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  • Mathias    Nov 8, 2016

    I would like change my repayment due to recent profit I made.

    Thank you

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  • Mathias    Jul 22, 2016

    Please Kindly permit me to change my repayment.

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  • Evans    May 13, 2016

    hi lenders i contacted mathias tamakloe on his phone and also made me understand reason he did not make repayments.

    he promise to make repayments this weekends.
    thank you.

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  • Mathias    Apr 10, 2016

    Hi thank you very much for your support and assistance in the the expansion of my shop.

    At first I have to tap electricity power from a nearby house before I can operate my babering business, but with your support I was able to purchase my own seperate metre from electricity company of Ghana.

    Thank you very much for your support

    God bless you all

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  • Mathias    Apr 4, 2016

    I want to change my repayment in other to save some money for my mothers hospital bills

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  • Evans    Mar 10, 2016

    I contacted him about his repayments and what he told me is that he feel sick and he couldn't go to his shop to work that why repayment was not made.
    He promise to make repayment this week-end.

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  • Mathias    Jan 30, 2016

    Hi lenders i have received my loan thank you.

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