Loan to expand my printing press shop

Prince

Fiapre, Ghana

44% repaid

Entrepreneur

Name

Prince

Member since

August 2016

On-time repayments

24 installments  •  33%

About Me

It is really depressing to say this story. I always feel very sad. This happens a lot but no body can stop child labour or help stop child labour. Whenever I see a small child doing some labour I feel very sad I grew up in a poor society in Ghana, Both parents were very poor and some times very hard to find food and shelter, Sometime has to sell biscuits and handkerchiefs at the road side for a shop owner before I get money to pay for my basic education fees, though the money given to me was bad but still have to so that the family will get food and water to drink. Some times has to fetch water for some elders in the neighborhood so I can get a little amount to buy food. But I told myself I will never give up until the bones are rotten. I Study very hard at the Basic school and and Had A in all my subjects and all the teachers liked me and decided to help me. The Headmaster together with the teachers arranged to pay for my fees and God been so good I was asked to come to the boarden house too. I took my studies very serious and pass my basic education. I got admission to the high school and there a make a good grade, God was always with me. Pass through and Enter into the University. I read Computer Science . (BSc in Information Technology.

After my Degree, I wrote many application to many sectors looking for a place to work, but none, I said to myself to start my own little computer repairs where I used to repair computer, laptops and desktop computers on a table at the road side,I did it for some years and save little amount every week at the bank and rent a store room and started operating in a safe and secure place. Now I add a printing to the repairs and sales of computers and accessories too. The knowledge I acquire at the university had helped a lot in this my business, Anybody who will help to expand this business, I will be very happy and will do as the rules say and abide all its request.

My Business

I run a printing business in an area very close to three basic schools.These schools always print and photocopy their documents at my shop because they do not have printers .
this has placed pressure on the one printer i use at my shop.If I am granted the loan,i will buy a new printer and stationary to help meet the needs of these nearby Schools.
This will boost profit by about 50% and serve the needs of my customers and reduce pressure on the already existing printer.The prices of the items are given below.

Loan Proposal

Dear Lenders,
I wish to thank you for granting this loan to me, i have been receiving help in my small printing business. It has indeed boosted my business and my morale. I would like to request for a loan in order to increase my cash flow and to increase my stock. I still have the plan of buying a big photocopier machine! slowly and surely.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Aug 16, 2016

Repayment status

Late

Projected term

5 months

Lenders

M

Margaret

United States

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