Loan to finish my workshop

Jeffery

Kumasi, Ghana

15% repaid

Entrepreneur

Name

Jeffery

Member since

January 2018

On-time repayments

26 installments  •  54%

About Me

I started my childhood education at Joy Standard school. During my education at a point in time, things were not that going on well for my family so i had to do something to support my family. there was not option than to find something to do as i was a boy and there was financial problem. there was friend of my father who use to install the T.V dishes for people for money. I was initially assisting him as an apprentice. i did this for some time and later mastered and starting to install that of other by myself. After my SHS education and money was still a problem, i decided to concentrate fully on this job and has been doing that since. the unique thing on my land is the people in are hospitable to strangers and foreigners and also the land is full of natural resources. I am not yet having children but wish for the best for my children incase i should. My hobby is playing and watching of football.

My Business

I go to people who purchase these dishes and help them to install them in the houses.
it is useful as people enjoy the various channels of these dishes and due to this alot of people has interest in it since the normal countries channels are not many and do not telecast any good programs.
The typical cost of revenue of this now is about 10% as i wish for increase with time as my business progress. I will use the profit gain from this to reinvest in my business to earn more profit.

Loan Proposal

this loan would help me in so many ways first I'll buy the roofing sheets, nails and paint to paint the workshop. the roofing sheets is 100 dollars ($) nails is 5 dollars ($) and paint 10 dollars ($).it will benefit me a lot because people call me from home to come and do the work for them, to install the the decoder and the dish.
so if they call me and the network is poor or they don't get me on phone, I lose a lot of money that's why I need a workshop a place to serve as an office so that I will direct people, so people can come there and take me to wherever they want me to install the decoders and the dish. sometimes i go to a place and they ask me where is your office i told them i don't have one i lose customers.
So I believed that when I get the office, I'll have more customers and my earning will increase, I know it will help me pay back my loan, so please help me finish this office of mine, thank you zidisha and all those who have been of help to us thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$153.00

Date disbursed

Apr 30, 2018

Repayment status

Late

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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