Loan to increase working capital

Emmanuel

Agona Swedru, Ghana

100% repaid

Entrepreneur

Name

Emmanuel

Member since

February 2018

On-time repayments

7 installments  •  43%

About Me

My name is Emmanuel Agyapong, a native Kwahu in the Ashanti Region of Ghana. I was born in Kwahu but live all most 95% of my life at Agona Swedru. I had my basic and secondary education at Agona Swedru and still living in Agona Swedru in the Central Region of Ghana. I study electrical engineering at the secondary level of my education and subsequently had various internship programmes with some organization in Ghana such as Electricity Company of Ghana.

As a gentleman of Thirty (30) years of age and the third among a family of six siblings, I lost my dad at the age of twenty eight (28) years. A caring and loving dad that I had. He was Christian and by that, he trained me in the Lord. Hence I am a well dedicated Christian.

I currently own one electrical shop in Agona Swedru. I named the shop 'AGYASCO ELECTRICALS". The shop is located at a very marketable area in town and it is my vision to expand it to other areas of the town and nearby towns.

I enjoy playing musical instruments especially drums.

My Business

AGYASCO ELECTRICALS is an electrical shop located at the central business area of Agona Swedru town. I deal with all kinds of electrical materials such as energy bulbs, sockets, television antenna, wiring cables, touch light, batteries, screwdrivers, wire tester, tape measure, etc.

I started business in the 2012 with a start up capital of GH¢2,000.00 (USD 444.44) in a rented shop. Operating an electrical shop business in my town is very profitable since the products are fast moving. I earn a lot of money out of this business and use some to cater for my mum and other siblings.

Loan Proposal

This loan, when approved and disbursed to me, will help increase my working capital. It is my wish to open more branches and I need more capital injection from a good source like Zidisha.

I therefore pled with all the good lenders on this platform to help me increase my working capital.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$66.00

Date disbursed

Mar 7, 2018

Repayment status

On Time

Projected term

2 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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