Loan to increase working capital
Eric Musa
Agona Swedru, Ghana
100% repaid
Entrepreneur
Name
Eric Musa
Member since
February 2018
On-time repayments
33 installments • 82%
About Me
My name is Eric Musa Quaye from a town known as Agona Swedru. I grew-up from this town and still lives in it. We are family six (6) and I am the oldest. I completed my secondary education at Accra Technical Training Center (ATTC) in the year 2002. I further my education at University of Education, Winneba and obtained a Diploma in Education in the year 2014.
I have a very good family of whom some are even member noble platform. I can not do away with some of these siblings of mine by names George Offei and Patrick Quaye. I love them all and they are very helpful to me.
Data Book Shop is the name of my shop. I deal with all kinds of educational materials. I started this business in October 2016 with a capital of USD 800.00 from my personal savings. In addition I am carpenter and I do receive orders for furniture, bed, etc.
I have a pretty girl at the age of 8 years who always wish to become a nurse in future. I love her because she is all that I have.
I enjoy listening to Christian music due to my religious background.
My Business
Data Book Shop is located at Agona Swedru in the Central Region of Ghana. The shop is located just in front of my resident. I have one assistance who takes over the book shop whenever I get a carpentry contract (order). He is a hard working boy.
Data Book Shop do sell all kinds of educational materials ranging from text books, pens, pencils, school bags, calculators, etc.
It is my wish to open more branches in other areas of the town. This is because, running a book shop in my locality is very profitable. In addition, it is my aim to provide good educational materials to children in my locality so as to enhance their academic.
Profit generated from my two businesses (Book Shop and Carpentry) is used to take care of my daughter and other family members. My daughter is class 3.
Loan Proposal
The approval of this loan will help increase my working capital. I need more capital injection into my business for growth purpose.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$66.00
Date disbursed
Mar 3, 2018
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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