Loan to invest in my academy

Bismark

Kumasi, Ghana

38% repaid

Entrepreneur

Name

Bismark

Member since

January 2017

On-time repayments

14 installments  •  64%

About Me

I am Osei Bismarck a teacher at Creative Learning Academy and l footballers . We are five and l am the second born . I went the Methodist JHS at Bantama and completed at 2004 .l when to Asantemam Senior High School from 2004 and completed in the year 2007 .
I couldn't continue to further my education at the higher level and apply to teach at Creative Learning Academy. I am a sports teacher there and have an idea of opening my own football Academy in future. At times l sponsor these kids with my own income just the matter of helping them to achieve their dreams
Our land are rich in mineral and we have a unique culture like the way we dance and eat.
I will like my children to educated and do their own business
I am interested in football

My Business

I am a teacher and also a footballer .I have helped many student to achieve their dreams for the past years and some arr also playing second and third division in our premier league and l would be happy if l could open my own sport Academy .l choose the sports activities because l am interested the sports and l am also a prayer as well. I use the teaching job to finance the sports and at times too go the market to sell some materials such as shoes ,jeans trousers and shirts to support the business and this has been my main revenue source.
About 25% of the profit l made from both teaching and selling goes to the acedemy and the rest use myself. At time during some friendly matches players who play well are sponsored which sports equipments such as shin guides,boots and holes to boost their moral in the sporting activities.

Loan Proposal

I Will use the loan to buy soccer equipment such as football boots, holds ,shin guide at the most of $5.00 for the children to boost their morals in the academy.
It will motivate the children to play better and win more marches for the academy.
Winning more game bring income to acedemy.
I am also expecting this to increase the profit that the academy will be earning at about 55%

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Mar 23, 2017

Repayment status

Late

Projected term

6 weeks

Other loans

Lenders

SD

Sheri Dieck

United States

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