Loan to rent a shop for the expansion of my business
Moses
Lawra, Ghana
100% repaid
Entrepreneur
Name
Moses
Member since
February 2017
On-time repayments
26 installments • 46%
About Me
I have to move from my parents to stay with our landlord in the city in other to acquire formal education.
Though life wasn't easy but I strive and with advice from my friends I was able to sail through st.James preparatory school to adventist J H S.
From there I went to University For Development studies and graduated in the year 2014 with a second class upper division in bachelor of education.
During my national service I was able to save some little amount.
I later attended a career orientation seminar which was organized by the British council and for the first time I was enlinten and decided to start a business with the little I saved.
My Business
I am operating a secretarial business with a photocopier and a printer. My business is located nearer to a nursing training college.
The proximity of the business is very good and hence many customers as a result of a good customer care and a quality nature of my work.
I have currently employed two workers with the intension of employing more if I could expand my business
Loan Proposal
The demanding nature of my job has made it very crucial to rent a new place for my business The loan if granted would be used to rent a new shop.
I am now having two photocopier machines so I intend to send one of them to the new shop.
This will help increase my profit margin by approximately 40 percent and also the strength to employ additional workers to assist me to do the work
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Loan Info
Project Type
Classic Loan
Disbursed amount
$52.00
Date disbursed
Apr 28, 2017
Repayment status
On Time
Projected term
7 weeks
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