Loan to support education life of people

Henry

Kumasi, Ghana

21% repaid

Entrepreneur

Name

Henry

Member since

February 2018

On-time repayments

21 installments  •  24%

About Me

I started my childhood education at Glory International school. When in school life was not easyet as my family haday to struggle every possible to get me money to school. I went through this till I completed my shs education. Although there was financial issues I was a good student so after my senior high school I decided to involve my self in teaching and I have been doing that since.
The unique thing about my land is the hospitability of the peoples in the country.
I wish my children to have a better side of education so as to have a good live in their new future.

My Business

I teach students mathematics and social studies. Teaching help to bring prominent personals in the community as a matter of fact I buy books, pens to support kids who are financially challenge in as preventin them from experiencing what I went through.
I chose this kind of business because it helps you to always learn and innovate.
My typical cost and revenue of this business is 30 %. I reuse the profit gain to help other students since my community is a developing one and the people in it lacks somethings

Loan Proposal

When I am granted this loan I intend to buy additional school bags for the kids who couldn't receive their with the first loan. Also I will buy pens and pencils for the kids and as well buy reading and writing books for them. The price of a bag depending on the quality is 30 cedis per bag, books also cost 20 cedis per book and pencils also cost 25 cedis per box. It help me to help the kids in my community to have a future.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Mar 12, 2018

Repayment status

Late

Projected term

4 months

Other loans

Lenders

M

Margaret

United States

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