Master baffour wielding shop

Asare

Dormaa Ahenkro_ghana, Ghana

Expired

$0 to go

100% funded of $4 goal

0

days left

Entrepreneur

Name

Asare

Member since

August 2016

On-time repayments

New member

About Me

My name is ASARE Baffour. I was born in a small village called Masu, just about five kilometers away from Dormaa Ahenkro in the Brong- Ahafo region of Ghana.We were six in our family. I am the third born. My parents were both poultry farmers but my father passed away after the sixth child was born by then I was at the Junior High School. I was the only person to take charge of the poultry house to the rest of the family alive and my junior brothers had to rely on me to go school . I managed to complete Senior High in Dormaa Senior High School. From there I made my mind up not to continue with formal Education any longer but to start something that can keep me and my family. I went into apprenticeship to learn wielding. It took me only two years to graduate from there and I built my on shop. With some few Ghana CEDI's from the poultry house I was able to acquire a loan from one of the local banks, bought my tools and started business. People in Dormaa are mainly farmers except that the nearby villages grow cash crops like cocoa and cashew. Previously the youth would travel to neighbouring countries to look for jobs but these days,after school, most of them would start business or go into poultry farming,to produce eggs and sell to the larger market. Polygamy is still practiced by the people. I have two boys and they all want to be laboratory technician's. I supervise the poultry house as my pastime and I like reading a lot and browsing the Internet.

My Business

I wield things. Anything. Made from steel and other materials are wielded in my shop. Some of them are door gates, worn rsted car bodies, cracked metals in homes and many others. I am fortunate to find myself in the municipality where there are a lot of activities that goes on. Building s, most especially government funded projects and individual building projects are all taking place. These days because of thieves, most of the new buildings in town are all made up of iron gates. Those that are weak come to repairs or for complete replacement. Even though I have five apprenticeship , still the work load is too much to bear especially on Tuesdays which is the marked day for the people of Dormaa Ahenkro. I chose this kind of job because I saw that many of the youth do not go into that business because they thought that job is for the those who have not acquired any form of formal education and I saw that to be wrong and wanted to prove it. And indeed because of the way I am always at work and the kind of projects I am doing in Town, the youth now are motivated by it to learn. I make sales of about gh200 a day and even more on Tuesdays. I use part of the profit I make to pay school fees, buy food to feed the family and the remainder goes back into my business. I buy plates and brass for my job.

Loan Proposal

I will buy the following items: brass $40, iron plates $50.these are basically the items I will buy to aid my business to improve. The cost of plates for building gates are costly and if these items are bought it will enable me to complete the all the jobs that has been assigned to me in the municipality. This will let my customers to be releaved, by getting their job done in time. I hope to increase my profit to about 75% if thaes items are bought.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$4.00

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  • Asare    Oct 28, 2016

    I thank my lenders for making life very easy for me to feed well my family because they have funded this loan amount for me. I am going to buy metals that I will need for my work. I will also buy protective goggles for my apprentice since they do not have and be dangerous if they continuously expose their eyes to the light rays. This is going to let me see some profits and that will enable me to pay for my ward's school fees.

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  • Asare    Oct 6, 2016

    I will buy plates and protective goggles for my apprentice and use the remaining amount to add to the few cedis I have to pay for my ward's school fees.

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  • Asare    Sep 25, 2016

    I will buy iron plates to manufacture home gates and build metal containers for stores. This is going to improve my work so that I can get more customers. Thanks to my lenders for this loan and I will also work hard to repay the loan and use the profit to pay my ward's school fees.

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  • Asare    Sep 19, 2016

    I will buy plates for building gates and use part of the loan amount to pay electricity bills in my shop.

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  • Asare    Sep 14, 2016

    I will buy plates to make gates for people who have built new houses. This is going to help me to get new customers. I thank my customers for this very loan and I will work seriously to repaying this loan.

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  • Asare    Aug 15, 2016

    I will buy some plates to produce gates for my customers. This is going to solve the problems of shortages of plates. I will obtain some profits from this. I thank my lenders for this loan and I will work very hard to repaying the loan amount as scheduled.

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