Materials for my leather work

Emmanuel

Mim, Ghana

100% repaid

Entrepreneur

Name

Emmanuel

Member since

April 2016

On-time repayments

44 installments  •  70%

About Me

I am Emmanuel Twumasi, i come from Mim and i am 26 years. I come from a family of ten(10), my parents, seven other siblings and i am the sixth born. My parents are Mr. and Mrs. Adu-Gyamfi,i am a member of Assemblies of God church Mim branch. I attended S.D.A basic school in Mim and completed in 2009.I couldn't further my education after J.H.S because i did not pass my the Basic Education Certificate Examination so i went and learned leather work. After three years of apprenticeship i graduated and started my own shop. I am not married, the food I like most is rice and stew and i like playing football.

My Business

I have worked in my shop since 2013. i sell leather materials like leather shoes, sandals. slippers and i also mend torn leather materials. My services and products are very useful because i produce sandals and sell them to members of my community and basic school students at the beginning of every academic year, i also mend the footwear of the community member and this helps them suspend buying new ones. I chose to do this kind of business because i realized my parents do not have much money and i noticed this work don't require a lot of materials to start it. I usually spend between 800 and 1000 Ghana Cedis for production in a month and i make a profit of 300 and 450 Ghana Cedis when i get good market. I support my two younger siblings in their secondary education with some of my profit and reinvest the remaining in my work.

Loan Proposal

Dear lenders, i wish to apply for a loan of $200 to boost my leather work. If i am assisted with this loan i will use it to purchase materials like leather, glue, soles and thread to enable me produce more. This will help me increase my profit by 30%, thank lenders.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 14, 2016

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

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