Entrepreneur
Name
Ernest
Member since
August 2015
On-time repayments
224 installments • 81%
About Me
I am Ernest Berko Mensah from Mampong Kofiase in Ashanti region. I have completed Sunyani Polytechnic University. My parents are Mr. And Mrs. Oppong Mensah. Currently, I am living at Kumasi Tafo. I like doing things the way other people do it but I have always wanted, myself, to be different from other people. I like reading books such as investment, motivational and human relation books.
My Business
The money from a previous loan helped me to buy more equipment for my consulting firm. I advise people on how to establish their own businesses. Most people find it difficult in our country to operate businesses by themselves. Through your loans, you gave me the ability to help about twenty five people who have gotten their own businesses now. (I also used some of the loan to pay my brothers' school fees.) Besides that, I am also working on motorcycle spare parts. I was able buy 3 new ones. My profits have increased by 40%. Thank you for that loan.
Loan Proposal
With this loan am going buy comp top cylinders. This comp top cylinder is moving the business people are always demanding for them, I will try buy more of it. It cost 48 dollars per one and i will buy 6 which will amount to 288 dollar. switch key is also one of parts I will use the money to buy which cost 60 dollars. I will also buy breaks and it oils that will also cost 81 dollars.the rest will be used for transportation for the parts to the shop and for delivery to customers too while they will be paying it instalment. I think if I get this loan my business will be one of top motorcycle parts shop in my area and people will also get job to do by delivering the goods to customers at the village. Thanks for granting for this loan.
About Me
I am Ernest Berko Mensah from Mampong Kofiase in Ashanti region.
i have complete sunyani polytechnic. My parents are Mr. And Mrs Oppong Mensah. Currently am leaving at Kumasi Tafo. I like doing things the way people do it but always wanted my to be different from other people. I like reading books such as investment, motivational and human relation books
My Business
I will expend the motorcycle business of which I am going to buy additional ones. I will buy new motorcycle parts because the people in area need it more. Aside that there are a lot peoples motorcycle which has destroy and it needs to be repairs and replacement. Our company has been the best for them. Notwithstanding there has been improvement in the business for the past four years. I believe if you grant me this amount am looking for the business will move in a fast growth.
Loan Proposal
With this loan am going buy comp top cylinders. This comp top cylinder is moving the business people are always demanding for them, I will try buy more of it. It cost 48 dollars per one and i will buy 6 which will amount to 288 dollar. switch key is also one of parts I will use the money to buy which cost 60 dollars. I will also buy breaks and it oils that will also cost 81 dollars.the rest will be used for transportation for the parts to the shop and for delivery to customers too while they will be paying it instalment. I think if I get this loan my business will be one of top motorcycle parts shop in my area and people will also get job to do by delivering the goods to customers at the village. Thanks for granting for this loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$474.00
Date disbursed
May 22, 2016
Repayment status
Late
Projected term
6 months
Other loans
Lenders
United States
United States
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