New machine and materials for my printing business

Patrick Quaye

Agona Swedru, Ghana

100% repaid

Entrepreneur

Name

Patrick Quaye

Location

Agona Swedru, Ghana

On-time repayments

174 weekly installments  •  64%

About Me

My name is Patrick Quaye from Agona Swedru in the Central Region of Ghana. I am 31 years of age and married with a lovely kid. I have live in this town since childhood. I am a hard working guy since my tertiary education level. Over the past 6 years, i have tried to establish my own career through the help of my senior brother by name George Offei. It is my vision to grow my business and add more to it.

My Business

In the year 2011, I started a printing press business by name Data Publicity Co. Ltd with my brother George Offei with a start-up capital of Two Thousand Ghana Cedis (GH¢2,000.00). It is a joint company and it is own by my brother (George Offei) and I with an equal capital contribution.

The company is a printing press firm. We offer the following services:
1. Sticker printing,
2. Flex banners printing,
3. T-Shirt printing,
4. Graphic designing,
5. Photocopies,
6. Printing of invitation cards, etc.

Our customer base is large and we hope to increase. The sky is our limit

We currently operate with three other staffs and I am the General Manager.

Loan Proposal

I am reguesting this loan to expand my business. I have been in the printing business for so many years and getting new machines help you stay put in the business. I plan to use this new loan to get another FOTO copy machine worth 4100 cedis to help me reach customer needs in due time and give clean and present work. I will also use The rest of the loan to buy more materials for my new machine and large format printing materials. Having more materials and good machines help reach the satisfaction of your customers and help bring you more customers. Thank you for granting me this loan my dear lenders

Income Source

The printing business is also affected in this climate economic crisis and as I have been in the printing business for long I have come to know by not looking into one side of printing but rather doing more and looking into different printing sides of the business. Adding more and different printing machines will help you earn more money from the various printing sessions. Having every machine doing a different job will help income come from different printing machine and this will help pay bills, pay workers, buy materials, pay loan every week and go home with some money. The more and different machines you have in the printing industry the more job and money you get and that will help raise money.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,194.47

Date disbursed

Mar 18, 2021

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: 5% of $1,194.47 = $55.93

Credit risk payment: $223.72

Lenders

J

Jon

United States

Kitty

Hailsham, United Kingdom

AltruisticSelfishnes

Chicago, United States

lietu

Tallinn, Estonia

F

Forba

Mo i Rana, Norway

J

John

Newbury Park, CA, United States

Krtecek

Balzers, Liechtenstein

Cloudways

Malta, Malta

P

pillepalle

Osnabrück, Germany

fairspirit

Utrecht, Netherlands

camilberlin

Berlin, Germany

M

Moonknight

Østre Gausdal, Norway

markpearson

Portsmouth, United Kingdom

K

ksiebrandt

Omaha, United States

B

bscent

Hong Kong

V

vbud

United States

TyrynyRed

United States

R

Robert

Berlin, Germany

Kevin

San Francisco, United States

I

Ian

United Kingdom

Paul Smithson

Leeds, United Kingdom

K

Katka

St Albans, United Kingdom

MC

Mark Cowburn

United States

Ed

Howells, United States

Ren

Minneapolis/StPaul, United States

VC

Victor Chong

United States

Mary Norton

Byron Bay, Australia

D

Dalton

San Francisco, United States

C

Campbell

New Zealand

Paul Buchheit

Mountain View, United States

B

BRB

Australia

A

Anonymous

United States

Thereze Ovid

Brooklyn, New York, United States

T

TP

United States

LM

Lee Montecucco

Washington State, United States

sbdoc

Reno, United States

LT

Lisa Taylor

California, United States

KF

Kathy F

Memphis, TN, United States

alexalexalex

Berlin, Germany

JP

Jesus Pizarro

United States

AM

Alex Melo

United States

GF

Gammon Family

United States

M

MaggieK

United States

Sayuri

United Kingdom

A

Anonymous

United States

Vincent Strangio

Pittsburgh, PA, United States

LC

Linda Cladis

United States

C

Christopher

United Kingdom

RA

Ray and Abram

Melbourne, Australia

PR

Paul Reilly

United Kingdom

Ask Patrick a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...