New machine and materials for my printing business
Patrick
Agona Swedru, Ghana
100% repaid
Entrepreneur
Name
Patrick
Member since
August 2017
On-time repayments
205 installments • 58%
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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,182.00
Date disbursed
Mar 18, 2021
Repayment status
On Time
Projected term
3 months
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Lenders
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Norway
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Sweden
India
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Italy
Germany
Summary
Amount repaid
$1,194.47
Amount remaining
$0.00
Date repaid
Jul 17, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 27, 2021 | $71.08 | Mar 27, 2021 | $71.08 |
| Apr 3, 2021 | $71.08 | Apr 3, 2021 | $71.08 |
| Apr 10, 2021 | $71.08 | Apr 9, 2021 | $71.08 |
| Apr 17, 2021 | $71.08 | Apr 16, 2021 | $71.08 |
| Apr 24, 2021 | $71.08 | Apr 23, 2021 | $71.08 |
| May 1, 2021 | $71.08 | May 1, 2021 | $71.08 |
| May 8, 2021 | $71.08 | May 8, 2021 | $71.08 |
| May 15, 2021 | $71.08 | May 15, 2021 | $71.08 |
| May 22, 2021 | $71.08 | May 20, 2021 | $71.08 |
| May 29, 2021 | $71.08 | May 29, 2021 | $71.08 |
| Jun 5, 2021 | $71.08 | Jun 4, 2021 | $71.08 |
| Jun 12, 2021 | $71.08 | Jun 12, 2021 | $71.08 |
| Jun 19, 2021 | $71.08 | Jun 19, 2021 | $71.08 |
| Jun 26, 2021 | $71.08 | Jun 25, 2021 | $71.08 |
| Jul 3, 2021 | $71.08 | Jul 2, 2021 | $71.08 |
| Jul 10, 2021 | $71.08 | Jul 10, 2021 | $71.08 |
| Jul 17, 2021 | $57.22 | Jul 17, 2021 | $57.22 |
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