Permanent structure for my customers in my washing bay

Dennis

Berekum, Ghana

100% repaid

Entrepreneur

Name

Dennis

Member since

May 2018

On-time repayments

7 installments  •  100%

About Me

As a child, I had the best of childhood experience . I lived with my parents and siblings in a small town away from the hustle and bustle of city life. My father made it his first priority to give us the best of education. I wasn't academically brilliant. I had challenges in most of the subjects but with great effort and hard work I worked my way up to the university. I completed tertiary some few years ago and like everyone else began looking for an employment. Unfortunately for me I wasn't very lucky so I started my own work which is Vision Washing Bay. I currently have about 20 workers under me. I want to grow up and like my dad, give my children the best of education.

My Business

Vision Washing Bay was founded some few years ago amidst great economic hardships. We deal in the washing of cars, motorbikes, bicycles and carpets. Currently I have about ten to fifteen workers who serve close to 200 customers daily. We give 24 hour quality services for all the days in a week. The cost of operation is indeed huge but very less compared to the net profit I attain monthly. The profit is mainly reinvested in the growing of the business. Our major challenge is the pressure from customers due to inadequate washing machines. I have plans to purchase two more washing machines to help reduce the pressure. I have also decided to improve upon the floor and build a restaurant which will serve customers while they are waiting for their items to be washed.

Loan Proposal

I want to buy more car dusters, brushes and detergents for my workers. I also want to make a permanent structure for my customers. This structure will serve as a place of relaxation to my workers when on break and also to my cusetomers while their vehicles or items are being washed. It will also serve as place of shelter against rains during working hours. The estimated cost of this project is $ 200. I hope to get more customers with this project which would increase my profit

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Jul 25, 2018

Repayment status

On Time

Projected term

1 week

Lenders

SB

Stephen B

United States

Julie

United States

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  • Dennis    Jul 21, 2018

    Dear lenders, I am very much grateful for my previous loan. Although the amount given me wasn't enough but I have been able to put up a small structure where workers and customers can relax for a while.

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  • Dennis    Jul 7, 2018

    Dear lenders, I'm very much grateful for the financial assistance given me. Although the money wasn't enough but I was able to use to improve upon my business. I have been able to buy 10 car dusters, 10 brushes and two medium sized containers of washing powder. These has increased my earnings which has mainly been reinvested into the growing of my business. Pressure on my workers has reduced and I can now provide for my mom.

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  • Dennis    Jun 29, 2018

    I'm very much grateful for the assistance given me. I received GH50 and as at now I have been able to purchase 10 dusters, 5 brushes, and a medium sized container of detergent. I thank everyone especially my lenders. My profit is now increasing.

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  • Dennis    May 26, 2018

    I would like to increase my next installment. Business is good these days and I'm sure I can pay more than the installment due.

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