Name
Enock
Member since
August 2017
On-time repayments
70 installments • 56%
Enock:I completed my secondary school education in the year 2004.Due to financial difficulties l could not continue my education to the tertially level. I entered into trading of second hand clothes selling to the nearby villages.The people in Techiman here are traders and they are very hospitable.I have two children,namely Stanley Gyan and Florence Gyan.My children always tell me daddy "we will like to become teachers to help train the young once to also acquire kwonledge and skills in life. I like tellig my people stories in good character building.
Enock:I have a photocopy shop.l make duplicates of documents ,printing of invitation cards and poster making. The people in my community need to make their business known by advertising them through posters and banners.Also there is a private university close to my shop and students come to me for their project work book binding and photocipies.I chose this business because l want to make peoples business known and save the students from travelling some miles before getting their copies of ducuments done.
The cost of making one poster or banner ranges from &30.20 to $45 depending on the size. I make a profit of about $15 on a banner or poster. I reinvest the profit l make in my children's education and home management.
I would like to apply for a loan of $123. This fund will enable me purchase materials such as A4-sheets$23,ink$20,cardboards$25,fabric $40 and to repaire my second photocopier machine that has broken down due to exccessive pressure of work with a cost of $35.
This will help me produce more duplicates of documents that people will bring to me and to make more posters and banners.This will help increase my profit.It will also help the people in my community get their needs at their door steps.Acquiring this facility will help increase my daily profit from $12 to $23.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$127.00
Date disbursed
Aug 22, 2017
Repayment status
On Time
Projected term
2 months
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