Photocopier machine

Enock

Techiman, Ghana

100% repaid

Entrepreneur

Name

Enock

Member since

August 2017

On-time repayments

70 installments  •  56%

About Me

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.

My Business

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.

Loan Proposal

I will use this loan to buy a photocopier machine for my shop. This shall cost me $500. If l am able to secure this loan for the machine, it will enable me to run more copies of documents in a day which shall maximize my profit margin.Also,it will help the university students to access copies of their documents at their door step since my shop is situated close to the school campus. I am hopping for for profit increase from $40 to $65 each day of work.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$403.00

Date disbursed

Nov 4, 2017

Repayment status

On Time

Projected term

8 months

Lenders

ads68

Melbourne, Australia

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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