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
If this facility is granted to me, l will use the money to purchase another photocopier machine in oder to work on more copies of duplicates. The machine am using now is too old for the work load of late. I want to buy a copier machine at the cost of $514.(slightly used one). This is going to boost my income generation in the work. It will also help especially the university students to get their book bindings and copies of their documents done right at the school doorstep. When this machine is acquired, l expect my profit to raise from $20 to $28 per day.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$520.00
Date disbursed
Jul 25, 2018
Repayment status
Late
Projected term
6 months
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