Plastic chairs and tables for rental business

Kobina

Agona Swedru, Ghana

Expired

$49 to go

42% funded of $85 goal

0

days left

Entrepreneur

Name

Kobina

Member since

June 2017

On-time repayments

13 installments  •  62%

About Me

Charles Amissah Swatson is my official name on most of my documents, but i recently changed my name to Kobina Amissah Sam, which i swore an affidavit to. I am a graphic designer by profession, but passion driven as an entrepreneur. I currently work with a large format printing firm called Data Publicity Ltd in Agona Swedru.

My Business

The name of my business is Deer Events. With my profession as a graphic designer I come across a lot of people that are personally organizing their own events or events organizers that come to me for their graphic works. I therefore gathered up a lot of experience to enter into rental business with items such as plastic chairs, plastic tables and canopies. That is just for a start. I am looking at extending my services to sound system, stage or platform hiring. My long term goal is to own an event auditorium that will be rented out for all kinds of events.

I started my business with a capital of just Two Hundred Ghana Cedis (GHS200.00) from my savings as a graphic designer and over the period I have been able to increase my stocks of plastic chairs and tables. I currently own 155 pieces of plastic chairs, 60 plastic tables, and 5 canopy room set.

Loan Proposal

Rental business has become very lucrative these days in my community. Hence demands for plastic chairs and tables keep increasing during activities such as funerals, church crusade, and other gathering ceremonies.

My working capital is currently small. Hence there is always shortage of inventories (Plastic Chairs and Tables) during occasion, making me loose venerable customers.

I am therefore applying for this loan to enable me purchase more plastic chairs and tables for my rental business. Currently, a price of one plastic chair is $4.38 and if loan is fully funded and disburse to me, I will be able to purchase 20 pieces of these plastic chairs.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$85.00

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