Plumbing materials for installing running water in buildings
Gabriel
Berekum, Ghana
64% repaid
Entrepreneur
Name
Gabriel
Member since
April 2015
On-time repayments
121 installments • 18%
About Me
I respond to the name Gabriel Kyereh Boateng. I am in a family of six. Four men and two women. I come from Berekum in the Brong Ahafo Region. I started my basic education at AKAB Complex School at Berekum and continued at Kumasi Anglican senior high school which is in the Ashanti region . After my senior high school, I went to Berekum college of education. I am currently in the university of education in Winniba.
I am a member of the Assemblies of God church and the secretary of the church. I am now the president of my Assemblies of God church on campus.
I started started my store to help me to continue my education.
My Business
I started my store in 2012 with a based capital of about 2000 dollars. I rented a store room to display my items. I deals in goods like 4 inches pipe, 3 inches pipe, 2 inches pipe, 4 inches bend, 3 inches bend, 4 inches tee, ball bar, flour waist, 3 by 4 hole star, 3 by 4 stop cord, sink, wash hands basin, S 100 and W U C.
I started this store with the aim of helping my family and myself in my education. I established the store because I saw that the community in which I am living lack plumbing items and fitting work. Our community use to employ people from outside the community to come and repair our things that are of plumbing. I therefore opened the store and employed two people to repair our items.
I am able to make a profit of about 50 dollars in a week.
REPAYMENT
I will be able to repay any loan offered me from the sale of the items and the repairs we offer to the community.
Loan Proposal
I have decided to purchase new materials for my store to make it attractive all the time. I want to purchase items like 5 hand wash basins and 1 cost 30 dollars, 10 ball bars and the cost of 1 is 10 dollars, [5] 3 inches bend and the cost of 1 is 10 dollars, 3 sinks and 1 is 50 dollars. These materials will make my store to look more attractive and invite many people to come and purchase items from the store. The community will not get a problem of take a vehicle to town to purchase plumbing items. When i get these items, demand will be high and my profit will also go high and i will be able to repay my loan and my employees.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$349.00
Date disbursed
Aug 11, 2015
Repayment status
Late
Projected term
25 months
Other loans
Lenders
Taiwan
United States
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Belgium
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