Plumbing materials for my store

Gabriel

Berekum, Ghana

100% 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 am looking forward to expand my business in other to provide more services to the community and also employ more people to reduce unemployment in the area.
I estimated about 4000 dollars for my expansion work. I will use the requested amount to purchase Items like 4 inches pipe 30 dollars, 3 inches pipe 26 dollars, sink 50 dollars, hand wash basin 40 dollars. Just to mention a few.
I will be able to increase my profit to at least 80 percent.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 17, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

Martin

Manama, Bahrain

J

jzidi

Los Angeles, United States

McJulio

New Jersey, United States

D

DelapierceD

New York, United States

T

thebonseung

Republic of Korea

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