Printer for my shop

Daniel

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Daniel

Member since

July 2015

On-time repayments

47 installments  •  47%

About Me

My name is Daniel Agyei Kusi. I am twenty –six years. I had my basic education at St. Mary’s Junior High School and continued my secondary education in Sunyani Senior High School. Kwame Nkrumah University of Science and Technology is the school I had my Tertiary education where I studied my Akan and Political Science. Currently I have completed National service of which I had it with Techiman Senior High School in my region.
I have interest in culture a lot due to this, during my period of National service I was able to mobilize students, train them for inter school’s competitions. It was a challenge to me as a newly posted personnel, I had to mobilize students and trained them for such competitions. With hard work, determination and perseverance, we succeeded by taken the first position in Drama in English and also took the first runner up in the Poetry Recital. With this achievement, it has helped the school to officially establish a school cultural troupe.
After completing my National Service, I hoped for an immediate employment by the government and the private sectors but did not get employed since the government of Ghana has put a band on graduates’ employment. I therefore decided to set up business of my own. With the help of some family members and friends I was able to raise funds to start this business.
The society I come from is blessed with natural resources such as minerals, forest and many other interesting types of scenery like the waterfalls and some forest reserves. What keeps the society in peaceful co-existence is the unique sense of belongingness.

My Business

I am a young graduate who have established a business and need financial assistance to ensure the sustainability and growth of this business.
I rented a space of which I pay GH₵80 equivalent to US$20 a month excluding my utility bills. I pay GH₵20 which is equivalent to US$5 as electricity bill each month. I make between GH₵80 to GH₵100 each month equivalent to US$20 to US$25 as a profit. I need to buy more assets in other to expand the profit margin so that it can cater for my rent bills and other utility bills to enable me sustain the business and expand it as well. A friend introduced me to Zidisha and I strongly believe it is the solution to my problem.
If Zidisha grants me this loan, I would buy stationaries to fill my shop. It would need between GH₵500 to GH₵600 which is equivalent to US$85 to US$150. But due to lack of funds I cannot afford them.
With this, I strongly believe it help increase my earnings and get more income to pay my rent, utility bills and expand the business as well. I usually make between GH₵80 to GH₵100 each month equivalent to US$20 to US$25 as a profit but I expect that my profit would increase to about GH₵200 to GH₵250 equivalent to US$45 to US$60 each month.
The reason I am into this kind of business is that, education is of key interest to me and for that matter anything that supports or improves education is of much interest to me. This business of mine is located near schools therefore the demand of stationery materials is great. I type and print materials needed by the schools. This has really enabled me sharpened my typing skills.
I would be very grateful if my proposal is considered.
Thank you and I hope to here from here from you soon.

Loan Proposal

I will by a Printer for my Printing Shop. A printer in Ghana will cost between 300 GHS to 400 GHS which is equivalent to 100 US Dollars to 150 US Dollars.
This will help cater for my customers needs and i will have work satisfaction.
I expect that this will help increase my Profit margin from 10 percent to about 30 percent, for the demand for printing materials in the business location is very high.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 1, 2015

Repayment status

On Time

Projected term

7 weeks

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