34 weekly installments • 50%
My name is Theophilus Appiah-Antwi and i am a professional teacher. I have been teaching for 10 years now. Apart from teaching i produce books and sell them to school children. I started this business when i realized most books on the market are unreasonably expensive. I have been producing books for about 7 years now. It was hard at first but now things are getting better. Profits from sales are used to expand the business and also used to support my family.
I design the books on my computer and take them to the print house for production. Since I am a salary worker my income comes from loans I take on my salary. I usually don't get over extended since sale from the books are encouraging.
After my production in September my books are almost finished and i have to produce more. My challenge is the impression cost. The impression cost is the cost of using the printing machine. This will cost about $130. I will use the loan to settle that cost.
Nov 13, 2018
Cost to entrepreneur
Service fee: $4.88
Credit risk payment: $29.90