Purchase a barbering machine and other items

Nkatiah

Berekum, Ghana

100% repaid

Entrepreneur

Name

Nkatiah

Member since

September 2016

On-time repayments

104 installments  •  92%

About Me

Iwas born in Berekum in the Brong Ahafo Region,l completed junior high school.Due to financial difficulties I couldn't continued my education.Both parent died at my younger age .I struggle in life to meet my demands.I therefore decided to establish my own barbaring shop(agyaku's barbaring shop) I wish to establish this business to redem me from my hardship and establish my family for the future.since the area is predominently one trip we all have one culture.My hope is to establish myself and assist the needy ones as well since we have planty of needy ones in my community.

My Business

The services rendered to peoples barbaring shop.infact it is situated closed to the presbytarian senior high due to that my shop is close to the hostel which renders services to the students and the general public.the cost and revenue has increase due to the assistance of zidisha and l have been able to renovate my koisk ,buy additional chairs ,buy additonal calanders,spirits,hair creams,and so on

Loan Proposal

When granted the loan,i will be able to buy the following items
1,1box Methylated spirit =50gh=9.95 dollers
2,one box Raster cool=150gh=29.86 dollars
3,powder=30gh=5.97dollers
4,one box Sporting waves 150gh=29.86 dollars
5,one set Barbering machine 250gh=49.77
6,Sterilizer machine 300=59.72dollars
Total 930gh=185.13 dollars
This will enable me serve more customers and sell some of the product to them to get more money. It will helped me increase my profit margin by 60% .all things been equal. The profit will be used to pay utilities,rent,medicals expenses,pay my children school fess,assist some needy and entertainment to my family.

Feedback

3

None

None

  • Vicki Stewart    Nov 21, 2019

    Thanks for repaying your loan!

    Log in to reply • Share
  • BernadetteV    Sep 25, 2017

    Every payment on time. Loan repaid just as promised. Thanks All the best for your business.

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  • Katja    Mar 29, 2017

    Thank you for repaying on time! Looks nice with the new paint, your Barber Shop! Wish you all the best!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Apr 27, 2019

Repayment status

On Time

Projected term

7 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

A

Anonymouse

Netherlands

M

Marzl

Germany

Ed

Howells, United States

J

Netherlands

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Summary

Amount repaid

$200.00

Amount remaining

$0.00

Date repaid

Jun 30, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 6, 2019 $50.10 May 6, 2019 $50.10
May 13, 2019 $20.70 May 16, 2019 $20.70
May 20, 2019 $20.70 May 24, 2019 $20.70
May 27, 2019 $20.70 Jun 4, 2019 $20.70
Jun 3, 2019 $20.70 Jun 4, 2019 $20.70
Jun 10, 2019 $20.70 Jun 15, 2019 $20.70
Jun 17, 2019 $46.38 Jun 30, 2019 $46.38

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