Purchasing a photocopier/printer

George

Accra, Ghana

100% repaid

Entrepreneur

Name

George

Member since

February 2018

On-time repayments

53 installments  •  49%

About Me

I had a pretty tough upbringing but have risen sturdily to this stature and wants to move on to achieve my dream of becoming a very successful businessman and writer/journalist.
I have been at survivor all my life and this really told when I entered and finished university, it was tough but, I proved to be tougher and, the journey to that higher pedestal goes on.
I have a great passion and love for sport and, also for writing and reading about politics, culture, nature and religion.
My goal is to lead positively and I will get there.

My Business

I am very well into writing and journalism (freelance) and also doing some printing work to generate income.
The world is moving at a very fast rate and information delivery is key in this evolution which is reason why I am here to be a source of it.
Doing this business has been my passion during my formative years and I am glad to be imparting positively.
I will want this loan to buy a photocopy/printing machine for my business. I write for profit (newspaper, internet, social media etc) and also do printing.
The income I generate are used for the upkeep of my household including school fees, reinvestment in the business and other improvements.

Loan Proposal

The loan will aid in my quest to purchase equipment for my business and expand it, thereby earning more profit. This has become necessary because of the high orders I have been receiving lately and which has compelled me to look at ways of expanding the industry which no doubt would yield more profit and call for the employment of more hands thereby creating job opportunities for others.
The purchase of a photocopy/printer for by business which will cost about $1,126.15.
I expect this acquisition just as I said to aid in the fast forward of the business which should help reduce the cost of printing and doing business.
I expect my profit margins to increase by over 50% going forward.
Competition in this industry here in Ghana and especially at my location is becoming very intense by the day and I need to move on with the times and stay ahead of the competition by doing more business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Aug 13, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

C

Colibri

Nanaimo, Canada

Urszula

United Kingdom

WE

Wendy Emlyn

Devon, United Kingdom

HH

Helen Horseman

United Kingdom

A

Anonymous

Republic of Korea

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