Chairs and sound system for my barbershop

Paul Acheim

Berekum, Ghana

100% repaid

Entrepreneur

Name

Paul Acheim

Member since

April 2016

On-time repayments

164 installments  •  32%

About Me

I am called Paul Acheim from Navrongo in the northern region of Ghana, but I am currently staying in Berekum in the Brong-Ahafo region of Ghana.
I am the second child of Mr. and Mrs. Acheim.
I am twenty two years of age and fair in complexion.
I am about 5.8 feet tall. l have completed senior high school at Jinijini in the Berekum municipality.
When I completed, I started a barbering business to earn some income so that I can assist my family financially.

My Business

El Shadai Barbering Salon deals in the shaving of hair and shaving of mustaches, too. We also make spotting waves for the people in the area.
This business was started about eighteen months ago and currently I am receiving about sixty clients a day. This business is having a number of challenges such as fan in and other things that could attract more people to the salon.

Loan Proposal

When the loan is offered me, I will purchase a modern chair that can turn around and a stofin chair that customers who are in for shaving. These items will cost 150 dollars and a sound system which will also cost 100 dollars and the remains will be used to purchase an alcohol and twenty packets of blade.
These items will make my saloon look more attractive to people at my area and increase my output and my earnings will also increase 7.5 percent daily .
These are how my income would be disbursed.
40 Percent would be used to pay off loan weekly and 30 percent will also be used for feeding and rent. Others will be used for savings and utility.

Show original English  

About Me

I am called Paul Acheim from Navrongo in the northern region of Ghana but I am currently staying in Berekum in the Brong-Ahafo region of Ghana.
I make up the second child of mr.abd mrs. Acheim
I am twenty two years of age and fair in complexion.
I am about 5.8 feet tall.l have completed senior high school at jinijini in the Berekum municipality.
When I completed i sttarted barbering business to earn some income so that I can assist my family in financial assistance..

My Business

El shadai barbering saloon deals in shaving of hair and shaving of mustache too. We also make spotting waves for the people in the area.
This business was started about eighteen months ago and currently I am receiving about sixty clients a day. This business is having a number of challenges such as fan in and other things that could attract more people to the saloon.

Loan Proposal

When the loan is offered me, I will purchase a modern chair that can turn around and a stofin chair that customers who are in for shaving. These items will cost 150 dollars and a sound system which will also cost 100 dollars and the remains will be used to purchase an alcohol and twenty packets of blade.
These items will make my saloon look more attractive to people at my area and increase my output and my earnings will also increase 7.5 percent daily .
These are how my income would be disbursed.
40 Percent would be used to pay off loan weekly and 30 percent will also be used for feeding and rent. Others will be used for savings and utility.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$318.01

Date disbursed

Jul 27, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $7.85

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