Name
Richard
Member since
May 2015
On-time repayments
123 installments • 56%
I attended my basic school from class one to JHS and finished in 2009. Due to financial difficulties, I was not able to continue. But as a business minded person like me, I studied that metal products are important in most individual life so I decided to learn how to produce metal products like doors, gate, etc and I was able to finish the lesson successfully in 2012.
Now am now producing my onw metal products and distributing it successfully with the little capital I have.
Am into metal work projects. I Have seen that metal is very important in africa. I joint the metal work business because I studied and observed that most constructing projects need metal products for successful and good finish. I produce housing gate, doors, containers to serve as stores, etc
I need more capital for more growth of my business. After producing the product, the most important thing need for more income is painting. I need capital to buy painting machines for the growth of my business and to increase my profit margin.
I use my profit for reinvestment and help others who need help to improve in their life and the rest for home management.
I want to use this loan to purchase some metals which is of 150 dollars for a metals doors. The demand for a metals door is High but the material for the production becomes a problem. Therefore I will be very happy to receive this loan to buy some of the materials for the production.
This will help me meet the demands of my clients on time.
And by so doing I will be able to maximize profits of about 25% increment. Thanks
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Project Type
Classic Loan
Disbursed amount
$93.00
Date disbursed
Aug 25, 2017
Repayment status
On Time
Projected term
3 months
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