Opening a second branch for my printing service
Patrick Quaye
Agona Swedru, Ghana
100% repaid
Entrepreneur
Name
Patrick Quaye
Member since
August 2017
On-time repayments
205 installments • 58%
About Me
My name is Patrick Quaye from Agona Swedru in the Central Region of Ghana. I am 31 years of age and married with a lovely kid. I have live in this town since childhood. I am a hard working guy since my tertiary education level. Over the past 6 years, i have tried to establish my own career through the help of my senior brother by name George Offei. It is my vision to grow my business and add more to it.
My Business
In the year 2011, I started a printing press business by name Data Publicity Co. Ltd with my brother George Offei with a start-up capital of Two Thousand Ghana Cedis (GH¢2,000.00). It is a joint company and it is own by my brother (George Offei) and I with an equal capital contribution.
The company is a printing press firm. We offer the following services:
1. Sticker printing,
2. Flex banners printing,
3. T-Shirt printing,
4. Graphic designing,
5. Photocopies,
6. Printing of invitation cards, etc.
Our customer base is large and we hope to increase. The sky is our limit
We currently operate with three other staffs and I am the General Manager.
Loan Proposal
It is the wish of every entrepreneur to expand it business as the business grows. Over the past years, my business has seen a tremendous growth. Sales and profit have seen growth over the years. New opportunities and market have been identified in other part of the country. This has necessitated the need to open a new branch of Data Publicity in that area.
In view of this, there is the need to apply for a loan to enable me pay for the rent of the new business premises.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$880.32
Date disbursed
Oct 17, 2019
Repayment status
On Time
Projected term
19 months
Cost to entrepreneur
Service fee: $30.01
Credit risk payment:
$180.04
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