School project loan ( sale of stationery)

Ezekiel

Ashaiman,zenu, Ghana

Funds disbursed

$0 to go

100% funded of $185 goal

0

days left

Entrepreneur

Name

Ezekiel

Member since

January 2015

On-time repayments

23 installments  •  57%

About Me

i am Ezekiel Nart sogbodjor: a Ghanaian who comes from Ada in the greater Accra Region of GHANA. am 46 years old. in my village it is difficult for one climb the academic ladder because the most common occupation is farming and fishing and therefore the perception is that no one can make it to top academically. but with dedication and commitment and focus i broke that perception. i started my business through self savings. my children want to become doctors, economist
I hold my bachelor degree in economics obtained from the university of cape coast and a master degree in finance obtained from the Wisconsin international university college, Ghana. am currently an economics tutor in ghanata senior high school and an administrator in Hill view senior high school . my hobbies are reading and researching into issues bordering society

My Business

am into second cycle education. the name of my school is hill view academy and we are in to provide excellent training and development to young people who are ready to excel in life. i choose this business because over the years education is left in hands of government alone but it is a fact that government alone cannot provide enough educational facilities to the growing population. the main source of income to the school is the school fees and returns on investment. however the expenditures of the school include payment of salaries to 35 staff members, buying of learning and teaching materials, rentals of some facilities. the profit of the school is used to expand the infrastructure, training programmes for the staff and to buy books for the school.

Loan Proposal

i apply for this loan to enable the school to expand its photocopy department to add the selling of STATIONERY. this includes 4 A REALM, NOTEBOOKS, EXERCISE BOOKS, PENS, PENCIL, GRAPH BOOKS. this as noted has high demand in the school and for this reason the school wants to take advantage to start selling these items. this expansion as noted will help the school to improve upon its income and run effectively. it will also improve the income levels of the staff and help to create employment as well. the community in which we are located would aslo benefit in that people would no longer travel or walk a longer distance to aquire these things. the state will also get its tax revenue from this business which will help improve standard of living in the country.
i thank you for the support so far and believe that this proposal will meet your investment plan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$185.00

Date disbursed

Jun 30, 2015

Repayment status

Late

Projected term

2 months

Lenders

Johannes Duerk

Bochum, Germany

PG

Paul Graham

United States

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