Name
Joseph
Member since
August 2017
On-time repayments
37 installments • 86%
born in sunyani in the brong ahafo region of ghana. second born of seven children of my perents. started school at koototrom d/a basic and drop out shs form two due to financial support. started appranteeship (Carpenter) for 3years to in making funitures,beds, shoe stands,Waldron's ...etc. before completion i was making some savings out of the small small job i was getting. with which i used it to buy the tools and equipments i will need to start my own business. so before becoming a master i was having almost all the things i will need to set up my own shop. i started my business with a capital of gh¢3000 from a customer which i refund in 4 month .
now i can boost agya appiah carpentry shop with three apprentees. where we make showcase, beds, stuffing chairs, office tables... my income is gh¢6800. i use part of my profit to reinvest to grow my business and the rest to take care of my family of wife, two boys and i my self
Am to make two Obama sofa sets for my customers, with this I will use the incoming loan to buy materials both leather and wooden 80 yards, a yard of leather cost $3.3 and a yard of wooden cost $2.7, three tin of glue cost of $20, wood cost of $42, nails of different inches cost $25, and different inches of foam cost of $60. This is what am planning to buy with the support of the . My customers will be glad and as well keep my business moving. I might make a profit of about 20%.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$230.00
Date disbursed
Jun 3, 2018
Repayment status
On Time
Projected term
2 months
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Jane Nov 6, 2018
J Sep 8, 2018
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