Solar generator loan

Maxwell

Berekum, Ghana

100% repaid

Entrepreneur

Name

Maxwell

Member since

July 2019

On-time repayments

4 installments  •  75%

About Me

I had my primary and secondary education at Saint Augustine primary and Junior secondary school. I then proceeded to Berekum senior secondary school,I am now in my second year at university of Cape Coast I am sponsoring myself at school and I also pay salary and wages to my workers. I am the fourth of nine children of my parents.
I have a father who believes that almost all 97% of university graduates in my country are jobless. This is because the all depend on the government for employment. So what he does is he educates you to the senior secondary secondary school level. After that you learn a job. My own case wasn't different as compared to my elder siblings. Though I had excellent in my final exams, nothing could make him change his decision to help me go to the university.
I was giving some amont to start a new business I acquired a small land in a very busy area in my town. I put on a stucture and started a small DSTV and cinema center where I show I show live soccer matches on tv for money.I now have a sound sustem which also performs at various functions for a respectable amount of money. I also have a taxi that works for me.
One amazing thing I grew to find out about my community is that almost a very body in my land is a subsistence farmer. No matter the kind of profession the person is engaged in he attaches farming to it.
The children in my area admiles banking job a lot.
I like watching players like Messi,naymer,ronaldo and the rest displaying soccer skills and techniques on the field and so my hobby is watching soccer.

My Business

"JENNY DSTV CENTER,SOUNDS & RENTALS" is the name of my firm. I have a nice and attractive DSTV & CINEMA CENTER which offers a service of providing good movies and league matches across the globe to the general poblic. I also have THREE SETS of SOUND SYSTEMS which performs for me at church programs,funerals,parties and other functions for good money. I also have PLASTIC CHAIRS & CANOPIES which are also giving out on functions for rent.
My goods are highly demanded because most people walk around when there are european matches and movies to ease presure and reduces pressure and here is where my DSTV is valuable.
Almost there is a function every day which employs my soundsystems, cannopies and chairs being it a semina,meeting of a firm and many more.My revenue is GHs780



20% of my profit is used to support junior siblings education.The remaining 80% is reinvested for growing my business.

REPAYMENT
I will make weekly payments and on time with my daily and weekly profit.

Loan Proposal

I have dreamed of buying solar generator to to reduce cost and increase profit in my business. This is because the cost of electricity is very costly. This loan will go a long way of helping the growth of my business. This time I qualify to raise only GHs 112.00 at the moment I want to continue raising loan bit by bit to qualify for a larger loan. Lenders my business now rely on your loan to help my business stand in a good form. I spend almost all my profit in paying electricity bills gaining nothing in the end. I will be more than grateful for your assistance and kind gesture if you help me raise a larger loan. From time to time smaller loans to larger loans I will be able to build trust with you my lenders to help me raise a larger loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Jul 29, 2019

Repayment status

On Time

Projected term

1 week

Lenders

J

JMK

United States

HH

Helen Horseman

United Kingdom

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