Spare parts for air-condition repairs

Solomon

Techiman, Ghana

Funds disbursed

$0 to go

100% funded of $197 goal

0

days left

Entrepreneur

Name

Solomon

Member since

February 2016

On-time repayments

63 installments  •  35%

About Me

My name is Solomon Oppong and i am a man of 30 years. I come from Wenchi in the Brong Ahafo Region. I started my basic school at Presbyterian basic school in Wenchi. i went to settle with my father in Techiman when i completed junior high school where i attended Techiman senior high school and studied visual art. The name of my parents are Mr. and Mrs. Oppong, i have three sisters and one brother. My father was an air condition repairer so when I moved to stay with him, i used to visit his shop whenever i close from school. As a result i learned the work. I developed interest in the work when i was in senior high school so my father trained me to become a good air condition mechanic, so it was no wonder i started working in the shop after completing senior high school. I am married and i have seven months old daughter, my hobbies are chatting with friend and playing football. My favorite food is fufu and groundnut soup.

My Business

I have worked in my shop since i completed senior high school in 2012.i gained interest in air condition repairs when i was in the senior high because it was my father's occupation. My father trained me to be a specialist in air condition repairs so immediately i finished school i took over the shop from him as he has become an old and weak man, my father was able to care for his family through his earnings from the shop. Since my father doesn't work any longer, I take the responsibility of the family by paying my younger siblings school fess and providing their meals at home. In my shop i repair and install different sizes of air conditions and also sell various accessories of air condition. I sell accessories like fans, compressors, capacitors, just to mention a few. This work helps neighbors who use air condition at home and at work when their air conditions develops fault. I have three apprentices together with my younger brother who helps me in the shop after he closes from school. One of the apprentice was with my father before i started working in the shop. It is my dream to become a great air condition repairer in the future in order to help the young people who do not go higher in education but have interest in vocational skill to learn air condition repairs as a trade. I need extra money to purchase more air condition parts to sell to my customers when they come with a problem in order not buy such accessories from other vendors. If i get the i hope loan it will increase my profit margin by 35%.

Loan Proposal

My dear lenders i wish to apply for a loan
of $210.00 to expand my air condition repairs
shop. If this loan is given to me i will use it
to buy parts of air condition that i use in the
repairs of air conditions such as evaporators for $90, power cables for $70 and drainage system for $50. These parts will make me serve my customers properly when they bring faulty air conditions. When this loan is given to me it will increase my profit margin so my lenders help me and i will repay my loan on time, thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$197.00

Date disbursed

Sep 5, 2016

Repayment status

Late

Projected term

9 months

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  • Owusu    Jan 5, 2017

    This person told me his business is no more working when I called him. He told me he will pay it when he start working.

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  • Solomon    Sep 5, 2016

    Dear lenders, I have received $197 and I thank you very much for your support. I am going to use the loan to purchase air condition parts to boost my repairs, thank you once again.

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  • Solomon    Aug 27, 2016

    I will use this loan to buy some air conditioner parts like fans, power cables, drainage system, compressor etc. These parts will help my work very much and also increase my profit, Thank you my lenders.

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  • Solomon    Aug 23, 2016

    Dear lender, I would like to express my gratitude to you for your loan and how it has been of great help to my air condition work. I was able to buy some parts of air-conditioners to repair faulty ones. This helped me serve my clients on time that boost my work very much. I am able to pay my younger brother's school fees and also care for my aged parents. Thank you for your support, I am applying for another loan and I will need your help once again.

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  • Solomon    Aug 3, 2016

    I have gained some profit and I want to pay more than the current amount.

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  • Solomon    May 5, 2016

    Dear lenders, i thank you and appreciate your patience. Business has not been favorable these days because customers have failed to pick up their repaired items so it doesn't help me get on well. I hope to increase my payments very soon, thank you once again.

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  • Solomon    Apr 14, 2016

    i cannot pay the full amount due because market is slow nowadays.

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  • Solomon    Apr 2, 2016

    i reduce it to avoid default in payment.

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  • Solomon    Mar 26, 2016

    Dear lender, thank you for your support, i have started using some of the equipment i bought for work. It hastens my work progress so it has made it easy for the first repayment of my loan and i owe all thanks to you. Happy Easter as we celebrate the crucifixion and rise of Christ.

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  • Solomon    Mar 22, 2016

    My cherished lender(s), i am much grateful for the support you gave me. I truly appreciate it and i have purchased the materials and i hope it is going to help my business very much. Thank you once again.

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  • Solomon    Mar 5, 2016

    Thank you my dear lender for funding my loan, i appreciate your generosity. I promise to buy all stated material and also repay my loan regularly, thank you once more.

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