To buy inventory

Caleb Akwetey-addo

Accra, Ghana

100% repaid

Entrepreneur

Name

Caleb Akwetey-addo

Location

Accra, Ghana

On-time repayments

4 weekly installments  •  75%

About Me

My name is Caleb Calvin Akwetey-Addo, I am 28years old and a graduate from Ho Technical university with accounting background. I was born in koforidua the capital city of Eastern Region in Ghana. I had my basic education in Odumase Krobo a town in Eastern Region. After my tertiary education I worked with several companies in education, hospitality, and a paint company. I have about 6years working experience. My passion for entrepreneurship and also my salaries not being enough to take care of my family made me to resign and start my own paint business. I have been doing this for almost a year now, and I am really enjoying it.

My Business

My business distribute paint to real estates, construction companies, painters, and individuals and companies who want to paint their buildings or offices. Many companies prefer my Paint because is silicone modified acrylic paint which makes it easy to clean when it's dirty. I have one employee and we are currently making about $2,000 monthly on the average with $200 profit. The monthly expenses include salaries($200), transport($70), telephone($10), and the rest go to inventory($1,520). I use some of the profit to take care of my family and invest the rest back in the business.

Loan Proposal

I need the loan to add to my money to buy inventory, so I can be able to supply to the order a customer made.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.74

Date disbursed

Mar 31, 2019

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $0.79

Credit risk payment: $4.88

Lenders

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