To buy more wood in stock to make more funiture
Obeng
Berekum, Ghana
100% repaid
Entrepreneur
Name
Obeng
Member since
January 2018
On-time repayments
12 installments • 83%
About Me
My name is Obeng Justice. I am the second born of my parents. I attended Mpatasie Presby and Junior High School.
Due to financial difficulty I could not further my education to the senior high school level
I was lucky. One day my uncle who has travel to overseas for the past fifteen years return to Ghana. He asked me what do I want to in future. I told him that I want to be a good and famous carpenter in future.
He helped me to learn carpentry from a famous carpenter nick named carpy. This is how I overcame hardship in future.
The hobby I like best is football. Football is a game played by 22 players. 11 players at one side of the football pitch and the 11 players on the other side of the pitch. It is played for ninety minutes. At the end if the game the team that has the highest number of goals has won the game.
The people in my community celebrate kwafie festival at the end of every year to remember their ancestors and also ask for protection and good health in the coming year.
The children in my community studies hard.
My Business
Carpentry is my work. I am a renowned carpenter. I make funitures for resale. I have large customer base.
I chose this business because the service of a carpenter is needed very much in human life.
It cost me $500 to operate my business in a month. My revenue is estimated to be $200 a week.
I use part of my profit to donate to orphans.
Loan Proposal
The loan will be use to buy wood to keep in stock. The high demand for furniture from me has cause me to buy more wood in stock to control cost of transportation and other overhead expenses.
If I am able to achieve this goal, I will be able increase my revenue by 25% . It will cost $200 to buy the wood. Thanks to the zidisha team and zidisha lenders for accepting my loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$75.00
Date disbursed
Feb 2, 2018
Repayment status
On Time
Projected term
4 weeks
Other loans
Lenders
United States
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