To buy shaving machines

Alex Amankwah

Techiman, Ghana

100% repaid

Entrepreneur

Name

Alex Amankwah

Member since

July 2016

On-time repayments

111 installments  •  41%

About Me

i was born into a big family of ten . as the seventh child i had to pass through stress and hard work to establish my own business by the help of a friend. i had to follow him everywhere he goes. he taught me how to shave and i acquired all the skills in barbering . at the place where i reside we always work in hand to improve each and everyone my children want to be very useful to the society they belong .i really like to play draft at my leisure time.

My Business

i serve my community by shaving the members in the community. human cannot stay all year without shaving ,therefore i know is going to help . i earn that was the reason why i decided to choose this business . equipment for establishing this business will coast not less than 500$. i will reinvest with the profit that i get into another business,

Loan Proposal

i will still need to buy another machine , a wheel chair ,sterilizer and also aprons, which will all amount to 500$ . it will help my business to flourish and also acquire enough profit for me to cater for the family. my profit will increase to 75% but will still move up with time.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$119.85

Date disbursed

Oct 5, 2016

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $3.04

Lenders

johnfay

Lusaka, Zambia, South Africa

BrassHat

Boston, United States

Josua

Brittnau, Switzerland

AltruisticSelfishnes

Chicago, United States

NhinSD

San Diego, United States

C

cgrumboski

Atlanta, United States

michellev

Melbourne, Australia

P

psimeon

Palo Alto, United States

B

BRTHVL

Hendersonville, United States

K

kipwhite

California, United States

DaveinPerth

Perth, Australia

K

kingmark1

Calgary, Canada

C

CheesemanDan

Shanghai, China

V

valeriesolanas

Stamford, United States

B

briansedz

Canton, Ohio, United States

Jannon

Huntsville, United States

airvillepa

Airville, Pennsylvania, United States

C

chrisherron

Chicago, United States

F

farwest

Alamo, United States

M

mattandrike

Arlington, United States

Jonas Sweep

Utrecht, Netherlands

B

BartenKatrijn

Ghent 9000, Belgium

D

duckdork

De Forest, United States

T

TerrenceM

Wollongong, Australia

IA

Ismini and Jerry

Stamford, USA, United States

A

aiban

Austin, United States

J

jzidi

Los Angeles, United States

P

pillepalle

Osnabrück, Germany

P

pellm

Ashland, United States

dhulsterwim

LIER, Belgium

M

Mooper

Los Angeles, United States

P

PetrusR

balmoral, Australia

rfriedenberg

New Jersey, United States

VALEK

Canberra, Australia

chadgibbs

Loveliest Village, United States

N

Norin

Germany

I

ianb723

ROCHESTER, United States

P

prashant

SUNNYVALE, United States

A

acolomitchi

Eynesbury, Australia

soniad

Dubai, United Arab Emirates

H

happytrailsjpd

South Bend, United States

C

Clben7

Cincinnati, United States

A

Armeij

Veendam, Netherlands

I

Iamzwolf

Middletown, United States

S

SanderBeckers

Brussel, Belgium

A

akshu71

Ottawa, Canada

D

dbuksh

United States

M

Morgan1301

United States

E

EjLehar

Galesburg, United States

Matching Fund

Sterling, United States

C

chrishol

United States

D

DCLending

United States

camden01

Connecticut, United States

Paul Buchheit

Mountain View, United States

M

merk85

United States

S

sarah4d2

Saint Louis, United States

E

ewaters1

Australia

mepster

San Francisco, Ca, United States

J

JonAlec

United States

P

pfeng

United States

Grant Xavier Storer

Seattle, Wa, United States

S

satheajay

United States

adrianz

United States

P

PeterSpencer

United Kingdom

reluck

Marseille, France, France

A

andreab

United States

MW

Matt Willis

United States

Thomas

Basel, Switzerland

A

Anonymous

United States

KW

Kevin Wehber

United States

Francoise Kuenzi

Neuchâtel, Switzerland

Max Lettenberger

Madison, WI, United States

EB

Erica Brescia

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

DW

Dan Winetsky

United States

Paul Buchheit

Mountain View, United States

Ask Alex a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Alex Amankwah    Nov 2, 2018

    I have now restarted my business. So I want to reduce the payment because business is slow and I hope keep a constant payment from now onwards

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  • Fath Kofi Christian    Oct 30, 2018

    He said business is bad.

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  • Fath Kofi Christian    Jul 12, 2018

    Business is almost collapsed. He said he will pay all the amount.

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  • Fath Kofi Christian    Jun 12, 2018

    Alex business is very slow.

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  • Alex Amankwah    May 24, 2018

    Business has slowed down off late, that is why I want to adjust the payment to 50.

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  • Fath Kofi Christian    May 10, 2018

    I spoke to Alex today and he said he has make arrangements to start payments. His delay in payments was due to business which was slow in some week past. He will make payments probably by next week.

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  • Alex Amankwah    May 10, 2018

    Business has been slow for sometime now . I will increase it when things get better thanks

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  • Fath Kofi Christian    May 4, 2018

    His number and the reference does not go true.

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  • Alex Amankwah    Apr 3, 2018

    I received GHS 1227 as my money at hand .I will use the money to buy a big container which will help me to get more customers and also get more profit to cater for my family and the community at large. I really thank you for the loan ....long leave zidisha

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  • Alex Amankwah    Mar 29, 2018

    I will buy new container for my customers to enjoy their hair cut .it will help me to cater for the needy and and also cater for my family
    I realy thank you for my loan long leave zidisha

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  • Alex Amankwah    Feb 25, 2018

    I bought a wheel chair, shaving machines, a mirror, razors, combs,,sterilizer and many more. it has really helped me to expand the business and also cater for m y family. my earnings have increased to 75% but hope to increase with time. I have been able to cater for the needy in the area where I work. my children have been enrolled in the best school and they are given proper education. we organize football games for the youth and they play with pleasure and commitment.

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  • Alex Amankwah    Feb 13, 2018

    Business has really improved

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  • Ankomah Philemon Oppong    Nov 27, 2017

    i called him to remind of it and he said he will do the full payment withing this week

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  • Ankomah Philemon Oppong    Oct 22, 2017

    hi please i talked to him and he said he bought so many materials but has broken down due electricity cut out but he made a promise to pay

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  • Ankomah Philemon Oppong    Aug 28, 2017

    I contacted Mr Alex Amankwah and the reason he gave for the delay in payment was due to faulty appliances which are on repaires .because he has not been working since they got spoilt

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  • Alex Amankwah    Jul 4, 2017

    I will buy shaving machine, razors, combs, mirror a wheel chair which amount to 212$ . it has really helped me to shave my community members, and also it has helped me to cater for my family .my increase earning will move to 85% .I have used it to cater for my family and the needy .organization of games during holidays for the youths in the community

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  • Alex Amankwah    Jun 25, 2017

    Due to slow patronize of business profit earnings have been dropped. But i know all. Will be ok at an appropriate time thanks

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  • Ankomah Philemon Oppong    Jun 3, 2017

    Due to some break down of some of my machines he is now struggling to catch up but he promises to pay in time

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  • Alex Amankwah    Mar 30, 2017

    Business has been very poor now adays but i am working hard to catch up

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  • Alex Amankwah    Feb 28, 2017

    I will buy shaving machines, mirror, combs,razor blades and sterilizer. It will help me to cater for the new business i want to establish and also it will help me to cater for my family. I really thank the entire organization for granting me this loan.

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