Buying shop equipment (e.g., welding metals, etc.)
Osei
Techiman-b/a, Ghana
1% repaid
Entrepreneur
Name
Osei
Member since
October 2017
On-time repayments
60 installments • 7%
About Me
My name is Osei Christopher, I am 26 years of age, I am born at Techiman that is my home town. Parents are Mr Osei Munufie Mrs Adjoa. We all lives in Techiman. My siblings are Nuella ,Simon and Kwame. I completed junior high school. But I could not further my secondary education due to financial difficulties. I decided to do vocational work. That is welding of metals and all sort of metal works.l like visiting old ladies and the aged peoples and share words of encouragement and seek bleedings from them. Putting up aged home is my vision for the future. Our too is very interesting and it is organized every year once. It attract all foreigners who comes to do businesses. Hoping one day lenders will be here to watch it.
My Business
Ideals with metals works.I make iron gate, cooking pot, gas oven etec. This work is very lucrative. For instance if make cooking pot I sell it at a price of 4$ one oven for baking bread is sold at 21$ . This the reason why am calling for financial support in other to increase the profit margin in my business. The profit I will get out of this business will help me take care of my younger siblings since my parents are not able to cater for them as expected.
Loan Proposal
I thank the noble association (Zidisha) for what they have been doing for the individuals in their communities.
I will use this amount to buy one gas cylinder which cost an amount of $46. I will also buy some welding metals which is $20 . I will use the remaining to buy wooden material to maintain my shop $24 . this will increase my profit margin from $11 to $15 in a week. The profit can be used to pay me weekly installment also support the family.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$73.00
Date disbursed
Feb 2, 2018
Repayment status
Late
Projected term
13 months
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