To buy tools for working in my electrical shop
Abugre
Tamale, Ghana
100% repaid
Entrepreneur
Name
Abugre
Member since
May 2021
On-time repayments
10 installments • 50%
About Me
I'm Abugre Robert. I am 20 years of age. I come from Bawku in the upper East region of Ghana. I have completed junior high school. After completing school i decided to go and learn how to repair electrical appliances. I have acquired the skill and therefore i can repair any electrical appliance.
My Business
I'm into electrical repairing. I repair a lot of electrical machines. Some of these electricals include television sets, fans, radio, and many other electrical appliances. My business fetches me a lot of returns on daily basis. I make 100gh cedis per week. I would be very grateful if im I'm offered this loan to enable me expand my shop. This loan will be used in buying machines that will help me to make work move faster.
Loan Proposal
This loan will be used in buying working tools for my electrical shop. This will enable me to work faster. These tools will enhance my work so that I'll be able to meet my target. Some of the working tools I'll need are the metre, screw drivers, etc. This loan will go a long way in helping me to expand my business as well as get more customers. This will bring an increase in my returns per.
Income Source
It's clear that many businesses face a lot of risks these days because of this pandemic(covid-19). However i make savings from the money i get from my work everyday. I save 250gh from the returns i make everyday. This money that i save everyday is meant to take care of any unforeseen circumstances that might occur. Therefore i'm prepared to use part of this savings to pay should anything happens unexpectedly.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$61.00
Date disbursed
May 6, 2021
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
Cerdanyola del Vallès, Spain
United Kingdom
Belgium
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