To buy working tools for my mechanic 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
I will use the loan to buy some working tools to help my boys who help me at my shop. I will buy the tools for them in order to facilitate their work. This will help me to increase my weekly sales and expand my business. This loan will me to modern tools that Will help to make my work faster. It will will me in increasing my customer base. This is because when you have better tools it makes work easier.
Income Source
Business risk is something that every business is faced with. However, i have made provisions for any unforeseen situation that might come up. I always make sure i save a portion of my income purposely for unforeseen problems. It's not my prayer for any unfortunate situation but in case of any unfortunate situation, the savings i have made would be used to take care of it.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$99.00
Date disbursed
May 26, 2021
Repayment status
On Time
Projected term
2 weeks
Other loans
Lenders
United Kingdom
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