Entrepreneur
Name
Michael
Member since
May 2015
On-time repayments
65 installments • 49%
About Me
I am the second born of a family of four. I started my education at the Berekum Grace preparatory school in Berekum. From Grace, I moved to Osei Tutu Senior High School to further my education. After my senior High education, I have not been able to further to the university due to financial difficulties. I then begun to manufacture and sell beauty products, fresh yoghurt and now medicated soaps. I have engaged myself in selling cosmetic products over the years. My people are very unique in their humility and respect for all. I like ready news and playing football. It is the dream of almost every child in my community to become a Doctor.
My Business
My business is a sole proprietorship type of business that deals in the manufacture of liquid soap and fresh yoghurt. I manufacture quality products with less expensive prices. People demand my products because the make the soap has very powerful cleansing ability and also contains chemicals essential for protecting your skin. The yoghurt also provide essential nutrients, boost the immune system and also helps the lactose intolerant. I started this type of business to help me and my sibling in our education. The money I make from this business has helped my family a lot. It has helped me paid for the fees of my siblings and taken care of other expenses. I want to manufacture more useful products to serve my people.
Loan Proposal
When I am given this loan, I will use some to buy more equipment, chemicals, bottles and also hire a tricycle commonly called motor King in Ghana to distribute my products. These products are for the protection of the skin and promotion of healthy growth. These include fresh yoghurt, hair and skin body ointment, cream, pomade, liquid soap and medicated soap. The yoghurt has been manufactured to help the lactose intolerant, boost immune system and also provide the body essential nutrients. The pomade has been made of ingredients that protect the skin cells and also soften the skin. The ointment promotes quick and healthy hair growth, helps control dandruff, helps relieve scalp itch and treat eczema and shingles. The cream is for the relieve of joint and mascular pains. The chemicals and bottles will cost around $150. Hiring of the motor King would also cost around $100.
I wish to expand the business to the nearby villages to enable them gain access to these quality products. This is why I have decided to hire a motor king to do the distribution. Please kindly assist me in expanding my business and also distribution of my products. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$104.00
Date disbursed
Dec 7, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
WOLLONGONG, Australia
United States
United States
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