To expand my manufacturing site

Michael

Berekum, Ghana

1% repaid

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

Thank you for my previous loans. Now, when I am given this loan, I will use part to buy equipment like stirrer, plastic bowls, thermometer, refractometer, pH strips, bottles for the various products, and so on. They may cost about $120. I would also use part for advertisement. We will print T-shirts for workers, stickers, posters, and banners. We shall advertise on radio stations, TV and have a float in town. These will help make the company and its products popular and know by the public. I pray you help me. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$203.00

Date disbursed

Apr 5, 2016

Repayment status

Late

Projected term

65 months

Lenders

TK

Tim Koppel

WOLLONGONG, Australia

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

Evan Lamos

Brussels, Belgium

johnhudson

Washington, DC, United States

Matthias

Frankfurt Am Main, Germany

Dave Bogard

New York, United States

Roy

Espoo, Finland

MW

Matt Willis

United States

R

Rembrandt

United Kingdom

PG

Paul Graham

United States

Akirahugo

Dortmund, Germany

Lily

Australia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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