To repair my photopy machine

Bright

Berekum, Ghana

1% repaid

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How it Works

Entrepreneur

Name

Bright

Member since

October 2018

On-time repayments

36 installments • 42%

About Me

I'm Bright from Berekum but currently at Winneba in the central region of Ghana. I'm a student and also an entrepreneur. I have been a student entrepreneur for approximately three years. Business has been good. I have now intended to open a new shop and employ another workers to work over there. I am from a family of five. I have two siblings, who are all females and also my mother and father. I have lived in Winneba for about fifteen years. I had my basic education in Winneba and also my secondary education at Winneba senior high school. From there I went to University of Education and Winneba campus to be precise since I aspire to be a teacher. I take reading as my hobby and I don't like pets.

My Business

I own and manage a printing press. My shop is located close to the University of Education, Winneba campus. I've two employees working with me. This business has been in existence for more than three years. I took over from my brother who sold the shop to me before leaving the country. I am much into printing and photocopying. I serve the university students who are my sole customers by printing their projects and all kinds of assignment. It is a profitable business but since I lack certain working apparatus sometimes work becomes punishment for me and my employees. I am able to make GHS100 cedis a week of which about GHS35 is my profit. I really enjoy being an entrepreneur but not much concern about the profit I will accrue from my business. All I want is to keep my business run always.

Loan Proposal

I have received several loans with the aim of using it to repair my faulty photocopier machine but it was not enough to repair. The part the hold the ink and also the screen has cracked. Due to this I solicited for an external loan elsewhere in repairing the machine. With this I incure another cost yet I couldn't repair it fully to its original state. Therefore I intend to use this loan to repair it fully and purchase all the faulty parts. I will then use my subsequent loans with is organization to take care of my external loan and see the way forward for my business. I really thank my lenders for their unending support. I will try to meet my on time payment at all times.