Entrepreneur
Name
Emmanuel
Member since
May 2015
On-time repayments
29 installments • 90%
About Me
Emmanuel Yeboah is my name. I come from Berekum in the Brong Ahafo Region. I started my basic school at Presby Basic School in Berekum. I furthered my education from there to Berekum All for Christ Senior/Technical school. My parents are Teachers by profession. I am the general owner of Emma electricals. I chose this kind of business because my place or area is very good in that business and that place was where I was brought up. Because my place is a new site and people travel to Berekum for their electrical gadgets . If am being given $200 in a week I can get $40to $50 profit a week. The loan will also help me to expand my business and also employ more people.
My Business
Emma electricals is the name of my shop. I started this shop in my area because there a lot of people in that area and they will be needing these products for their works. Since I started this business, I can see that people are always at my shop purchasing. The main products are iron, wire cables, bulbs, building installation materials and many others which people rush to my shop daily for these products . If I invest let say $ 200 within a week I can get $50 profit because as soon as I bring the goods community people come in and purchase them. My business capital is small and I need money to purchase most of the products in order to attract more customers as far as the community population is concerned. The profit will also be used in reinvesting
Loan Proposal
Since we are entering into the Christmas festivity most people would like to repair and install their light in their homes.
As a result of this I will use the loan to buy more cables and other electrical gardgets to fill my shop.
I will also replace my old tools so can do effective and efficient work.
I believe this will help me render better services to my people.
Again the young ones with my locality will also have the privilege to learn my trade.
I would be most grateful to my lenders if they grant my loan for me.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$180.00
Date disbursed
Dec 14, 2015
Repayment status
On Time
Projected term
2 months
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