Entrepreneur
Name
Enerst
Member since
July 2015
On-time repayments
218 installments • 83%
About Me
Tabiri Ernest is my name. I had my education at Infant Jesus Junior High School and furthered my education at Berekum Senior High. During my senior high school days, I started my spare parts shop at Berekum municipality to help me further my education through to tertiary level (since my parents had very little to offer for my fees) and also care for my younger siblings. That business helped me to complete the senior high level. I still do the business but now generate very little profit compared to the high tertiary education school fees. The people of Berekum are peaceful and generous to all kinds of strangers. My hobbies are football and reading.
My Business
The shop was established by my father, who passed it on to me. I sell parts of heavy trucks, bolts and nuts. The goods and services I provide to these heavy truck operators is very demanding because they have to rely on the quality and genuine parts I provide them to travel on long distances to deliver their products. I chose to do the business to raise money to support our education at the various levels. GHS 1300 ($337 USD) is my typical cost per month and the revenue is only GHS 900 ($233). I want to reinvest the money in the shop and in the education of me and my siblings.
Loan Proposal
If I am given the loan, I will use part to support the payment of my school fees and reinvest part of it in my business to generate more income to pay for the school fees of my siblings too. All the school fees together cost around $150 so I will pay part with what I earn from my business and use the loan to support it. This will help release some burden off my parents. They would now be responsible for providing just food for the house. It will also stop them from relying on loans with high interest rates and live a better life. For my business, I expect about 30% increase in profit. Thank you.
About Me
Tabiri Ernest is my name. I had my education at Infant Jesus Junior High school and further my education at Berekum Senior High. During my Senior High School days, I started my spare shop at Berekum municipality to help me further my education through to tertiary level since my parents had very little to offer for my fees and also care for my younger siblings. That business helped me to complete the Senior High level. I still do the business but now generate very little profit compared to the high tertiary education school fees. The people of Berekum are peaceful and generous to all kinds of strangers. My hobbies are football and reading
My Business
The shop was established by my father who passed it on to me. I do sell parts of heavy trucks, bolt and nut. The goods and services I provide to these heavy truck operators is very demanding because they have to rely on the quality and genuine parts I provide them to travel on long distances to deliver their products. I chose to do the business to raise money to support our education at the various levels. GHS 1300 is my typical cost per month and the revenue is only GHS 900. I want to reinvest the money in the shop and in education of my siblings and I.
Loan Proposal
If I am given the loan, I will use part to support the payment of my school fees and reinvest part of it in my business to generate more income to pay for the school fees of my siblings too. All the school fees together cost around $150 so I will pay part with what I earn from my business and use the loan to support it. This will help release some burden off my parents. They would now be responsible for providing just food for the house. It will also stop them from relying on loans with high interest rates and live a better life. For my business, I expect about 30% increase in profit. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 5, 2015
Repayment status
On Time
Projected term
4 weeks
Other loans
Lenders
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