Tools and equipment to expand my welding shop

Ebenezer

Berekum, Ghana

100% repaid

Entrepreneur

Name

Ebenezer

Member since

April 2015

On-time repayments

30 installments  •  63%

About Me

Ebenezer Owusu Asare is my name. I am from Berekum in the Brong Ahafo Region.
I started my basic education at Yiadom Boakye Experimental / Demonstration School. It is one of the best basic schools in Berekum. After basic education I furthered at All For Christ technical and senior high. During my secondary educational time i was finding for myself and younger sister since my parents were not in Berekum. I at times close from school and go back to lorry station to go and sell toffees and handkerchief whiles my sister will also go and sell ice water. When i completed senior high i ended my formal education and learned this trade{welding and straightening} due to financial problems that befalls my parents who are just peasant farmers at different region.I had the opportunity to be trained as a straighter by a philanthropist who saw me in the street and convenes me to learn a trade he took me Magazine in Berekum and also paid for my training cost, so i was trained as straighter and have been in this trade for about 5-10 years now. i mastered as a Benz and mini bus specialist . This what is fetching me my daily bread.

My Business

The name of my business is Ebenezer Straightening and Welding. It is located in the heart of Berekum Magazine about 2km from Berekum township towards Dormaa road or Berekum Municipal Assembly. i am into straightening and welding of buses. That is the field that i specialize .
I am also into muddling of burglar proof{security guard} for home windows and doors too.
I choose to master in straightening and welding of Mini buses because most schools ,colleges and businesses in my community use this buses as their main means of transport. Again working on this mini buses us difficult so most straighter do like doing it. I addition most owners of mini buses send their cars to sunyani and kumasi different towns for repairs so i intended to master that area. Actually my capital is small and i need money to buy tools and equipment to expand my business. I would like to use this platform to appeal to lenders invest in my business to enable me to engage more youth who which to learn this trade and also get more tools and equipment to expand my shop too. if i am given $250 a week i can make $50to$ 65 profit per week since people rush in with their buses due to the nearest and quality services provide.
This will also help my people to reduce the cost involve in towing their buses to different places outside my community . Upon getting the loan, i will buy welding rods, metal plates and machine to replace the old one.
i assure you to use the loan for this purpose to facilitate the growth of my business. I plead with lenders to give consideration to my application. i know when i get this my profit margin will increase an can generate a minimum of 40% profit within a week.

Loan Proposal

The amount when giving will be used to buy more tools and equipment to expand my welding shop.
This will enable me to get more apprentice and also help bus owners to reduce their cost of repairs.
my siblings will get their daily bread when my work is fetching big

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$111.00

Date disbursed

Jul 17, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

P

phangsang

Seattle, United States

soniad

Dubai, United Arab Emirates

dlpringle

Denver, United States

D

DanielW

United States

KrautFunding

Hamburg, Germany

J

jowde

Germany

Jon

Sweden

KO

Kevin OBrien

Denver, CO USA, United States

Ask Ebenezer a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...