Entrepreneur
Name
Jacob
Member since
July 2020
On-time repayments
27 installments • 48%
About Me
I am Jacob Galbah-Nusetor from Ghana. I am a university graduate and I work for a pharmacy in my country as an Accountant. I have the vision of establishing a Polytene bag manufacturing business. I have started on a very small scale using the foot pedal rubber cutting and sealing machine.
My Business
Currently I buy the rubber roll from other manufacturers and use the foot pedal machine to cut and seal for customers. I can produce very few pieces compared to the demand. I want the automatic cutting machine to meet up with demand. I currently support my business from my salary which is not enough as manufacturers want me to order the rolls in large quantities before they produce.
Loan Proposal
I will use all the amount to buy rubber rolls for cutting into carrying bags. This will take my business a little bit further in terms of market share
Income Source
I am a salary worker and will pay from my monthly salary if in case I am not able to pay from my revenue. However let me state that I don’t see that risk happening
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$35.00
Date disbursed
Oct 11, 2020
Repayment status
On Time
Projected term
1 week
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