Making polyethylene bags

Jacob

Accra, Ghana

100% repaid

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 the money to buy raw materials for the production of polyethylene bags.
These will be distributed to consumers in the supply chain.

Income Source

Risk and Revenue Information: In case I am faced with risk due to economic
and political reasons, I am willing to pay the loan from my salary.

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Show original English  

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 the money to buy raw materials for the production of polyten bags. This will be distributed to consumers in the supply chain

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$59.00

Date disbursed

Oct 25, 2020

Repayment status

On Time

Projected term

2 weeks

Lenders

K

Kenny

United States

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