Name
Jacob
Member since
July 2020
On-time repayments
27 installments • 48%
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.
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.
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.
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.
✎✎✎
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.
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.
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
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$59.00
Date disbursed
Oct 25, 2020
Repayment status
On Time
Projected term
2 weeks
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