Working capital

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

The loan will be used to buy Polythene bags rolls for further processing into final product for customers .

Income Source

Incase of business risk due to economic changes I will pay off the loan from my salary. But hardly will it be my case.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$133.00

Date disbursed

Nov 16, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

John Minges

United States

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