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 loan to buy raw materials(rubber rolls) for further processing into polytene bags for sale
Income Source
In the event that I will not be able to pay the loan from my business due to economic risk I will pay with my salary
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$179.00
Date disbursed
Jan 18, 2021
Repayment status
Late
Projected term
3 months
Lenders
Chicago, United States
Germany
Switzerland
United States
Australia
United States
United States
United States
United States
United States
United States
Knoxville, United States
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