Working capital for my carpentry shop
Yaw Francis
Berekum-ahenboronoso, Ghana
100% repaid
Entrepreneur
Name
Yaw Francis
Member since
September 2015
On-time repayments
179 installments • 39%
About Me
i am called yaw Francis. i comes from central region of Ghana. i am dark in complexion and about 5.7 feet tall. i am born into a family of six children and i am the older one. i had my education at ajumako in the central region and also continued my education also from the same town. i pursue to a technical education and i learnt a carpentry.
i travelled to accra and worked there for about two years and and a friend invited me to my present station berekum where i have established my shop. berekum is a business town and they love patronizing my goods that i produce from my shop.
currently i am working with two apprentice and some who also works as a casual laborer at shop. i love staying in the town.
My Business
i establish my business berekum about five years ago. i deales in manufacturing of stuffing chairs, wardrobes, kitchen sets etc. i started this business with a capital of 500 dollars. currently i earn about 150 dollars a week and i use some to pay my laborers, send some home for my parents house keeping money, use some to pay for my siblings school fees and use some on my own. if this loan is offered me it will increase my profit margin and i can earn more income daily as well as in the week.
Loan Proposal
i thank you for the opportunity done me. when the loan offered me i will buy leathers, nails, wood, saw, etc which will cost 80 dollars. when this loan is offered me it will expand the shop and my production will increase which affect my profit and it will increase daily. i already have some apprentice but few laborers i will use some of the profit to employ some so that some of neighbors will benefit through this activity. iwll also send some to my family as well.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$184.75
Date disbursed
Oct 7, 2015
Repayment status
On Time
Projected term
8 weeks
Cost to entrepreneur
Service fee: $4.68
Yaw opted to pay
$44.31 into the Zidisha Members
Loan Fund in return for a
higher starting credit limit.
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