Nicholas
Sunyani, Brong Ahafo Region, Ghana
100% repaid
Name
Nicholas
Member since
July 2017
On-time repayments
130 installments • 58%
Nicholas Saddari is my name. I am a product of the University of Cape Coast, cape coast Ghana where I studied bachelor of education (BEd) Science from 2008-2012. I am the author of Man Sada Series Science books for Junior High Schools in Ghana. I started writing in 2011 while in school. I am also teacher my profession and I teach at Chiraa Senior High School, Ghana where I also earn my salary. I have been teaching since 2016. I am currently pursuing MSc Sustainable Energy Management from the University of Energy and Natural Resources, Fiapre Ghana where I will graduate this year. I am also an assembly member for sunyani municipal assembly for the past two and half years and still serving till 2019 where another elections will be held.
Man Sada Series is a publication which is into science books. this is a Junior High School integrated science books which is used as a supplementary text books. they are sold directly to schools and others to book shops for individual to also purchased. I also earn income from my teaching through the salary I receive. the salary is sometimes used to support the book business when the need arises.
this loan facility will be used to reinvest into growing the business by buying bond papers which will be use in the printing of the books. the price of each bond in 170 Ghana cedis only which is equivalent to 39 US dollars per each bond paper. this means that i can only buy three (3) reams of the bond papers which is not enough but it can help increase the production. one more person will be employed in addition to reduce unemployment. i will expect a profit margin of between 5-10 percent of this amount invested. part of this profit will be reinvested while the other part will be use to repay the existing loan.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$115.00
Date disbursed
Sep 25, 2017
Repayment status
On Time
Projected term
3 weeks
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Amount repaid
$114.91
Amount remaining
$0.00
Date repaid
Oct 20, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 6, 2017 | $22.98 | Oct 6, 2017 | $22.98 |
Oct 13, 2017 | $34.47 | Oct 13, 2017 | $34.47 |
Oct 20, 2017 | $57.46 | Oct 20, 2017 | $57.46 |
Dixie Davis Dec 5, 2018
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