Entrepreneur
Name
Eric
Member since
February 2016
On-time repayments
62 installments • 79%
About Me
I am Eric Awuah from a town called Chiraa in the brong ahafo region.i am 38 years of age.my parents are mr samuel okra and Madam sara minka.my father died when i was young 7 years so my grandparents took care of me .I started my basic school in Biadan methodist .i furthered my education to the senior high school in berekum secondary school.i got an admission into the university of Ghana but because my grandparents can't afford the fees i was not able to go.so i went to a man who repairs electrical appliances to help me lean to repair it.so the man accepted me to work wit him.i leaned the work for about five years and became qualified to open my own shop.the food i like best is banku and ampesi.the game i like best is hockey and basket ball.I am kind and also humble.I love every body .
My Business
The name of my business is onyame adom electrical shop.i started this business some years ago with a capital of $200 .i started by repairing faulty electrical appliances like television,radio,electrical iron.standing fan and fridges etc.as time goes on i was able to raised my capital to $500 when working for 3 years in this .so i have started selling brand new electrical appliances alongside repairing faulty ones from peoples who have faults in their old electronic appliances which i charged them to pay some amount of money.so i used this money i raised to purchase some new electronics for my shop which i sold to others.i also have four people whom i training them how to repair faulty electrical appliances.now i need to expand my business so that i can look after my little brothers in school.
Loan Proposal
.My dear lenders i need a loan amount of $200.00 to purchase this items into my shop.i will purchase electrical cables,multi sockets,extension boards which will cost $65,i will also purchase rice cooker,standing fan,and electrical iron which will also cost me $80,i will used the rest of the amount of $55 to purchase lamp holders and electrical bulbs.When i get this items into my shop i will manage to get $90.00 every week.It is my dream to look after the needy in my community ,now i have one girl whom i am paying her school fees together with my younger brother. I want to raise enough profit every week so that i can help the needy in my society.My dear lenders i promise to repay back my loan on time,so please help me.Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Mar 3, 2016
Repayment status
On Time
Projected term
14 months
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