Loan to buy tools for my for my repairer shop

Entrepreneur

About Me

My name is Augustine Frimpong .I was born 13th October 1987 in Dormaa Ahenkro in the Brong Ahafo region .I come from a family of 5 members that i love very much because we are very close. We are almost of the same age because we have a gap of one year each. I love our family very much. I went to school in my local village school. I thank God that i made it to high school. We were so many that my parents had really to struggle to make sure we got school fees. This made me to be so close to my parents so much that ware farmers but unfortunately both pas away. So I learn how to maintain electrical appliances and how to install them in order to survive and support the other members in the family.

My Business

Augustine’s Repairs is a small business which was founded by Augustine Frimpong in the year 2012. The company has operated in Dormaa Ahenkro, located just beside the walls of Aduana park and opposite Roman secretariat. It has been in existence for the past three years working on both small and large scale repair, and alteration projects focusing on residential contracting. With the business boom and unemployment rate that is occurring in the community as a result of people eager to build houses and the desire to improve overall profit margins, to employ more people from the community, and to provide good and cheap services to the people in the community, I have planned to shift its target market from the local clients to the entire community customers. This business plan will lay out my goals and tasks to make this transition successful and create enough market shares for the betterment of the community at large.
I am the sole owner of Augustine’s Repairs. It began in 2012 just after my college education with one employee but currently I have employed five workers all from my community. The business was established to provide maintenance to all kinds of electrical appliances materials for easy access for the community since it was very difficult for the people to afford the individual materials for their building project. I started the company with initial capital of 2500 dollars. Augustine’s Repairs offers services such as design work, maintenance, alteration, and utilities installation.
Dormaa Ahenkro area is booming this moment, overall business growth during the past two years has averaged approximately 900 dollars a week. Hoping to be offered this wonderful opportunity to buy the necessary equipment such Ion, screw drivers and binding materials, which sum up to 100 dollars?

Loan Proposal

When funded i will buy some ion which cost 20 dollars. Screw drivers of different sizes goes at cost of 30 dollars, table which cost 25 dollars lead also 25 dollars, all sum up to 100 dollars. I will be able to repay every loan that will be given to me since the expansion will increase my daily profit profit to about 10% this will help me to rich out to more costumers. I will be very grateful of your considerations.

Feedback

Loan Info

Lenders