Entrepreneur
Name
James
Member since
January 2021
On-time repayments
20 installments • 30%
About Me
A dedicated, detailed and capable business executive for over 26 years of experience in finance, accounting and management. An academia with a strong research, coaching and a presenter at conferences through lecturing and facilitating knowledge transfer in international finance, accounting, capital markets, and change management. Seeking to transfer the rich experience and the repository of knowledge to support the unemployed because of my history of destitute to where I am . Currently, I am a CEO of a microfinance company and looking to fund a block making factory which will employ in total 70 people.
My Business
Producing Hollow and solid block and pavement block to meet the growing demand of the Real Estate Industry in Ghana. The machine can produce an average of 5000 blocks per day with an average price of GHS 5 generating about GHS 25,000 per day. With a conservative combination of cost and revenue analysis, a net profitability of 40% is expected daily.
Loan Proposal
Will use the loan to purchase insecticide to pray the premises to avoid pest infestation. That will also keep the environment safe for work to proceed.
Income Source
Demand for the blocks is on the rise and I will increase production to meet the rising demand which will enable me pay for the loan.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$228.00
Date disbursed
Feb 26, 2021
Repayment status
Late
Projected term
3 months
Lenders
Fontvielle, Monaco, Yemen
Pitten, Austria
Amsterdam, Netherlands
United States
United States
United States
United States
United States
United States
United States
Washington State, United States
United Kingdom
Germany
Germany
Germany
Ireland
רעננה, Israel
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