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
Buy a Block making Machine
Income Source
Sales from the blocks
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Jan 15, 2021
Repayment status
On Time
Projected term
2 weeks
Lenders
United States
Summary
Amount repaid
$12.56
Amount remaining
$0.00
Date repaid
Jan 21, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 23, 2021 | $6.28 | Jan 21, 2021 | $6.28 |
| Jan 30, 2021 | $6.28 | Jan 21, 2021 | $6.28 |
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