Samuel
Mampong, Ghana
$0 to go
100% funded of $102 goal
0
days left
Name
Samuel
Member since
March 2017
On-time repayments
85 installments • 0%
I am Samuel . I was born at Ejura in Mampong . Growing up in such a family was really a struggle financially. I indeed had to struggle going to school, leave alone having traveled for 12 km loan fro school without lunch in most cases.However since i had a very burning ambition to study smart and get myself and my children out of such struggles; i passed my examinations and joined university and now working as a high school teacher.Although i work still; the challenges linger in mind. This has prompted me to start a business ; cyber cafe which now supplements my total earnings.The cost of running it are relatively reasonable with much going to an employee and internet provider and electricity.Most of my earning goes into paying for my children's fees after paying the running costs.My children would like to be ; a lawyer, journalist and doctor.
First of all i am a professional high school teacher. My business is a cyber cafe.My business has employed one attendant. I pay a rent for the business of about ghs 100. The attendant earns ghs.500. I need additional funding to enable me stock some soft drinks i.e water and soda, milk among many so as my customers can access them as the are being served. Also i could like to stock blank cds and flash discs which are usually needed by the same customers.I would like to grow and actually expand my business as i said earlier to absorb many employees. In my application i would like to apply for a loan amount that will enable me increase my capital base. I wish to buy 5 (2gb ) flash discs at about 2500ksh. 100 printable Cds at a cost of 200ghs and some 2dozens of 300mm drinking water at a cost of 720 ghs.I hope this will boost by business a lot.
I have done the cyber business for sometime now . It is small a business but growing steadily. I am applying for this loan to assist me by items that i feel on demand. I am applying for &50. Out of this i will use about 200 shs. to purchase printable CD's 250 to buy 4GB FLASH DISCS. This can add on the already running stock. This stock can increase my gross earning by around 50 a month.
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Project Type
Classic Loan
Disbursed amount
$102.00
Date disbursed
Mar 23, 2017
Repayment status
Late
Projected term
19 months
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