To strengthen my wood business
Amoako Yeboah
Berekum, Ghana
17% repaid
Entrepreneur
Name
Amoako Yeboah
Member since
February 2016
On-time repayments
113 installments • 11%
About Me
My parents seperated immediately I was born and my father took me to live with my step mum.My father lost his job so his wife was the one who was taking care of us so it was not easy for me at that time to stay with your father who was been taking care by my step mum. I pass through so many difficulties but I have no choice because my mum was also dead at that time. I manage to finished my Junior high school at christ Apostolic church. My father try very well to take me to Berekum senior secondary school. At that time my father was working as a messenger at a church office so he manage to get small for my education. I finished senior secondary school at Berekum. I pass my exams but didn't have any body to help me continue my education so I went to Accra to hustle. My income wasn't enough to extend my education.
My Business
I started saving money when I went to Accra to hustle. Infact it wasn't easy to go capital town without knowing any one but God guide me through all these hardship. I came back to my hometown (Berekum) to start with the small money I have hustled for. One of my classmate was selling woods so he introduced me to wood business .My friend help me very much because the money I brought was very small for this kind of business but he introduced me to the operators who used to bring him goods and told them to start giving me goods. The operators started giving me goods and for God so good I met good operators to work with. They give me the woods and give me some time to sell it before they come for their money. Since I wasn't having more money I managed to abide by the operators rules so that they will always give me goods. I have managed to save some money which help me buy the goods in cash now since I was not having a wife and a child. But now I have a wife and a son and my wife is also not working so I used some of my money to open a provision store for her.
Loan Proposal
I sell wood for furnitures, roofing,constructions and many more. I started this work for about four years. I buy the woods and sell them.since I have been doing this Job for some years now I have many customers but because my capital is small,the demand for my goods are more than the supply. So I will be very glad if I get this loan to strengthen my business. For my business each wood have its own prices. If I get this loan it will help my wood business to grow,help me to supply more goods at a giving time and also help me cater for my family well and at the same time help me to employ more workers at my working place.If I get this loan my profit will increase to about 30% of what I used to get every week. I usually get about $30 to $40 every week so I will be very grateful if I get this to loan because it will help my family and also help people at my community. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$300.00
Date disbursed
Mar 10, 2016
Repayment status
Late
Projected term
26 months
Lenders
New York, United States
Plainsboro, United States
Germany
Boston, MA, United States
Moscow, Russia
United States
Estonia
Sacramento, United States
United States
Canada
United States
Huntersville, United States
United States
United States
United States
Netherlands
Canada
United States
Netherlands
Australia
United States
United States
Germany
Mexico
United Kingdom
United States
Sweden
Jake Gibson and Beverly Picardo
San Francisco, United States
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