Ghana



Entrepreneur
Evans Sackitey
Prampram, Ghana
Invited By: Cornelius Nartey
Invited Members: 1   View

This Loan
100% Repaid


Disbursed Amount: $50.01
Date Disbursed: Dec 18, 2013
Repayment Status: Early
Repayment Frequency: Monthly Projected Term: 4 months
Cost of Loan: $1.19
Show Cost Details

Lender Interest: $50.01 at 0.81% annual rate over 4 months = $0.17

Service Fee: $50.01 at 5% annual rate over 4 months = $1.02

Total Loan Cost:
$0.17 + $1.02 = $1.19


Story
About Me

I am a young man of 33 years. I completed Tema Technical Institute in 2004 and obtained a City and Guilds Certificate in Block Laying and Concreting.
Since then I have been working on contract basis as a mason on building projects.

On a typical day, I often wake up around 5:00 am to catch the first bus going to my work site. If it is
located far away I prefer to lodge on site for the rest of week, to reduce transport costs.

Currently, I am working on starting a cement sale business as an additional occupation.

My Business

My dream is to start a cement shop business and later block molding. The latter would require heavier investment so that is for the long-term.

A man I once worked for gifted to me his unused container. I intend to refurbish this for my cement shop business. This would help augment my income and make me a business owner.

Currently, I need to weld, screed and roof the container and get it ready for this business. When given a loan, I would use it for these preparatory works.

The source of income that will be used to repay the loan will come from my masonry work.

Loan Proposal

I would use the loan to start the preparatory works needed for my planned cement shop.
Currently, I need to weld, screed and roof my cement shop container and get it ready for business. I would use this loan to pay for welding costs. There are a few rusts and cracks that need to be fixed on the body of the container to make it more secure. I have spoken to a Welder located in my neighborhood and he has assured that he can do this job perfectly.


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Lenders
stanbogdanov

Sofia,  Bulgaria

ideerge

Mountain View,  United States

Discussion
Ask Evans a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Evans Sackitey     Apr 3, 2015

    thanks i promise to be regular with repayments, God bless u all.


  • Kilmeny     Mar 31, 2015

    Thank-you for continuing your repayments, it was good to read about Taylor's visit.


  • Evans Sackitey     Mar 27, 2015

    hi lenders thank u for accepting my loan repayment, i look forward to repay my next loan at the right time.the loan have been helpful to me and i greatful to u all thanks.


  • Taylor Hanna     Mar 26, 2015

    Dear Lenders,

    I finally had the chance to meet Evans last weekend, about an hour outside of Accra. Evans works as a mason at a large construction company that is currently putting up a housing development just out of town. We met outside his work and caught a bus to his land. We check in with the owner of the land (Evans has put down half of the payment so far) and then set off.

    Prampram, the beach town where Evans lives, is quiet enough. But the village of Tsopoli is positively serene. As we walk through bushes and fields, I comment on the cool coastal air – a nice relief from Accra’s sticky heat. Evans says that’s one of the reasons he moved here from his hometown of Ashaiman, a small but important transport hub. “I wanted to feel the breeze of the land.”

    With his Zidisha loans, Evans has been able to put down half of the payment for his lot already. Once he purchases the land, he wants to start his own cement business. He chose this area because it is quiet and the surrounding land is family-owned (buying a plot even adjacent to government land can be a difficult process). But it is also well situated to take advantage of future development. That nearby housing project that Evans’s company is building? That’s meant to support the development of a much larger international airport. So it’s easy to see how an existing cement business could take advantage of this proximity.

    Evans is constantly learning. He spends his free time at the internet café, sharpening his computer skills and learning more about the internet. And he is planning to take construction classes soon to brush up on theory and supplement his practical knowledge. To relax, he enjoys listening to music – especially R&B and Country. “Country?” I asked somewhat skeptically, a Texan myself. He asks me if I know Kenny Rogers. Yep. That’s country.

    Evans is earnest and uncomplicated in the best of ways. His dream is to open his business, live quietly, and be a good husband and father. I know he is incredibly grateful for the support he has gotten from Zidisha in pursuing that dream. And he looks forward to continuing to work with lenders and build his business.

    Thank you,
    Taylor
    Ghana Country Ambassador
    Zidisha

    Pictured: Evans on his land and a tree that I particularly admired.


  • Evans Sackitey     Mar 17, 2015

    hi lenders Good evening i thank u all for your kind gesture towards me, for given me the privileged to become a owner of a land which i will use for the my cement business . with these i will be able to achieve my aim and objectives and it has really made changes in my life God bless u all thank so much.

    • Kilmeny     Mar 18, 2015

      I'm glad that everything seems to be working the way you desire. Thank-you fro your repayments, and I wish you continued success.


  • Evans Sackitey     Mar 3, 2015

    but i have a little problem concerning loans been credited to my account very late, i said these because i have re payed my loan on the 28th of February 2015 but as at now it has not been credited to my account so please my loyal and trustworthy zidisha team do something about it thank you

    • bconrad     Mar 3, 2015

      Dear Evans,

      Thanks for the message! I believe this payment is now posted to your account. It can take up to three business days to post a payment to your account, which is the cause of this delay.

      Thanks,
      Bayle, Country Liaison Manager


  • Evans Sackitey     Mar 3, 2015

    hi zidisha i thank u and the lending team for given me the opportunity to own a land.the loan which u gave me was use for the purpose which i told u. i was able to pay part payment of the the said land that cost the amount of GH5,000,00 but wt your help i was able pay GH1,600,00 which i will pay the rest in installment. thank God bless u all.

    • Kilmeny     Mar 3, 2015

      Hello. I'm glad that you were able to secure the land that you wanted. And thank-you for your diligence in ensuring that your repayments were recorded. I look forward to learning more about your business progress in the coming months.


  • Evans Sackitey     Jan 31, 2015

    I am very grateful to you lenders for all your help in refurbishing my new container. although I have not started business with it yet, but I have made an important preparation for this business. I feel more confident and reassured that this business would take off and be a good investment in the future


  • Evans Sackitey     Dec 30, 2014

    the loan given to me has been helpful to me because i will become a potential business man in the future thank u very much for your support God bless u all thank u.


  • Evans Sackitey     Nov 29, 2014

    i thank you very much for given me the opportunity to explain the reason why i want to change my loan repayment installment .i want to change it in order to score high marks in my on time repayment installment so that i can continue to qualify for loan size increment. and the second reason is the slow movement of minor contract that come to me is a bit dull. i pray and hope that my reasons will be granted ans accepted thank u.


  • Evans Sackitey     Feb 6, 2014

    i thank zidisha service and it lenders for their kind gesture towards me by helping me with a loan to buy materials to roof my container which i will use for my cement business God bless u all thank u.

Summary
Amount Repaid: $51.20
Amount Remaining: $0.00
Status: Fully Repaid
Date Repaid: Jan 8, 2014

Repayment History
Expected Payments Actual Payments
Feb 14, 2014 $12.80 Jan 8, 2014 $12.80
Mar 15, 2014 $12.80 Jan 8, 2014 $12.80
Apr 15, 2014 $12.80 Jan 8, 2014 $12.80
May 15, 2014 $12.80 Jan 8, 2014 $12.80

Evans Sackitey
Prampram, Ghana

100% Repaid