A loan to start rental business

Evans

Kukuom, Ghana

1% repaid

Entrepreneur

Name

Evans

Member since

May 2015

On-time repayments

234 installments  •  77%

About Me

Evans Ansu Amponsah is a business-minded young man very hardworking, honest and a graduate from the university of Ghana. I am from a small village in the Asunafo South district of Ghana called Kukuom. I am the seventh but unluckiest born of my parents out of ten siblings. This is because i was born with a disability condition. All my siblings leave together in one compound house with me and our parents. Though I enjoy most outdoor games which includes football, basket ball and several others, I cannot play due to my physically challenged condition. Yes! there are times in my life I thought of given up. My parents were not considering me as existing. I remember some time ago when I overheard my mother telling someone that she has nine and a half children. I knew from that day that I am a half rated human in my family. Sadly, this is because of my disability condition. I therefore took it upon my self to work very hard to ensure a better future. My parents didn't spend much on my education. To them, I could never be an advantage. A Catholic church in my village helped me throughout my education. After completion, I decided to start something on my own. At least to feed on. I run a stationary and printing shop in my village. Over the years, it has been the source of income for me. I am hopping to help others through my job.

My Business

Right from childhood, I realised that I am responsible for my own well being, survival and a successful life since my parents never showed readness for moral and financiaI support. To them, I was just a disadvantage sickler with nothing to hope for. All these negative thought about my personality didnt discourage me at all. I read so many books to motivate me. Since help was not comming my way, I decided to begin my own business. Since that time, I have been in business for the past two years up till now. I had a massive growth and positive turn of my business and life when Zidisha lend me a first helping hand loan to purchase a Lesser HP Printer and furnitures respectively which I paid up successfully. Many client from far distances visits my shop for printing. Recently, due the work load on a single desktop computer available in my shop, many jobs that should have been done in my shop are transferred to another shop. But thanks to Zidisha and kind lenders like you, I was able to raised a loan to buy one extra computer and again repaired my old computer as well. This has actually moved my business to the next positive level. With your help, I am able to provide more services to clients which in effect increase my profit with which I was able to pay up the loan on time with good payment record. I didn't enjoy this profit alone. I paid my tithe regularly at church and provided support to my family members as well. With the support from zidisha, I hope to expand my business to be able to employ several jobless university graduates and the youths in my village. It has been my dream to support others. This I want to do by opening a rental business to employ workers.

Loan Proposal

Dear Lenders,
Thank you very much for your continual support in my business. My books and stationary business is doing well. All my workers are very grateful to lenders. I am truelly grateful to you.
The farming season is just about to start. As such, it is my business plans to buy farming machines such as electronic sprayers, motor cycles, cutlasses and several farming tools to be used by farmers on rental basis. I have already hired expects to help me manage each machine. By involving others in my new project means creating job for the jobless individuals in my community. The rental business will be very sucessful. I am hopping to get $ 100 profit weekly.
I humble plead to lenders to kindly help fund my loan.

Feedback

7

None

None

  • Helen Horseman    Nov 13, 2017

    Thank you for full repayment of your loan Evans for the frequent update.
    Best wishes for your business going forward.

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  • Nancy Hull    Nov 10, 2017

    Evans has been dilligent in his responsibilities as a mentor for another borrower I have supported. I am happy to provide the first 1% toward this new loan.

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  • Mary    Nov 8, 2017

    Evans deserves funding for any of his business plans. He has a clear vision of what he wants to accomplish, can adapt to changing markets and has created jobs to employ others in his community. I highly recommend funding any loan he applies for!

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  • Mary    Oct 15, 2017

    Evans is a fabulous borrower. I am thrilled at his vision for helping others in his community. He is what Zidisha is all about and brings great joy to me as a lender. He will be successful in whatever he does in the future. He has a clear vision of where he wants to be and takes the necessary steps to get there. I am proud of all he has accomplished and look forward to funding many more of his loans.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$3,853.00

Date disbursed

Dec 6, 2017

Repayment status

Late

Projected term

26 months

Lenders

W

WinWinNL

The Hague, Netherlands

Lotus Flower

United States

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

Ren

Minneapolis/StPaul, United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

CH

Christian Holck

United Kingdom

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

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  • Evans    Oct 27, 2019

    Good day my lenders,
    I am sorry for my lateness in loan repayment. The reason is that, I lost my mum due to illness which she suffered from. I have to use a lot of money from my business for her healthcare which could not yeild any fruit. I even spent major percentage of my base capital which i use in running my business making my business collapsed eventually. It has affected my business and my private life as well since my wife divorced me due to financial hardship. I have relocated to the village to start all over again as a farmer. Lenders im sincerely sorry for not repaying my loan on time.
    I want to enter into rice farming but to get simple farming tool is problem to me since no body is willing to help me. I belive in God for a better future ahead.

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  • Mary    Oct 14, 2019

    I hope you are doing OK Evans. I know you have had setbacks. I believe in you. You can overcome any challenges that come your way.

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  • Mary    Sep 1, 2019

    I have been thinking about you Evans and hope you are still looking ahead and thinking of the big picture. What businesses do you have running now?

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  • Evans    Apr 16, 2019

    Dear lenders, i am very much grateful to you for supporting my business. It is unfortunate that I am unable to speed up my repayments. The land owners of which i rented the land for my oil extrating business are demanding their land as I was served with court injunction on 23rd september 2018 to vaccate the land. Since then, my business has suffered major setback since my capital is far too low to buy a piece of land for my business. By the grace of God I still keep up my business ideas and with hopes that one day someone somewhere will help me buy a plot of land to commence my business.

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    • Mary    Jul 14, 2019

      I am sorry to hear of your setback Evans. What businesses are you currently running? Do you still have your printing business?

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  • Mary    Apr 11, 2019

    I hope all is going well for you and your family Evans,

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  • Evans    Oct 23, 2018

    I really wish I could speed up repayment of my loan to be able to raise another loan to buy morden oil extraction machine to aid in my business. But my situation is such that I cannot pay up the loan soon because my capital is far too low. Please, help me with a donation. I humble plead with you. My email account is [email protected]

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  • Evans    Oct 14, 2018

    The process of oil extraction

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    • Mary    Oct 16, 2018

      Thank you for sharing photos of the extraction process. It looks labor intensive. I do hope you will be able to modernize quickly. Thank you for looking for opportunities for others in your businesses. I am very proud of all you have accomplished!

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  • Evans    Oct 14, 2018

    This is the actually oil extracting process after the palm fruits are cooked well and transfered into this locally made machine

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  • Evans    Oct 14, 2018

    Slowly, my new business is gaining recognition in my region. I have employed three widows who help in the oil extracting process and palm fruit selection. They do this work manually with their hands. I pay each worker GHc 100 ( $23 ) every month. Though they complain at times, that is what I could afford now.

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  • Evans    Oct 6, 2018

    Can I get donations from kind people like you to enable me get back on my feet again ? This will help me make regular sizeable repayment of my loan.

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  • Evans    Oct 6, 2018

    Another picture

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  • Evans    Oct 6, 2018

    The photos of my work place

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  • Evans    Oct 6, 2018

    Picture 2

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  • Evans    Oct 6, 2018

    Picture

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  • Evans    Oct 6, 2018

    I have a projection of making this palm oil extracting business become very big. I am currently suffering financial difficulties because of the death of my mother. I need better and morden machines to aid in this business as about 80% of the oil extracting process is done manually.

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  • Evans    Oct 6, 2018

    Bit by bit, my new area of business is doing well.

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  • Mary    Sep 21, 2018

    Can you post some pictures of the Palm oil extracting process? I have never seen this done before. Best wishes for great success!

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  • Evans    Aug 28, 2018

    Alongside my first business which has suffered some setbacks for sometime now, I am planning to start the production of palm oil as another business idea. This extracts from palm fruit is use in soap making and other domestic dishes. It is of a very high demand in my region now and the cost of production is very considerable based on the amount of capital to set up the business. I have therefore reemployed people whose services would be needed in this new area of business.

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    • Mary    Sep 3, 2018

      I know you will be successful no matter what business you decide to enter Evans. Keep diversifing. This will cover you when one business is slow another will be busier. I know you are gifted at creating opportunities for others. I am very proud of you for that skill!

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  • Mary    Aug 9, 2018

    Have you been able to get your business back up and running Evans? Any ideas on how to diversify your income for the future? I know you are a wise businessman and can be successful at anthing you do!

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  • Evans    Jun 9, 2018

    Dear lenders, my business is suffering setbacks due to recent fire that occure in my shop. Several of my machines are not functioning at the moment. I have laid off most of my workers who are mostly widows. But I am keeping high hopes that I will be able to get back into full business soon.

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    • Mary    Jun 14, 2018

      I am sorry to hear about the fire Evans. I hope you can get back up and running your business quickly. One of the other Zidisha members sells water sachets. She has started supplying a few others to also sell sachets and lets them keep a part of the profits. Is this an idea your widows can try? Say hello to your family for me, Mary

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      • Evans    Jul 17, 2018

        Thank you very much Mary, I am very grateful. Your suggestion is well taken.

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      • Evans    Aug 28, 2018

        Thanks for the concern. God bless you. I have rented one photocopier machine to aid in the job process. This has stabled my business for some time now. I am hopping to get back on track as soon as possible

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