Producing building & cement blocks
Addai
Kumasi, Ghana
$0 to go
100% funded of $1,469 goal
0
days left
Entrepreneur
Name
Addai
Member since
April 2015
On-time repayments
141 installments • 30%
About Me
I am mcbright offie, from tafo in the
Ashanti Region of Ghana. I was born on 31st March 1959. I lost
my father at a very tender age and the education of my siblings
and I became the sole responsibility of my mother. After
completing Standard Seven, I took up the challenge to further my
education on my own as three of my siblings were still in
elementary school. I was lucky to enroll in the modular training
programme through which I became a professional teacher. I
decided to go for further studies and as such managed to buy a
taxi cap to help settle my school fees.
My Business
I am mainly involved in the Taxi business. This business has been
a source of income to me for my education. Currently it is the
same business that is supporting the education of my children. I
am able to raise an income of $310.00 a month. Out of this, I
use approximately $35.00 for repairs and maintenance. To me,
the business is very lucrative if the vehicle is always in a good
condition.
Loan Proposal
I am going to use this loan to blocks raw materials (1)I will buy sand $350 (2) I will buy cement $500 (3) I will buy Water $150 and pay my operatives at $250 after producing these blocks is going to help my customers to get their required quantity of blocks and also help my clients build up their house as soon as they are ready rather than to mould their own blocks and wait for it to dry before use. After selling all the blocks I will get 25 % of the total amount
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,469.00
Date disbursed
Jun 11, 2016
Repayment status
Late
Projected term
22 months
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