Producing building & cement blocks

Addai

Kumasi, Ghana

Funds disbursed

$0 to go

100% funded of $1,469 goal

0

days left

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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

Feedback

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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

Other loans

May 2015:  $100

Jul 2015:  $222

Oct 2015:  $496

Jan 2016:  $669

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Ask Addai 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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  • Victoria    May 23, 2017

    I called him and have promise to make payment as soon as possible.

    Log in to reply • Share
  • R

    Rembrandt    Nov 18, 2016

    Dear Addai, I hope you are doing well. Please don't forget to give us some updates on how you are doing! That is always welcome.

    All the best, Rembrandt

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  • A

    Andrei    Sep 19, 2016

    Thanks for the update Nsiah. Are there any further ones?

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  • Nsiah    Aug 9, 2016

    I have called him and he said he would pay

    Log in to reply • Share

  • Addai    Jun 18, 2016

    Is here

    Log in to reply • Share

  • Addai    Jun 18, 2016

    Thank u lenders this is the dampy level I bought with the loan thank you

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  • BernadetteV    Jun 13, 2016

    Addai, you applied for and were given the loan to buy a dumpy level. Shouldn't you buy that with the money you were given?

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    • L

      Lastoni    Jun 14, 2016

      I'm also confused...

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      • Addai    Jun 15, 2016

        Please don't be confused Lastoni I will always be faithful to you, a friend of my sold one dumpy level to me and pay him back later that is why I decided to use the loan for different project but unfortunately his machine was at fault so I have returned the machine back to him to buy different machine with the loan thank you

        Log in to reply • Share

    • Addai    Jun 15, 2016

      Please don't worry BernadetteV I will always be faithful to you, a friend of my sold one dumpy level to me and pay him back later that is why I decided to use the loan for different project but unfortunately his machine was at fault so I have returned the machine back to him to buy different machine with the loan thank you

      Log in to reply • Share

  • Addai    Jun 4, 2016

    Thank you everyone who supported my project I am going to use this laon to buy a dumpy level which will speed up my measurements and levels taking at site and it will also give me accuracy in all my works thank you once again my leanders for how far you are taking me to

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  • Addai    May 21, 2016

    Thank you lenders for supporting my project I will say big thank you all with your loan things have really changed in my life so God bless you all for your support and I hope with your support I can achieve my goal hoping to get your support again

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  • Asante    May 11, 2016

    Please my second loan is still pending more than two weeks.

    Log in to reply • Share

  • Addai    Apr 13, 2016

    Now I am done with My contract due to that I can pay all my loan thank you All My lenders for your understanding and support

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  • Addai    Apr 7, 2016

    Please lenders due to my new contract but I will finish and supply by next week so when I am done I increase the payment again Thank you all lenders I hope you will cooperate with me

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  • Addai    Mar 17, 2016

    Now i have started production and I have started supplying my blocks that is why I have increased my payment I can even pay more that may God bless you all my lenders

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  • Addai    Feb 20, 2016

    Good evening my valuble lenders I Thank
    each and everyone of you for your great support of my production I have made some deposit of sand so very soon production will start where I will increase my payment thank you all

    Log in to reply • Share

  • Addai    Feb 9, 2016

    Now block sand is easy to get so the sand sellers are now preparing a new site where they will get the block sand very soon my weekly payment will adjust again lenders sorry for the inconvenience business will move soon thank you

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  • Addai    Feb 1, 2016

    I am going to use this loan to blocks raw materials (1)I will buy sand $270 (2) I will buy cement $200 (3) I will buy Water $70 and pay my operatives at $108. Thank you all lenders for funding my loan

    Log in to reply • Share

  • Addai    Jan 29, 2016

    I am going to use this loan to blocks raw materials (1)I will buy sand $270 (2) I will buy cement $200 (3) I will buy Water $70 and pay my operatives at $108 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 thank you all lenders for your great support may God bless you all

    Log in to reply • Share
  • VS

    Vicki Stewart    Jan 28, 2016

    Good luck Addai!

    Log in to reply • Share

  • Addai    Jan 19, 2016

    Hello all lenders I thank you for supporting my production with this my loan I bought cement, sand, water and employed two new workers in my community which has reduced the percentage of unemployment in my community due to your support and I have sold all the blocks I made with my loan and I have started a blocks with my interest and celebrated my baby boy birthday on Sunday

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    • (Comment deleted by author)

    • Laparo    Jan 19, 2016

      Hi Addai,

      good to hear that your have two new workers on board. And the party table looks great. :-)

      Cheers

      Andreas

      Log in to reply • Share

  • Addai    Jan 10, 2016

    I have supplied all the quantity of blocks I made with the loan so I can pay higher amount now

    Log in to reply • Share

    • (Comment deleted by author)



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