Build an affordable apartment for rental

Richmond Amankwaa

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Richmond Amankwaa

Location

Sunyani, Ghana

On-time repayments

225 weekly installments  •  61%

About Me

I started school at Ridge Experimental and later changed to Good News Baptists where I completed my basic education. I started saving part of the money that was provided to me for transportation to school, to buy things that I needed and couldn't ask my mum since she didn't have much money. I started my bread business with the amount I had saved from my salary. Where I live, every body wishes to start something on their own, but the problem is the capital. I don't have children yet but when I marry and have kids I will teach them how to be good entrepreneurs. I have interest in basket ball.

My Business

My bread business is doing good in the market now. Now what I want to do is to complete a one bed room apartment that I have and rent it out. I have a dream to enter into Real Estate because the demand for single rooms and apartments are on the rise. The cost that I am currently incurring in the project are cost of cement, sand, water and labor. I am working as an accountant in a hotel so I will use part of my income to settle the loan weekly. The profits from this one bed room apartment will be reinvested in the bigger project that I will start after this one is completed.

Loan Proposal

This loan will be used for purchasing:
cement 178.72
Sand 388.98
water $13.15
and pay for labour $141.62
The loan will help me complete the project early. Without it I have to be saving towards the project, which makes the work difficult because prices are unstable.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$730.93

Date disbursed

Apr 29, 2016

Repayment status

On Time

Projected term

68 months

Cost to entrepreneur

Service fee: $36.79

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

G

guenter

Bremen, Germany

C

cjmenchaca

Austin, United States

J

Jessica

Patagonia, Argentina

B

blahblah

Nuernberg, Germany

G D Export

Kolkata, India

Cloudways

Malta, Malta

Andreas1974

Fristad, Sweden

pentatonicscale

Niiza-shi, Japan

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

F

flaguy999

Tampa, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

JonB

London, United Kingdom

T

thebonseung

Republic of Korea

Paul Buchheit

Mountain View, United States

SP

Stephen Phillips

Southampton, United Kingdom, United Kingdom

M

mbarbier

United States

Alberto Cereser

Copenhagen, Denmark

Rod Scholl

United States

Richard

Shrewsbury, United Kingdom

Paola M

United States

PG

Paul Graham

United States

Isabella

UK, United Kingdom

A

avangalen

Netherlands

TF

Tom Fawcett

United States

Wayne G

United States

Max B

Saint Louis, United States

JC

Justin cohan

United States

S

stevensau

United States

ND

Neil Dykes

United Kingdom

KE

Karen Epolito

Syracuse, NY, United States

FJ

Flo Jo

United States

GG

Gituru Gitumbi

Seattle, United States

YV

Yuri Vanin

United States

MF

Marissa Fiore

United States

DJ

David Jones

United Kingdom

V

Vidar

Oslo, Norway

R

Richard

Netherlands

HS

Heather Sage

United States

GS

G S

Switzerland

JC

juli camrud

United States

RC

Rudi Chen

United States

A

Ashley

United Kingdom

Carla

United States

SB

Sue Bucholz

Sacramento, United States

MS

Marcus Siegel

San Francisco, United States

WG

Waqar Ghani

United States

E

Elynne

United States

C

Cora

Switzerland

HPK

Switzerland, Switzerland

BW

Betty Waweru

United States

SS

Steve Smith

Winchester, Ma, United States

J

Joni

Finland

HH

Heidi Harris

United States

C

Carlene

United States

Bill Ballew

Kansas City, Missouri, United States

SG

Suresh Gadad

United States

JA

Jan Andresen

Hamburg, Germany

M

mani

United States

Larissa

Germany

Sinan Taifour

Munich, Germany, Germany

E

El

United States

TR

Tereza Raf

Czech Republic

PW

Peter Wang

United States

Ryan Keller

Hong Kong, Hong Kong

Noemi L Dado

Manila, Philippines, Philippines

E

Elizabeth

United States

JG

Jonathan Giuffrida

Chicago, United States

J

Jon

United States

Ren

Minneapolis/StPaul, United States

K

kara

United States

Caitlin Campbell

Chicago, United States

LR

Laetitia Rocha

United Kingdom

Craig Newmark

United States

M

Marama

Australia

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

ES

Evan Simons

United States

Cora and Andi

Frankfurt, Germany

BR

Brandon Ross

United States

Thomas Naimoli

United States

AW

Andrea Wilson

United States

Day Family

Melbourne, Australia

SA

Sam Alan

United States

Donald

United States

LD

Leah Debra

United States

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

Loading...

Loading...

Loading...