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Joel

Asokore- Koforidua, Ghana

100% repaid

Entrepreneur

Name

Joel

Member since

July 2014

On-time repayments

195 installments  •  62%

About Me

I was born on the 10th of February, 1992, 24 years ago in Asokore-Koforidua, in the eastern region of Ghana, located in the New Juaben North Constituency. I come from a family of seven and my parents are Mr. Marcus Aboagye and Mrs. Doris Agyeibea, who stay also in Asokore-Koforidua in Ghana. I have lived with my parents in Asokore-Koforidua, about 4 miles away from the main Koforidua central market with house number ASK/D4. Our building is just adjacent to the main Asokore mosque.

I started my primary education at Prince of Peace Preparatory School in the year 1995 and continued my secondary school in Ghana Senior High School. God was truthful to me, even though I had very tough times pursuing my education. After completion, I came out with excellent grades but needed to hold on for some time before pursing my tertiary education because I had no funds.

As I wait to enter university, I started a wood and logs business to raise some money to start my tertiary education and also serve as a means of sustaining me successfully through my tertiary education. By the grace of God and the input received from team Zidisha, I have been able to successively manage this business for some time now.

I was enrolled in the University of Ghana to pursue a degree in B.Sc. in Dietetics, but I still managed my wood business because it had been my source of revenue for my education.

Currently, I have graduated with a degree in Dietetics and I am undertaking my internship in the Korle Bu Teaching Hospital and still managing my business. I am not married yet but have plans to do so some years later.

My Business

My business started five years ago. Previously I used to transport wood logs from the forest to the marketplaces to sell, and after sometime, I decided to set up a unit to store the logs and process them into furnished goods for customers to purchase directly.

I purchased some wood processing equipment, which was quite expensive, but because there was not enough capital, I purchased the very necessary machines with hopes that I could stock the unit with time. Currently, I have been able to buy some of these equipment I couldn’t buy previously.

My business has seen increment[al increases] in the number of logs I could buy and the amount I could process daily as well as the equipment. Currently, I supply some of these processed wood slates to companies, contractors, and many of the local people for building and furniture.

I supply about 12 communities with my products (slates of wood logs) for their constructional works and furniture. On average, I am able to sell 80 slates of the wood to each community every week. This means I am able to sell on average 960 slates sold in a week to these suppliers in the communities. I also supply on average 800 slates of processed woods to companies and contractors in a week. This means on average I am able to sell 1600 slates of processed woods to the communities and contractors.

Each slate of wood cost 1.80 dollars (7 Ghana cedis), which means I make a sale of $2,880.00 dollars (when 1600 pieces of the slates are sold in the week) and an average of $11,000.00 dollars monthly.

Money gained after the expenses are deducted is used to plough back into the business. Previous loans received from Zidisha have been very instrumental in my business and help to reduce the burden to raising capital for my input. I aim at increasing my loan limit to receive very huge loans from Zidisha. Thank you.

Loan Proposal

This loan will be used to purchase some slates of wood for the communities and contractors I supply. I will use the loan to purchase the wood logs and pay also for their processing in other to supply these processed woods to companies, contractors and many of the local people for building houses and processing into furniture and other goods.

I supply about 12 communities with my products (slates of wood logs) for their constructional works and furniture. Averagely, I am able to sell 80 slates of the wood to each community every week. This means am able to sell averagely 960 slates sold in the week to these suppliers in the communities. I also supply averagely 800 slates of processed woods to companies and contractors in a week. This means averagely am able to sell 1600 slates of processed woods to the communities and contractors.

Each slate of wood cost 1.80 dollars (7 Ghana cedis) which means I make a sale of 2,880.00 dollars when 1600 pieces of the slates are sold in the week and an average of 11,000.00 dollars monthly.

Money from this loan and profit gained from previous sales will be used to purchase these wood logs from the farmers and chain saw operators in order to make the business move on. I aim to increase my limit in order to expand the business greatly. I am very grateful for the previous efforts to fund my loan and trust that you help me with this loan as well. Thank you

Show original English  

About Me

I was born on the 10th of February 1992, 24 years ago in Asokore-Koforidua, in the eastern region of Ghana, located in the New Juaben North Constituency. I come from a family of seven and my parents are Mr. Marcus Aboagye and Mrs Doris Agyeibea who stay also in Asokore-Koforidua in Ghana. I have lived with my parents in Asokore-Koforidua, about 4 miles away from the main Koforidua central market with house number ASK/D4. Our building is just adjacent to the main Asokore mosque.

I started my Primary education at Prince of Peace Preparatory School in the year 1995 and continued my secondary school in Ghana Senior High School. God was truthful to me even though I had very tough times pursuing my education. After completion, I came out with excellent grades but needed to hold on for some time before pursing my tertiary education because I had no funds.

As I wait to enter university, I started a wood and logs business to raise some money to start my tertiary education and also serve as a means of sustaining me successfully through my tertiary education. By the grace of God and the input received from team Zidisha, I have been able to successively manage this business for some time now.

I was enrolled in the University of Ghana to pursue a degree in BSc Dietetics but I still manage my wood business because it had been my source of revenue for my education.

Currently I have graduated with a degree in Dietetics and undertaking my internship in the Korle Bu Teaching Hospital and still managing my business. I not married yet but have plans to do so some years later.

My Business

My business started five years ago, Previously I used to transport wood logs from the forest to the market places to sell, and after sometime, I decided to set up a unit to store the logs and process it into furnished goods for customers to purchase directly.

I purchased some wood processing eqiupment which were quite expensive but because there were not enough capital, I purchase the very necessary machines with hopes that I could stock the unit with time. Currently I have been able to buy some of these equipment I couldn’t buy previously.

My business has seen increment in the number of logs I could buy and the amount I could process daily as well as the equipment. Currently, I supply some of these processed wood slates to companies, contractors and many of the local people for building and furniture.

I supply about 12 communities with my products (slates of wood logs) for their constructional works and furniture. Averagely, I am able to sell 80 slates of the wood to each community every week. This means am able to sell averagely 960 slates sold in the week to these suppliers in the communities. I also supply averagely 800 slates of processed woods to companies and contractors in a week. This means averagely am able to sell 1600 slates of processed woods to the communities and contractors.

Each slate of wood cost 1.80 dollars (7 Ghana cedis) which means I make a sale of 2,880.00 dollars when 1600 pieces of the slates are sold in the week and an average of 11,000.00 dollars monthly.

Money gained after the expenses are deducted is used as plough back into the business. Previous loans received from Zidisha has been very instrumental in my business and help to reduce the burden to raising capital for my input. I aim at increasing my loan limit to receive very huge loans from Zidisha. Thank you

Loan Proposal

This loan will be used to purchase some slates of wood for the communities and contractors I supply. I will use the loan to purchase the wood logs and pay also for their processing in other to supply these processed woods to companies, contractors and many of the local people for building houses and processing into furniture and other goods.

I supply about 12 communities with my products (slates of wood logs) for their constructional works and furniture. Averagely, I am able to sell 80 slates of the wood to each community every week. This means am able to sell averagely 960 slates sold in the week to these suppliers in the communities. I also supply averagely 800 slates of processed woods to companies and contractors in a week. This means averagely am able to sell 1600 slates of processed woods to the communities and contractors.

Each slate of wood cost 1.80 dollars (7 Ghana cedis) which means I make a sale of 2,880.00 dollars when 1600 pieces of the slates are sold in the week and an average of 11,000.00 dollars monthly.

Money from this loan and profit gained from previous sales will be used to purchase these wood logs from the farmers and chain saw operators in order to make the business move on. I aim to increase my limit in order to expand the business greatly. I am very grateful for the previous efforts to fund my loan and trust that you help me with this loan as well. Thank you

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,466.00

Date disbursed

Dec 9, 2016

Repayment status

On Time

Projected term

6 months

Lenders

Daniel

Brussels, Belgium

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

K

Kondonassis

Bridgton, United States

D

Delph007

Den Haag, Netherlands

carlos vendrell

Barcelona, Spain, Philippines

W

Walter

Victoria BC, Canada

TG

The Gwarden

Göteborg, Sweden

K

Krokslatt

Mölndal, Sweden

BrassHat

Boston, United States

DuAel

Orvault, France

eagle3

Grand Ledge, United States

M

Meckel

Boulder, United States

cyrus0302

San Francisco, United States

G

Gastao

Covilhã, Portugal

D

drjofleming

UK, United Kingdom

COOPITALIST

Toronto, Canada

José Antonio

Carapicuíba, Brazil

D

Davieboy

Melbourne, Australia

P

ploeger

Perkasie, United States

ErikN

Stockholm, Sweden

D

Debock

Dresden, Germany

T

Tec69200

Jacksonville, United States

F

Fiodal

Helsinki, Finland

artnking

College Place, United States

Kjartan

Oslo, Norway

Raoul72

Naarden, Netherlands

MarktheMormon

Sandy, Utah, United States

Ambrose

Calgary, Canada

Scott

Oregon, United States

T

tloureiro

Pfungstadt, Germany

R

Roman

Barcelona, Spain

AnnaChristina

Pittsburgh, United States

M

mogensh

København V, Denmark

RemyWay

Phoenixville, United States

Svenip

Vienna, Austria

todbookless

Tukwila, United States

MakeSense

-, St. Kitts and Nevis

J

JakeA

Wellington, New Zealand

C

cjmenchaca

Austin, United States

E

ericcamden

Berkeley, United States

J

Jessica

Patagonia, Argentina

J

Joyful

Philadelphia, United States

Apmay

Melbourne, Australia

Sister

Kongsberg, Norway

J

jdhowa2

Louisville, KY, United States

HansLindgren

Uppsala, Sweden

JimVandegriff

Trinidad, California, United States

H

hilde

seattle, United States

Tavin

Ottawa, Canada

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

O

OneSummer

Muenster/Westphalia, Germany

C

chrisherron

Chicago, United States

H

hanh352

Homosassa, United States

indeh

London, United Kingdom

KM

British Columbia, Canada, Canada

Quentin

Toronto, Canada

Z

Zippo

Berlin, Germany

A

Aman

Johannesburg, South Africa

ReducedFat

Lake Forest, United States

B

bopsquod

Seattle, Wa, United States

E

ebronken

Oslo, Norway

Cloudways

Malta, Malta

B

bugsheep

Houston, United States

lorello

Vicopisano, Italy

D

davide

Vallentuna, Sweden

AdvancingCompassion

San Diego, United States

J

JoeSolar

Virginia, United States

G

Goodwill

Oakland, United States

B

BClay

Campbell, United States

M

Mark

Melbourne, Australia

mtnsailor

Harrisonburg, United States

S

Sherry

Pittsburgh, United States

ads68

Melbourne, Australia

R

Rking

Eugene, United States

P

Prysdahl

Marshall, United States

Christopher

Copenhagen, Denmark

P

Patrick5678

Beijing, China

dhulsterwim

LIER, Belgium

P

PetrusR

balmoral, Australia

E

eboleaga

Mexico City, Mexico

E

erogers

Vancouver, Canada

L

leeirel

Edmonton, Canada

C

cngilkd

gaithersburg, United States

C

Caalve

Bratislava, Slovakia

A

alkemyst

Geneve, Switzerland

JC

Jordi Cohen

New York, NY, United States

hugomesser

Blokker, Netherlands

fairspirit

Utrecht, Netherlands

rhagen

New York, United States

K

kikusin

Shanghai, China

Danielle

Adelaide, Australia

camilberlin

Berlin, Germany

K

KnutG

Bergen, Norway

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Robert D

Houston, United States

M

Marod

Edmonton, Canada

mikeoberhaus

San Francisco, United States

Anto82

Eraclea, Italy

A

Andrii

Kiev, Ukraine

tswickrama

Orlando, United States

Hedwich

Gorssel, Netherlands

B

Bokolo

Leeds, United Kingdom

M

mmisoo

Nova Dubnica, Slovakia

H

HobbyCollector

Beach City, United States

F

Forfex

Zurich, Switzerland

Hank

Göteborg, Sweden

stever

Cape Coral, United States

JonB

London, United Kingdom

H

Habroukema

Austin, United States

D

Dutch_lender

Leiderdorp, Netherlands

S

seikatsu

Palo Alto, CA, United States

O

osterqvist

Linköping, Sweden

J

jumpfunky

Dortmund, Germany

kalidanthepalidan

Denver, United States

P

pvranas

Boulder, United States

Freewolf

Salt Lake City, United States

L

Lennert

Alphen aan den Rijn, Netherlands

M

Margi

Littleton, United States

K

Kristell

Middelburg, Netherlands

O

ormung13

Christchurch, New Zealand

J

jonastang

Hong Kong, Hong Kong

C

Clben7

Cincinnati, United States

G

guggl

Vienna, Austria

dlpringle

Denver, United States

J

joliver

Vancouver, Canada

G

GJ239

Vado, United States

sderickson

Berkeley, CA, United States

O

oonbug

United States

J

janakan

Hong Kong, Hong Kong

Shemuel

New Jersey, United States

S

sparty0410

Chicago, United States

H

HoseB

San Francisco, United States

T

thegreek1020

San Jose, United States

C

chrishol

United States

MalcolmL

San Francisco, United States

T

tlbtlbtlb

United States

C

ColoradoEmac

United States

J

Jonas

Linköping, Sweden

T

theironbank

United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

D

DandS

United States

P

plhughes

United States

K

karthich

Austin, United States

M

merk85

United States

poorinvest

Sandefjord, Norway

A

ahgillett

United Kingdom

B

bugdaniel

Switzerland

K

Kber9156

North Parramatta, Australia

M

Maria

SANTANDER, Spain

K

Kimbo

Vietnam

larry

Sweden

C

charleen

United States

K

kalei

Germany

Megan

United States

mepster

San Francisco, Ca, United States

Lisbeth

Perth, Australia

P

peete

Germany

S

sarahb

United States

T

Tim47

United States

M

Medagan

San Franciso, United States

Pascal Coyles

Ghent, Belgium

J

jocor

Germany

N

Nicolaas

Doha, Qatar

adrianz

United States

C

Crainster

Chapel Hill, United States

M

mcgeefamilyny

United States

SuperMario28

Cudahy, United States

V

VeraG

Germany

Kyle Hoback

Omaha, United States

K

Kelly729

United States

A

andreab

United States

KM

KHS Microfinance

Tampa, United States

Nigel Titley

Milton Keynes, United Kingdom

UD

Ulf D

Frankfurt am Main, Germany

Peter R

Fulda, Germany

P

pombo

United States

H

Hans

Germany

B

Bernhard

Baden - Baden, Germany

UN

Uwe Neumann

Frankfurt Germany, Denmark

M

Marco

Bologna, Italy

Dave Bogard

New York, United States

Robin Goodfellow

Vancouver, British Columbia, Canada, Canada

SK

Scott Kregel

United States

R

Robert

Berlin, Germany

CG

Cathy Gill

Baltimore, Maryland, United States

Elly

Woudrichem, United Kingdom

PC

Patrick Clavette

Hartford, Wisconsin, United States

jtreyes

United States

H

Hakon

Drammen, Norway

JT

John Tabacchi

United States

RH

Rich Herzig

United States

Tanner Schachtel

Victoria, Canada

BV

Ben Veal

United Kingdom

moursund

Beaver Nation, United States

JK

Hamburg, Germany

Max Lettenberger

Madison, WI, United States

Kevin

San Francisco, United States

KD

Kent Don

United States

BS

Bruno Silva

United States

EB

Erica Brescia

United States

V

Vivek

Arlington, VA, United States

Mouhamed

United States

MG

Meron Gribetz

United States

R

rpavey2

United States

Cameron Graham

Nashville, TN, United States

NH

N Holt

United States

C

cota

United States

JD

Jeff DePree

United States

S

Selloman

Geesthacht, Germany

Oliver Hasenberg

Iserlohn, Germany

T

Trish

United States

N

nprad

United States

George

Corvallis, Oregon, United States

G

GS2

Germany

Isabella

UK, United Kingdom

MS

Mark S Yourek

United States

Eugen Stamm

Zurich, Switzerland

Shawn Stice

Kansas City Missouri Central Region USA, United States

JP

Juber Patel

United States

T

Tucker

United States

Cliff

United States

Heidy

N J, United States

Will

United States

AG

abel ghita

Bucharest, Romania, Italy

J

Jooles

Australia

R

Roanna

Alberta, Canada, Canada

BM

Billy Merritt

United States

B

Bramlage

United States

UK

Uday Kolluri

New York, Singapore

Roman Achmatow

Leipzig, Germany

AH

Alex Hodson

United States

L

LK

United States

Ondrej Gutten

Prague, Czech Republic

Y

YTSJ

London, United Kingdom

Tam Thao Nathan

United States

D

Dermo

Dublin, Ireland

TW

Tyler Wood

United States

Philip Schueler

Newbridge, Ireland, Ireland

JC

Justin cohan

United States

S

stevensau

United States

K

Katka

St Albans, United Kingdom

YV

Yuri Vanin

United States

V

Vidar

Oslo, Norway

PD

Provincial Desk Jock

Aberdeen, Scotland, United Kingdom

S

Stephanie

Zurich, Switzerland

AC

Aaron Curtis

United States

H

Huub

Switzerland

I

isaac

United Kingdom

RC

Rudi Chen

United States

M

Magnus

Switzerland

B

Boris

Bern, Switzerland

feisty penguin

United States

SB

Sue Bucholz

Sacramento, United States

WL

William Lisa

United States

MS

Marcus Siegel

San Francisco, United States

J

Joe

United States

E

Erika

Ontario Canada, Canada

M

Mike

Australia

E

Elynne

United States

JB

John Brown

United States

E

EABF

Netherlands

W

Wim

Netherlands

HPK

Switzerland, Switzerland

SS

Steve Smith

Winchester, Ma, United States

KirstenAlana

Los Angeles, United States

Angela Linwood

Minneapolis, Minnesota, United States

C

Carlene

United States

Jes-c

United States

B

Brett

Australia

T

Tom

Switzerland

RG

Ravi Gadad

United States

Bill Ballew

Kansas City, Missouri, United States

Zack Stein

United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

E

Elle

New York, United States

L

Laura

San Francisco, United States

DF

D F

United States

RK

Robin Kline

United States

emilio

Sestri Levante, Italy

JA

Joe and Deb Rinella

Kansas City Metro, United States

SA

Shar Alamdari

Los Angeles, United States

PW

Peter Wang

United States

Raymond Murphy

Carson Valley, NV, United States

E

Elizabeth

United States

MP

Matt Patton

United States

J

Jon

United States

L

Lucy

Australia

K

Katharina

Germany, Germany

A

Annekatrin

Switzerland

Caitlin Campbell

Chicago, United States

LR

Laetitia Rocha

United Kingdom

J

jennie

Guatemala

Martin Kraus

Traiskirchen, Austria

Craig Newmark

United States

Romesh Fernndo

Perth Australia, Australia

H

Hans

Czech Republic

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

WS

Warren Shen

United States

Andrea

Rome, Italy

Humble Bundle Community

San Francisco, United States

ES

Evan Simons

United States

Curious Customs

Austin, Texas, United States

Cora and Andi

Frankfurt, Germany

JA

Joshua Axtell

United States

SM

Sue MacFarlane

United Kingdom

K

keithlaycock

United Kingdom

AB

Ashley Baal

United States

E

Eric

Canada

Katie

United States

Thomas Naimoli

United States

Day Family

Melbourne, Australia

A

Ari

United Kingdom

HD

Hardik Desai

United Kingdom

BE

Bob Ewing

United States

V

VJ

Canberra, Australia

AL

Ada L

Boston, MA, USA, United States

PC

Peter Cordier

United States

MS

Mona S

United States

L

Lastoni

United States

D

Dalton

San Francisco, United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

The Weltys

Averill Park, NY, United States

E

ericb321

Republic of Korea

Jean Wren Chan

United States

GS

Gary Sinard

Franklin, TN, United States

ED

Eunan Doherty

donegal ireland, Ireland

Kenny

San Diego, United States

R

Raffins

United States

Menno

Adelaide, Australia

KK

Kurt Kellner

United States

M

Mack

Harbor, Oregon, United States

DH

D hollingworth

United Kingdom

E

eleni

United Kingdom

Emily

San Francisco, United States

R

RMIM

United States

KA

Khaled Asmri

Saudi Arabia

D

duga

United States

Mike

Indianapolis, United States

WC

Walter Clarke

Phoenix, United States

B

Brian

Rancho Cordova, United States

Paul Buchheit

Mountain View, United States

E

erick0524

United States

SS

Sandi Smith

Pimpama. Queensland, Australia

A

Anonymous

United States

John Barnett

United States

Rasmus

Norway

BN

Brian Neilon

United States

Ask Joel 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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Summary

Amount repaid

$1,379.79

Amount remaining

$0.00

Date repaid

Jul 3, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 18, 2016 $48.16 Dec 19, 2016 $48.16
Dec 25, 2016 $48.16 Dec 25, 2016 $48.16
Jan 1, 2017 $48.16 Jan 2, 2017 $48.16
Jan 8, 2017 $48.16 Jan 8, 2017 $48.16
Jan 15, 2017 $48.16 Jan 16, 2017 $48.16
Jan 22, 2017 $48.16 Jan 26, 2017 $48.16
Jan 29, 2017 $48.16 Feb 3, 2017 $48.16
Feb 5, 2017 $48.16 Feb 5, 2017 $48.16
Feb 12, 2017 $48.16 Feb 16, 2017 $48.16
Feb 19, 2017 $48.16 Feb 23, 2017 $48.16
Feb 26, 2017 $48.16 Mar 2, 2017 $48.16
Mar 5, 2017 $48.16 Mar 9, 2017 $48.16
Mar 12, 2017 $48.16 Mar 16, 2017 $48.16
Mar 19, 2017 $48.16 Mar 24, 2017 $48.16
Mar 26, 2017 $48.16 Apr 3, 2017 $48.16
Apr 2, 2017 $48.16 Apr 5, 2017 $48.16
Apr 9, 2017 $48.16 Apr 14, 2017 $48.16
Apr 16, 2017 $48.16 Apr 22, 2017 $48.16
Apr 23, 2017 $48.16 May 3, 2017 $48.16
Apr 30, 2017 $48.16 May 4, 2017 $48.16
May 7, 2017 $48.16 May 11, 2017 $48.16
May 14, 2017 $48.16 May 19, 2017 $48.16
May 21, 2017 $48.16 Jun 1, 2017 $48.16
May 28, 2017 $48.16 Jun 9, 2017 $48.16
Jun 4, 2017 $48.16 Jun 14, 2017 $48.16
Jun 11, 2017 $48.16 Jun 20, 2017 $48.16
Jun 18, 2017 $48.16 Jun 27, 2017 $48.16
Jun 25, 2017 $48.16 Jul 3, 2017 $48.16
Jul 2, 2017 $31.30 Jul 3, 2017 $31.30

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