Buy tricycle for transport services

Derrick Selorm Lovewin Ahiahonu

Somanya, Ghana

60% repaid

Entrepreneur

Name

Derrick Selorm Lovewin Ahiahonu

Member since

March 2016

On-time repayments

84 installments  •  71%

About Me

I am a young man who strongly believes in investments. I am currently a professional teacher. I have responsibilities to take care of, being the breadwinner of my family.
l have therefore invested in some business ventures. An Everpure water depot in Somanya is being managed by my brother. I hereby need this loan to increase the quantity of goods supplied.

My Business

My line of business is an Everpure water depot at Somanya. Profits generated are used to pay school fees for my brother and also to solve some personal problems. I want to increase the quantity of goods supplied. I currently am able to take 500 sachet bags and 50-60 boxes. This quantity is sold within a month. The increasing demand by customers is what calls for this loan.

Loan Proposal

Hello Lenders! Determination is key to success. Thanks for your support ever since I join Zidisha. It has really saved my business. I now want to add transport of the bought sachets of the waters to help customers have a safe delivery of them. Hence the need of the tricycle. It cost $600. After funding of this loan I'll add some generated revenue to purchase it for use. The tricycle will also geberate income when bought hence making life more simple. Thank you and I humbly plead for your support in funding this loan.

Show original English  

About Me

I am a young man,who strongly believe in investments,am currently a professional teacher n have responsibities to take care of,being the bread winner of my family
l have therefore invested in some business venture.An Everpure water depot in somanya n is being managed by my brother.I hereby need this loan to increase the quantity of goods supplied.

My Business

My line of business is an Everpure water depot at somanya,profits generated is used to pay fees for my brother and also solve some personal problems.I want to increase quantity of good supplied. currently am able to take 500 sachet bags and 50-60 boxes.This quantity is sold within a month. The increasing demand by customers is my worry that is what calls for this loan. I therefore want to increase the intake from 60 boxes of bottled water to 100 boxes and 500 to 800 sachets which cost 600£.

Loan Proposal

Hello Lenders! Determination is key to success. Thanks for your support ever since I join Zidisha. It has really saved my business. I now want to add transport of the bought sachets of the waters to help customers have a safe delivery of them. Hence the need of the tricycle. It cost $600. After funding of this loan I'll add some generated revenue to purchase it for use. The tricycle will also geberate income when bought hence making life more simple. Thank you and I humbly plead for your support in funding this loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$211.37

Date disbursed

May 20, 2018

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $5.95

Credit risk payment: $11.90

Lenders

Y

Yasha

Beer Sheva, Israel

ads68

Melbourne, Australia

Treesforpeople

Oxfordshire, United Kingdom

TyWee

Manila, Philippines

PC

Patrick Clavette

Hartford, Wisconsin, United States

Emma

Australia

Benjamin Kniaz

Boston, United States

Alex

Ohio, United States

Paul Buchheit

Mountain View, United States

Michael Bauschke

Dresden, Germany

SM

Shawn Murphy

United States

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