Charles
Obuasi, Ghana
0% repaid
Name
Charles
Member since
February 2021
On-time repayments
16 installments • 19%
Charles Boadu is my name and a native of Obuasi popular known area in Ghana as a place where the Major Gold is derived. I am completed my Shs at Obuasi Secondary Technical and learnt Metal Engineering as a course. I developed this talent in building cars from tins at my early age and so i follow my passion to learn anything about cars. After Shs life became tough for me as there was no money from my parents to help me persue University education so i decided to further learn trade as an apprentice in car repairs hence my carrier started as a car repairer. I have a daughter and I am yet to marry my baby mama when I am financially stable. I was an athlete in school and was very good at 100 meters.
I sell car parts, batteries, fork lights, and other car accessories. I also repair any car depending of its fault. I make alot of profit from this kind of business as each and every day cars troop to my workshop to demand for my services. I have three apprentices who are also learning from me I hope to give them a better future. I know that becoming a member of this Zidisha community would help me to accomplish my heart desires and I am really glad to here.
The rate at which customers demand for change of batteries at my shop is very high and with this loan I would be able to secure two batteries which would cost Ghc250 per one. I would sell to customers at Ghc 320 per one which would give me a profit of Ghc 72 per one. With this profit increase it would help me to reinvest into the battery business.
I would be paying from the profit I gained from the battery business and also the profit I gained from the services I provide to customers on daily basis.
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Project Type
Classic Loan
Disbursed amount
$132.00
Date disbursed
Mar 29, 2021
Repayment status
Late
Projected term
3 months
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