New battery for my tricycle taxi

Adua Ezekiel Akaribo

Odumasi, Ghana

100% repaid

Entrepreneur

Name

Adua Ezekiel Akaribo

Location

Odumasi, Ghana

On-time repayments

17 weekly installments  •  18%

About Me

My name is Adua Ezekiel Akaribo and I am married with a child. As a responsible father I work hard to improve the standard living my of my family. From the northern sector where I hailed from is notable for poverty. So I have to move from my home to settle at Odumasi in Ashanti Regional to search for greener pastures in order to send money to cater for my parents and my own family as a whole. I complete Bolgatanga Shs through the help of a philanthropist and now I have to learn some trading to cater for myself and family. My son is 5 years old want to be a police officer. As being part of the Zidisha Community I know one day I would be able to my life better.

My Business

I have a tricycle which belongs to my employer and I work with it to transport goods across the city. By so doing I get paid and after all day work I am able to make Ghc200 of which Ghc50 is used to settle the employer on daily basis and the rest of the money I use Ghc70 to buy fuel and gets a profit of Ghc 80. This income revenue is subject to change where I get more customers per day. It is my dream that one day I would own as many tricycles of my own and also invites some of my friends from the north who are also jobless to come and also work with me to improve their lifes.

Loan Proposal

I am applying for this loan to.help me buy new battery to use in my tricycle. The old one is very weak and replacing it would really help me to work effectivel and increase my daily sales. I would save the profit and reinvest into my business.

Income Source

I make sales by transporting goods from one place to another and with this I would be able to make payment as expected of me in a timely manner.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.77

Date disbursed

Feb 12, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $4.41

Credit risk payment: $8.97

Optional expediting fee: $8.97

Lenders

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