Buying tools to work on vehicles

Dauda Salia

Konongo - Odumasi, Ghana

21% repaid

Entrepreneur

Name

Dauda Salia

Location

On-time repayments

5 weekly installments  •  80%

About Me

My name is Dauda Salia a resident of Konongo Odumasi in Ashanti Region. I grew up as an orphan an was raised by my uncle. At my early stage life was difficult was me as my uncle did not have enough to cater for me so I learnt a profession as an auto mechanic engineer. I graduated and now I am a master of my own. I am married with a girl child. I was able to finish Agogo state Secondary School but couldn't continue because of lack of funds and support. I am in Zidisha to make my dreams of owning the bigger auto mechanic in my community come into reality.

My Business

I repair all kinds of faulty cars both electrical and other faults. I also sell spare parts of cars to individuals who want some. This kind of business is very good as it produce income on daily basis upon servicing of cars. Clients also moved in to buy missing parts of their cars and all this generates profit enough to support the business I am doing .

Loan Proposal

On my previous loan I took a loan to buy tools but the money was not enough to secure all my tools for working. Taking this loan would help me also add some to the tools I have already bought to help me work on Vehicles. With this I would be services all kind of vehicles and in return make more profit.

Income Source

I would pay the loan from the money I gained from the services I provide to customers on daily basis. Thank you

Feedback

None

None

None

Lenders

Isabelle Diwoky

Graz,  Austria

Paul Buchheit

Mountain View,  United States

Cloudways

Malta,  Malta

Aran Dunlop

United States

M

MaggieK

United States

KD

Kent Don

United States

Loan Info

Disbursed amount

$100.04

Date disbursed

Mar 29, 2021

Repayment status

On Time

Projected term

6 weeks

Cost of loan

Service fee: 5% of $100.04 = $4.95

Credit risk payment: $9.89

Optional expediting fee: $9.89

Other loans

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

Loading...

Loading...