Buying two new back tyres and a new seat cover

Kwadwo

Berekum, Ghana

100% repaid

Entrepreneur

Name

Kwadwo

Member since

May 2015

On-time repayments

110 installments  •  96%

About Me

I am Kwadwo Yeboah, 38 years of age and a professional taxi driver. I have a lovely wife and two strong boys. I had my education up to the senior high school. Working as a taxi driver for someone, I was also into farming. These two jobs simultaneously helped in increasing my savings at the bank. As a result, I was able to secure a loan in addition to my savings to buy my own taxi after fours years of working as taxi driver and a farmer at the same time. Now taxiing is my main source of income, completed with farming.

My first boy would like to a doctor, the second a banker. I like driving, football, and lending a helping hand.

My Business

My business
I am into transportation business as a taxi car driver. I provide transportation within my town Berekum and its suburbs and more so between towns. The service I provide is very useful as most people in town and beyond rely solely on taxi cars to commute to work. Students also in the morning need my services to go to school and after school. Market women also rely on us to transport their goods to the market. I have been engaged by some parents to also take their kids to and from school, and workers too at different time lines. There are other several services that we engage in as taxi car driver.
I chose this work because its flow of income knows no seasonal effects. People will always need the service of a taxi car in one way or the other. I am able to save on daily basis $15 to $20 per day. I work from Monday to Sunday. I work half day on weekends or rest the whole day depending on how how active the week has been for me. On the average, I make between $100 and$ 120 a week.
My typical costs are changing of my car engine oil and filter twice in a month (total engine oil at cost of $15 and a filter at a cost of $1.20 making $16.20 every two weeks.) Thus, $32.40 a month. I also send it for checks on a monthly basis and, if the need be, do some maintenance on it when it comes. Miscellaneous: $100. I make a monthly revenue between $400 to $480. My net therefore is between $270-$350 a month.

Repayment
I will be able to repay my loan through my daily earnings from the taxi car.

Loan Proposal

Dear lenders
Thanks for the first loan. This time having got the two front tyres ,I want want get that of the back to put my taxi fully strong on ground.
This loan when fully funded would be use to two new back tyres for my taxi car as they are on the way of wearing out and seat covers to make the inside look nice. This will put my car in a nice shape and form thereby improving my daily sales.
1.Two new tyres=$150.
2.Seat cover =$61
This would increase my daily earnings and profit. I will use the profit to pay my kids fees and use the rest to maintain the car.

Show original English  

About Me

I am kwadwo yeboah, 38 years of age and a professional taxi driver. I have a lovely wife and two strong boys. I had my education upto the senior high school. Working as Taxi driver for someone, i was also into farming. These two jobs simultaneously helped in increasing my savings at the bank. As a result i was able to secure a loan in addition to my savings to buy my own Taxi after fours years of working as Taxi driver and a farmer at the same time. Now taxiing is my main source of income completed with farming.
My first boy would like to a doctor the second a banker.
I like driving, football, and lending a helping hand.

My Business

My business
I am into transportation business a as taxi car driver. I provide transportation within my town Berekum and its suburbs and more so between towns.
The service i provide is very useful as most people in town and beyond rely solely on taxi car to commute to work, students also in the morning need my services to go to school and after school. Market wommen also rely on us to transport their goods to the market . i have been engaged by some parents to also take their kids to and from school and workers too at different time lines. There are other seveal services that we engage in as taxi car driver.
I chose this work because its flow of income knows no seasonal effects. People will always need the service of taxi car in one way or the other.
I am able to save on daily basis $15 to $20per day. I work from Monday to Sunday. I work half day on weekends or rest the whole day depending on how how active the week has been for me. On the average i make between $100 and$ 120 a week.
My typical costs are changing of my car engine oil and filter twice in a month( Total engine oil at cost of $15and a filter at a cost of $1.2 making $16.2 every two weeks.) Thus $32.4 a month. I also send it for checks on monthly basis and if the need be do some maintenance on it as when it comes. Miscellaneous $100. I make a monthly revenue between $400 to $480 .my net therefore is between $270-$350 a month.
Repayment
I will be able to repay my loan through my daily earnings from the taxi car.

Loan Proposal

Dear lenders
Thanks for the first loan. This time having got the two front tyres ,I want want get that of the back to put my taxi fully strong on ground.
This loan when fully funded would be use to two new back tyres for my taxi car as they are on the way of wearing out and seat covers to make the inside look nice. This will put my car in a nice shape and form thereby improving my daily sales.
1.Two new tyres=$150.
2.Seat cover =$61
This would increase my daily earnings and profit. I will use the profit to pay my kids fees and use the rest to maintain the car.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$211.00

Date disbursed

Aug 19, 2015

Repayment status

On Time

Projected term

3 months

Lenders

Elinor

Maple Lake, MN, United States

D

dkapplerb

Toronto, Canada

A

andyfletcher

I want my "My loans" page back, Qatar

DeanDropshot

Oslo, Norway

ScottSavage

Las Vegas, NV, United States

B

blahblah

Nuernberg, Germany

HansLindgren

Uppsala, Sweden

HE

help each other

Glasgow, United Kingdom

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

G

graememoss

Amsterdam, Netherlands

D

Dadiolafs

Vestmannaeyjar, Iceland

A

argos

Zurich, Switzerland

M

michaelangers

Toronto, Canada

M

mkellerman

Shanghai, China

J

Jopar

Corroios, Portugal

Muslim

Riyadh, Saudi Arabia

Longhorn

Austin, United States

F

Forfex

Zurich, Switzerland

Lambie

Perth, Australia

A

adamtj

toronto, Canada

tonnyschonewille

Maastricht, Netherlands

xtrahardware

Cazenovia, United States

S

Sjors

Eindhoven, Netherlands

M

Madone52

Brisbane, Australia

DJBic

Clinton, United States

HealthcareProvider

Baltimore, United States

H

Haavard

Bergen, Norway

B

bwitt

Berkeley, United States

M

MarkKrakow

Joliet, United States

M

mrjamesg

London, United Kingdom

G

GanSatya

United States

D

dcb1987

Chicago, United States

sderickson

Berkeley, CA, United States

T

thebonseung

Republic of Korea

O

oonbug

United States

J

janakan

Hong Kong, Hong Kong

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

M

microlender

United States

cc5alive

Los Angeles, United States

R

Rootdet

Fairfax, United States

ScholaNatura

Czech Republic

R

richardavsmith

United Kingdom

L

lenders

United States

M

meric

Australia

S

SimonAngus

South Africa

M

MaggieYG

United States

P

PDNS1401

United States

A

ajayhk

San Jose, United States

Agerfar

Aarhus, Denmark

TyWee

Manila, Philippines

Dave Bogard

New York, United States

BB

Ben Bellows

United States

JF

Jason Foti

United States

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