Cement blocks production for building homes

Addai

Kumasi, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Addai

Member since

April 2015

On-time repayments

141 installments • 30%

About Me

I am mcbright offie, from tafo in the
Ashanti Region of Ghana. I was born on 31st March 1959. I lost
my father at a very tender age and the education of my siblings
and I became the sole responsibility of my mother. After
completing Standard Seven, I took up the challenge to further my
education on my own as three of my siblings were still in
elementary school. I was lucky to enroll in the modular training
programme through which I became a professional teacher. I
decided to go for further studies and as such managed to buy a
taxi cap to help settle my school fees.

My Business

I am mainly involved in the Taxi business. This business has been
a source of income to me for my education. Currently it is the
same business that is supporting the education of my children. I
am able to raise an income of $310.00 a month. Out of this, I
use approximately $35.00 for repairs and maintenance. To me,
the business is very lucrative if the vehicle is always in a good
condition.

Loan Proposal

I am going to use this loan to blocks raw materials (1)I will buy sand $270 (2) I will buy cement $200 (3) I will buy Water $70 and pay my operatives at $108 after producing these blocks is going to help my customers to get their required quantity of blocks and also help my clients build up their house as soon as they are ready rather than to mould their own blocks and wait for it to dry before use. After selling all the blocks I will get 25 % of the total amount