Making cement blocks for building affordable homes
Addai
Kumasi, Ghana
100% repaid
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
Thank you lenders I hope it will be your great pleasure to lend me again in fact my service is very very demanded in my community because people are now building their houses in my community which they are in need of my services. So lenders this is how I am going to buy with my third loan (1) I am going to employ two new workers from my community which will cost me $117 (2)I am going buy sand which will cost $50 (3) I am going to use the rest to buy cement which will $333 this how I am going to benefit since I am going to employ one worker is going increase the work force and this will produce more blocks which I will earn more profit from it and this will help my community because all my workers are from the community so it has reduced unemployment percentage in my community so lenders you can see how great your loan is helping us in our community and the community members and those who are building their houses in the community are buy building materials from me rather than going to buy at the city which reduces cost of materials transportation and travel risk so thank you all my lenders hoping to hear from you again
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Loan Info
Project Type
Classic Loan
Disbursed amount
$496.00
Date disbursed
Nov 9, 2015
Repayment status
On Time
Projected term
2 months
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