Colecraft's loan application

Samuel

Accra, Ghana

100% repaid

Entrepreneur

Name

Samuel

Member since

July 2017

On-time repayments

63 installments  •  27%

About Me

My name is Samuel Colecraft and a native of Takoradi in the western Region. I'm a young,energetic and hardworking man. im currently living in Accra with my wife and kids. im a high school graduate doing my own business. i couldn't continue my education because i couldn't afford it and so started doing small scale business. i lost my job as a hotel caretaker and decided to learn a trade from a friend who was already in. i started as an apprentice and now im a master on my own. im now a steel bender able to take contracts and also dealing in the supply of building materials. examples are cement and iron rods just a few to mention.

My Business

i take contracts and also go on a day to day work. i also deliver building materials like cement, iron rods and sand for building. example if a bag of cent goes for 28.00ghc, i sell it at a price of 30.00ghc making a profit o 2.00ghc. moreover, these items are high in demand. also, if a trip of sand sells at a price of 1,200ghc, i sell it at 1,300ghc making a profit of 100.00ghc

Loan Proposal

will invest it into my business. buy more building materials and also establish more branches because more building are being constructed

Feedback

None

None

1

  • PaulE    Mar 28, 2019

    Not repaid after more than one year.

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    • Samuel    Sep 9, 2022

      It has not been my intention not to repay my loan. I went through some family crisis of loosing my mum and grandma and also losing my dad after their burial. Things have not been the same since, that's why I've not been able to repay the loan. I just started to repay it. Sorry for the inconvenience caused by not repaying.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$40.00

Date disbursed

Jul 20, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

The Zinc Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

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  • Rebecca    Mar 31, 2018

    He has not been well, I even visited him at the hospital and that's why he has not been able to pay.
    He has promised to pay all the amount due.

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  • Samuel    Jan 31, 2018

    I would like to apologise for not being able to pay my loan on time. I've been sick for some time now and have not been able to work, that's why I've not been able to pay.
    I promise to start payment as soon as possible.

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  • Samuel    Jan 8, 2018

    I've received the loan and will make sure to buy more materials with it. I received a total of 2,258GHS and will like to thank my lenders for giving me such an amount.

    I really appreciate it.
    Thanks a lot

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  • Samuel    Dec 28, 2017

    I will use this loan to buy more building materials so as to expand my business. I'll use this same materials for the contracts I get to get more profit.

    I would like to thank all my lenders and I promise them to keep working hard to gain good results.
    Thanks very much

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  • Adam    Nov 30, 2017

    Great...I am very glad to see how hard you are working. Send me an email with more details [email protected]

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    • Samuel    Nov 30, 2017

      Thank very much for the acknowledgement. I definitely will

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  • Lukas Huber    Nov 29, 2017

    Great to see someone as ambitious!

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  • Samuel    Nov 20, 2017

    The loan helped me to buy more materials and that also gave me more profit that's why I was able to pay before the expected date of repayment

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  • Samuel    Oct 24, 2017

    The reason why I would like to increase it is because, I want to finish the payment before the given date

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  • Samuel    Sep 3, 2017

    Thank you for your support and I promise to work hard and make good use of the money given to me. Thanks alot

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