Dustbins for collecting rubbish

Prince Frimpong

Odumasi, Ghana

Loan disbursed

$0 to go

100% lent of $80 goal

0

days left

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Entrepreneur

Name

Prince Frimpong

Location

Odumasi, Ghana

On-time repayments

1 weekly installment  •  100%

About Me

My name is Prince Frimpong and I am married with four children. I completed A level and travelled to Togo our neighbouring country in search for greener pastures but life has it's own twist and turns so I have to return home to establish own company to help my family survive as I was the only son of my parents who are all deceased. All I have got is my children so I am working to see to it that I give them a good foundation for their future. Back in school i use to play football but now i am weak.

My Business

I run my own waste system management where we collect plastics and other rubbish from companies and sell them to refinery companies for payment to be made to me. we also dispose off rubbish by institutions and homes. This job is really good and with support I would be able to expand it to other parts of the country. I make alot.of profit from the business I use the profit reinvest into the company and some for other related expenses.

Loan Proposal

I am applying for this to buy dustbin for collecting rubbish from my customers. I have clients in my community who have also request for my services and introducing more dustbins would help me cater for them and they would pay me for that which would increase my profit. This would help me build a good relationship with my clients. I would reinvest the profit into my business.

Income Source

I would pay this loan as expected from the daily collective money I get from my clients when I go to them to pick their rubbish.

Feedback

None

None

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Lenders

Urszula

United Kingdom

Ed

Howells,  United States

H

hilde

seattle,  United States

RT

Ravi Taxali

Markham,  Canada

JT

JOY to the world

Cottonwood Heights,  United States

Loan Info

Disbursed amount

$80.43

Date disbursed

Apr 26, 2021

Repayment status

On Time

Projected term

2 weeks

Cost of loan

Service fee: 5% of $80.43 = $3.89

Credit risk payment: $8.83

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