Expand motorbike spare parts business

Osman Seibu

Bimbila, Ghana

100% repaid

Entrepreneur

Name

Osman Seibu

Location

Bimbila, Ghana

On-time repayments

13 weekly installments  •  31%

About Me

Osman is my name friends used to call me NO FOOD, I am a native of bimbila and was born at bimbila, i am the first child of my parent with six children, i lost my father at the age of 20.
i ended my school at the jhs level. and introduce myself into a business.

My Business

due to lack of education i was not able to get a government work so i decide to go into a profitable business that grow high in out district which is selling of motorcycles spare parts. and also weaving of smocks.

Loan Proposal

i am improving in my my motorbike spare parts selling. so i am re applying for another financial assistance(loan) to expand the business by buying of more goods.

Income Source

the profit i make daily is good enough to pay back on time, if in case of any challenges i will consult my bank i do savings for withdrawal which will be use to pay.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.91

Date disbursed

Apr 2, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: 5% of $199.91 = $9.32

Credit risk payment: $24.30

Optional expediting fee: $18.64

Lenders

Silver

Steiermark, Austria

Christopher

Copenhagen, Denmark

S

Somniferum

Ontario, Canada

Aran Dunlop

United States

Paul Buchheit

Mountain View, United States

Aluric

Peterborough, United Kingdom

B

Berend

Netherlands

D

Denise

United States

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