Expand pumping from my borehole to bring clean water to my community
Ahmed
Techiman, Ghana
100% repaid
Entrepreneur
Name
Ahmed
Member since
May 2016
On-time repayments
224 installments • 37%
About Me
I am the last child in a family of fifteen. My father got married to two women and in all his children I am the last one among them. I am now a graduate with a second class upper division in diploma in psychology and foundation of education. I saved my salary for two years before I was able to use that money to drill a borehole for water. People in my community are hard-working people and self reliant. I would like my children to become businessmen and businesswomen in the future. I like researching and studying when I am free.
My Business
I have a borehole for water. I have expanded it to about twenty houses in my community. I have also mounted poly tanks in front of the house where I live. I sell water to those who don't have piped bored water in their homes. As it is a saying that water is life, people in my community encounter difficulty in getting access to water. I took it upon myself to drill a borehole. It cost me about GHS15000 to drill, buy poly tanks and expand to houses in my area. I will use the profit to buy water equipment to houses that have no pipe in them.
Loan Proposal
I will buy poly tanks, taps, straight pipes, bend ones and T joints, two water pumping machines. The cost of these items are about 30000 dollars. If am able to buy this equipment, it will help me expand my water to about ten houses in addition to the twenty houses already. I expect about a 10℅ increase in my monthly sales.
About Me
Am the last child in a family of fifteen.My father got married to two women and in all his children am the last one among.Am now a graduate with second class upper division in diploma in psychology and foundation of education. I saved my salary for two years before I was able to use that money to drill a bore hole water.People in my community hard working people and self reliant. I would like my children to become business men and women in future. I like researching and studying when am free.
My Business
I have a bore hole water . I have expanded it to about twenty houses in my community. I have also mounted a poly tanks in front of the house where I live. I sell to those who don't have pipe bored water in their homes. As it is a saying that water is life , people in my community encounters difficulty in getting access to water so I took it upon myself to drill one. It cost me about GHS15000 to drill,buy poly tanks and expansion to houses in my area. I will use the profit to buy water equipment to houses that have no pipe in them.
Loan Proposal
I will buy poly tanks, taps, straight pipes, bend ones and T joins, two water pumping machines. The cost of these items are about 10800 dollars.If am able to buy these equipment, it will help me expand my water to about ten houses in addition to the twenty houses already. I expect about 10℅ increased in my monthly sales.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$713.00
Date disbursed
Mar 1, 2017
Repayment status
On Time
Projected term
8 months
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Summary
Amount repaid
$713.01
Amount remaining
$0.00
Date repaid
Nov 8, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 10, 2017 | $27.21 | Mar 15, 2017 | $27.21 |
| Mar 17, 2017 | $2.41 | Mar 27, 2017 | $2.41 |
| Mar 24, 2017 | $2.41 | Mar 27, 2017 | $2.41 |
| Mar 31, 2017 | $6.02 | Mar 31, 2017 | $6.02 |
| Apr 7, 2017 | $6.02 | Apr 8, 2017 | $6.02 |
| Apr 14, 2017 | $6.02 | Apr 15, 2017 | $6.02 |
| Apr 21, 2017 | $7.22 | Apr 22, 2017 | $7.22 |
| Apr 28, 2017 | $7.22 | May 2, 2017 | $7.22 |
| May 5, 2017 | $2.41 | May 8, 2017 | $2.41 |
| May 12, 2017 | $2.41 | May 22, 2017 | $2.41 |
| May 19, 2017 | $2.41 | May 22, 2017 | $2.41 |
| May 26, 2017 | $2.41 | May 22, 2017 | $2.41 |
| Jun 2, 2017 | $2.41 | Jun 16, 2017 | $2.41 |
| Jun 9, 2017 | $2.41 | Jun 16, 2017 | $2.41 |
| Jun 16, 2017 | $2.41 | Jun 30, 2017 | $2.41 |
| Jun 23, 2017 | $2.41 | Jun 30, 2017 | $2.41 |
| Jun 30, 2017 | $2.41 | Jul 21, 2017 | $2.41 |
| Jul 7, 2017 | $2.41 | Jul 21, 2017 | $2.41 |
| Jul 14, 2017 | $2.41 | Jul 21, 2017 | $2.41 |
| Jul 21, 2017 | $2.41 | Jul 21, 2017 | $2.41 |
| Jul 28, 2017 | $2.41 | Jul 21, 2017 | $2.41 |
| Aug 4, 2017 | $2.41 | Aug 18, 2017 | $2.41 |
| Aug 11, 2017 | $2.41 | Aug 18, 2017 | $2.41 |
| Aug 18, 2017 | $2.41 | Aug 30, 2017 | $2.41 |
| Aug 25, 2017 | $2.41 | Aug 30, 2017 | $2.41 |
| Sep 1, 2017 | $2.41 | Sep 30, 2017 | $2.41 |
| Sep 8, 2017 | $2.41 | Sep 30, 2017 | $2.41 |
| Sep 15, 2017 | $2.41 | Sep 30, 2017 | $2.41 |
| Sep 22, 2017 | $2.41 | Sep 30, 2017 | $2.41 |
| Sep 29, 2017 | $2.41 | Sep 30, 2017 | $2.41 |
| Oct 6, 2017 | $2.41 | Oct 6, 2017 | $2.41 |
| Oct 13, 2017 | $2.41 | Oct 17, 2017 | $2.41 |
| Oct 20, 2017 | $2.41 | Oct 22, 2017 | $2.41 |
| Oct 27, 2017 | $2.41 | Oct 31, 2017 | $2.41 |
| Nov 3, 2017 | $195.29 | Nov 3, 2017 | $195.29 |
| Nov 10, 2017 | $390.58 | Nov 8, 2017 | $390.58 |
Mary Nov 8, 2017
BernadetteV Nov 8, 2017
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