Expand my borehole to bring clean water to my community

Ahmed

Techiman, Ghana

8% 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 810 dollars. If am able to buy this equipment, it will help me expand my water to about fifteen houses in addition to the thirty houses already. I expect about a 10℅ increase in my monthly sales.

Show original English  

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 joints, two water pumping machines. The cost of these items are about 810 dollars. If am able to buy this equipment, it will help me expand my water to about fifteen houses in addition to the thirty houses already. I expect about a 10℅ increase in my monthly sales.

Feedback

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  • Mary    Nov 8, 2017

    Although not a perfect repayment schedule, Ahmed did made regular payments and paid his loan off early. I would recommend funding future loans for him as providing water for his community is very important work.

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  • BernadetteV    Nov 8, 2017

    Regular repayments then loan repaid early.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$757.00

Date disbursed

Dec 9, 2017

Repayment status

Late

Projected term

35 months

Lenders

Treesforpeople

Oxfordshire, United Kingdom

V

Vivek

Arlington, VA, United States

Emma

Australia

Paul Buchheit

Mountain View, United States

Bjørn

Norway

Mai Phuong Nguyen

Nashville, United States

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