I need a loan to expand my business

Adade Martin

Berekum, Ghana

100% repaid

Entrepreneur

Name

Adade Martin

Member since

July 2015

On-time repayments

206 installments  •  62%

About Me

My name is Adade Martin. I come from Berekum in the Brong Ahafo Region of Ghana. I attended Roman junior high school, From there I couldn't go further. So no my proffection for a living so, I began the sale of engine oil for both motorbike & cars. as my own business which could earn me some living.

My Business

I am called Adade Martin As i said earlier on , I sell all kinds of engine oil. I sell both for motorbike , cars and all other kinds of engine. and I also sell oil filters in addition too.I have been doing this business for 4years now . I chose this business because there are many motorbike , cars, I mean many do used cars. Either for private or commercial purposes. and all these cars and motors also use engine oil after some period of time. this made me enter into this business. and is very profitable and I use the money I get from it to care for my family of two children and my wife. and I have never regretted doing this business.

Loan Proposal

As i said in the first time Selling all kinds of engine oil is my business. I sell this at an advantagous area at Berekum. My shop is located just after the Berekum Main lorry station. on your left hand side and it is oposite left to THE PERFECT BUSINESS FUN CLUB, Building I have many customers which buy from me. I sell oil & filters in addition too,The business is very good because I get market for my products all the time, due to the other machines which they all use engine oil.
so i am pleading with you to help me with this loan to improved my business, I know if i get this loan i can buy more stock which will bring extra profit in to my business. and I can repay the loan right on time because I know it will help me to get more profit on daily sales. Thank you .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$107.50

Date disbursed

Jul 29, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $2.79

Adade opted to pay $6.33 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Paul Buchheit

Mountain View, United States

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