I.C.T. center for young entrepreneurs

Cornelius Nartey

Prampram, Ghana

21% repaid

Entrepreneur

Name

Cornelius Nartey

Member since

December 2013

On-time repayments

383 installments  •  17%

About Me

I am involved in designing and providing support to young entrepreneurs. I developed interest in this work when I join a community development organisation in2003. I was inspired by the sincerity and enthusiasm of the leaders as they worked passionately to drive away poverty, diseases and corruption from Ghanaian communities. Whatever attracted me to this organisation must have a lot other volunteers from near and far. Their project teams are always composed of volunteers from different continents. They operate from a small rented office for headquarters and prefer to partner local community centers in setting up their numerous field offices.

My Business

Currently, I spend part of my day working for a non-profit I lead. The rest of the time I engage in some income generating activity - that invariably try to address certain needs.

For instance, in order to contribute to efforts aimed at alleviating the effects of water shortage in my community (which forms part MDG 7), I used my first and second loans to improve a water supply business, I started last year.

In this business, I store and supply pipe-borne water to needy families. I assist families that cannot afford water tanks and can have only a limited a quantity of water at a time. During shortages, these families have to resort to water that often comes from open holes dug in the sand of dry riverbeds, and it is invariably contaminated.
This business provides them with clean, safe water anytime, whether there is a shortage or not

Loan Proposal

With this loan, I would like to support young entreprenuers by setting up an ICT Center. Small businesses are important for poverty reduction yet most communities in Ghana lack the infrastructure to educate and enrich the lives of their young entrepreneurs. In particular, entrepreneurs lack the opportunity to obtain affordable Internet access and computer equipment to facilitate access to technologically-enhanced learning and entrepreneurial support that enables them to learn new business concepts, new technologies and gain prospects for their existing business. There are no or fewer libraries and existing libraries do not offer internet access nor updated books.

This makes ICT and knowledge access very expensive for the poor business owner. The ICT Center would facilitate news and information that will benefit entrepreneurs; education and training (including apprenticeship, self-study and the incorporation of the value of self-employment) among young people from low-income families; linkages, networking, online coaching and mentoring especially for the youth by training them in business and technology skills, basic economics and micro-finance among others.

50% percent of the loan amount would be used to acquire a rented place for the center. I would add my savings to the remaining loan to buy computer equipment and learning materials like books and CD ROMS. Income from the project would come from fees.

Feedback

5

None

3



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,592.25

Date disbursed

Sep 8, 2014

Repayment status

Late

Projected term

83 months

Cost to entrepreneur

Lender interest: $1,592.25 at 5.81% annual rate over 83 months = $638.67

Service fee: $279.17

Lenders

joerg

Berlin, Germany

G

GalantnostS

Hong Kong, Hong Kong

KYLE LARSON

Little Falls, United States

C

chkuo

Taipei, Taiwan

nicole

Worcester, Ma, United States

Rdcmole

Cincinnati, United States

ErikN

Stockholm, Sweden

J

jjonas

berlin, Germany

F

florian

Mettmenstetten, Switzerland

G

graememoss

Amsterdam, Netherlands

gbnbca

Janeville, Canada

A

aiban

Austin, United States

M

Mårten

Inden, Switzerland

Levanticus

Epsom, United Kingdom

juliemartha

Lake Mary, United States

ads68

Melbourne, Australia

H

halisi

assenede, Belgium

DT

Dru Tarr

Gloucester, United States

davidt

San Francisco, United States

Bobrm2k3

Charleston, United States

calvero

Bergen, Norway

joaoferraz

RINCHOA, Portugal

Jason

Auckland, New Zealand

Hedwich

Gorssel, Netherlands

W

WinWinNL

The Hague, Netherlands

jan73

Eugene, United States

Sarasota

Sarasota, Fl, United States

E

Evanstia

Lakewood, United States

A

Anonymous

United Kingdom

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

markpearson

Portsmouth, United Kingdom

J

jonastang

Hong Kong, Hong Kong

G

GreenMoney

Lahr, Germany

mole333

Brooklyn, United States

T

thebonseung

Republic of Korea

Z

zvrk2014

Brookline, MA, United States

pvilliger

Zurich, Switzerland

W

wiwillia

Milbrae, United States

KrautFunding

Hamburg, Germany

R

roozbeh

United States

Jonas

Brussels, Belgium

WhyPeace

United States

A

Ansgar

Australia

M

Michi

Switzerland

Pankratio

EastVan, Canada

L

LongXIE

Singapore

Vesa

Helsinki, Finland

Sputnik

Switzerland

J

jdelaporte

United States

Loungin

United States

Mikers

Netherlands

E

enigmatic

United Kingdom

M

MikeOWave

United States

Vitus

Czech Republic

MICROMZ

Matola, Mozambique

P

pdm083

United States

E

Estebanito

United States

H

happyhappy

Switzerland

A

adamdreaming

United States

S

ship_tit

United States

H

hoyeay

Dallas, United States

LouisB

ZIDISHA, Mozambique

Ask Cornelius a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$779.00

Amount remaining

$2,095.50

Expected completion

Jul 29, 2021

Status

Repaying late

Installment amount

$0.25

Repayment History

Expected Payments Actual Payments
Sep 18, 2014 $12.50 Sep 13, 2014 $12.50
Sep 25, 2014 $12.50 Sep 30, 2014 $12.50
Oct 2, 2014 $0.00
Oct 9, 2014 $0.00
Oct 16, 2014 $0.00
Oct 23, 2014 $12.50 Nov 17, 2014 $12.50
Oct 30, 2014 $0.00
Nov 6, 2014 $0.00
Nov 13, 2014 $0.00
Nov 20, 2014 $12.50 Nov 19, 2014 $12.50
Nov 27, 2014 $12.50 Nov 27, 2014 $12.50
Dec 4, 2014 $0.00
Dec 11, 2014 $0.00
Dec 18, 2014 $0.00
Dec 25, 2014 $2.25 Jan 29, 2015 $2.25
Jan 1, 2015 $0.00
Jan 8, 2015 $0.00
Jan 15, 2015 $0.00
Jan 22, 2015 $0.00
Jan 29, 2015 $0.00
Feb 5, 2015 $0.25 Feb 27, 2015 $0.25
Feb 12, 2015 $0.00
Feb 19, 2015 $0.00
Feb 26, 2015 $0.00
Mar 5, 2015 $5.00 Apr 27, 2015 $5.00
Mar 12, 2015 $5.00 Apr 27, 2015 $5.00
Mar 19, 2015 $5.00 Apr 27, 2015 $5.00
Mar 26, 2015 $5.00 Apr 27, 2015 $5.00
Apr 2, 2015 $5.00 Apr 27, 2015 $5.00
Apr 9, 2015 $5.00 Apr 27, 2015 $5.00
Apr 16, 2015 $5.00 Apr 27, 2015 $5.00
Apr 23, 2015 $5.00 Apr 27, 2015 $5.00
Apr 30, 2015 $5.00 Apr 27, 2015 $5.00
May 7, 2015 $5.00 Apr 27, 2015 $2.50
Jul 21, 2015 $2.50
May 14, 2015 $5.00 Jul 21, 2015 $5.00
May 21, 2015 $5.00 Jul 21, 2015 $5.00
May 28, 2015 $5.00 Jul 21, 2015 $5.00
Jun 4, 2015 $0.00
Jun 11, 2015 $0.00
Jun 18, 2015 $0.00
Jun 25, 2015 $0.00
Jul 2, 2015 $0.00
Jul 9, 2015 $0.00
Jul 16, 2015 $0.00
Jul 23, 2015 $0.00
Jul 30, 2015 $0.00
Aug 6, 2015 $0.00
Aug 13, 2015 $0.00
Aug 20, 2015 $0.00
Aug 27, 2015 $0.00
Sep 3, 2015 $0.00
Sep 10, 2015 $0.00
Sep 17, 2015 $0.00
Sep 24, 2015 $0.00
Oct 1, 2015 $0.00
Oct 8, 2015 $0.00
Oct 15, 2015 $5.00 Dec 24, 2015 $5.00
Oct 22, 2015 $5.00 Dec 24, 2015 $5.00
Oct 29, 2015 $5.00 Dec 24, 2015 $5.00
Nov 5, 2015 $5.00 Dec 24, 2015 $5.00
Nov 12, 2015 $5.00 Dec 24, 2015 $5.00
Nov 19, 2015 $5.00 Dec 25, 2015 $5.00
Nov 26, 2015 $5.00 Dec 25, 2015 $5.00
Dec 3, 2015 $5.00 Dec 25, 2015 $5.00
Dec 10, 2015 $5.00 Dec 25, 2015 $5.00
Dec 17, 2015 $5.00 Dec 25, 2015 $5.00
Dec 24, 2015 $5.00 Dec 25, 2015 $5.00
Dec 31, 2015 $5.00 Dec 29, 2015 $5.00
Jan 7, 2016 $5.00 Dec 29, 2015 $5.00
Jan 14, 2016 $5.00 Dec 29, 2015 $5.00
Jan 21, 2016 $5.00 Dec 29, 2015 $5.00
Jan 28, 2016 $5.00 Dec 29, 2015 $5.00
Feb 4, 2016 $12.50 Mar 14, 2016 $12.50
Feb 11, 2016 $0.00
Feb 18, 2016 $0.00
Feb 25, 2016 $0.00
Mar 3, 2016 $0.00
Mar 10, 2016 $0.00
Mar 17, 2016 $0.00
Mar 24, 2016 $12.50 Mar 28, 2016 $12.50
Mar 31, 2016 $12.50 Mar 31, 2016 $12.50
Apr 7, 2016 $0.00
Apr 14, 2016 $0.00
Apr 21, 2016 $0.00
Apr 28, 2016 $3.75 Apr 27, 2016 $3.75
May 5, 2016 $3.75 Apr 27, 2016 $3.75
May 12, 2016 $3.75 Apr 27, 2016 $3.75
May 19, 2016 $3.75 May 30, 2016 $3.75
May 26, 2016 $3.75 May 30, 2016 $3.75
Jun 2, 2016 $3.75 May 30, 2016 $3.75
Jun 9, 2016 $3.75 Jun 13, 2016 $3.75
Jun 16, 2016 $3.75 Jun 13, 2016 $3.75
Jun 23, 2016 $3.75 Jun 13, 2016 $3.75
Jun 30, 2016 $1.25 Jun 13, 2016 $1.25
Jul 7, 2016 $0.00
Jul 14, 2016 $0.00
Jul 21, 2016 $0.00
Jul 28, 2016 $0.00
Aug 4, 2016 $0.00
Aug 11, 2016 $0.00
Aug 18, 2016 $3.75 Sep 19, 2016 $3.75
Aug 25, 2016 $3.75 Sep 19, 2016 $3.75
Sep 1, 2016 $3.75 Sep 19, 2016 $3.75
Sep 8, 2016 $3.75 Sep 19, 2016 $3.75
Sep 15, 2016 $3.75 Sep 19, 2016 $3.75
Sep 22, 2016 $12.50 Sep 23, 2016 $12.50
Sep 29, 2016 $12.50 Oct 14, 2016 $12.50
Oct 6, 2016 $12.50 Oct 14, 2016 $12.50
Oct 13, 2016 $0.00
Oct 20, 2016 $0.00
Oct 27, 2016 $0.00
Nov 3, 2016 $0.00
Nov 10, 2016 $0.00
Nov 17, 2016 $0.00
Nov 24, 2016 $0.00
Dec 1, 2016 $0.00
Dec 8, 2016 $0.25 Oct 18, 2019 $0.25
Dec 15, 2016 $0.00
Dec 22, 2016 $0.00
Dec 29, 2016 $0.00
Jan 5, 2017 $0.00
Jan 12, 2017 $0.00
Jan 19, 2017 $0.00
Jan 26, 2017 $0.00
Feb 2, 2017 $0.00
Feb 9, 2017 $0.00
Feb 16, 2017 $0.00
Feb 23, 2017 $0.00
Mar 2, 2017 $0.00
Mar 9, 2017 $0.00
Mar 16, 2017 $0.00
Mar 23, 2017 $0.00
Mar 30, 2017 $0.00
Apr 6, 2017 $0.00
Apr 13, 2017 $0.00
Apr 20, 2017 $0.00
Apr 27, 2017 $0.00
May 4, 2017 $0.00
May 11, 2017 $0.00
May 18, 2017 $0.00
May 25, 2017 $0.00
Jun 1, 2017 $0.00
Jun 8, 2017 $0.00
Jun 15, 2017 $0.00
Jun 22, 2017 $0.00
Jun 29, 2017 $0.00
Jul 6, 2017 $0.00
Jul 13, 2017 $0.00
Jul 20, 2017 $0.00
Jul 27, 2017 $0.00
Aug 3, 2017 $0.00
Aug 10, 2017 $0.00
Aug 17, 2017 $0.00
Aug 24, 2017 $0.00
Aug 31, 2017 $0.00
Sep 7, 2017 $0.00
Sep 14, 2017 $0.00
Sep 21, 2017 $0.00
Sep 28, 2017 $0.00
Oct 5, 2017 $0.00
Oct 12, 2017 $0.00
Oct 19, 2017 $0.00
Oct 26, 2017 $0.00
Nov 2, 2017 $0.00
Nov 9, 2017 $0.00
Nov 16, 2017 $0.00
Nov 23, 2017 $0.00
Nov 30, 2017 $0.00
Dec 7, 2017 $0.00
Dec 14, 2017 $0.00
Dec 21, 2017 $0.00
Dec 28, 2017 $0.00
Jan 4, 2018 $0.00
Jan 11, 2018 $0.00
Jan 18, 2018 $0.00
Jan 25, 2018 $0.00
Feb 1, 2018 $0.00
Feb 8, 2018 $0.00
Feb 15, 2018 $0.00
Feb 22, 2018 $0.00
Mar 1, 2018 $0.00
Mar 8, 2018 $0.00
Mar 15, 2018 $0.00
Mar 22, 2018 $0.00
Mar 29, 2018 $0.00
Apr 5, 2018 $0.00
Apr 12, 2018 $0.00
Apr 19, 2018 $0.00
Apr 26, 2018 $0.00
May 3, 2018 $0.00
May 10, 2018 $0.00
May 17, 2018 $0.00
May 24, 2018 $0.00
May 31, 2018 $0.00
Jun 7, 2018 $0.00
Jun 14, 2018 $0.00
Jun 21, 2018 $0.00
Jun 28, 2018 $0.00
Jul 5, 2018 $0.00
Jul 12, 2018 $0.00
Jul 19, 2018 $0.00
Jul 26, 2018 $0.00
Aug 2, 2018 $0.00
Aug 9, 2018 $0.00
Aug 16, 2018 $0.00
Aug 23, 2018 $0.00
Aug 30, 2018 $0.00
Sep 6, 2018 $0.00
Sep 13, 2018 $0.00
Sep 20, 2018 $0.00
Sep 27, 2018 $0.00
Oct 4, 2018 $0.00
Oct 11, 2018 $0.00
Oct 18, 2018 $0.00
Oct 25, 2018 $0.00
Nov 1, 2018 $0.00
Nov 8, 2018 $0.00
Nov 15, 2018 $0.00
Nov 22, 2018 $0.00
Nov 29, 2018 $0.00
Dec 6, 2018 $0.00
Dec 13, 2018 $0.00
Dec 20, 2018 $0.00
Dec 27, 2018 $0.00
Jan 3, 2019 $0.00
Jan 10, 2019 $0.00
Jan 17, 2019 $0.00
Jan 24, 2019 $0.00
Jan 31, 2019 $0.00
Feb 7, 2019 $0.00
Feb 14, 2019 $0.00
Feb 21, 2019 $0.00
Feb 28, 2019 $0.00
Mar 7, 2019 $0.00
Mar 14, 2019 $0.00
Mar 21, 2019 $0.00
Mar 28, 2019 $0.00
Apr 4, 2019 $0.00
Apr 11, 2019 $0.00
Apr 18, 2019 $0.00
Apr 25, 2019 $0.00
May 2, 2019 $0.00
May 9, 2019 $0.00
May 16, 2019 $0.00
May 23, 2019 $0.00
May 30, 2019 $0.00
Jun 6, 2019 $0.00
Jun 13, 2019 $0.00
Jun 20, 2019 $0.00
Jun 27, 2019 $0.00
Jul 4, 2019 $0.00
Jul 11, 2019 $0.00
Jul 18, 2019 $0.00
Jul 25, 2019 $0.00
Aug 1, 2019 $0.00
Aug 8, 2019 $0.00
Aug 15, 2019 $0.00
Aug 22, 2019 $0.00
Aug 29, 2019 $0.00
Sep 5, 2019 $0.00
Sep 12, 2019 $0.00
Sep 19, 2019 $0.00
Sep 26, 2019 $0.00
Oct 3, 2019 $0.00
Oct 10, 2019 $0.00
Oct 17, 2019 $0.00
Oct 24, 2019 $2.50 Feb 6, 2020 $2.50
Oct 31, 2019 $2.50 Feb 6, 2020 $2.50
Nov 7, 2019 $2.50 Feb 6, 2020 $2.50
Nov 14, 2019 $2.50 Feb 6, 2020 $2.50
Nov 21, 2019 $2.50 Feb 6, 2020 $2.50
Nov 28, 2019 $3.75 Feb 6, 2020 $3.75
Dec 5, 2019 $3.75 Feb 6, 2020 $3.75
Dec 12, 2019 $3.75 Feb 6, 2020 $3.75
Dec 19, 2019 $3.75 Feb 6, 2020 $3.75
Dec 26, 2019 $3.75 Feb 6, 2020 $3.75
Jan 2, 2020 $3.75 Feb 6, 2020 $3.75
Jan 9, 2020 $3.75 Feb 6, 2020 $3.75
Jan 16, 2020 $3.75 Feb 6, 2020 $3.75
Jan 23, 2020 $3.75 Feb 6, 2020 $3.75
Jan 30, 2020 $3.75 Feb 6, 2020 $3.75
Feb 6, 2020 $3.75 Jun 2, 2020 $3.75
Feb 13, 2020 $3.75 Jun 2, 2020 $3.75
Feb 20, 2020 $3.75 Jun 2, 2020 $3.75
Feb 27, 2020 $3.75 Jun 2, 2020 $3.75
Mar 5, 2020 $3.75 Jun 2, 2020 $3.75
Mar 12, 2020 $3.75 Jun 2, 2020 $3.75
Mar 19, 2020 $3.75 Jun 2, 2020 $3.75
Mar 26, 2020 $3.75 Jun 2, 2020 $3.75
Apr 2, 2020 $3.75 Jun 2, 2020 $3.75
Apr 9, 2020 $3.75 Jun 2, 2020 $3.75
Apr 16, 2020 $3.75 Jun 11, 2020 $3.75
Apr 23, 2020 $3.75 Jun 11, 2020 $3.75
Apr 30, 2020 $3.75 Jun 11, 2020 $3.75
May 7, 2020 $3.75 Jun 11, 2020 $1.25
Jul 8, 2020 $2.50
May 14, 2020 $3.75 Jul 8, 2020 $3.75
May 21, 2020 $3.75 Jul 8, 2020 $3.75
May 28, 2020 $3.75 Jul 8, 2020 $3.75
Jun 4, 2020 $3.75 Jul 8, 2020 $3.75
Jun 11, 2020 $3.75 Jul 8, 2020 $3.75
Jun 18, 2020 $3.75 Jul 8, 2020 $3.75
Jun 25, 2020 $3.75 Jul 8, 2020 $3.75
Jul 2, 2020 $3.75 Jul 8, 2020 $3.75
Jul 9, 2020 $3.75 Jul 8, 2020 $3.75
Jul 16, 2020 $3.75 Jul 8, 2020 $3.75
Jul 23, 2020 $3.75 Jul 8, 2020 $3.75
Jul 30, 2020 $3.75 Jul 8, 2020 $1.25
Aug 18, 2020 $2.50
Aug 6, 2020 $3.75 Aug 18, 2020 $3.75
Aug 13, 2020 $3.75 Aug 18, 2020 $2.50
Oct 13, 2020 $1.25
Aug 20, 2020 $3.75 Oct 13, 2020 $3.75
Aug 27, 2020 $3.75 Oct 13, 2020 $3.75
Sep 3, 2020 $3.75 Oct 13, 2020 $3.75
Sep 10, 2020 $3.75 Oct 13, 2020 $3.75
Sep 17, 2020 $3.75 Oct 13, 2020 $3.75
Sep 24, 2020 $3.75 Oct 13, 2020 $3.75
Oct 1, 2020 $3.75 Oct 13, 2020 $3.75
Oct 8, 2020 $3.75 Oct 13, 2020 $3.75
Oct 15, 2020 $3.75 Oct 13, 2020 $3.75
Oct 22, 2020 $110.75 Oct 13, 2020 $40.00
Oct 20, 2020 $22.50
Oct 29, 2020 $53.00
Nov 5, 2020 $3.75
Nov 12, 2020 $3.75
Nov 19, 2020 $3.75
Nov 26, 2020 $3.75
Dec 3, 2020 $3.75
Dec 10, 2020 $36.25
Dec 17, 2020 $3.75
Dec 24, 2020 $3.75
Dec 31, 2020 $3.75
Jan 7, 2021 $3.75
Jan 14, 2021 $3.75
Jan 21, 2021 $3.75
Jan 28, 2021 $3.75
Feb 4, 2021 $3.75
Feb 11, 2021 $2.50
Feb 18, 2021 $0.25
Feb 25, 2021 $0.25
Mar 4, 2021 $0.25
Mar 11, 2021 $0.25
Mar 18, 2021 $0.25
Mar 25, 2021 $110.75
Apr 1, 2021 $110.75
Apr 8, 2021 $110.75
Apr 15, 2021 $110.75
Apr 22, 2021 $110.75
Apr 29, 2021 $110.75
May 6, 2021 $110.75
May 13, 2021 $110.75
May 20, 2021 $110.75
May 27, 2021 $110.75
Jun 3, 2021 $110.75
Jun 10, 2021 $110.75
Jun 17, 2021 $110.75
Jun 24, 2021 $110.75
Jul 1, 2021 $110.75
Jul 8, 2021 $110.75
Jul 15, 2021 $110.75
Jul 22, 2021 $110.75
Jul 29, 2021 $100.75

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