Installing wells to bring clean drinking water to rural area

Nabla Francis Saibu

Bono Manso-techiman North, Ghana

65% repaid

Entrepreneur

Name

Nabla Francis Saibu

Location

On-time repayments

133 weekly installments  •  82%

About Me

I completed University for Development Studies in 2013. And I obtained a bachelor of arts in "Integrated Community Development". I'm self employed and a community developer. My aim is to provide the rural folks with potable water. I got money from vegetable cultivation and started my water project. The land of Bono manso is very good for vegetables and cashew. The people are very hospitable and Loving which attracted me to live here. My children would like to work as a team to fighting poverty. They have always said "dada poverty is our great enemy and we shall work hard as a team to fight it"

My Business

I drill boreholes in rural communities and mechanized them so that the rural folks get potable water. The rural folks drink water from ponds, rivers, dugouts etc which is not potable at all for drinking. l decided to do this business so that water born diseases could be minimized. The cost of drilling one borehole ranges from $4166.70 $4629.60 excluding extension. Normally, I realize $18 and $6 a day for dry and rainy seasons respectful. I use my profit for reinvestment, my children education, cashew plantation and home improvement.

Loan Proposal

I would like to use money for purchasing a poly tank and plumbing materials. The materials are as follows:
1poly tank=$405.5
58 1 1/2 PVC pipes =$180
21 3/4 PVC pipes= $60
2 S100 =$5
11 3/4 taps=$61
2 trade tapes=$2
7 air vibes=$18
14 1 1/2 bends=$9
6 3/4 bends=$4
1hacksaw=$6.
Customers will get potable water at their doorstep because water will be extended closer to their surroundings when all these materials are purchased. It will also increase my daily profit from $37 to $46 and this will change my family's financial status.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$797.05

Date disbursed

Feb 2, 2018

Repayment status

Late

Projected term

13 months

Cost to entrepreneur

Service fee: $27.49

Lenders

evinpa

United States

Scott

Oregon, United States

JimVandegriff

Trinidad, California, United States

C

cyrilleberger

Gammalkil, Sweden

dcorbetta

Carate Brianza, Italy

V

Valis

Singapore, Singapore

Bobrm2k3

Charleston, United States

L

Liz

Nowra, Australia

A

Anonymous

United States

G

giova

Padova, Italy

T

tophini

Alma, United States

mhooper1962

London, United Kingdom

RB

Renee B

United States

Z

zaroastra

somewhere over the rainbow, Portugal

R

Rahima

United States

roark22

Geneva, Switzerland

Dan Brinkman

Lynden, WA, United States

RM

Ron Maze

United States

Ed

Howells, United States

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

R

Ryan

Albuquerque, NM, United States

W

Will

United States

Paul Buchheit

Mountain View, United States

Raoul

Germany

T

TP

United States

J

JB

Germany

DR

Denise Ramser

United States

Jim Murray

United States

HL

Harris Lin

New Zealand

J

John

United States

Mark Wilco

Columbus, OH, United States

James Liao

San Francisco, United States

Kyra

Bussum, Netherlands

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