Loan for an efficient, used car for my taxi business
George Adu Amponkuruh
Sunyani, Ghana
68% repaid
Entrepreneur
Name
George Adu Amponkuruh
Member since
February 2016
On-time repayments
319 installments • 97%
About Me
I am George K Adu Amponkuruh, a native of Wamfie in the Brong Ahafo Region of Ghana. I was born on 31st March 1959. The education of my younger siblings and I became the sole responsibility of my mother, having lost my father at a tender age.
After completing Standard Seven, I struggled to further my education on my own as three of my siblings were still in elementary school. I was lucky to enroll in the modular training programme through which I became a professional teacher.
I decided to go for further studies and as such managed to buy a taxi cab to help settle my school fees.
My Business
I am mainly involved in the Taxi business. This business has been the main backbone of my living expenses. Currently it is the same business that is supporting the education of my children. I am able to raise an income of $310.00 a month. Out of this, I use approximately $35.00 for repairs and maintenance. To me, the business is very lucrative if the vehicle is always in a good condition.
Loan Proposal
Thanks Zidisha, I will need your assistance to acquire a more efficient used car to expand my Taxi business. I believe that, given $4,000.00 I will be able to purchase and maintain a used car.
Looking at the lucrative nature of the business any financial assistance such as this will be a great boost to me. I believe an expansion of the business at this time will improve my financial fortunes and profit margins.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$3,620.40
Date disbursed
Apr 2, 2020
Repayment status
On Time
Projected term
32 months
Cost to entrepreneur
Service fee: $246.89
Credit risk payment:
$370.33
Other loans
Lenders
Stockholm, Sweden
Charlottesville, United States
Glasgow, United Kingdom
Stamford, USA, United States
Osnabrück, Germany
Germany
Fontvielle, Monaco, Yemen
Gold River, Canada
Washington, DC, United States
Encinitas, United States
Berkeley, CA, United States
Denver, United States
Canada
United States
Moscow, Russia
Canada
United States
United States
Norway
Germany
Germany
United States
United States
United States
United States
Muenster, Germany
United States
United Kingdom
United States
United States
United States
United States
United States
Washington DC, United States
United States
United Kingdom
United States
Australia
Brisbane, Australia
Scottsdale, United States
London, United Kingdom
United States
Oshawa, Canada
United States
Bologna, Italy
Sacramento, United States
United States
United States
United States
Germany
United States
United States
United States
Hamburg, Germany
United States
United States
United States
Singapore
Saudi Arabia
Germany
Germany
Finland
San Ramon, CA, United States
Germany
United States
United States
Germany
United States
United States
Hong Kong
United States
Seattle, United States
Bruno Sanchez-Andrade Nuño (brunosan)
United States
Colorado Springs, Colorado, United States
Reading, United Kingdom
United States
Russia
San Francisco, United States
United States
United States
Colombia
Australia
Luxembourg
United Kingdom
United States
United States
Pakistan
United States
United States
United States
Netherlands
Basel, Switzerland
Netherlands
Canada
United States
United States
Honolulu, United States
United States
Germany
Brazilia, Brazil
Czech Republic
Asheville, Nc, United States
Germany
Canada
United States
United States
Switzerland
United Kingdom
United States
Austria
United States
Canada
United States
Paraguay
Germany
Canada
United States
United States
United States
United Kingdom
United States
United States
Kristinn Árni Lár Hróbjartsson
Iceland
Guatemala
Netherlands
Australia
United Kingdom
United States, Canada
United States
United States
United States
United States
United States
United States
United Kingdom
Ask George a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.