Loan for laptop and school fees for education degree

Vincent Nsiah

Accra Ghana, Ghana

8% repaid

Entrepreneur

Name

Vincent Nsiah

Member since

November 2014

On-time repayments

303 installments  •  12%

About Me

I'm Nsiah Vincent from Ghana, When I was about to complete my Senior High School my father lost his job and it became a problem for me to start my University Education. My results came and I had passed so I had to start school, I applied for the University and started to work until I had a letter from the school that I've been admitted and since then I've been supporting myself at the University level from there. I'm in my third year at the University of Ghana and things are very difficult for me now since our economy is also not in good shape.

My Business

When I started to work, I got a work as ashop attendant and that has been the work I have been doing when I came home from Senior High School. I have been working as a shop attendant since then at that shop in Accra at Tudu, Accra -Central, which I use receive GH¢150.00 every month. But with this, when school resumes I stop and go back when school is on vacation.
I am now pursuing my first degree program at the University of Ghana and in my third year.
I am in need of laptop that will aid in my studies and also the pay for my fees for the semester this year.

Loan Proposal

I will buy a laptop and pay my fees for the semester , these will enable me to save time on frequently visiting cafe and also help me save my documents direct on my laptop , thence creating convenience for my studies at school.
More-so, i still have arrears of school fees of which i will defray upon access to this loan.
I hope my hope to continue my schooling will be achieved with a quick funding to help my stay on campus again.
Thank you,

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$683.33

Date disbursed

Jan 26, 2015

Repayment status

Late

Projected term

69 months

Cost to entrepreneur

Lender interest: $683.33 at 5.05% annual rate over 69 months = $198.33

Service fee: $74.70

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