Loan to build another factory

Elvis

Techiman, Ghana

6% repaid

Entrepreneur

Name

Elvis

Member since

June 2016

On-time repayments

51 installments  •  73%

About Me

I am elvis opoku, Ghanaian citizen by birth, the sixth born in a family of 13. I am 33 years of age, married and blessed with a baby boy Samuel. I settled in Mombasa after my studies and started a computer business.

I am a pastor of Shalom Baptist Church inTechiman. I love reading the bible, singing and travelling for mission work of reaching the unreached with the gospel of Jesus Christ.

The kindergarten I run at the church is a charity work, as all the children here are orphans and so they could not afford education in public private academies. I took it on myself without any sponsor to provide the kids with a uniform, breakfast and lunch, stationary and paying the tutors who spend with them the entire day at the church.

I want to build them classrooms, as they are still using the church hall as their class. I would also like to have chairs specifically made for them, as now they use church seats which are quite big for their size.

Currently I provide them with one pair of uniform, but I want to provide them with at least two so that in a week they can change it and it will last longer. I also plan to provide them with shoes, as most of them come to school barefooted.
God willing, I also want to build them a house and hire mummies that will take care of them, provide medication and good food.

My Business

I run a computer shop, dealing in computer sales and services, software installation, photocopying, binding and lamination, passport photo service, project typing and research, repairing electrical wire etc.

I have started a school at the church which deals with orphans. I would like to expand the school so that the public can join and the fees they pay could sustain the orphans.

My computer shop on a monthly basis gives me not less than USD $500, so I make around USD $200 profit per month. The location of my business is strategic, as I am just opposite a primary school where they give me most of their work to do. My shop is also at the terminus of commuter buses from town, so all the people alight there and board their buses from this stage.

Loan Proposal

i think i own my lenders alot of thanks, i don't know what to say. but all that i will say is GOD bless you all. with this my second loan i will buy materials which will facilitate the growth of my business. am also planning to employ some people to work, with this loan i can pay them well. thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$303.00

Date disbursed

Oct 11, 2016

Repayment status

Late

Projected term

60 months

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  • Margaret    Aug 19, 2018

    Hi Elvis,

    Please make an effort to repay your loan. Zidisha offers a wonderful opportunity to grow your business and perhaps open another one in the future. We all understand that unexpected things happen but Zidisha provides you the tools to change your payment amount and schedule at any time by simply logging into your account. Show respect to your mentor and lenders by making repayments. Regards, Margaret

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  • Margaret    Jul 10, 2017

    Hi Elvis,
    We are happy to hear that your business has expanded.
    It is very important that you make payments no matter how small to keep your name in good standing with Zidisha lenders. Please contact. [email protected]. To set up a payment plan you can afford. All of us at Zidisha wish the best for you, please show us and your mentor due respect by making an effort to pay back your loan no matter how long it takes. Best of luck to you. Regards, Margaret

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  • Elvis    Apr 3, 2017

    My business has expand and I need more funds to manage it

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  • Elvis    Oct 11, 2016

    Now expanding my business

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  • Margaret    Oct 11, 2016

    Hi Elvis,
    Thank you for the payment. I hope the loan from Zidisha helps you to grow you business! Regards, Margaret

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  • Elvis    Oct 11, 2016

    Am very grateful to be selected for this second loan, i will use it as expected.

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  • Elvis    Oct 9, 2016

    God bless you my leanders

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  • Elvis    Oct 5, 2016

    am very happy for giving me the first loan. with the first loan am able to build another factory in my community. and am successfully completed paying my first loan so am coming for another one to do different things.

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  • Elvis    Oct 3, 2016

    Because this my last payment

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  • Elvis    Oct 2, 2016

    My business has increased trimendeously

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  • Elvis    Sep 19, 2016

    My business has increased please

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  • Elvis    Sep 14, 2016

    My dear lenders l thank you all, and I hope my business is expanding

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  • Elvis    Sep 1, 2016

    My business is growing am very happy

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  • Elvis    Aug 20, 2016

    business is not going well

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  • Elvis    Jul 31, 2016

    Thanks for this loan

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  • Elvis    Jul 16, 2016

    due to rainfail in my area

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  • Elvis    Jun 18, 2016

    thank you for funding my loan

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