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

Other loans

Lenders

dlpringle

Denver, United States

Matching Fund

Sterling, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

M

Margaret

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

Bryce Bow

Bloomington, In, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$17.49

Amount remaining

$285.49

Expected completion

Jul 2, 2017

Status

Repaying late

Installment amount

$33.69

Repayment History

Expected Payments Actual Payments
Oct 23, 2016 $3.09 Oct 11, 2016 $3.09
Oct 30, 2016 $0.51 Oct 13, 2016 $0.51
Nov 6, 2016 $0.51 Oct 13, 2016 $0.51
Nov 13, 2016 $0.51 Oct 13, 2016 $0.51
Nov 20, 2016 $0.51 Oct 13, 2016 $0.51
Nov 27, 2016 $0.51 Oct 13, 2016 $0.51
Dec 4, 2016 $0.51 Dec 13, 2016 $0.51
Dec 11, 2016 $0.51 Dec 13, 2016 $0.51
Dec 18, 2016 $0.51 Dec 13, 2016 $0.51
Dec 25, 2016 $0.51 Dec 13, 2016 $0.51
Jan 1, 2017 $0.51 Dec 13, 2016 $0.26
Jan 22, 2017 $0.26
Jan 8, 2017 $0.51 Jan 22, 2017 $0.51
Jan 15, 2017 $0.51 Jan 22, 2017 $0.26
Feb 24, 2017 $0.26
Jan 22, 2017 $0.51 Feb 24, 2017 $0.51
Jan 29, 2017 $0.51 Feb 24, 2017 $0.51
Feb 5, 2017 $0.51 Feb 24, 2017 $0.51
Feb 12, 2017 $0.51 Feb 24, 2017 $0.51
Feb 19, 2017 $0.51 Feb 24, 2017 $0.51
Feb 26, 2017 $0.51 Mar 3, 2017 $0.51
Mar 5, 2017 $0.51 Mar 3, 2017 $0.51
Mar 12, 2017 $0.51 Mar 23, 2017 $0.26
Mar 29, 2017 $0.26
Mar 19, 2017 $0.51 Mar 29, 2017 $0.51
Mar 26, 2017 $0.51 Mar 29, 2017 $0.51
Apr 2, 2017 $0.51 Mar 29, 2017 $0.51
Apr 9, 2017 $0.51 Mar 29, 2017 $0.51
Apr 16, 2017 $0.51 Mar 29, 2017 $0.26
May 3, 2017 $0.26
Apr 23, 2017 $0.51 May 3, 2017 $0.51
Apr 30, 2017 $0.51 May 3, 2017 $0.51
May 7, 2017 $33.69 May 3, 2017 $0.51
May 14, 2017 $33.69
May 21, 2017 $33.69
May 28, 2017 $33.69
Jun 4, 2017 $33.69
Jun 11, 2017 $33.69
Jun 18, 2017 $33.69
Jun 25, 2017 $33.69
Jul 2, 2017 $16.46

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