Tricycle transport service

Issaka

Bolgatanga, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Issaka

Member since

November 2020

On-time repayments

54 installments • 61%

About Me

I am Bukari Issaka, a high school graduate who is planning of furthering education when I make enough money someday,
I have 5 siblings, I'm the older one, my parent are old and cannot work to support us anymore so I'm the head of the family now since I provide for them. I'm a tricycle driver and I pick up passengers to and fro for money. I'm 28yrs of age, a calm and respectful young man.

My Business

The business I do is a transport business, I drive tricycle which is used as taxi over here, I pick up passengers to their destinations and earn money. It's a very good business because you get to come by money everyday,
The good part is that you benefit much when the tricycle belongs to you. But if it isn't for you then you will have to give or provide sales or money to the owner everyday, with which you can't earn money for yourself as much as it is for you. I'm the latter part, it isn't for me so I do not earn enough money for myself because I have to give most of the income earn to the owner of the tricycle.

Loan Proposal

When I get the loan, I will buy additional tools and equipment for my tricycle motor. I first bought four maintenance tools for it from my first loan. This time I will but additional tools that I couldn't buy before.
I will also buy what we call "Tapoli" it is what covers the top of the tricycle providing shelter. Mine is old and tearing off. And when it rains the water finds it's way inside. So a new Tapoli would help. If the money remains I would also buy a spare tyre so that i would change a flattered or busted tyre at a go.

Income Source

As i said earlier in my previous or first loan, my work is a transport business, I pick up passengers to and fro for money. People still goes out or travel to their various places like work, market and other different places, and so my work is always available until I decide to close from work. Work is available everyday throughout the week, and so the current economic climate does not affect my job, and so I can easily pay off my loan without any difficulties at all.