James
Nobekaw, Ghana
100% repaid
Name
James
Member since
February 2016
On-time repayments
85 installments • 86%
James Acheampong Yaw is my name. I am a Ghanaian by birth. I current stay at Nobekaw. Though one could say my children are many, I never regretted having giving birth to such children. Two years after our marriage, my wife was not giving birth. I tried and almost gave hope. So who am I to stop the babies from comming into my life finally.
Together with my large family, we live in a compound house. all my children are in school now. They all depends on my business for survival. Not to mention, my aged parents as well. Lfe in Ghana is very good since Democracy and the rule of law is working here. Indeed Ghana is a peaceful country in the whole africa.
I inherited this business from my father. More or less, this is a family business. Since I am the first son, my father handed over to me which I have managed for the past fifteen years. I sell basic building materials such as cements, iron rods, wood, plywood, and several others. I am also into provisionsbusiness and the selling of soft drinks which is been managed by my junior brother. I have my own taxi which also help support my family financially. My shop is the only store in Nobekaw township that sell these mentioned items. To build a house in Nobekaw simple means, one needs to come to my shop. The profit i get everyday is something to write home about. My whole family depends soely on this business so I never joke with it. I need to buy more cements and iron rods to sell. This can definately increase my profit positively.
With this loan, I will increase the sales of basic building materials which I sell in my shop. Materials such as cement, iron rods, nails etc are of very high demand in my community. Increasing the amount invested in selling this items will definately increase my income and profit as well by which repayment of this loan will be simple, on time and regular. Thank you
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Project Type
Classic Loan
Disbursed amount
$197.00
Date disbursed
Jul 27, 2016
Repayment status
On Time
Projected term
3 months
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