Loan to change some old parts of my tricycle engine

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 this loan, I will be able to go ahead and change some parts of my tricycle motor engine, these parts of it are very old and do not allow the tricycle to perform to the maximum best, some of these parts are called "piston and rings", connecting rod, and taming chain,
With this loan and if I'm able to change these old parts and including others should incase the money reaches, then my tricycle will perform very well.

Income Source

It is true that many businesses faces risk in this current condition but I want to tell you that, this busines of mine which is a transport business, it never runs down because people travel everyday, and I get enough money everyday at work which can enable me to pay off my loan very quick and with very ease.
I really do not have problem with repayments at all, because I trust my business, making money out of it is a guarantee