Loan to develop my business

Kwaku

Kumasi, Ghana

52% repaid

Entrepreneur

Name

Kwaku

Member since

September 2016

On-time repayments

148 installments  •  60%

About Me

I am Kwaku Boadu, on 17th March 1967. I was born into Nnuaso, in the Ashanti region of Ghana West Africa. I had my elementary school at M/A primary School in Nnuaso my hometown. I couldn’t continue with school because of family financial problems. My father tells me a car mechanic head. This person taught me the profession of auto mechanic for five years. More than ten years I practice this profession .I have my own shop today. I am married and I have three children. The well being of my family is my first concern. My hobbies are reading books, watching news and browsing.

My Business

I have a garage where I repaired different truck brands. I also moves in the interior of the country to troubleshoot trucks. His is my profession, I practice with passion. I also opened a small shop where I sell car parts. I sell goods like drinks, toiletries, beverages, water and many more. I use this store to help my neighbor’s access things that they may need without traveling a long distance before getting the little things they may need. My business help me support my children’s education.

Loan Proposal

Thank you to all the lenders and all the Zidisha team for counting me among your members. My first loan allowed me to pay members Loan Fund. Now I want you grant me $570.00 loan to develop my business. I plan to buy auto parts worth the loan to sell to the truckers. I think make a profit of 30% on each time I will incur this amount in purchasing auto parts. With my experience I know in advance what to buy. Thank you to all the lenders and all the Zidisha team for your contribution in my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$567.00

Date disbursed

Jun 15, 2017

Repayment status

Late

Projected term

26 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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  • Kwaku    Aug 6, 2017

    I reduce my payment to be able to make adjustments in my car park.

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  • Kwaku    Jun 15, 2017

    I received this afternoon $ 567.00 which is the amount of the loan you gave me.
    Thank you Zidisha team, thank you my lender.

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  • Kwaku    Jun 15, 2017

    Kwaku also chose to pay an optional expediting fee of $85.03 to have the loan funded and disbursed immediately.
    Dear Zidisha Team I remind you that my loan was funded immediately but not disbursed immediately. Thanks.

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  • Kwaku    Jun 12, 2017

    I will buy auto parts to resell.
    This loan will help me enormously.
    Thank you my Lender God bless you.

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  • Kwaku    Jun 10, 2017

    Hello, to all the lenders. I inform you that today I repaid my loan.
    I say thank you to Paul Graham who financed my first loan. Thanks to the Zidisha Team.

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  • Kwaku    Nov 2, 2016

    my income is low thjs moment.

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  • Kwaku    Sep 19, 2016

    Thank you Zidisha Team. Thank you Paul Graham.

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