Loan to expand my water-delivery business

Nabla

Bono Manso-techiman North, Ghana

100% repaid

Entrepreneur

Name

Nabla

Member since

May 2016

On-time repayments

136 installments  •  82%

About Me

I completed University for Development Studies in 2013. And I obtained a bachelor of arts in "Integrated Community Development". I'm self employed and a community developer. My aim is to provide the rural folks with potable water. I got money from vegetable cultivation and started my water project. The land of Bono manso is very good for vegetables and cashew. The people are very hospitable and Loving which attracted me to live here. My children would like to work as a team to fighting poverty. They have always said "dada poverty is our great enemy and we shall work hard as a team to fight it"

My Business

I drill boreholes in rural communities and mechanized them so that the rural folks get potable water. The rural folks drink water from ponds, rivers, dugouts etc which is not potable at all for drinking. l decided to do this business so that water born diseases could be minimized. The cost of drilling one borehole ranges from $4166.70 $4629.60 excluding extension. Normally, I realize $18 and $6 a day for dry and rainy seasons respectful. I use my profit for reinvestment, my children education, cashew plantation and home improvement.

Loan Proposal

I would use the loan to buy poly tanks and pipes to expand my water to most people in my community houses to be able to get access to water very easily. The cost of the above mentioned items is $1000.when the expansion of the water is successful, my community members will get easier access to drinking water. I hope to get a profit of 5% increase in my daily income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$384.00

Date disbursed

Oct 15, 2016

Repayment status

On Time

Projected term

7 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

TO

Thomas O'Neil

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

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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