Loan to expand my carwash business

Asare Kwadwo

Accra, Ghana

100% repaid

Entrepreneur

Name

Asare Kwadwo

Member since

March 2021

On-time repayments

15 installments  •  60%

About Me

I’m Kwadwo Asare I manage my senior brother’s work who is in England, and I have workers who worked with me everyday when we close from work the I take the work money home and then save it next day in bank so anytime we money to do maintenance ,including washing machine then I go to bank and withdraw some amount of money to maintain or do the fault.

My Business

I manage washing bay I manage the work but sometimes I wash some of the car when the workers didn’t come to work of busy doing other works this work is not my own but my brother who is not here in Accra Amasaman, he has just give me order to Manage this work and save the income money from the work, again keeping the environment clean.

Loan Proposal

I will be very very happy if I got this loan I will buy another electricity meter to work because I got another machine but I have one meter that makes my bill go high but when I buy another meter the I will use each machine for each meter.

Income Source

After I get this loan and buy the electricity meter, I will connect to other machine so that I can work with two machine at the moment that will help me to get money to repay my depth.

My Videos

Apr 19, 2021: Thank you zidisha for expanding my business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$65.44

Date disbursed

Apr 12, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $2.28

Credit risk payment: $4.68

Lenders

John Minges

United States

LM

Lee Montecucco

Washington State, United States

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