Loan to facilitate my building project

Emmanuel Boateng

Berekum, Ghana

1% repaid

Entrepreneur

Name

Emmanuel Boateng

Member since

December 2015

On-time repayments

31 installments  •  45%

About Me

My name is Emmanuel Boateng. I come from chiraa, a suburb in the Brong ahafo . Chiraa is a suburb of Sunyani. In Ghana, most families are poor, there is a little families which are classified as the medium living income status. And a very few families which are rich. I had only basic education. i now sell used car tires. My father who was a farmer gave me money to start this business and that has kept and still keeping me going, that is the business i do for life.

My Business

I sell tires at a very vantage place at chiraa. This business is increasing day in and day out, since there are cars coming from Europe and America into Ghana all the time, and then the need for car tires has risen. I dont need help for my business, but i need help to finish my building. Rent is very expensive in Ghana and i have tried to put up a two room which will help me for life. i need help to complete this project. I shall use the revenue i get from my business to cater for the loan.

Loan Proposal

I need loan to buy materials for my building. However, i shall repay the loan from my ordinary business. Building or raising a structure in Ghana is very expensive,but above all that, is better for you to have your own building than to rent. I need additional support to complete my building and relocate to my new place, as i don't have much funds to re rent another place. If am given the offer of help, i can assure i will repay,because i get daily income from my car tires business. I thank you for helping me

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$443.30

Date disbursed

Jul 22, 2016

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $10.76

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