Loan to pay my child's school fees

Farouk Adam

Nkawie, Ghana

Funds disbursed

$0 to go

100% funded of $159 goal

0

days left

Entrepreneur

Name

Farouk Adam

Location

Nkawie, Ghana

On-time repayments

8 weekly installments  •  25%

About Me

My name is Farouk Adam, and I am a former student of Koforidua Shs with a focus in science. I grew up in a family of ywelve and know that being a refrigerator repairer is my calling. My passion for helping others has been evident in my involvement in various activities in my community. Through those experiences I have learned to interact with a diverse group of people, which has increased my ability to relate to others. I have a daughter who is three years old but have lost my lady. She wants to become a nurse and I want to support her for her dreams to come true. I join Zidisha to get help enough to support my siblings and family as a whole.

My Business

I sell fridges and repair them for various clients who live in and outside my community. This helps me to provide services for any individual who calls on me for help and I got paid in return to the services I provide. I save thisvprofit I get and use to buy more fridges to sell to customers who needs some. This is the means I used to raise funds to support myself and business. Thank you

Loan Proposal

The loan I am applying would enable me to pay my wards school fees. The are reopening school this week an dinner to pay the fees of my my ward which is Ghc 520 and buy books also. This loan would really help me alot.

Income Source

I would pay the loan from the profit I get from selling fridges to my clients on daily basis and I would also make sure I pay on time.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$159.10

Date disbursed

May 1, 2021

Repayment status

Late

Projected term

6 weeks

Cost to entrepreneur

Service fee: $7.08

Credit risk payment: $14.16

Optional expediting fee: $21.24

Lenders

D

DanielW

United States

B

bmkahora

United States

richmcl

United States

Robert

Sweden

Paul Buchheit

Mountain View, United States

B

Bharat

Princeton, United States

MH

Martin Hammick

United Kingdom

B

Berend

Netherlands

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