Loan to purchase concrete mixing machine

Evans

Prampram, Ghana

14% repaid

Entrepreneur

Name

Evans

Member since

December 2013

On-time repayments

200 installments  •  86%

About Me

I am a young man of 33 years. I completed Tema Technical Institute in 2004 and obtained a City and Guilds Certificate in Block Laying and Concreting.
Since then I have been working on contract basis as a mason on building projects.

On a typical day, I often wake up around 5:00 am to catch the first bus going to my work site. If it is
located far away I prefer to lodge on site for the rest of week, to reduce transport costs.

Currently, I am working on starting a cement sale business as an additional occupation.

My Business

My dream is to start a cement shop business and later block molding. The latter would require heavier investment so that is for the long-term.

A man I once worked for gifted to me his unused container. I intend to refurbish this for my cement shop business. This would help augment my income and make me a business owner.

Currently, I need to weld, screed and roof the container and get it ready for this business. When given a loan, I would use it for these preparatory works.

The source of income that will be used to repay the loan will come from my masonry work.

Loan Proposal

I want to request for a loan to purchase concrete mixing machine for my construction business.
Currently I have a construction business that needs equipment to be able to executes construction works through a fastest means.
This machine will cut down cost compare to when I use to rent when ever I get a job.

Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,051.00

Date disbursed

Jul 25, 2017

Repayment status

Late

Projected term

51 months

Lenders

CN

Craig Newmark

United States

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