Loan to repair my water pumping machine

Paul

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Paul

Member since

July 2015

On-time repayments

82 installments • 61%

About Me

Paul Osei is my name. I am 30 years old, dark in complexion, moderately built and about 5.0 feet tall. I study at Dormaa Senior High School but due to financial constraint was unable to further it again but ventured into water supply business. I have been successful in this business until now. My hobbies are watching movies, listening to music and playing football.

My Business

Water Supply Business
Water is something uncommon to come by in Berekum more especially the villages and towns around Berekum. Many measures has been put in place to check this scarcity of water by drilling bore hole water but yet still many people struggle for clean water to drink and to use it for other things.
Moreover, I saw this as a great opportunity and with the help of my two senior brothers; I was able to acquire a vehicle to supply clean water to all the nearby villages and towns around Berekum. I have been supplying j water for the past six years. I do supply water to some schools, individuals for home use, major food canteens, road /building contractors and clinics etc in return for money. The full tank cost $30 and half a tank cost $15. I buy the water and the sell it to my costumers .I have been using money from my business to cater for my family more especially my junior brothers and sisters in school. I am happy to find Zidisha and I know Lenders are going to support me to expand my water supply business.

Repayment of Loan
I will be able to pay back my loan successfully because my business is highly patronized, there is no single day that I will not be called to supply water. I will not find it difficult to pay every week.

Loan Proposal

Thanks for the opportunity to raise this loan. I am going to use the $100 amount requested to repair my water pump machine. I just develop a fault which is limiting my water supply business; the machine can't pump the water into the water tank as demanded. People are on my neck to supply them water. I am therefore pleading with all Lenders to fix this fault to ensure continual supply of water. Thank you