Materials to complete a building project

Gideon Amefu

New Weija, Ghana

100% repaid

Entrepreneur

Name

Gideon Amefu

Member since

August 2014

On-time repayments

299 installments  •  78%

About Me

My name is Gideon John Amefu. I come from a family of six, my parents inclusive. I live at New Weija a suburb of the Accra Metropolis. I am a student and I am currently at the Kwame Nkrumah University of Science and Technology pursuing a degree course in Civil Engineering.

I started a marketing business in order to lift some burden off my parents. I market products such as popcorn machines,hand-made crafted bead bags and purses, wooden bags and more via internet. The money I gain from the sale of these items are used to pay my school fees and my feeding. I also sometimes re-invest the money into other lucrative businesses to get my returns. As a young gentleman, I want to come out of the University prepared to affect my generation positively. I want to do this by training my fellow young ones the skills and appropriate way to marketing especially in Ghana and Africa- this will mean I should have a hands-on training in that regard. With the help of Zidisha and lenders I will promote my marketing plans.

I love to play table tennis, video games as well as football. At my free time I love to read my bible, search for more website where I can post my adverts and market more items online.

My Business

The business I do is online marketing of products. I mostly market products such as teaching aids to people online, door-to-door, through posters and advertisement. My Dad is a handicraft producer who mainly produces teaching aids in both wooden and digital forms. These teachings aids are a supplement to help teachers guide children in their formative stages. The teaching aids would help build their fundamental study of pronouncing words and how to communicate. There is a demand for these goods and services because there are a lot of schools encompassing my neighbourhood and these different schools need these teaching aids to help boost their level of communication to children. My business is much preferred because the teaching aids are sharp,real,easy to read and understand,quality,durable and very attractive and most of all very reasonable(in terms of cost). The business is profitable because there isn't much of a competiton and therefore we are able to supply to a large number of schools in the neighbourhood and make our profits. The main risks my business faces is that, should there be an error in the wording(digital form of teaching aids), it could be rejected and the cost of production is lost. However, this risk isn't so much of a problem because we have alternatives to remedy the situation whenever it occurs. I mostly make approximately 95usd every month. I believe through advertisement I can take over a greater number of schools in my country.

Loan Proposal

Hello Lenders, this loan I am about taking would help me buy materials for building such as cement bags, sand, water, building blocks or bricks and stones. The total amount needed for the project is 3000 usd. This loan would allow me to complete a portion of a building project I have already started and this portion could be used as a shop for my already existing popcorn machine manufacturing business. This loan could help relieve me of the rent I used to pay for the use of other people's rental shops. It would also help me do a portion of my building project since the shop is embedded within the entire building. So the amount which would have been used for rental could now be a profit to me. It could increase our profits by 50usd.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,050.54

Date disbursed

Oct 10, 2018

Repayment status

On Time

Projected term

11 months

Cost to entrepreneur

Service fee: $32.03

Credit risk payment: $96.35

Lenders

ninamaqami

Ankara, Turkey

xtrahardware

Cazenovia, United States

B

bscent

Hong Kong

Grant Xavier Storer

Seattle, Wa, United States

SV

sven vdk

Twickenham, United Kingdom

Wouter Schoonveld

Amsterdam, Netherlands

Aran Dunlop

United States

Thomas

Sweden, Sweden

JC

Justin cohan

United States

Sinan Taifour

Munich, Germany, Germany

Benjamin Kniaz

Boston, United States

Day Family

Melbourne, Australia

HCPSPIRIT

Helsinki, Finland

JF

J Fister

United States

SS

Sandi Smith

Pimpama. Queensland, Australia

ZS

Zach Silveira

Asheville, Nc, United States

J

Johanna

Zürich, Austria

KA

Kate and Tom

United States

J

Jakub

United States

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Summary

Amount repaid

$1,050.54

Amount remaining

$0.00

Date repaid

May 20, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 22, 2018 $20.70 Oct 29, 2018 $20.70
Oct 29, 2018 $20.70 Oct 29, 2018 $20.70
Nov 5, 2018 $20.70 Nov 6, 2018 $20.70
Nov 12, 2018 $20.70 Nov 12, 2018 $20.70
Nov 19, 2018 $20.70 Dec 17, 2018 $20.70
Nov 26, 2018 $20.70 Dec 17, 2018 $20.70
Dec 3, 2018 $20.70 Dec 17, 2018 $20.70
Dec 10, 2018 $20.70 Dec 17, 2018 $20.70
Dec 17, 2018 $20.70 Dec 17, 2018 $20.70
Dec 24, 2018 $20.70 Dec 31, 2018 $20.70
Dec 31, 2018 $20.70 Jan 10, 2019 $20.70
Jan 7, 2019 $20.70 Jan 10, 2019 $20.70
Jan 14, 2019 $20.70 Jan 14, 2019 $20.70
Jan 21, 2019 $20.70 Jan 22, 2019 $20.70
Jan 28, 2019 $20.70 Jan 29, 2019 $20.70
Feb 4, 2019 $20.70 Feb 4, 2019 $20.70
Feb 11, 2019 $20.70 Feb 11, 2019 $20.70
Feb 18, 2019 $20.70 Feb 19, 2019 $20.70
Feb 25, 2019 $20.70 Feb 25, 2019 $20.70
Mar 4, 2019 $20.70 Mar 3, 2019 $20.70
Mar 11, 2019 $20.70 Mar 10, 2019 $20.70
Mar 18, 2019 $20.70 Mar 17, 2019 $20.70
Mar 25, 2019 $20.70 Mar 25, 2019 $20.70
Apr 1, 2019 $20.70 Apr 1, 2019 $20.70
Apr 8, 2019 $20.70 Apr 9, 2019 $20.70
Apr 15, 2019 $20.70 Apr 19, 2019 $20.70
Apr 22, 2019 $20.70 Apr 29, 2019 $20.70
Apr 29, 2019 $20.70 Apr 29, 2019 $20.70
May 6, 2019 $20.70 Apr 29, 2019 $20.70
May 13, 2019 $20.70 Apr 29, 2019 $20.70
May 20, 2019 $20.70 Apr 29, 2019 $20.70
May 27, 2019 $20.70 Apr 29, 2019 $20.70
Jun 3, 2019 $20.70 Apr 29, 2019 $20.70
Jun 10, 2019 $20.70 Apr 29, 2019 $20.70
Jun 17, 2019 $20.70 Apr 29, 2019 $20.70
Jun 24, 2019 $20.70 Apr 29, 2019 $20.70
Jul 1, 2019 $20.70 May 13, 2019 $20.70
Jul 8, 2019 $20.70 May 13, 2019 $20.70
Jul 15, 2019 $20.70 May 13, 2019 $20.70
Jul 22, 2019 $20.70 May 13, 2019 $20.70
Jul 29, 2019 $20.70 May 13, 2019 $20.70
Aug 5, 2019 $20.70 May 18, 2019 $20.70
Aug 12, 2019 $20.70 May 18, 2019 $20.70
Aug 19, 2019 $20.70 May 18, 2019 $20.70
Aug 26, 2019 $20.70 May 18, 2019 $20.70
Sep 2, 2019 $20.70 May 20, 2019 $20.70
Sep 9, 2019 $20.70 May 20, 2019 $20.70
Sep 16, 2019 $20.70 May 20, 2019 $20.70
Sep 23, 2019 $20.70 May 20, 2019 $20.70
Sep 30, 2019 $20.70 May 20, 2019 $20.70
Oct 7, 2019 $15.32 May 20, 2019 $15.32

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