Mechanic shop

Acheampong Kennedy

Sokoban-kumasi, Ghana

100% repaid

Entrepreneur

Name

Acheampong Kennedy

Member since

October 2015

On-time repayments

155 installments  •  41%

About Me

I was given birth by Mr. and MissNicholas Boakye,who lives in Kumasi. I completed J. H. S, at Sokoban MA J.H.S and I further it at Kumasi Technical Institute (K. T. I), where offered Diesel and Heavy Duty. It was difficult but with Zidisha things are moving on smoothly.There are big rocks in my home town and is is not common here in Ghana. My children they said they will be doctors when they grew up and I've also assured them I will help them to achieve their goal. I was a table tennis player and I even represent my school when there is tournament.

My Business

I also sell parts like solenoid, filters and pressure release valve because am on the same field and I even completed school with the same course as a mechanic and at times it helps me to move on fast when ever am working and there is fault on that kind of parts, i found it easy to replace it because I already sell that kind of parts. I chose that business because am on the same field. I spend about ten thousand Ghana cedis each time I want to by parts. I used the profit to help my children in their school and I also save some for their future.

Loan Proposal

It meanly repairs and maintenance of heavy duty equipment’s like caterpillars, graders and etc. But i do not have a shop so I do it upon request then the person pays for spare parts used or they buy themselves and I fix for them.
it is a good job but sometimes the problem I do encounter is the parts to work with sometime you need to go to a fault with some part to help you do your work quicker and since I do not have enough capital i buy them as per request .I am into this business because with this I am able to manage everything by myself and keep good eye on my money and know what to do at any time and it less time consuming.
And the profit is sometimes channeled back to business but sometimes to assist my siblings with their education.
the cost of the business depends much on the fault or the parts to fix the fault and the profit margin too is not much because I always want to beat price to maintain customer’s and since i do not run a shop, i do consider it to reduce my charges. And because my capital is not much i do sometimes have many job to attend to but i have to pay for the spare parts I took first to enable the shop to credit me again.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$362.00

Date disbursed

Jun 28, 2016

Repayment status

On Time

Projected term

4 months

Lenders

A

anonymus

Moon, United States

E

Elisa

Espoo, Finland

B

blahblah

Nuernberg, Germany

athomas

Chevy Chase, United States

ads68

Melbourne, Australia

P

Prysdahl

Marshall, United States

M

mtaylor

Houston, United States

T

Taupe

Balzers, Liechtenstein

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mojobob

Hayward, United States

H

Habroukema

Austin, United States

Evan Lamos

Brussels, Belgium

dlpringle

Denver, United States

T

thebonseung

Republic of Korea

Paul Buchheit

Mountain View, United States

F

FSO

Canada

mepster

San Francisco, Ca, United States

Loungin

United States

C

Crainster

Chapel Hill, United States

Mark

Nijmegen, Netherlands

Dean Cress

United States

C

Chitti421

United States

T

thedan33

Czech Republic

George

Corvallis, Oregon, United States

CNV

United States

Paul Smithson

Leeds, United Kingdom

N

Nino

Switzerland

DM

Dimitri Malarme

Brussels, Belgium, Belgium

Elise E

United States

Y

YTSJ

London, United Kingdom

D

Dermo

Dublin, Ireland

B

Boris

Bern, Switzerland

K

Kenny

United States

GA

Giovanni and Yelena

New York, Ny, United States

J

Jon

United States

Humble Bundle Community

San Francisco, United States

NM

Nitya Marepally

San Ramon, CA, United States

Day Family

Melbourne, Australia

VC

Victor Chong

United States

PW

Patrick White

Albuquerque, NM, United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

A

Anonymous

United States

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  • Acheampong Kennedy    Nov 25, 2018

    I wish to inform you about the challenge I have encountered at my job which has put me into a deli-ma the spare parts that I bought with the money that I got locked up due to the stop of small scale mining at our community for about a year, because of this problem i have the items in stock but there is no job for me to sell by fixing it for my clients.but it has been review for them to start working . I am hoping to start work very soon to get me sell the available parts to enable me to pay the money back.
    This has affected me in such a way that I am even struggle to pay my children school fees.
    this is the reason that has cause my delay in payment and I am calling for payment review.

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  • Prince Ghartey    Mar 11, 2018

    He assures the lenders that he will pay soon
    He is having little issues @ work

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  • Prince Ghartey    Feb 10, 2018

    He said he is facing little difficulty at work .. promised to pay very soon.

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  • Prince Ghartey    Jan 10, 2018

    He promised to pay next market day

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  • Prince Ghartey    Dec 10, 2017

    he said busniss is not doing well.

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  • Prince Ghartey    Nov 10, 2017

    His phone is down
    Can't reach him

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  • Prince Ghartey    Oct 8, 2017

    His phone can’t be reached
    Will still try to call his phone.

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  • Prince Ghartey    Aug 31, 2017

    His phone is not working at the moment
    But will still try getting in touch with him.

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  • Acheampong Kennedy    Jun 30, 2017

    I received 1,998GHS,i will use it to buy parts. Thank you for the loan.

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  • Acheampong Kennedy    Jun 29, 2017

    I will use it to buy parts and it will help me in my job. I really appreciate it and thank you for the loan.

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  • Acheampong Kennedy    Jun 24, 2017

    I used the loan to buy spare parts, and Infact it has helped me a lot in my work.

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  • Prince Ghartey    May 14, 2017

    He has assured me that he will start paying from next week
    He admit he hard little issue that resulted in the delaying of the money
    But things are okey now.

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  • Acheampong Kennedy    Jan 21, 2017

    Please I've received the loan, and it was 1997.00.I will used it to buy parts so that it will help me in my job. I really appreciate what you been doing for me and thanks a lot.

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  • Acheampong Kennedy    Jan 11, 2017

    I will use it to buy parts so that it will help me in my job.

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  • Acheampong Kennedy    Nov 14, 2016

    I use this money that I get to buy filters for caterpillar which I was to fix just after the day I received the money and it was very helpful to me .I am hoping to buy 2 of the same filters the next time I am going to do another purchase.

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  • Acheampong Kennedy    Jun 28, 2016

    Please I've received the loan and the amount is 1402.00.I will use it to buy parts to extend my shop.Please thank you for your support.

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  • Acheampong Kennedy    Jun 26, 2016

    I will use it to buy parts and extend my shop.

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  • Acheampong Kennedy    Jun 10, 2016

    Infact the loan has helped me a lot.

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  • Prince Ghartey    Mar 26, 2016

    Hello lenders, I was able to get in touch with him this evening he told me that he traveled that why the delay... because there was no network... but he is in now so he will start paying very soon.

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  • Acheampong Kennedy    Feb 8, 2016

    In fact it has helped me a lot.

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