Ghana

Motor parts and engine oil accessories



Entrepreneur
Kwame Asenso
Berekum, Ghana
Invited By: Joseph Asare Agyekum
Invited Members: 1   View

Volunteer Mentor: Oppong Maxwell

This Loan
6% Repaid


Disbursed Amount: $1,737.96
Date Disbursed: May 3, 2017
Repayment Status: On Time
Repayment Frequency: Weekly Projected Term: 54 months
Cost of Loan: $85.99
Show Cost Details

Cost of this loan

Service Fee: 5% of $1,737.96 = $85.99


Story
About Me

My name is Kwame Asenso. . From there I couldn't go further.In the beginning, I started selling home used cloths and after some time, it was not fetching me much money and I stopped that one too. I therefore began the sale of home used fridges and it was good until the government of Ghana imposed a law, no home used fridge should be imported to Ghana. I therefore switched again and began the sale of engine oil for both motorbike & cars. And I have been doing that for years.

My Business

I sell all kinds of engine oil. I sell both for motorbike , cars and all other kinds of engine. I sell oil filters in addition too. I have been doing this business for 5years now and I know all the pros and cons of the business. I chose this business because there are many cars coming from America and Europe coming to Ghana on daily basis..I mean most been used cars. Either for private or commercial purposes. All these cars also use engine oil after some period of time..this made me enter into this business. I have never regreted doing this business. It is very profitable.

Loan Proposal

God bless you.Selling all kinds of engine oil is my business. I sell this at an advantageous area at Berekum. My shop is located just behind the Berekum Main lorry station. I have numerous customers which buy from me. I sell oil & filters in addition too. Am here because there is more room for improvement. Thank you for seeing me through. God bless you.Selling all kinds of engine oil is my business. I sell this at an advantageous area at Berekum. My shop is located just behind the Berekum Main lorry station. I have numerous customers which buy from me. I sell oil & filters in addition too. Am here because there is more room for improvement. Thank you for seeing me through



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Feedback
Positive   4      Neutral   0      Negative   0     

  • Fox Family     Nov 10, 2015

    Positive

    Excellent borrower. ++


  • JK     Nov 2, 2015

    Positive

    TOP business and great lending experience! Repayments always on time! Will be with you again... :)


  • aliyabe     Mar 14, 2015

    Positive

    best luck with your business!


  • SeeBiscuit     Mar 10, 2015

    Positive

    Good job!


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Motor parts and engine oil accessories

Kwame Asenso
Berekum, Ghana

6% Repaid