Motorcycle taxi service

Ernest Berko

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Ernest Berko

Member since

August 2015

On-time repayments

224 installments  •  81%

About Me

I am Ernest Berko Mensah from Mampong Kofiase in Ashanti region. I have completed Sunyani Polytechnic University. My parents are Mr. And Mrs. Oppong Mensah. Currently, I am living at Kumasi Tafo. I like doing things the way other people do it but I have always wanted, myself, to be different from other people. I like reading books such as investment, motivational and human relation books.

My Business

The money from a previous loan helped me to buy more equipment for my consulting firm. I advise people on how to establish their own businesses. Most people find it difficult in our country to operate businesses by themselves. Through your loans, you gave me the ability to help about twenty five people who have gotten their own businesses now. (I also used some of the loan to pay my brothers' school fees.) Besides that, I am also working on motorcycle spare parts. I was able buy 3 new ones. My profits have increased by 40%. Thank you for that loan.

Loan Proposal

With this loan I will use 800 dollars to buy new motorcycle and use 200 dollars to buy some parts of the motorcycle for resale besides I will also use 150 dollars for payment of my brothers school fees. The rest will be use to pay my staff salaries and transportation for the work. This will help me to employ two people to become part of the work so that they can get they daily mail. It will also my brothers to complete they education. The company will also increase it profit margin to very high standard.

Show original English  

About Me

I am Ernest Berko Mensah from Mampong Kofiase in Ashanti region.
i have complete sunyani polytechnic. My parents are Mr. And Mrs Oppong Mensah. Currently am leaving at Kumasi Tafo. I like doing things the way people do it but always wanted my to be different from other people. I like reading books such as investment, motivational and human relation books

My Business

I will expend the motorcycle business of which I am going to buy additional ones. I will buy new motorcycle parts because the people in area need it more. Aside that there are a lot peoples motorcycle which has destroy and it needs to be repairs and replacement. Our company has been the best for them. Notwithstanding there has been improvement in the business for the past four years. I believe if you grant me this amount am looking for the business will move in a fast growth.

Loan Proposal

With this loan I will use 800 dollars to buy new motorcycle and use 200 dollars to buy some parts of the motorcycle for resale besides I will also use 150 dollars for payment of my brothers school fees. The rest will be use to pay my staff salaries and transportation for the work. This will help me to employ two people to become part of the work so that they can get they daily mail. It will also my brothers to complete they education. The company will also increase it profit margin to very high standard.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,169.00

Date disbursed

Sep 15, 2017

Repayment status

On Time

Projected term

6 months

Lenders

Alberto Cereser

Copenhagen, Denmark

I

Ian

United Kingdom

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

W

Will

United States

Paul Buchheit

Mountain View, United States

Katja

Switzerland

TL

Tao Luo

United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

T

TP

United States

Ask Ernest a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...