Entrepreneur
Name
Ernest
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
I will buy 3 new motor cycle which will cost 230 dollars per one so the three will cost 690 dollars. I will buy parts of the motorcycle which will also cost 500 dollars. Oil's for for the old motorcycle will cost 250 dollars. The rest will be use for for transportation and allowance that will also cost 25 dollars. I will get addition profit to my business besides I will employ two new staffs to help the growth of the motorcycle business who is located at kumasi Tafo. I think if all things been equal my profit will increase by 70%. However for the past three years experience in the industry it has helped me a lot and I believe if am grant to this loan thing will be multiply both on my side and on the side he workers. Thanks to you all leaders.
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
I will buy 3 new motor cycle which will cost 230 dollars per one so the three will cost 690 dollars. I will buy parts of the motorcycle which will also cost 500 dollars. Oil's for for the old motorcycle will cost 250 dollars. The rest will be use for for transportation and allowance that will also cost 25 dollars. I will get addition profit to my business besides I will employ two new staffs to help the growth of the motorcycle business who is located at kumasi Tafo. I think if all things been equal my profit will increase by 70%. However for the past three years experience in the industry it has helped me a lot and I believe if am grant to this loan thing will be multiply both on my side and on the side he workers. Thanks to you all leaders.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,471.00
Date disbursed
Apr 30, 2018
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Norway
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$1,471.94
Amount remaining
$0.00
Date repaid
Nov 5, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 11, 2018 | $56.48 | May 11, 2018 | $56.48 |
| May 18, 2018 | $56.48 | May 11, 2018 | $0.22 |
| May 18, 2018 | $56.26 | ||
| May 25, 2018 | $56.48 | May 18, 2018 | $0.90 |
| May 25, 2018 | $55.59 | ||
| Jun 1, 2018 | $56.48 | May 25, 2018 | $2.24 |
| Jun 1, 2018 | $54.24 | ||
| Jun 8, 2018 | $56.48 | Jun 1, 2018 | $1.34 |
| Jun 8, 2018 | $55.14 | ||
| Jun 15, 2018 | $56.48 | Jun 8, 2018 | $3.81 |
| Jun 15, 2018 | $36.31 | ||
| Jun 15, 2018 | $16.36 | ||
| Jun 22, 2018 | $56.48 | Jun 15, 2018 | $6.05 |
| Jun 22, 2018 | $50.43 | ||
| Jun 29, 2018 | $56.48 | Jun 22, 2018 | $8.29 |
| Jun 29, 2018 | $48.19 | ||
| Jul 6, 2018 | $56.48 | Jun 29, 2018 | $10.76 |
| Jul 6, 2018 | $45.73 | ||
| Jul 13, 2018 | $56.48 | Jul 6, 2018 | $13.22 |
| Jul 14, 2018 | $43.26 | ||
| Jul 20, 2018 | $56.48 | Jul 14, 2018 | $15.69 |
| Jul 20, 2018 | $40.79 | ||
| Jul 27, 2018 | $56.48 | Jul 20, 2018 | $17.93 |
| Jul 27, 2018 | $38.55 | ||
| Aug 3, 2018 | $56.48 | Jul 27, 2018 | $15.24 |
| Aug 5, 2018 | $31.38 | ||
| Aug 9, 2018 | $9.86 | ||
| Aug 10, 2018 | $56.48 | Aug 9, 2018 | $34.97 |
| Aug 14, 2018 | $21.52 | ||
| Aug 17, 2018 | $56.48 | Aug 14, 2018 | $12.10 |
| Aug 24, 2018 | $42.59 | ||
| Aug 28, 2018 | $1.79 | ||
| Aug 24, 2018 | $56.48 | Aug 28, 2018 | $17.26 |
| Aug 31, 2018 | $24.66 | ||
| Sep 1, 2018 | $14.57 | ||
| Aug 31, 2018 | $56.48 | Sep 1, 2018 | $7.84 |
| Sep 4, 2018 | $13.45 | ||
| Sep 6, 2018 | $22.41 | ||
| Sep 10, 2018 | $11.21 | ||
| Sep 12, 2018 | $1.57 | ||
| Sep 7, 2018 | $56.48 | Sep 12, 2018 | $16.36 |
| Sep 13, 2018 | $22.41 | ||
| Sep 19, 2018 | $13.45 | ||
| Sep 20, 2018 | $4.26 | ||
| Sep 14, 2018 | $56.48 | Sep 20, 2018 | $40.57 |
| Sep 25, 2018 | $13.45 | ||
| Sep 26, 2018 | $2.47 | ||
| Sep 21, 2018 | $56.48 | Sep 26, 2018 | $19.95 |
| Sep 27, 2018 | $35.86 | ||
| Oct 2, 2018 | $0.67 | ||
| Sep 28, 2018 | $56.48 | Oct 2, 2018 | $10.53 |
| Oct 4, 2018 | $44.83 | ||
| Oct 9, 2018 | $1.12 | ||
| Oct 5, 2018 | $56.48 | Oct 9, 2018 | $10.09 |
| Oct 10, 2018 | $13.45 | ||
| Oct 11, 2018 | $32.95 | ||
| Oct 12, 2018 | $56.48 | Oct 11, 2018 | $0.67 |
| Oct 16, 2018 | $11.21 | ||
| Oct 18, 2018 | $22.41 | ||
| Oct 23, 2018 | $11.21 | ||
| Oct 25, 2018 | $10.98 | ||
| Oct 19, 2018 | $56.48 | Oct 25, 2018 | $22.86 |
| Oct 26, 2018 | $13.45 | ||
| Oct 30, 2018 | $11.21 | ||
| Nov 1, 2018 | $8.97 | ||
| Oct 26, 2018 | $56.48 | Nov 1, 2018 | $15.47 |
| Nov 1, 2018 | $22.41 | ||
| Nov 2, 2018 | $18.60 | ||
| Nov 2, 2018 | $56.48 | Nov 2, 2018 | $26.22 |
| Nov 2, 2018 | $11.21 | ||
| Nov 5, 2018 | $19.05 | ||
| Nov 9, 2018 | $3.36 | Nov 5, 2018 | $3.36 |
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