Repairing and selling used motorcycles

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

After getting this fund am going to buy additional motorcycle parts which will cost five hundred cedis and will also buy old or used motorcycle, repairs them and sell it back to new customers. The cost of buy two used motorcycle will be six hundred cedis. I will use one hundred as the cost of repairing parts.

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

After getting this fund am going to buy additional motorcycle parts which will cost five hundred cedis and will also buy old or used motorcycle, repairs them and sell it back to new customers. The cost of buy two used motorcycle will be six hundred cedis. I will use one hundred as the cost of repairing parts.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$312.00

Date disbursed

Oct 3, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

SuperMario28

Cudahy, United States

DR

Daniel R

Berlin, Germany

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

Rosario von Li

San Jose, Ca, United States

M

Matthias

Australia

K

Konstantine

Prokopievsk, Russia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

MF

Mike Frawley

United States

JA

Joshua Axtell

United States

BR

Brandon Ross

United States

A

Anonymous

United States

A

Anonymous

United States

MS

Merel S

Netherlands

Paul Buchheit

Mountain View, United States

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