New equipments for my washing bay

Effah Kyere

Berekum, Ghana

26% repaid

Entrepreneur

Name

Effah Kyere

Member since

May 2018

On-time repayments

54 installments  •  24%

About Me

Effah Kyere Emmanuel is my name. I am a Ghanaian by nationality. I am 25 years of age, married with 1 child, I completed Boamponsem secondary school. right from there, I pursued into university of Ghana Legon and came out to establish my own business , the washing bay named Emfak washing bay. I currently stay in Berekum Jamdede, managing my own business.

My Business

Washing bay is one of the lucrative ventures as far as the transportation business keep ongoing .I started my washing bay business on 3rd March, 2010 with only one pressure washing machine and two laborers. At that time, I used to buy water from Ghana Water Company before I could wash cars. About few months later, I got money from the business and tapped water from the above mentioned company and stopped buying water from them again . About a year later, I had money and hired a drilling machine to drill a mechanized bore hole, which I have been using up to date. I now have twenty laborers with only two pressure washing machine, one poly tank and 8feet by 80feet uncompleted structure meant for washing room for customers (drivers), snack bar and mini super market which I hope will fetch money when completed. The ground of the washing bay is measured 100feet by 160 feet , which is not cemented and it causes a lot of inconveniences , more especially on the rainy seasons .the business has become the source of daily bread for many people and therefore need to meet an international standard .Thank you.

Loan Proposal

Dear lenders as promise i intend to use this loan to help me repay my workers salary and also help purchase a new machine that will cost about $20 and also renovate my washing bay.Thank you

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$75.00

Date disbursed

Aug 27, 2018

Repayment status

Late

Projected term

11 months

Lenders

Cloudways

Malta, Malta

N

Nicole

Pittsburgh, United States

A

Andrei

United States

JA

Joshua Axtell

United States

JF

J Fister

United States

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