New tire and traffic indicator light for my taxi
David
Berekum, Ghana
100% repaid
Entrepreneur
Name
David
Member since
June 2014
On-time repayments
65 installments • 43%
About Me
My Story
I a m Amponsah David Kwabena, A 28 year old married man, I am the second born of my late father. I come from Dormaa Ahenkro in the brong Ahafo region of Ghana My father left us seven years ago and since then i have been the bread winner of the nuclear family. I offered Bachelor of Science in Physics at Kwame Nkrumah University of Science and Technology in Ghana .However I teach Physics at Methodist senior High School and Technical School. To be able to help my unemployed mother and family I am into a part-time taxi business .the business is making a lot of profit and there is the need to maintain and expand it
My Business
Business
In 2013, I bought a Car and converted to a taxi to run a taxi service after I close from school. I started by conveying people from rounding villages to the nearest town, Berekum I normally starts at 3:00pm and close around 11:00pm though I people wake me up to convey then to hospital in the night since there is no ambulance in the community . It serves as the ambulance for the community.
However due to bad road and need to move fast in times of emergencies my shocks absorbers, wind screen, and engine are weak and there is the need to replace them immediately. I need an amount of $2500 to maintain the taxi in other to continue the services I am delivering to my neighbors
How I repay the loan.
I earn some profit from the taxi business and also earn from the teaching profession. So I can generate the money and pay.
Loan Proposal
In 2013 I started a taxi business at Biadan a surburb of Berekum in the Brong Ahafo region of Ghana. The original idea was to convey the people from the village to Berekum. But for some time now the community calls on me at dawn and nights to attend to emergencies like conveying women at labour and sick people to the nearby hospital. I therefore added ambulance service to the taxi business. Thus I use the same car for taxi services and ambulance service during the day, night and dawn. Due to this there is pressure on the car and there is the need to change the tires,head light , wind screen , traffic indicator light and other parts of the car to help me continue wiith the good services I am rendering to the community. I will be able to pay with the little money I generate from the services. I Hope to hear from you soon.
Amponsah David Kwabena
Thank You
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Aug 1, 2014
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Madrid, Spain
Republic of Korea
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