Expand my plastic recycling business

Emmanuel

Accra, Ghana

15% repaid

Entrepreneur

Name

Emmanuel

Member since

January 2020

On-time repayments

90 installments  •  41%

About Me

My early life has been around an environment full of life and green. My father was a public servant who still loved his farming activities on a piece of land where he had his quarters. He grew everything we ate and used the waste which came out of his backyard farm and left over food for something very important which is linked to his hobby. I then learned from that stage what it means to see value in everything around us including what most people will term as waste. I developed an interest in wanting to see my environment as clean as possible from any kind of waste.
As my parents were interested in me doing the sciences which will end me as medical practitioner, I was so much interested in effective management of resources for the good of everyone around me. I started with business courses in the Senior High and eventually Bsc Business Administration in the university.
I learnt entrepreneurship along the way and I am an entrepreneur who sees opportunities in my environment and takes advantage of them. I have passion for clean and pollution free environment. I love nature and I believe that there is nothing called waste here on mother earth.
Ghana the country in which I leave has potential opportunities and for both citizens and the entire continent of Africa but the the poor management of resources has landed the country in abject poverty. My dream is contribute to the clean Ghana campaign which has been started for sometime so that my children can grow up in country in which they believe and are proud of.
I love to sit at the beautiful coasts of Ghana whiles I enjoy the beauty of nature at my free time.

My Business

I currently work with a government agency in Ghana called NIA (National Identification Authority). That is currently my main source of income. However, I have worked in plastic waste management as my own initiative in 2016 and I was making between ghc 800 - ghc 1,000 in week by just buying plastic waste from house holds and selling them to recycling plants. This was profitable until there was a huge flood in June 3, 2016 which wiped me out of business.
My business model is to create concrete blocks, pavement bricks and roofing tiles from plastic and sand using the plastic wastes collected from my business collaborators.
Collaborators are motivated with some amounts of monies, house hold items and educational materials for their wards as a form of compensation to keep our relationship.

Loan Proposal

This loan disbursement will help me get to the target I have set for myself and business first and foremost. As I make some profit from this loan, I will make a part payment for a tricycle which is commonly used for waste transport to dumping sites by most organizations here in Ghana. I will also expand the storage center where I keep plastic waste (inventory) since the where I am currently is still a flood prone area. Expanding here means that I look for another outlet in a different location where plastic waste is very common but difficult to manage.

Income Source

In this season of coranavirus, things are a bit slow but business such as sanitation and waste management still runs since it is considered as essential services through out the world. During the partial lock-down here in my country, my kind of business was still allowed to run if only business operators will follow all the necessary protective protocols. This therefore means that waste management business will still run perfectly during this time, however, there might be delays but the ultimate progress wont be destructed.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$869.00

Date disbursed

Jun 27, 2020

Repayment status

Late

Projected term

16 months

Lenders

lietu

Tallinn, Estonia

B

Bpryse

Long beach, United States

Rdcmole

Cincinnati, United States

Kjartan

Oslo, Norway

D

darkpella

Correggio, Italy

Andreas Kiss

Vienna, Austria, Austria

W

WinWinNL

The Hague, Netherlands

markpearson

Portsmouth, United Kingdom

Michel Bavin

Antwerp Area, Belgium

S

Sven

Netherlands

Dave Bogard

New York, United States

Kristin Rhodes

Kansas City, Kansas, United States

AH

ajay hampapur

United States

Paul Smithson

Leeds, United Kingdom

L

Liam

New Zealand

Thereze Ovid

Brooklyn, New York, United States

Daniel Toke Hansen

Copenhagen, Denmark

LM

Lee Montecucco

Washington State, United States

sbdoc

Reno, United States

DY

David Yang

Vancouver, Canada

Brian Thomson

Lyndoch, South Australia, Australia

Nick Studenski

Minneapolis, United States

Ryan Agnew

Australia

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

AO

Ahmed Omar

Netherlands

We Not Me

St. Paul, Minnesota, United States

Ryan

Germany

C

Carol

Bayswater, WA, Australia

United States

R

RM

Australia

KM

Karen Marshall

Alice Springs, Australia

D

Dave

Canada

T

Tanvir

United States

MV

Michael Vereb

United States

N

NickN

United States

United States

E

Eva

Montreal, Canada

EP

Evan Peters

United States

S

Sophie

United States

ET

Eleanor Taig

United Kingdom

DB

Darren Boyd

United States

Girolamo Marroccoli

Basel, Switzerland

D

David

United States

LT

Lisa Taylor

California, United States

H

hayeswmiller

United States

E

EllisWMiller

United States

K

Karen

United States

KC

Karen Case

United States

JL

Julia Loose

United States

J

John

United States

G

gretel

United States

C

Cyril

Belgium

Francesca

Scotch Plains - New Jersey, United States

Anke Baltussen

Utrecht, Netherlands

CL

Chris Lee

United States

Laura Loos

Hilversum, Netherlands

AE

Asher Enciso

United States

Leo Luk

Hong Kong, Hong Kong

The Krugers

NY NY, United States

Sayuri

United Kingdom

Utahna

United States

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Summary

Amount repaid

$126.24

Amount remaining

$743.68

Expected completion

Nov 19, 2021

Status

Repaying late

Installment amount

$67.02

Repayment History

Expected Payments Actual Payments
Jul 10, 2020 $0.00
Jul 17, 2020 $0.00
Jul 24, 2020 $1.86 Jul 24, 2020 $1.86
Jul 31, 2020 $1.86 Jul 24, 2020 $1.86
Aug 7, 2020 $1.86 Jul 24, 2020 $1.86
Aug 14, 2020 $1.86 Aug 12, 2020 $1.86
Aug 21, 2020 $1.86 Aug 23, 2020 $1.86
Aug 28, 2020 $0.00
Sep 4, 2020 $1.86 Aug 30, 2020 $1.86
Sep 11, 2020 $1.86 Sep 12, 2020 $1.86
Sep 18, 2020 $1.86 Sep 20, 2020 $1.86
Sep 25, 2020 $0.00
Oct 2, 2020 $0.00
Oct 9, 2020 $0.00
Oct 16, 2020 $1.86 Oct 16, 2020 $1.86
Oct 23, 2020 $1.86 Oct 25, 2020 $1.86
Oct 30, 2020 $1.86 Nov 10, 2020 $1.86
Nov 6, 2020 $1.86 Nov 10, 2020 $1.86
Nov 13, 2020 $0.00
Nov 20, 2020 $0.00
Nov 27, 2020 $1.86 Dec 29, 2020 $1.86
Dec 4, 2020 $1.86 Dec 29, 2020 $1.86
Dec 11, 2020 $1.86 Dec 29, 2020 $1.86
Dec 18, 2020 $1.86 Dec 29, 2020 $1.86
Dec 25, 2020 $1.86 Dec 29, 2020 $1.86
Jan 1, 2021 $0.00
Jan 8, 2021 $3.71 Jan 29, 2021 $3.71
Jan 15, 2021 $0.00
Jan 22, 2021 $0.00
Jan 29, 2021 $10.58 Feb 3, 2021 $10.58
Feb 5, 2021 $5.57 Feb 23, 2021 $3.71
Mar 8, 2021 $1.86
Feb 12, 2021 $0.00
Feb 19, 2021 $0.00
Feb 26, 2021 $0.00
Mar 5, 2021 $2.78 Mar 26, 2021 $2.78
Mar 12, 2021 $0.00
Mar 19, 2021 $0.00
Mar 26, 2021 $10.40 Mar 28, 2021 $3.71
Mar 30, 2021 $6.68
Apr 2, 2021 $10.40 May 8, 2021 $10.40
Apr 9, 2021 $10.40 May 8, 2021 $10.40
Apr 16, 2021 $10.40 May 8, 2021 $7.05
Jun 26, 2021 $3.34
Apr 23, 2021 $10.40 Jun 26, 2021 $0.37
Aug 4, 2021 $10.02
Apr 30, 2021 $67.02 Aug 4, 2021 $0.37
Aug 8, 2021 $10.40
Oct 6, 2021 $9.28
May 7, 2021 $10.40
May 14, 2021 $10.40
May 21, 2021 $10.40
May 28, 2021 $10.40
Jun 4, 2021 $10.40
Jun 11, 2021 $10.40
Jun 18, 2021 $10.40
Jun 25, 2021 $10.40
Jul 2, 2021 $10.40
Jul 9, 2021 $10.40
Jul 16, 2021 $10.40
Jul 23, 2021 $10.40
Jul 30, 2021 $67.02
Aug 6, 2021 $10.77
Aug 13, 2021 $10.77
Aug 20, 2021 $10.77
Aug 27, 2021 $10.77
Sep 3, 2021 $10.77
Sep 10, 2021 $67.02
Sep 17, 2021 $67.02
Sep 24, 2021 $67.02
Oct 1, 2021 $11.14
Oct 8, 2021 $11.14
Oct 15, 2021 $11.14
Oct 22, 2021 $11.14
Oct 29, 2021 $11.14
Nov 5, 2021 $67.02
Nov 12, 2021 $67.02
Nov 19, 2021 $60.33

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