77 installments • 82%
My name is Martin Asante and I am 43 years old. I live in Ghana with my wife and children, i belong to a Christian family of four, two men and two women, and i am the last born. I completed senior secondary school and decided to face life early and never be poor in life. I am currently working with the Johns Hopkins University center for communications program as an NGO project driver, I don't want to put my eggs inside one basket so i decided to do a personal transport business because NGO work is not permanent at times it ends whiles there is no job vacancy so i decided to do private transport business attached so that i can be in employment all the time. Transport business in Ghana is very lucrative that is why i have passion in it so that i can take care of my children education and give them a better future.
I do private transport business in Ghana, co- operate people love to patronize it because of comfort, and privacy as compare to the commercial type of transport. There is high demand for it especially when there are activities in town through that i make money and make profit. I used some of my profit to put my vehicle in good working condition so that it can be working all the time and also save some. Recently the Engine became weak and the gearbox and the back axle were malfunctioning so all effort to get a loan to fix it became futile so i started checking on the internet whether i can get an online loan before i got in touch with zidisha.I believe with the assurance and condition zidisha has put in place with prompt or timely repayment of my loans my business will reach far. I have chain of businesses in mind, eg expanding my wife's provision store, Mobile Money business and selling scratch cards as well. I believe doing business with zidisha my dream will come true, i also thank the management, Directors and Lenders all over the world for extending a helping hands to help the less privilege people like me.
In my previous loan proposals I started that I wanted to buy engine and gearbox to replace my multinational one. This time I was able to buy the engine and the gearbox through the loan I received from zidisha and I top it up with my salary from my NGO work.This time I will use it to buy the back axle and use some to do servicing of the car
Now that the car is back on the road transport business is lucrative in Ghana especially the uber business so I will get the weekly repayments and also I work with the NGO, I earn monthly salary, I can still get money from that direction as well to settle the loan.
Feb 3, 2021
Cost to entrepreneur
Service fee: $4.43
Credit risk payment: $14.18