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.
When i receive my loan, i will still use it as part payment for the new Engine and Gearbox, and the Back axle equipment i wanted to purchase to replace my malfunctioning one. This time the good news i received from the seller is that when i am able to pay at least 50% of the total amount which is ghs 10.000, they will give me the Engine and the Gearbox to start with, then later between 75-90% payment then the remaining Back axle would be given out. I trust zidisha and its lenders because ones they have promise to help entrepreneurs like us my dream will come to pass.
Even though my own is malfunctioning but i am not permanently grounded. Transport business especially when is getting to the end of the year many people do travel and make a lot of rounds for their businesses so there is no way passengers will not patronize a vehicle. This season is very good when it comes to transport business, also because i don't want to put all my eggs into one basket i am fully engage as a driver in the NGO industry so at the end of the month i receive salary, i can use some to settle my loan, repayment of the loan will not be a problem. I am very careful with zidisha because it has rescued me when i needed help so i will make sure i do the needful all the time so that others can also get opportunity.
Dec 14, 2020
Cost to entrepreneur
Service fee: $6.96
Credit risk payment: $7.60