Project Financing

Gabriel

Accra, Ghana

100% repaid

Entrepreneur

Name

Gabriel

Member since

October 2014

On-time repayments

64 installments  •  58%

About Me

Help lenders understand your business or the source of income that will be used to repay the loan. You should explain:

What goods or services do you provide?
Why are these goods or services useful or in demand?
Why did you choose this kind of business?
What are your typical costs and revenue?
How do you use the profits - school for your children, reinvestment in growing the business, home improvements, or other?

My Business

Help lenders understand your business or the source of income that will be used to repay the loan. You should explain:

What goods or services do you provide?
Why are these goods or services useful or in demand?
Why did you choose this kind of business?
What are your typical costs and revenue?
How do you use the profits - school for your children, reinvestment in growing the business, home improvements, or other?

Loan Proposal

I need this money to help finance my project. I am beginning the chapter 1 and 2 which involves research. I will need the money to pay for Internet and do my research comfortably. I will need future loans next semester to enable me to purchase components for the project. I will indeed repay my loan on time. Thank you all for the support you are giving me, it truly is appreciated. Thanks again.

Show original English  

About Me

Help lenders understand your business or the source of income that will be used to repay the loan. You should explain:

What goods or services do you provide?
Why are these goods or services useful or in demand?
Why did you choose this kind of business?
What are your typical costs and revenue?
How do you use the profits - school for your children, reinvestment in growing the business, home improvements, or other?

My Business

Help lenders understand your business or the source of income that will be used to repay the loan. You should explain:

What goods or services do you provide?
Why are these goods or services useful or in demand?
Why did you choose this kind of business?
What are your typical costs and revenue?
How do you use the profits - school for your children, reinvestment in growing the business, home improvements, or other?

Loan Proposal

I need this money to help finance my project. I am beginning the chapter 1 and 2 which involves research. I will need the money to pay for Internet and do my research comfortably. I will need future loans next semester to enable me purchase components for the project.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Oct 30, 2014

Repayment status

On Time

Projected term

6 weeks

Lenders

Frank Termathe

Frankfurt Main, Germany

Ask Gabriel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Taylor Hanna    Jan 23, 2015

    Dear Lenders,

    I was fortunate to get to visit Gabriel this past week at his home in Abeka.

    Gabriel has been curious about electronics since he was very young, explaining, “When I see an electronic thing, I want to see the brain behind it.” And in this way, he “destroyed a lot of [his] father’s electronics.” But rather than being angry with his son’s affinity for taking things apart, Gabriel’s father was encouraging and supportive of his inquisitive nature.

    Now in his final year at Ghana Technology University College, Gabriel studies Telecom Engineering and works part time repairing computers to support himself. In their last year, students must complete a final project in addition to their classwork. Gabriel focused his project on a problem that he saw throughout his university career: underequipped facilities in school.

    University education is valued highly in Ghana, but Gabriel explains that the funding and facilities of education institutions often cannot match the demand. And students can become frustrated with overcrowded classrooms and competition for resources - Gabriel has seen many of his classmates skipping class altogether. So his project seeks to incorporate facial recognition and rfid technologies to encourage class attendance and participation.

    Zidisha loans have allowed him to fund his project on time without worrying about sacrificing valuable class time to work extra hours. His first loan funded a research questionnaire while the second allowed him to order parts. They hadn’t arrived by the time of my visit, but I hope to go back again to get to see the project in action!

    When he graduates, Gabriel hopes to be able to improve upon his final project and produce it at scale, offering it to schools across the country. In addition, he would like to start his own company installing fiber optic cables.

    Gabriel is very grateful for the opportunities afforded to him by Zidisha lenders and I’m very excited to see his final project and what he accomplishes after graduation!

    Taylor Hanna
    Ghana Ambassador
    Zidisha

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  • Sashaw    Dec 29, 2014

    Gabriel,

    My name is Sam from California. I hope all the best with your project. Look forward to keeping in touch.

    Sam

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