Purchase of electrical parts

Wadawe

Kintampo-brong Ahafo Rigion, Ghana

100% repaid

Entrepreneur

Name

Wadawe

Member since

May 2015

On-time repayments

303 installments  •  63%

About Me

My name is wilberforce kofi wadawe.i am single and a member of a family of six. I lost my parent at a very tender age in which i struggle to make ends meet. Through scholarship,i completed senior secondary school and proceeded to koforidua college of education of which i came out to become a teacher at a rural community call Kunsu near Kintampo. I was not able to continue to the university because of money. When i was in the secondary school,i got government scholarship so i was able save USD100 which i use to start my electrical shop business in order to support my family.i also want to support my brothers son who want to become a doctor in the future. I like reading and soccer.

My Business

I am into the sale of electrical appliences. The business is situated at kintampo in the Brong Ahafo region of Ghana. I choose this business because of high demand for electrical parts.i. USD100 to set up the business. The iyerms are in a container.the business is very lucrative with 0.5% risk level of some parts not been purchase ontime but any amount invested in it shall not be at loss. My only challenge is that i have very limited working capital therefore should i get any fund as support, i believe in the next 2 years my business will grow from strength to strength. Now because of the support I received from you I am now at university studying Bsc Information Technology. I pray you continue helping me so that I will be able to graduate.

Loan Proposal

I want the loan to buy enough goods to start a new branch in a new by village which is to be connected to the national grid. I have being visiting the village for the past one month with some of my goods and I have realised that there is a higher demand of the electrical parts because there is no electrical shop there. I have now plan to establish a branch there immediately I receive this loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jan 8, 2016

Repayment status

On Time

Projected term

4 months

Lenders

investor

Candiac, Canada

A

andyfletcher

I want my "My loans" page back, Qatar

B

blahblah

Nuernberg, Germany

D

Divergent

Bethesda, United States

ads68

Melbourne, Australia

sarna

Toronto, Canada

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

dlpringle

Denver, United States

Matching Fund

Sterling, United States

B

benlenarts

Netherlands

B

bugdaniel

Switzerland

mepster

San Francisco, Ca, United States

J

jsbisa

New Orleans, Louisiana, United States

KM

Kirsty M

United Kingdom

MW

Matt Willis

United States

W

Wade

United States

Z

zaroastra

somewhere over the rainbow, Portugal

FJ

Flo Jo

United States

WG

Waqar Ghani

United States

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  • Grace    Jul 31, 2021

    He is still saying you should give him time to pay

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  • Grace    Jun 30, 2021

    He said we should give him time to start paying

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  • Alfred    May 30, 2021

    Dear Lenders,
    I couldn't reach Wadawe nor any of his references.
    Will keep trying to reach them

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  • Abdulai    May 28, 2021

    I called him but I didn't reach him

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  • Wadawe    May 5, 2021

    I'm down financially.

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  • Wadawe    May 5, 2021

    After payment of my school fees I'm down with financial issues. Will increase my payment soon after I'm settled.

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  • Wadawe    May 5, 2021

    Just finished paying school fees so needs some time to build my monetary system.

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  • Yusuf    Apr 24, 2021

    I am trying to reach him to make repayment.

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  • Yusuf    Apr 17, 2021

    I called him again and told him to do repayment

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  • Yusuf    Apr 14, 2021

    I have talked to him to make repayment or adjust his repayment schedule.

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  • Wadawe    Mar 29, 2021

    I dont have enough money now.

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  • Yusuf    Mar 13, 2021

    He said his business is slowing down but he is trying to keep on with his repayment plan

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  • Wadawe    Mar 2, 2021

    I will increase it later

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  • Wadawe    Feb 2, 2021

    I'm still managing the shop.

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  • Wadawe    Jan 21, 2021

    Due to the school fees I just paid I'm short of money.

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  • David    Jan 21, 2021

    He was founding it difficult to hear me so i used my own phone and he told me he will start repayment

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  • Wadawe    Dec 31, 2020

    I will adjust later

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  • Christian    Dec 3, 2020

    I just spoke with Kofi, he promised to resume payment this week

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  • Wadawe    Nov 17, 2020

    I am still raising funds to build up the shop after the bad sales for the past year.

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  • Wadawe    Oct 11, 2020

    I'm still putting things in order. The business is running slow so after I sought things out I will increase my amount.

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