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

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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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Summary

Amount repaid

$146.50

Amount remaining

$0.00

Date repaid

May 22, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 17, 2016 $5.00 Jan 17, 2016 $5.00
Jan 24, 2016 $5.00 Jan 24, 2016 $5.00
Jan 31, 2016 $5.00 Jan 31, 2016 $5.00
Feb 7, 2016 $5.00 Feb 7, 2016 $5.00
Feb 14, 2016 $2.50 Feb 19, 2016 $2.50
Feb 21, 2016 $2.50 Feb 28, 2016 $2.50
Feb 28, 2016 $2.50 Feb 28, 2016 $2.50
Mar 6, 2016 $2.50 Mar 6, 2016 $2.50
Mar 13, 2016 $2.50 Mar 13, 2016 $2.50
Mar 20, 2016 $2.50 Mar 20, 2016 $2.50
Mar 27, 2016 $2.50 Mar 30, 2016 $2.50
Apr 3, 2016 $2.50 Apr 3, 2016 $2.50
Apr 10, 2016 $2.50 Apr 24, 2016 $2.50
Apr 17, 2016 $2.50 Apr 24, 2016 $2.50
Apr 24, 2016 $2.50 Apr 24, 2016 $2.50
May 1, 2016 $2.50 May 1, 2016 $2.50
May 8, 2016 $25.00 May 8, 2016 $25.00
May 15, 2016 $25.00 May 15, 2016 $25.00
May 22, 2016 $46.50 May 22, 2016 $46.50

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