Purchase van for my school

Adama

Techiman, Brong Ahafo Ghana, Ghana

100% repaid

Entrepreneur

Name

Adama

Member since

May 2017

On-time repayments

47 installments  •  60%

About Me

I grow up from a very low income family in a small village in the Asutifi North District - Obeng Krom near Kenyasi (Brong-Ahafo). I was always first in class, a very brilliant pupil, school prefect and team captain.
Life became very hard when I got admission to continue my tertiary education, no family support because they don't have. After every Semester, I have to work as laborer in some cocoa farm before I could pay for my school fees.
After my national service, I decided to do something from the savings I earned during my service and, by God's Grace, Currently I am running my own private school and a shop. In the future, I want to have more businesses in my community, my country and the world at large. Growing up from a low income family was a challenge, but am through to this level.
In the community where I live, we have a very fertile land for cultivating cash crops such cocoa, cashew among many other things and very large forest and water falls.

In future I wish my children stay in Ghana and if they have the opportunity travel abroad. I enjoy reading and playing soccer as my hobby.

My Business

My income sources have been from my private school and the shop. The school have a population of ninety two pipuls .It runs from kindergarten to elementary. The shop deals with general good specifically babies pampers among others. I wish to expand the shop from retail to wholesale.

Loan Proposal

I will use the loan buy new vehicle for my school which will cost 5954 Dollas .

This, if I get will help me increase pupils population by reaching out to those who are far in the small towns, and by so doing it will help increase education in the community, and my income level will also go up, and I can expand the school.

My profit will increase by 93.79%

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$121.00

Date disbursed

May 26, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

Craig Newmark

United States

CN

Craig Newmark

United States

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