PVC pipes for installing running water in homes

Mike

Techiman, Ghana

100% repaid

Entrepreneur

Name

Mike

Member since

September 2016

On-time repayments

232 installments  •  50%

About Me

My name is Mike Boateng from Techiman. Married with 3 boys. Self employed and other Union and Association works as well on the side. I live with my family in Techiman and also travel to Accra, Kumasi and other places to sell and to buy items as well.

My Business

Previously I was in water supply business, which was working for me, I thought, and then my pump started to give problems. I decided to leave that business for a new one introduced to me by a friend. I gave my premises out for rent and I used this rent money as my startup capital for this new business.

Loan Proposal

Previously people come to my place to connect water to their private homes and due to the cost involved, they go and never return except for a few.
I want to make extensions to many areas where the water can be accessible with less cost to the subscribers. With this I'm going to buy more pvc pipes for that extension so that I'll get more subscribers and more money will come in as profit.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$223.00

Date disbursed

Jun 12, 2017

Repayment status

On Time

Projected term

26 months

Lenders

V

Valis

Singapore, Singapore

F

flaguy999

Tampa, United States

RckyMntFamily

Colorado, United States

W

WinWinNL

The Hague, Netherlands

Arjan Geven

Vienna, Austria

PG

Paul Graham

United States

Carl D Patterson

United Kingdom

R

Rahima

United States

Dan Brinkman

Lynden, WA, United States

AR

Aaron Rowe

United Kingdom

J

James

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

David McLauchlan

Seattle, United States

Shane Bugeja

Mankato, Minnesota, United States

R

Ryan

Albuquerque, NM, United States

A

Anonymous

United States

JB

Jane Bean

United States

S

S

Canberra, Australia

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

F

freytsis

United States

Helen and Denis

Global citizens, United States

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  • Mike    Oct 1, 2021

    I really did not want this to happen to me at all. Schedule and rescheduled were not what I wanted. I am really trying very hard to finish my repayments so to enable me to get another for my business development. I have started tracking so to enable my repayments.

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  • Mike    Aug 9, 2021

    My business has really gone down this very season and I'm thinking of relocating so to help boost my sales. I'm very sorry for delaying repayment this way.

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  • Anthony    Jul 1, 2021

    Mike said business is very slow so he will need some time to repay pay the loan back

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  • Mike    Jun 29, 2021

    My business has really gone down this very season and I'm thinking of relocating so to help bost my sales. I'm very sorry for delaying repayment line this.

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  • Anthony    May 31, 2021

    Mike was on able to answer my call

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  • Mike    May 27, 2021

    It has never been my intention of late payment, the problem now is debtors are really paying but very slow in payment. It's very promising this coming week. I'll make payment and repayments on time.

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  • Collins    Apr 30, 2021

    Mike said business is down and I have advised him to adjust his installment payment plan

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  • Mike    Apr 23, 2021

    My sales have gone down, and customers are buying on credit, making repayment very hard for me. I really wanted to make it 10 weekly but the option line is not allowing me. I wish it could be so, so that weekly payment will be prompt.

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  • Mike    Apr 7, 2021

    My business is very slow and down, making my customers always taking on credit payments doesn't come as expected making my repayment also very slow. I will make my payments.

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  • Collins    Mar 26, 2021

    I called Mike and he said business was slow that was why and he will repay his loan soon

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  • Mike    Mar 11, 2021

    The business has gone down, and many of my customers are now buying from me on credit, that's why repayment has delayed.

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  • Collins    Mar 10, 2021

    I have tried calling Ebenezer and his reference, but no one is picking my calls,please try and adjust your instalment if you are facing difficulties

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  • Mike    Feb 21, 2021

    This has never been my idea for repayment. My business has gone really down these days. But with all that I can, that's why I'll do my best to increase my repayment.

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  • Frank    Feb 6, 2021

    Mike has promised to make payment of his loan

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  • Mike    Jan 24, 2021

    My business has gone so down and I really don't appreciate how my repayments are being made. I wish to make it the exact amount as things get a little better financially.

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  • Mike    Dec 2, 2020

    Sales have been very slow, I have much stock but the rate of buying has come down to so low. That's why my repayment is not on prompt.

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  • Frank    Nov 27, 2020

    I have been able to talk to Mike and he said he will talk to Mike to adjust his payment

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  • Mike    Oct 23, 2020

    Considering the state of my business at this time, I would like to reduce my repayment amount to the amount that I would be able to repay on time so for if the revenue increase a bit, I will make the payment higher than this to aid me to finish my repayments on time.
    Thank you.

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    • Frank    Nov 27, 2020

      Hello Mike, you couldn't answer my calls but once you have decided to adjust your payment plan to your satisfaction please do well to make payments. Wish you the best of business

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  • Frank    Oct 23, 2020

    I called Kassim who invited Mike and he has promise to inform him to make repayment

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  • Mike    Sep 7, 2020

    I had wanted to pay the full payments as I first started, sales have been very slow after I came back. This is the main reason why i would like to reduce the repayments for now and wish to restore to the real repayments.
    Thank you.

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