Raising a platform and a tank for my water supply project
Edmond
Berekum, Ghana
62% repaid
Entrepreneur
Name
Edmond
Member since
March 2015
On-time repayments
126 installments • 23%
About Me
I am Gyaase Edmond. I am 20 years of age. I am in a family of three. The family comprises of my mother, my younger sister and myself. Someone may ask where is your father? , sorry to tell you that I loss my father when I was in my junior high school.
I began my basic education at AKAB Complex School but did not complete my junior high there because it is a private school and because I have loss my father, I have to continue at Berekum Demonstration junior high school, which is a government school so that I can afford the fees. After completing, I continued at Berekum Presbyterian senior high school. Which I completed in 2013. I am now still at home working to raise money to continue my tertiary education.
I started my work that is water supply, in 2013 after my senior high school with a capital of about 700 dollars.
My Business
I started my water supply project in the year 2013 with a starting capital of about 700 dollars. The money was given to me by my late father's brother to start a business so that I will be able to start a business and raise money for my tertiary education. I used the money to mount a platform on which I will place a tank on it and use it to supply the community with water. I started this business simple because I saw that, the community in which we are living in lack treated water because we were drinking water from the steams and lakes.
I negotiated with Ghana water company to come and fill my tank so that I will sell it to the community. At the beginning, it was difficult for me pay for the water, so we went into agreement that they will come for their money after the sales of each water supplied.
We the community saw that the water is preventing them from the diseases they were getting at first, they became very happy which made the demand to increase.
The work was becoming difficult for me alone to operate so I employed one person to help me so I go to work today he will go to work tomorrow and vice versa. Today I have been able to mount another water supply project in the community making it two and have also employ another two assistance to help.
I look forward to expand my water supply project to the whole community and either communities. I estimate about 3500 for my expansion work.
REPAYMENT
I will be able to repay any loan offered me from the profit from sale of the water.
Loan Proposal
I have started raising two platforms in my community to add it to the old one that i was having. I will need about 40 bags of cements which one cost 10 dollars and about 1 full trip of sand and it cost 205 dollars. This project will help the people in my community to get good drinking water and be free from water borne diseases. I will employ an additional two assistance who will help me to sell my water. I will be able to repay any amount offered me from the profit i get from the sales of the water.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$394.00
Date disbursed
Aug 6, 2015
Repayment status
Late
Projected term
24 months
Other loans
Lenders
Taiwan
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$236.25
Amount remaining
$146.00
Expected completion
Aug 27, 2017
Status
Repaying late
Installment amount
$15.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $32.50 | Aug 16, 2015 | $32.50 |
| Aug 23, 2015 | $32.50 | Aug 23, 2015 | $32.50 |
| Aug 30, 2015 | $25.00 | Aug 30, 2015 | $25.00 |
| Sep 6, 2015 | $25.00 | Sep 6, 2015 | $25.00 |
| Sep 13, 2015 | $25.00 | Sep 13, 2015 | $25.00 |
| Sep 20, 2015 | $25.00 | Sep 25, 2015 | $25.00 |
| Sep 27, 2015 | $25.00 | Sep 27, 2015 | $25.00 |
| Oct 4, 2015 | $15.00 | Oct 4, 2015 | $15.00 |
| Oct 11, 2015 | $15.00 | Oct 11, 2015 | $15.00 |
| Oct 18, 2015 | $15.00 | Oct 21, 2015 | $7.50 |
| Oct 28, 2015 | $7.50 | ||
| Oct 25, 2015 | $15.00 | Nov 8, 2015 | $1.25 |
| Nov 1, 2015 | $7.50 | ||
| Nov 8, 2015 | $7.50 | ||
| Nov 15, 2015 | $1.25 | ||
| Nov 22, 2015 | $1.25 | ||
| Nov 29, 2015 | $1.25 | ||
| Dec 6, 2015 | $1.25 | ||
| Dec 13, 2015 | $1.25 | ||
| Dec 20, 2015 | $1.25 | ||
| Dec 27, 2015 | $1.25 | ||
| Jan 3, 2016 | $1.25 | ||
| Jan 10, 2016 | $1.25 | ||
| Jan 17, 2016 | $1.25 | ||
| Jan 24, 2016 | $1.25 | ||
| Jan 31, 2016 | $1.25 | ||
| Feb 7, 2016 | $1.25 | ||
| Feb 14, 2016 | $1.25 | ||
| Feb 21, 2016 | $1.25 | ||
| Feb 28, 2016 | $1.25 | ||
| Mar 6, 2016 | $1.25 | ||
| Mar 13, 2016 | $1.25 | ||
| Mar 20, 2016 | $1.25 | ||
| Mar 27, 2016 | $1.25 | ||
| Apr 3, 2016 | $1.25 | ||
| Apr 10, 2016 | $1.25 | ||
| Apr 17, 2016 | $1.25 | ||
| Apr 24, 2016 | $1.25 | ||
| May 1, 2016 | $1.25 | ||
| May 8, 2016 | $1.25 | ||
| May 15, 2016 | $1.25 | ||
| May 22, 2016 | $1.25 | ||
| May 29, 2016 | $1.25 | ||
| Jun 5, 2016 | $1.25 | ||
| Jun 12, 2016 | $1.25 | ||
| Jun 19, 2016 | $1.25 | ||
| Jun 26, 2016 | $1.25 | ||
| Jul 3, 2016 | $1.25 | ||
| Jul 10, 2016 | $1.25 | ||
| Jul 17, 2016 | $1.25 | ||
| Jul 24, 2016 | $1.25 | ||
| Jul 31, 2016 | $1.25 | ||
| Aug 7, 2016 | $1.25 | ||
| Aug 14, 2016 | $1.25 | ||
| Aug 21, 2016 | $1.25 | ||
| Aug 28, 2016 | $1.25 | ||
| Sep 4, 2016 | $1.25 | ||
| Sep 11, 2016 | $1.25 | ||
| Sep 18, 2016 | $1.25 | ||
| Sep 25, 2016 | $1.25 | ||
| Oct 2, 2016 | $1.25 | ||
| Oct 9, 2016 | $1.25 | ||
| Oct 16, 2016 | $1.25 | ||
| Oct 23, 2016 | $1.25 | ||
| Oct 30, 2016 | $1.25 | ||
| Nov 6, 2016 | $1.25 | ||
| Nov 13, 2016 | $1.25 | ||
| Nov 20, 2016 | $1.25 | ||
| Nov 27, 2016 | $1.25 | ||
| Dec 4, 2016 | $1.25 | ||
| Dec 11, 2016 | $1.25 | ||
| Dec 18, 2016 | $1.25 | ||
| Dec 25, 2016 | $1.25 | ||
| Jan 1, 2017 | $1.25 | ||
| Jan 8, 2017 | $1.25 | ||
| Jan 15, 2017 | $1.25 | ||
| Jan 22, 2017 | $1.25 | ||
| Jan 29, 2017 | $1.25 | ||
| Feb 5, 2017 | $1.25 | ||
| Feb 12, 2017 | $1.25 | ||
| Feb 19, 2017 | $1.25 | ||
| Feb 26, 2017 | $1.25 | ||
| Mar 5, 2017 | $1.25 | ||
| Mar 12, 2017 | $1.25 | ||
| Mar 19, 2017 | $1.25 | ||
| Mar 26, 2017 | $1.25 | ||
| Apr 2, 2017 | $1.25 | ||
| Apr 9, 2017 | $1.25 | ||
| Apr 16, 2017 | $1.25 | ||
| Apr 23, 2017 | $1.25 | ||
| Apr 30, 2017 | $1.25 | ||
| May 7, 2017 | $1.25 | ||
| May 14, 2017 | $1.25 | ||
| May 21, 2017 | $1.25 | ||
| May 28, 2017 | $1.25 | ||
| Jun 4, 2017 | $1.25 | ||
| Jun 11, 2017 | $1.25 | ||
| Jun 18, 2017 | $1.25 | ||
| Jun 25, 2017 | $1.25 | ||
| Jul 2, 2017 | $1.25 | ||
| Jul 9, 2017 | $1.25 | ||
| Jul 16, 2017 | $1.25 | ||
| Jul 23, 2017 | $1.25 | ||
| Jul 30, 2017 | $1.25 | ||
| Aug 6, 2017 | $1.25 | ||
| Aug 13, 2017 | $1.25 | ||
| Aug 20, 2017 | $1.25 | ||
| Aug 27, 2017 | $1.00 | ||
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