Raw materials for making blocks to build homes

Francis Agyei

Berekum, Ghana

11% repaid

Entrepreneur

Name

Francis Agyei

Member since

June 2015

On-time repayments

93 installments  •  62%

About Me

Francis Agyei is my name, thirty one (31) years old. I was born and raised in Berekum in the Brong Ahafo Region of Ghana. I am a married man with 3 children, 2 boys and a girl whose age is 14years, 11 years and 7 years respectively. I am dark in complexion and about 4.5 feet tall. I was able to complete my Senior High School Education before I ventured into blocks manufacturing which is currently my present occupation. The food I cherish most is fufu and palm nut soup with fish which is one of our favorite local foods here and the game I like to play and watch most is soccer and volley ball. I like listening to reggae music’s. I love to share the little that I have with anyone I meet in my way and always open to advice from anyone.

My Business

Concrete Blocks Manufacturer
I am an expert in the manufacturing of concrete blocks. I have been into this business for the past five years, by God’s grace and hard work I am able to establish my own concrete blocks factory. It was not an easy thing for me at the start but I manage to obtained a loan at one of our local banks named Opportunity International Saving and Loan LTD. I was able to use this loan to purchase 20 bags of cement, 2 trip of sand and a manual block moulding machine to begin work. Business has been going on successfully since then because people keep on building houses and many of these people prefer using concrete blocks for their buildings instead. I believe in quality of work and therefore produce quality blocks to my customers. I have no problem so far as the selling of blocks is concern because people are always at my disposal to buy it. I am blessed with 5 apprentices and 4 full workers who are working and learning as well. In fact this business has been a source of income for me and I have been using profit from my work to cater for my family and other people as well.

Loan repayment.
I will be able to pay my loan without any hesitation because; I am able to raised profit from the blocks I manufacture. The profit I earn is able to pay my loan for every week. I promise to pay every week without any delay because I understand the terms and condition of the loan perfectly.

Loan Proposal

If I am considered and granted this loan, I am going to use it to buy 500 bags of cement for my concrete blocks manufacturing. I am also going to use part of the loan to buy 5 trips of sand. Currently I have been assigned to make blocks for the building of a story building. The first floor is already build and I am to make block for the second and third floor. I produce quality blocks and people are always at my shop to buy blocks to build their houses. I use some of my profit to pay for children school fees and pay the workers who are with me. I therefore plead with the entire Lenders to come to my aid to help my blocks manufacturing factory stand outstanding among the others. Thank you very much for funding my loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,178.10

Date disbursed

May 18, 2016

Repayment status

Late

Projected term

65 months

Cost to entrepreneur

Service fee: $27.85

Lenders

Z

zedoud

Hamburg, Germany

Laparo

Dusseldorf, Germany

utdream

United States

JonasL

Stockholm, Sweden

M

mbarbier

United States

PG

Paul Graham

United States

N

Nick

United States

Akirahugo

Dortmund, Germany

M

Marzl

Germany

R

Rahima

United States

Anonymous

Ocoee, United States

MS

Mike Sutherland

United Kingdom

M

Magnus

Switzerland

roark22

Geneva, Switzerland

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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