Renewing car insurance

Charles

Odumasi, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Charles

Member since

March 2021

On-time repayments

13 installments • 31%

About Me

My name is Charles Afriyie frlm Odumasi. I am married with four children. I schooled to Secondary education and couldn't continue because I travelled to UK in 2000 to work there but due to documentation I have to come back to Ghana and invest in some business to help me cater for the family. Right now I am focused in expanding my business and also help the needy by opening jobs for employment. My hometown is Bonwire in Ashanti Region and the place is noted for weaving of Kente cloth, a very expensive and beautiful cloth in Ghana. Back in school I was a fan of boxing but couldn't trained to become a professional boxer.

My Business

I am line of business is selling of second hand home used cars and delivery services. I sell all kinds of cars to the people in my community and also make delivery services to customers at their own cost. This business generates alot of income and profit so I decided to into this sector to raise funds to expand this business so i can employ more youth to eradicate poverty. I did have passion for cars so my decision to invest into cars started when I was a taxi driver back in UK. I love driving and expect individuals to own one too. my cars comes with cool price affordable to everyone to buy therefore alot of profit is gained. I save some of the profit and reinvest the rest into my business.

Loan Proposal

I am applying for this loan to help me renew my car insurance. It just expired recently and I have parked the car and using public transport. This normally affects my businesses movement as customers are normally delayed upon their requests for meetings. Taking this loan would help me to be proactive towards work and would serve my customers well.