Name
Theophilus
Member since
April 2017
On-time repayments
37 installments • 65%
My name is Theophilus Asante Akosah,i am the last born of my parents and the fourth of my siblings.We all lived together as one family,Both my siblings and i attended the same school until my parents were transfer ed to the eastern region of Ghana where my elder brother and my sister who is after him were left behind in the Ashant i region to continue their education.
In the eastern region life was palatable for us so we use to sell mangoes and other stuff before we could pay some of our school debt in order to assist our parents.
But now i run a transpor t service and i got involve d when i worked as a supervise r for a miner with whom i was able to gather some funds to acquire the vehicle i am now operating
My area is full of peace, loving and kind people,i have two babies and i love watching football.
A transpor t operation is the services i render to people ,Icarry people and items from one distanc e to another. the service is importan t because in our part of the world many people don't have cars,so we carry them and their goods when the need arises.
Transport business a kind of business i have expressed interest in since i was a little boy,I love it and have passion for it.It cost me about 25000 cedis to acquire a used vehicle.I make 100 ghs on a good day.
Profit made used for the maintenanc e of the the transpor t, some to keep the home and also save part of it..
I apply for this loan to enable me to purchase spare parts to replace a broken part of my vehicle,
The most important things or items to replace now is the car battery, the clutch plate to help the car work efficiently,by so doing ,the car can carry people to and fro to their respective destination.
This repairs will cost about 260 dollars and if i should break it down,the car battery will cost 86.95 dollars and the clutch plate will also cost 130.43 dollars and i will pay a workmanship of 43.47 dollars and after that i can run my transportation business properly and earn some income.the profit i earn varies from the day to day activity but hoping to get a profit 11 dollars daily.
thanks and counting on your support.
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Project Type
Classic Loan
Disbursed amount
$259.00
Date disbursed
Oct 5, 2017
Repayment status
On Time
Projected term
5 months
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