To buy a new motorcycle

Akorli Lorlornyo

Asuboe, Ghana

100% repaid

Entrepreneur

Name

Akorli Lorlornyo

Member since

September 2020

On-time repayments

17 installments  •  59%

About Me

Lorlornyo Akorli is my name.I come from Ho which is the Regional capital of Volta.My parents are farmers. They produced crops such as maize, cassava,yam, groundnuts and others.I belong to a family of eight children.I am the third born of my parents.I completed Senior high but I couldn't continue my education because of financial constraints on the part of my parents.In order to get my daily bread in order to look after myself and parents,I learned how to ride motorcycle which is very lucrative.

My Business

I have been employed by someone to carry people from one place to another with a motorcycle which is populary known as Okada in my country.This business is very lucrative which is helping me to get money to cater for my family.

Loan Proposal

I will like to use the loan to buy a brand new Motorcycle.I will add some money which I have save to the money which I will receive to buy a motor so that I can also be a master of myself by owing a motor.

Income Source

Most businesses are allowed to operate without restrictions due to the Covid-19 virus.As people continue to travel everyday, they always need my services.I carry them to wherever they go for a fees.In this case as I continue to operate I will always save money to pay for the loan without failing to pay.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$230.20

Date disbursed

Oct 11, 2020

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $15.70

Credit risk payment: $12.53

Optional expediting fee: $15.70

Lenders

C

cyrilleberger

Gammalkil, Sweden

juliemartha

Lake Mary, United States

TO

Thomas O'Neil

United States

Paul Buchheit

Mountain View, United States

Chris

Fairfax County Virginia, United States

WV

Wouter van Buizen

Amsterdam, Netherlands

J

John

United States

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