To buy a new motorcycle

Akorli

Asuboe, Ghana

3% repaid

Entrepreneur

Name

Akorli

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 new Motorcycle for my transport business. I am into Okada business which is very lucrative but I am working for somebody. I think if I buy my own motorcycle I will be able to get more money to take care of my family.The amount for the new motor will cost Gh¢5400.00 cedis.

Income Source

The rate of spread of the virus has reduced drastically.People always go about their normal duties without restrictions. I also do work without restrictions.As such I can save money to pay for the loan amount.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$313.00

Date disbursed

Dec 5, 2020

Repayment status

Late

Projected term

2 months

Lenders

CN

Craig Newmark

United States

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