To buy spare parts for my motor bicycle

Jonathan Dzato

Lolobi, Ghana

100% repaid

Entrepreneur

Name

Jonathan Dzato

Location

Lolobi, Ghana

On-time repayments

12 weekly installments  •  67%

About Me

My name is Jonathan Dzato.I am 21 years old.I come from Hohoe. I had my secondary education in Hohoe E.P Senior high. I have the ambition to continue my education to university if I can get help from somebody.I have five siblings and I am the third born.My parents are no more alive so I have been taking care of myself in school. I am into ginger farming and also okada.These are what helped me to complete my education.

My Business

My main occupation is riding of Okada.That is using motor bicycle as a means of transport to carry people from one place to another.This is what is helping me to cater for myself and my siblings.I also engaged myself in cultivation of ginger during the rainy season.

Loan Proposal

I will like to use the loan to buy spare parts for my motor bicycle.I will like to buy 2 tyres for my motor, each costing 50 cedis. I will also used the loan to buy a new battery which is 70 cedis.

Income Source

Aside the motor business I have also been cultivating ginger, with that I can sell and use the money to pay for the loan in case I am able to operate the business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.67

Date disbursed

Feb 15, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $0.47

Credit risk payment: $1.42

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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