To buy spare parts for my motorcycle business
Nelson
Dambai, Ghana
100% repaid
Entrepreneur
Name
Nelson
Member since
October 2020
On-time repayments
15 installments • 27%
About Me
My name is Jato Nelson. I am 21 years old. I have completed Senior High School and passed successfully but due to financial constraints on part of my parents I'm not able to continue my education to tertiary level as expected but I have a wish of continuing my education to the tertiary.Due to the plans I have of completing my education,I have decided to engaged myself in motorcycle business.This is what is helping me to sustain myself.
My Business
In order to persue my dreams of continuing my education up to the tertiary level,I have decided to get myself a job which is helping me a lot.This is motorcycle business which is populary called Zemija in my community. It is carrying people from one place to another for a fees.This business is good which I know will help me to save money to continue my education.
Loan Proposal
I will use the loan to purchase spare parts for my motor business. I will also use some to buy engine oil and also change one tyres.
Income Source
The government of Ghana has put measures in place to control the spread of the virus.This has made the government to left band on movement to places like market.As people are allowed to travel and also go on with their normal businesses they will surely seek for my services and by so doing I will also get enough money to save and also pay my loan.Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$35.00
Date disbursed
Oct 10, 2020
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
Gammalkil, Sweden
Liminka, Finland
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