To invest in my okada business

Adu Kofi

Ghana, Ghana

100% repaid

Entrepreneur

Name

Adu Kofi

Location

Ghana, Ghana

On-time repayments

5 weekly installments  •  80%

About Me

I am Adu Kofi with an age of 20 years. I am good okada driver who have been in this business for three good years. I am industrious boy who people appreciate to work with me. I have vision for this job that, in the near future, I can also drive my own okada. I am not tired of job though I am a single but hoping that very soon i will get into relationship to become a responsible father.

My Business

I am good okada driver who attend work six times a week. The okada is belong to one my friends' father. The okada job involves a lot problems like failing of engine other parts on the okada. The good of it also is the income I earn per day. Though is not all days which I enjoy good income yet is good job for to repay my loan on time. Every day my minimum income is around 30 Ghana cedis a day.

Loan Proposal

This loan will come to help me to get my own okada.
Now my owner has proposed to me that I should do it in the form of work and pay. So therefore if I am able to pay the price of the okada, I would be the owner of it. So this loan will help me to pay it on time moreover, I will be able to repair some piety piety faults which may occur.

Income Source

This pandemic has affected the economy as whole but my okada job is still moving because people always travel and they are always in need of okada.
So therefore I am hoping that I will be able to repay my loan and pay my owner's money for me to get my own okada to drive.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.47

Date disbursed

Jan 10, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $4.41

Credit risk payment: $11.64

Optional expediting fee: $8.97

Lenders

Paul Buchheit

Mountain View, United States

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