To invest in my transport business

Cab

Accra, Ghana

29% repaid

Entrepreneur

Name

Cab

Member since

August 2016

On-time repayments

153 installments  •  85%

About Me

About Me
Cab Yeboah is my name. I am thirty-five (35) years old. My parents are Mr. Kwabena Yeboah and Madam Grace Mensah are into cocoa and food crops farming and petty trading.
I started school at age six (6) in a village called Gomoah in the central Region of the republic of Ghana, where I completed my basic school. In my tender age, my interest was in repairs and maintenance of faulty machines. After, my basic school, I entered into Accra Technical Training Institute (ATTC), where I studied Auto mechanical. Currently, I am a trained auto electrician with a work shop, training six (6) young men and also operating two taxi cars as a transport business.

My Business

I work as a trained auto electrician and also providing transport services to school children in my community and the nearby communities. Apart from school children, I also provided transport services to all persons in and around the area. For the school children, their parent pay small fee at the end of each month for my services. It’s my future plan that I can own and operate bigger vehicles to operate an effective transport system.

Loan Proposal

The area I operate my taxi business is fast developing, and the number of school going children keeps increasing, and with the beginning of new academic year in this September, there is high demand of my taxi services. I now have more children to pick to and from school. Parents are happy with my quality services and also affordable fees I am charging. In these regard I want to purchase spare parts for maintenance.
1. Purchase of vehicle spare parts and engine oil $ 800
2. Workmanship of the maintenance and spraying @ 250
3. Additional six tyres (spare) @ 230
In all I need a total of $ 1280 to be able to carry my next project

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,047.00

Date disbursed

Sep 10, 2018

Repayment status

Late

Projected term

11 months

Lenders

Paul Buchheit

Mountain View, United States

Ask Cab a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...