Transportation business

Bonnaventure Osei

Accra, Ghana

100% repaid

Entrepreneur

Name

Bonnaventure Osei

Member since

June 2020

On-time repayments

46 installments  •  63%

About Me

Honest and Hard Working
Started life from humble beginnings and by the grace of God, I have been able to rise through Secondary and Tertiary education.
Started my transport business about two years ago and with an abled mechanic as an assistant, I have been able to sail through the diverse challenges.
It's my hope that with further assistance, I can get far and impart on my society and generation.

My Business

Am into the transport business. I have an abled mechanic as an overseer that manages the vehicle and drivers. He as well ensures the vehicle is always motorable and business has so far been good.

Loan Proposal

The loan will be used to continue the scheduled maintenance routine of my commercial transport vehicles.
Challenges which could not be attended to as a result of limited funds would be attended to which will ensure the continuous smooth operations of the vehicles. The resultant profit will follow as revenue is increased.

Income Source

The commercial transportation business is still booming despite the impact of covid. The pandemic being a new normal is gradually having less impact on the operation of businesses. As such the patronage of public transport is on the high since a greater percentage of the populace has no personal vehicles to use.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$292.94

Date disbursed

Sep 6, 2020

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $19.88

Credit risk payment: $19.88

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