158 installments • 75%
I write to respectfully apply for a loan to assist me finance the tuition and related cost of study of my two junior sisters who are pursuing their Senior High School education. Both of them are pursuing a study in General Arts at Islamic Senior High School-Kumasi and are in their first year. This has been necessitated by the fact that I have been handed the responsibility of taking care of their educational both parents of ours are smallholder farmers and are aged and hence are not able to generate enough money from the farming activities to support expenses. I am responsible for the funding of the educational expenses of my siblings, who are four (4) in number.
The main source of my income is from salary I receive from my employers. This implies that the principal source of repayment for this loan would be from proceeds from my salary. My salary basically finances my living expenses, the educational expenses of my siblings and a savings towards a postgraduate study.
I write to apply for loan amount of GHS2,799 to support the tuition and other related cost of my two sisters who are in their final year in high school. They are sitting for the West African Senior School Certificate Examination which started on April 1 2018. A final payment for their tuition fees is due for the period of April 16 to June 15 2018. Both are pursuing a course in General Arts. This will aid in their studies and propel them to achieve their dreams of becoming a Lawyer and a Development Economist. This will ultimately let to them assisting with the development of Ghana and the globe as a whole.
May 10, 2018
Cost to entrepreneur
Service fee: $17.47
Credit risk payment: $70.02