Kpelle Guba Muhaimin
11 installments • 91%
I am Guba Kpelle Muhaimin from Hohoe in the Volta region of Ghana and I'm 21 year old. Have been catering for my self since I got to high school and my parent became incapable of taking care of me because my Dad who has been single parenting me lost his job.
I searched for a job and thank God I got one, a shop attendant. I worked for a sometime to accumulate money for my school and from this job that I used to pay for my fees and to purchase my books.
In the community I come from they frown upon people who haven't really been able to attain education at least to the Senior High School no matter the reasons you give and this has been my motivation that has fueled my ability to assist myself in education.
I currently do not run a business of my own. I work as part time whiles in school at a club distributor depot.
The more reason I am after this loan is to ease the pressure on the money I get from the depot as it is not always enough to support my university education fully.
When I get this loan I shall use 50 dollars equivalent to 161 cedis to purchase my books and equipment for class. This will aid in my performance in class as it is a great worry for me. The remaining money I will use to pay for transportation as it is far from home to the university campus. And also use it to purchase some food too for my upkeep.
I will be repaying the loan gradually through the money I make from working at the depot.
School is about to resume soon and all I can think of how to pay my tuition for my University education. When I get my loan funded, first thin that I'm going to do is to take care of my tuition at once without wasting time. I am going to use 80% of the money to cater for this and use the rest to take care of the books I will be needing for the next semester.
Jan 12, 2015
Cost to entrepreneur
Lender interest: $106.33 at 3.60% annual rate over 4 months = $1.46
Service fee: $0.89