A loan to buy a secondhand truck tyre for my old truck

Kwasi

Enyinam, Ghana

96% repaid

Follow Kwasi

How it Works

Entrepreneur

Name

Kwasi

Member since

November 2016

On-time repayments

156 installments • 46%

About Me

My Name is Kwasi Kyere from Enyinam. and later went to a driving school to undertake a six months driving test and exams. I did this because i love to drive big trucks.

Most times my daddy gets crazy all in a quite way to show much attention and focus on furthering my education after investing so much into my education.

My Business

After the test and after successfully obtaining my drivers license i join Newmont Gold mines(New Abirem site) as a casual worker for only six months contract. Over there i really learnt a lot , the environment and working condition over there was fantastic.

Before i had know, the six month contract had ended and i immediately contacted my father to release his 25 years old tipper truck for me to use . Base on the driving experience i gather from newmont gold mines(New Abirem site) it has indeed help me to manage my business till today.

when i was handed over the truck i work from 7am to 4pm each day supplying sand and gravels to other building sites for a fee, I charge moderate price per each trip.
I charge 120 Gghs for sand and 250 Ghs for stones per trip.

Base on these earnings i retained some earnings . But these pretty old truck s at times poses much maintenance problems . the oil base leaks everyday and it also sucks too much engine oil, at most times the monies i earned a day is used to buy 10 liters oil a day

I have future plans of buying a second hand tipper truck and this will come to light if the condition of my truck is maintained and used properly

I need some funds to replace my back Tyre . It has been worn out completely and needs a replacement following serious work i have been using the machine for.

Loan Proposal

Maintaining the working efficiency of my truck is my utmost priority. it has recently been observed that the truck back Tyre is flatten and could no longer be repaired or torn beyond repairs This has really occasion the it.

Besides the weight of each trip of sand collected and also from around the environment is choked of gravel stones which normally affects the tryes and the absorbents as well. It is quite thou a bit challenging but how can i what i do.