Private transport business

Martin

Accra, Ghana

100% repaid

Entrepreneur

Name

Martin

Member since

August 2020

On-time repayments

77 installments  •  82%

About Me

My name is Martin Asante and I am 43 years old. I live in Ghana with my wife and children, i belong to a Christian family of four, two men and two women, and i am the last born. I completed senior secondary school and decided to face life early and never be poor in life. I am currently working with the Johns Hopkins University center for communications program as an NGO project driver, I don't want to put my eggs inside one basket so i decided to do a personal transport business because NGO work is not permanent at times it ends whiles there is no job vacancy so i decided to do private transport business attached so that i can be in employment all the time. Transport business in Ghana is very lucrative that is why i have passion in it so that i can take care of my children education and give them a better future.

My Business

I do private transport business in Ghana, co- operate people love to patronize it because of comfort, and privacy as compare to the commercial type of transport. There is high demand for it especially when there are activities in town through that i make money and make profit. I used some of my profit to put my vehicle in good working condition so that it can be working all the time and also save some. Recently the Engine became weak and the gearbox and the back axle were malfunctioning so all effort to get a loan to fix it became futile so i started checking on the internet whether i can get an online loan before i got in touch with zidisha.I believe with the assurance and condition zidisha has put in place with prompt or timely repayment of my loans my business will reach far. I have chain of businesses in mind, eg expanding my wife's provision store, Mobile Money business and selling scratch cards as well. I believe doing business with zidisha my dream will come true, i also thank the management, Directors and Lenders all over the world for extending a helping hands to help the less privilege people like me.

Loan Proposal

Currently I am using Hyundai i10 for my transport business but the Engine and the gearbox need replacement due to malfundtioning, the back axle too needs replacement even though I am managing it, I want it to function efficiently and effectively so that customers can be comfotable.

Income Source

Now covid 19 restrictions has been eased in Ghana so transport business is now moving and people are now patronising transport business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$13.00

Date disbursed

Oct 13, 2020

Repayment status

On Time

Projected term

3 weeks

Lenders

Paul Buchheit

Mountain View, United States

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  • Martin    Jun 1, 2022

    Dear Lenders,
    I am most grateful for your continuous support towards building the zidisha family. As stated on my application I will use the funding to buy shocks,stabilizer and also ro do general maintenance on my vehicle I am using to do private business.
    This funding will help me to put my vehicle in a good working condition and make my movements very easy and simple.
    Thank you very much for making my project possible.

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  • Martin    May 30, 2022

    Dear Lenders,
    Infact the loan I received from zidisha has been a blessing to me and my family because it has helped me to connect my house with electricity. Zidisha loans are flexible to pay,thank you soo much. I am very happy I have such a wonderful family to rely on.

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  • Martin    May 25, 2022

    Dear Lenders, I couldn't make payment this week due to a circumstances beyond my control, I have only ghs 183 to complete my loan repayment, I will do that on the 30th May 2022.
    Thank you for your continuous support, I am very greateful.

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  • Martin    Apr 18, 2022

    Dear Lenders,
    Is been a while I furnished you with update due to circumstances beyond my control.
    The funding I received from zidisha has help me to connect electricity to my house, the light has made life convenient for me because I don't struggle with darkness anymore.
    Thank you Lenders and zidisha team as well. I am very greateful for that.

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  • Martin    Mar 26, 2022

    Please I know I have defaulted in my payment of the loan, I am working seriously on this issue so I can clear the balance on time.

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  • Martin    Mar 26, 2022

    Please I know I have defaulted in payment of my loan, I am working seriously to clear the balance.

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  • Martin    Mar 16, 2022

    I am currently facing health issues regarding my wife because of that hospital and medication is is the cause of my inability to repay back my loan,I am seriously working towards paying it off so that others can also benefit.
    Thank you for your patience.

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  • Martin    Mar 11, 2022

    Dear Lenders,
    Circumstances beyond my control has made me to default in my loan repayment. My wife is sick all this while even the time I join zidisha, I was managing the situation and paying my loan every week this time medication is taking every thing from my hands, it is unfortunate on my side but I will settle everything in no time. Thank you.

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  • Martin    Feb 23, 2022

    I have defaulted in paying my loan balance because initially i said my car has broken down so i am working on it, oh my God my wife health issue has set in every week i am buying medicine,
    Please be lenient with me i will settle the balance in no time.

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  • Martin    Feb 13, 2022

    Dear Lenders, please my mechanic will soon be done with my vehicle and I will start business. It is unfortunate I have defaulted but I am promising that before my expected date I have cleared all balance I am owing.
    Thank you.

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  • Martin    Jan 30, 2022

    The car I am using to do my private business has developed a mechanical problem and my mechanic is working to resolve the problem, so I wanted to adjust my weekly repayment to 63 cedis.
    Thank you.

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  • Martin    Jan 30, 2022

    The private vehicle I am using to do business has developed a mechanical problem and my mechanic is still working on it that is why my weekly repayment has delayed.

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  • Martin    Jan 17, 2022

    Good morning Lenders,
    I hope everyone is doing well.
    I am posting this message to inform you that my vehicle I am using to do my private business that is anabling me to raise funds to repay my loan has developed a mechanical problem that is why I am not able to do the repayments, my mechanic is working on it so that I can get back to work but if by the end of January the problem is not solve I will use my salary to settle the arrears I am owing.
    Thank you very much.

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  • Martin    Dec 21, 2021

    Dear Lenders,
    its unfortunate that i could not do my weekly payment because i was not feeling well and could neither go to work nor even look at my phone. By the grace of God i am getting better now so i was able to pay all that i could not pay the previous weeks
    This loan that i received has help me a lot, because i was struggling to connect my house with electricity so the loan i received from zidisha has enable me to get a stable electricity connection to my house.
    It has also help my children to get constant light to do their home work, i have fridge to store food, in fact my environment has been illuminated,i no longer lives in darkness.
    Thanks so much to my able lenders,my supporters,Zidisha team for supporting me when i needed help.

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  • Martin    Dec 12, 2021

    Dear Lenders,
    I hope you are all doing well?.
    I was unable to do payment last week because I was indisposed and was admitted at the hospital because of that all efforts to do my payment became impossible, I was weak and speechless and couldn't do anything.
    Lenders if you look at my track record anything like this has never happened before but in this case who am I, I tried my best but i think hospital is the best place to solve it once for all.
    Now that I have been discharged from the hospital, I will do the payment together with the current one before this week will end.
    Lenders if this will disqualified me in my next proposal kindly bear with me.
    Thank you so much for your patience.

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  • Martin    Nov 23, 2021

    Dear Lenders,
    I hope you're all doing well.
    This is an update just to inform you that I have paid in part of my loan balance.

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  • Martin    Nov 13, 2021

    Dear Lenders,
    This is just to info you that last week I made a payment to my account to clear some of my loan balance.
    Thanks.

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  • Martin    Nov 2, 2021

    Good morning Lenders,
    Another week has come and I have fulfilled all righteousness by paying in the amount I am suppose to pay every week.
    I made a point in my earlier comments that when the engineer fix the meter I will take a picture and post it on to the platform. The meter has been fix finally.
    Work is still in progress, because he has started fixing some areas with bulbs, which I will also take a picture and show you when that is also done.
    Work has started at the fuse box area so that if there is an electrical problem the fuse can go off.
    I am very happy for the support given me by all of you because now my family can watch TV, do their home work, they can store food in the refrigerator, they can iron their dress to school.
    Zidisha has really changed my life and has taken some stress from me. As you have supported me,may you also be supported as well.
    Thank you very much.

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  • Martin    Oct 25, 2021

    Dear Lenders,
    I just paid in part of my loan installment today.
    Work is in progress as the electrian is still working to make sure there's illumination in my house.
    The meter is still not been installed yet because the engineer incharge has still not finish his work. I will take a picture and post it once is installed.
    Thank you soo much for your support. I am grateful.

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