Opoku
Santasi-kumasi, Ghana
100% repaid
Name
Opoku
Member since
September 2016
On-time repayments
122 installments • 19%
Opoku Godfred is my name. I am 34years of age. A recent graduate of the Presbyterian University College in Sunyani,Ghana. I studied Bsc. Mathematics with Statistics.
The town i had my university education that is Sunyani..
Whiles in school, i had the opportunity to visit most of these villages by forms of outreach programmes to teach and impact the young ones the importance of Mathematics in education and life as a whole.
Upon my visit, i realised the main occupation of people there are farming and livestock. And even with that its very difficult for thier produce to be bought since road networks to the villages are very poor and bad in condition. This has then made their produce lie waste and rot after harvest. Their livestock also tend to grow old and later they consume it themselves.
I then made it a promise to help them sell thier produce and livestock whiles in school buy gathering money from friends and going to these villages with a small truck to buy and convey the livestock and produce back to the town markets for sale.
I first gathered 150cedis = $45 from friends.
I rented the truck for 50cedis=$15 for a day, bought livestock and farm produce with the extra 100cedis=$30 from them.
I later brought the goods to the town market and sold all and made a profit of 50cedis=$15 from the sale.
I repayed all the monies to took from friends and had about 20cedis=$6.3 for myself
This brought many smiles and happiness to their lives because the money the recieved made them enroll their children school and also have some money on them for upkeep of their farms and homes.
I then continued this activity once or twice every month depending on my schedule in school. I sometimes breaked even with me benefiting nothing but i was so excited anytime i get to the villages and see them with smiles of me coming to give them hope.
With the help of this loan, i will be able to purchase a brand new Tricycle at the price of $1000 = GHS 4000. I will personally top up GHS800 =$200 to the loan of GHS 3200 = $800 to support and buy the brand new tricycle.
This tricycle will be a good support to the farmers since they always have to pay for transporting their produce to the central market at an extra cost. The tricycle when bought will also be another form of revenue to the villagers by working during days they will not be transporting goods at other nearby villages which will also support in repayment of the vehicle.
A day's work of the tricycle will generate approximately 40 GHS = $10 which will work for 4 days and the 2 days in the week will be used by the villagers to transport their produce to the market to sell. The income generated will also be used to fuel the tricycle for the villagers so that transportation becomes a zero cost to them hence increasing their income from sales to enhance the livelihood of themselves and their family. One of the farmers has been able to finance his daughter to the High School through the help of Zidisha.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Sep 13, 2016
Repayment status
On Time
Projected term
5 months
Other loans
Amount repaid
$20.07
Amount remaining
$0.00
Date repaid
Mar 14, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 21, 2016 | $0.51 | Sep 24, 2016 | $0.51 |
Sep 28, 2016 | $0.00 | ||
Oct 5, 2016 | $0.26 | Oct 6, 2016 | $0.26 |
Oct 12, 2016 | $0.26 | Oct 6, 2016 | $0.26 |
Oct 19, 2016 | $0.26 | Oct 18, 2016 | $0.26 |
Oct 26, 2016 | $0.26 | Oct 18, 2016 | $0.26 |
Nov 2, 2016 | $0.26 | Nov 8, 2016 | $0.26 |
Nov 9, 2016 | $0.26 | Nov 8, 2016 | $0.26 |
Nov 16, 2016 | $0.26 | Nov 21, 2016 | $0.26 |
Nov 23, 2016 | $0.26 | Nov 21, 2016 | $0.26 |
Nov 30, 2016 | $0.26 | Dec 6, 2016 | $0.26 |
Dec 7, 2016 | $0.26 | Dec 6, 2016 | $0.26 |
Dec 14, 2016 | $0.26 | Dec 20, 2016 | $0.26 |
Dec 21, 2016 | $0.26 | Dec 20, 2016 | $0.26 |
Dec 28, 2016 | $0.26 | Jan 3, 2017 | $0.26 |
Jan 4, 2017 | $0.26 | Jan 3, 2017 | $0.26 |
Jan 11, 2017 | $0.26 | Jan 17, 2017 | $0.26 |
Jan 18, 2017 | $0.26 | Jan 17, 2017 | $0.26 |
Jan 25, 2017 | $0.26 | Feb 1, 2017 | $0.26 |
Feb 1, 2017 | $0.26 | Feb 1, 2017 | $0.26 |
Feb 8, 2017 | $0.26 | Feb 15, 2017 | $0.26 |
Feb 15, 2017 | $0.26 | Feb 15, 2017 | $0.26 |
Feb 22, 2017 | $0.00 | ||
Mar 1, 2017 | $6.43 | Mar 6, 2017 | $6.43 |
Mar 8, 2017 | $7.98 | Mar 12, 2017 | $2.57 |
Mar 14, 2017 | $5.40 |
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