Loan to repair my motor bike

Richard

Abesim, Ghana

100% repaid

Entrepreneur

Name

Richard

Member since

June 2016

On-time repayments

19 installments  •  21%

About Me

I was raised in rural area at Abesim in a middle income family, that practiced tea farming. After i completed my high school studies i came to Sunyani where i secured a job in a cloth Manufacturing factory as a machine operator.
I used to be paid 150 GHS a month, which is very little money in Ghana.
So i decided to quit this job and start a business of my own to meet my daily needs.
I am married and i have two kids whom i desire to give good and education.

My Business

My business is of boda boda business, where i ferry people from one estate to another within Nairobi town. It is a nice business because the population within Nairobi is very high and most people like to use motobikes because it is convenient and faster, as well as cheap as compared to other means of transport.
I bought a second hand motobike and i want to raise more money so as to buy a new motobike which is easy to maintain.
I make approximately 50 GHS profit each week with which i pay my rent, and pay school fees for my children.

Loan Proposal

Please kindly help me raise a loan to be able to repair my motor bike . I want to replace my faulted tyres, and buy new engine. This will enable me work with my motor bike to raise money to help my family as well as repaying to zidisha. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Sep 15, 2016

Repayment status

On Time

Projected term

4 months

Lenders

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Summary

Amount repaid

$4.12

Amount remaining

$0.00

Date repaid

Jan 10, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 23, 2016 $0.26 Oct 8, 2016 $0.26
Sep 30, 2016 $0.26 Nov 6, 2016 $0.26
Oct 7, 2016 $0.26 Nov 6, 2016 $0.26
Oct 14, 2016 $0.26 Nov 6, 2016 $0.26
Oct 21, 2016 $0.26 Nov 6, 2016 $0.26
Oct 28, 2016 $0.26 Dec 8, 2016 $0.26
Nov 4, 2016 $0.26 Dec 8, 2016 $0.26
Nov 11, 2016 $0.26 Dec 8, 2016 $0.26
Nov 18, 2016 $0.26 Dec 8, 2016 $0.26
Nov 25, 2016 $0.26 Dec 8, 2016 $0.26
Dec 2, 2016 $0.26 Jan 10, 2017 $0.26
Dec 9, 2016 $0.26 Jan 10, 2017 $0.26
Dec 16, 2016 $0.26 Jan 10, 2017 $0.26
Dec 23, 2016 $0.26 Jan 10, 2017 $0.26
Dec 30, 2016 $0.26 Jan 10, 2017 $0.26
Jan 6, 2017 $0.26 Jan 10, 2017 $0.26

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