Loan to spray my taxi

David

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

David

Member since

June 2014

On-time repayments

65 installments • 43%

About Me

My Story
I a m Amponsah David Kwabena, A 28 year old married man, I am the second born of my late father. I come from Dormaa Ahenkro in the brong Ahafo region of Ghana My father left us seven years ago and since then i have been the bread winner of the nuclear family. I offered Bachelor of Science in Physics at Kwame Nkrumah University of Science and Technology in Ghana .However I teach Physics at Methodist senior High School and Technical School. To be able to help my unemployed mother and family I am into a part-time taxi business .the business is making a lot of profit and there is the need to maintain and expand it

My Business

Business
In 2013, I bought a Car and converted to a taxi to run a taxi service after I close from school. I started by conveying people from rounding villages to the nearest town, Berekum I normally starts at 3:00pm and close around 11:00pm though I people wake me up to convey then to hospital in the night since there is no ambulance in the community . It serves as the ambulance for the community.
However due to bad road and need to move fast in times of emergencies my shocks absorbers, wind screen, and engine are weak and there is the need to replace them immediately. I need an amount of $2500 to maintain the taxi in other to continue the services I am delivering to my neighbors
How I repay the loan.
I earn some profit from the taxi business and also earn from the teaching profession. So I can generate the money and pay.

Loan Proposal

My taxi business have been so beneficial to my family and community at large . however I was involved in an accident whiles I was working and I was admitted at the hospital. From the small saving I made I have been able to bring the taxi back on the road but will need some amount to complete the decoration and spraying of the taxi to make it attractive . I however request for another loan to enable me continue with the good services I am rendering to my community