Equipment for installing electricity in homes
Wadawe
Kintampo-brong Ahafo Rigion, Ghana
36% repaid
Entrepreneur
Name
Wadawe
Member since
May 2015
On-time repayments
303 installments • 63%
About Me
My name is wilberforce kofi wadawe.i am single and a member of a family of six. I lost my parent at a very tender age in which i struggle to make ends meet. Through scholarship,i completed senior secondary school and proceeded to koforidua college of education of which i came out to become a teacher at a rural community call Kunsu near Kintampo. I was not able to continue to the university because of money. When i was in the secondary school,i got government scholarship so i was able save USD100 which i use to start my electrical shop business in order to support my family.i also want to support my brothers son who want to become a doctor in the future. I like reading and soccer.
My Business
I am into the sale of electrical appliences. The business is situated at kintampo in the Brong Ahafo region of Ghana. I choose this business because of high demand for electrical parts.i. USD100 to set up the business. The iyerms are in a container.the business is very lucrative with 0.5% risk level of some parts not been purchase ontime but any amount invested in it shall not be at loss. My only challenge is that i have very limited working capital therefore should i get any fund as support, i believe in the next 2 years my business will grow from strength to strength. Now because of the support I received from you I am now at university studying Bsc Information Technology. I pray you continue helping me so that I will be able to graduate.
Loan Proposal
I will buy electrical gadgets like fan, iron, wires,extension boards,electrical sockets which will cost me about 500dollars.
If I am able to get all this my profit will increase about 50%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$695.00
Date disbursed
Mar 9, 2018
Repayment status
Late
Projected term
37 months
Other loans
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United States
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