Michael
Central Region/ Kakumdo, Ghana
100% repaid
Name
Michael
Member since
July 2016
On-time repayments
35 installments • 57%
I am Michael Agyapong from Kakumdo in the central Region and I am twenty three years of age. I schooled at Kakumdo junior high school and proceeded to Cape Coast technical Institute where I studied auto mechanical engineering.
After school life was a though game so I started working as a commercial driver. I have been working in as a driver till now.
With the little amount I managed to save, I reached an agreement with my car owner and he accepted $1000 I saved and instructed me to pay the remaining on an installment.
I thing I like about my job is that no matter how bad business is I manage to get my daily sales.
Central Region is a region full of tourist sites and beautiful landmarks.
I want my future children to be prosperous.
I like football and swimming.
I drive passengers to their destination in exchange for money.
My business is in high patronage because the number of cars to people in the region is 1:120. So it's high in demand.
I chose this business because it is highly patronized.
My typical cost is $20 a day and I love it.
I save 50% of my salary which is $30 and the remaining for mentaince.
I intend to use my loan to buy spare parts for my car. Car business is the business which I have been into for years is very lucrative business. This business generates me an income of $20 a day. I promise to use my loan to buy spare parts and also fuel for my car.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
Aug 5, 2016
Repayment status
On Time
Projected term
6 weeks
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