Name
Ernest
Member since
August 2015
On-time repayments
224 installments • 81%
I am Ernest Berko Mensah from Mampong Kofiase in Ashanti region. I have completed Sunyani Polytechnic University. My parents are Mr. And Mrs. Oppong Mensah. Currently, I am living at Kumasi Tafo. I like doing things the way other people do it but I have always wanted, myself, to be different from other people. I like reading books such as investment, motivational and human relation books.
The money from a previous loan helped me to buy more equipment for my consulting firm. I advise people on how to establish their own businesses. Most people find it difficult in our country to operate businesses by themselves. Through your loans, you gave me the ability to help about twenty five people who have gotten their own businesses now. (I also used some of the loan to pay my brothers' school fees.) Besides that, I am also working on motorcycle spare parts. I was able buy 3 new ones. My profits have increased by 40%. Thank you for that loan.
After getting this fund am going to buy additional motorcycle parts which will cost five hundred cedis and will also buy old or used motorcycle, repairs them and sell it back to new customers. The cost of buy two used motorcycle will be six hundred cedis. I will use one hundred as the cost of repairing parts.
I am Ernest Berko Mensah from Mampong Kofiase in Ashanti region.
i have complete sunyani polytechnic. My parents are Mr. And Mrs Oppong Mensah. Currently am leaving at Kumasi Tafo. I like doing things the way people do it but always wanted my to be different from other people. I like reading books such as investment, motivational and human relation books
I will expend the motorcycle business of which I am going to buy additional ones. I will buy new motorcycle parts because the people in area need it more. Aside that there are a lot peoples motorcycle which has destroy and it needs to be repairs and replacement. Our company has been the best for them. Notwithstanding there has been improvement in the business for the past four years. I believe if you grant me this amount am looking for the business will move in a fast growth.
After getting this fund am going to buy additional motorcycle parts which will cost five hundred cedis and will also buy old or used motorcycle, repairs them and sell it back to new customers. The cost of buy two used motorcycle will be six hundred cedis. I will use one hundred as the cost of repairing parts.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$312.00
Date disbursed
Oct 3, 2016
Repayment status
On Time
Projected term
3 months
Other loans
United States
Prokopievsk, Russia
United States
Russia
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Amount repaid
$311.21
Amount remaining
$0.00
Date repaid
Jan 4, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 14, 2016 | $23.92 | Oct 14, 2016 | $23.92 |
Oct 21, 2016 | $23.92 | Oct 14, 2016 | $1.80 |
Oct 21, 2016 | $22.12 | ||
Oct 28, 2016 | $23.92 | Oct 21, 2016 | $3.60 |
Oct 28, 2016 | $20.32 | ||
Nov 4, 2016 | $23.92 | Oct 28, 2016 | $5.40 |
Nov 4, 2016 | $18.52 | ||
Nov 11, 2016 | $23.92 | Nov 4, 2016 | $7.20 |
Nov 11, 2016 | $16.72 | ||
Nov 18, 2016 | $23.92 | Nov 11, 2016 | $9.00 |
Nov 18, 2016 | $14.92 | ||
Nov 25, 2016 | $23.92 | Nov 18, 2016 | $10.80 |
Nov 25, 2016 | $13.12 | ||
Dec 2, 2016 | $23.92 | Nov 25, 2016 | $12.60 |
Dec 2, 2016 | $11.32 | ||
Dec 9, 2016 | $14.40 | Dec 2, 2016 | $14.40 |
Dec 16, 2016 | $25.72 | Dec 9, 2016 | $25.72 |
Dec 23, 2016 | $25.72 | Dec 28, 2016 | $25.72 |
Dec 30, 2016 | $25.72 | Dec 30, 2016 | $25.72 |
Jan 6, 2017 | $28.29 | Jan 4, 2017 | $28.29 |
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