An additional hair dryer to boost my hair dressing business
Cecilia
Amantin, Ghana
100% repaid
Entrepreneur
Name
Cecilia
Member since
February 2016
On-time repayments
81 installments • 56%
About Me
My name is Boatemah Cecilia a young lady of 37years. I am a native of Amantin in Brong Ahafo region (Ghana). My parents are Mr. and Mrs. Boateng. I am married to Mr. Kotoka Emmanuel and we had two children.
I started my basic school at St. Martin Roman Catholic school in Amantin. I continued to AMASS senior high school at Amantin for my S.H.S education. After I complete S.HS., my parents do not have money so I decide to learn a trade (Hair dressing). After completing learning the trade, I met Mr. Kotoka who married me later. My dream is to help my husband take good care of our children. My best food is rice with beans stew. My hobbies are swimming, playing with my husband and children and also watching movies.
My Business
I comensed this business after marrying Mr. Kotoka. It is my wish to take good care of my children. My hair dressing business only deals with women. This business has been of great help to me. It is the main source of income to the family. It has also helped me to cater for my two children. I manage to get $55 every week. I have three apprentices whom I am teaching the trade. It is my ambition to raise my profit margin by 80% in the next three months. The profit gain from this business will be invested into my children's education.
Loan Proposal
Dear lenders, I wish to apply for a loan of $100. If this loan is given to me, I will use it to purchase a new hair dryer for my salon. I have lot of customers who do their hair in salon. I need an additional hair dryer so that I attend to the many customers that come to my salon for hair beautification. The presence of only one hair dryer in my salon prevents most customers from coming to my salon to either dress, weave or style their hair. Dear lenders if I get this hair dryer, it will help increase my profit by 80%. So dear lenders help me. I promise to repay it on time. I will also accept and agree to any terms and conditions that will be given to me. Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 3, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
United States
Summary
Amount repaid
$104.93
Amount remaining
$0.26
Date repaid
Jul 30, 2016
Status
Fully repaid
Installment amount
$0.26
Next installment
Aug 7, 2016
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 13, 2016 | $5.25 | Mar 15, 2016 | $5.25 |
| Mar 20, 2016 | $5.25 | Mar 20, 2016 | $5.25 |
| Mar 27, 2016 | $5.25 | Mar 27, 2016 | $5.25 |
| Apr 3, 2016 | $5.25 | Apr 3, 2016 | $5.25 |
| Apr 10, 2016 | $5.25 | Apr 11, 2016 | $5.25 |
| Apr 17, 2016 | $5.25 | Apr 17, 2016 | $5.25 |
| Apr 24, 2016 | $5.25 | Apr 25, 2016 | $5.25 |
| May 1, 2016 | $5.25 | May 1, 2016 | $5.25 |
| May 8, 2016 | $5.25 | May 9, 2016 | $5.25 |
| May 15, 2016 | $5.25 | May 17, 2016 | $5.25 |
| May 22, 2016 | $5.25 | May 23, 2016 | $5.25 |
| May 29, 2016 | $5.25 | May 30, 2016 | $5.25 |
| Jun 5, 2016 | $5.25 | Jun 6, 2016 | $5.25 |
| Jun 12, 2016 | $5.25 | Jun 14, 2016 | $5.25 |
| Jun 19, 2016 | $5.25 | Jun 21, 2016 | $5.25 |
| Jun 26, 2016 | $5.25 | Jun 28, 2016 | $5.25 |
| Jul 3, 2016 | $5.25 | Jul 6, 2016 | $5.25 |
| Jul 10, 2016 | $5.25 | Jul 18, 2016 | $5.25 |
| Jul 17, 2016 | $5.25 | Jul 26, 2016 | $5.25 |
| Jul 24, 2016 | $0.00 | ||
| Jul 31, 2016 | $5.25 | Jul 30, 2016 | $5.25 |
| Aug 7, 2016 | $0.26 | ||
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