Application of funds to expand my pendrive sales business
Romeo
Kumasi, Ghana
85% repaid
Entrepreneur
Name
Romeo
Member since
April 2015
On-time repayments
131 installments • 60%
About Me
hi my name Romeo. Am from a family of six. Am a free lancer online, likes online marketing and belief it is the next big and safest way to do business online. Completed University for development studies with a bachelor of computer science degeree. Exploring and investing business plans is what i often do but usually limited because of financial constrict. My dream is to become an importer of electronic gadgets and a wholesaler of such gadgets and possibly host a website from which they can be purchase and delivered at the door step of my customers.
My Business
I started freelancing early 2014 and i must say it is lucrative and interesting with the right tools and procedures. Plannining is essential if you wanna succeed. Quest net and helping hands are those two direct sale business am involved in and its been great so far.
Loan Proposal
I intend to use the funds acquired when funded to expand my pendrive sales business for now. Due to financial constrints i am unable to purchase high storage capacities (8GB, 16GB and 32GB) for sales, so often do purchase lower capacities (2GB and 4GB) which often do run out of stock because am unable to purchase large quantities. On acquisition of funds 85$=317.9ghc will be used to purchase 8GB storage capacities which my supplier sells to me at 14ghc=almost 3.75$ and the remaining 15$ will be used to expand my stock purchase of 2GB and 4GB capacities.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 1, 2015
Repayment status
Late
Projected term
30 months
Lenders
Osaka, Japan
Summary
Amount repaid
$83.75
Amount remaining
$15.25
Expected completion
Nov 5, 2017
Status
Repaying late
Installment amount
$0.50
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 10, 2015 | $2.50 | May 9, 2015 | $2.50 |
| May 17, 2015 | $2.50 | May 30, 2015 | $2.50 |
| May 24, 2015 | $2.50 | May 30, 2015 | $2.50 |
| May 31, 2015 | $2.50 | May 30, 2015 | $2.50 |
| Jun 7, 2015 | $2.50 | Jul 6, 2015 | $2.25 |
| Jul 15, 2015 | $0.25 | ||
| Jun 14, 2015 | $2.50 | Jul 15, 2015 | $2.50 |
| Jun 21, 2015 | $2.50 | Jul 15, 2015 | $2.50 |
| Jun 28, 2015 | $2.50 | Jul 15, 2015 | $2.50 |
| Jul 5, 2015 | $2.50 | Jul 15, 2015 | $2.50 |
| Jul 12, 2015 | $2.50 | Jul 15, 2015 | $2.50 |
| Jul 19, 2015 | $2.25 | Jul 15, 2015 | $2.25 |
| Jul 26, 2015 | $0.00 | ||
| Aug 2, 2015 | $0.00 | ||
| Aug 9, 2015 | $0.00 | ||
| Aug 16, 2015 | $0.00 | ||
| Aug 23, 2015 | $1.25 | Aug 28, 2015 | $1.25 |
| Aug 30, 2015 | $1.25 | Aug 28, 2015 | $1.25 |
| Sep 6, 2015 | $1.25 | Aug 28, 2015 | $1.25 |
| Sep 13, 2015 | $1.25 | Aug 28, 2015 | $1.25 |
| Sep 20, 2015 | $1.25 | Aug 28, 2015 | $1.25 |
| Sep 27, 2015 | $1.25 | Aug 28, 2015 | $1.25 |
| Oct 4, 2015 | $1.25 | Oct 22, 2015 | $1.25 |
| Oct 11, 2015 | $1.25 | Oct 22, 2015 | $1.25 |
| Oct 18, 2015 | $1.25 | Oct 22, 2015 | $1.25 |
| Oct 25, 2015 | $1.25 | Oct 22, 2015 | $1.25 |
| Nov 1, 2015 | $1.25 | Oct 22, 2015 | $1.25 |
| Nov 8, 2015 | $1.25 | Oct 22, 2015 | $1.25 |
| Nov 15, 2015 | $1.25 | Dec 3, 2015 | $1.25 |
| Nov 22, 2015 | $1.25 | Dec 3, 2015 | $1.25 |
| Nov 29, 2015 | $1.25 | Dec 3, 2015 | $1.25 |
| Dec 6, 2015 | $1.25 | Dec 21, 2015 | $1.25 |
| Dec 13, 2015 | $1.25 | Dec 21, 2015 | $1.25 |
| Dec 20, 2015 | $1.25 | Dec 21, 2015 | $1.25 |
| Dec 27, 2015 | $1.25 | Dec 21, 2015 | $1.25 |
| Jan 3, 2016 | $1.25 | Dec 21, 2015 | $1.25 |
| Jan 10, 2016 | $1.25 | Dec 21, 2015 | $1.25 |
| Jan 17, 2016 | $0.00 | ||
| Jan 24, 2016 | $0.00 | ||
| Jan 31, 2016 | $0.00 | ||
| Feb 7, 2016 | $0.00 | ||
| Feb 14, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Feb 21, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Feb 28, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Mar 6, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Mar 13, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Mar 20, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Mar 27, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Apr 3, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Apr 10, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Apr 17, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Apr 24, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| May 1, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| May 8, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| May 15, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| May 22, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| May 29, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Jun 5, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Jun 12, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Jun 19, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Jun 26, 2016 | $0.50 | Mar 17, 2016 | $0.50 |
| Jul 3, 2016 | $0.50 | Jul 9, 2016 | $0.50 |
| Jul 10, 2016 | $0.50 | Jul 30, 2016 | $0.50 |
| Jul 17, 2016 | $0.50 | Jul 30, 2016 | $0.50 |
| Jul 24, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Jul 31, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Aug 7, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Aug 14, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Aug 21, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Aug 28, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Sep 4, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Sep 11, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Sep 18, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Sep 25, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Oct 2, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Oct 9, 2016 | $0.50 | Aug 9, 2016 | $0.50 |
| Oct 16, 2016 | $0.50 | Aug 9, 2016 | $0.25 |
| Nov 5, 2016 | $0.25 | ||
| Oct 23, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Oct 30, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Nov 6, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Nov 13, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Nov 20, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Nov 27, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Dec 4, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Dec 11, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Dec 18, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Dec 25, 2016 | $0.50 | Nov 5, 2016 | $0.50 |
| Jan 1, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Jan 8, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Jan 15, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Jan 22, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Jan 29, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Feb 5, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Feb 12, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Feb 19, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Feb 26, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Mar 5, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Mar 12, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Mar 19, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Mar 26, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Apr 2, 2017 | $0.50 | Nov 5, 2016 | $0.50 |
| Apr 9, 2017 | $0.50 | Nov 5, 2016 | $0.25 |
| Apr 16, 2017 | $0.50 | ||
| Apr 23, 2017 | $0.50 | ||
| Apr 30, 2017 | $0.50 | ||
| May 7, 2017 | $0.50 | ||
| May 14, 2017 | $0.50 | ||
| May 21, 2017 | $0.50 | ||
| May 28, 2017 | $0.50 | ||
| Jun 4, 2017 | $0.50 | ||
| Jun 11, 2017 | $0.50 | ||
| Jun 18, 2017 | $0.50 | ||
| Jun 25, 2017 | $0.50 | ||
| Jul 2, 2017 | $0.50 | ||
| Jul 9, 2017 | $0.50 | ||
| Jul 16, 2017 | $0.50 | ||
| Jul 23, 2017 | $0.50 | ||
| Jul 30, 2017 | $0.50 | ||
| Aug 6, 2017 | $0.50 | ||
| Aug 13, 2017 | $0.50 | ||
| Aug 20, 2017 | $0.50 | ||
| Aug 27, 2017 | $0.50 | ||
| Sep 3, 2017 | $0.50 | ||
| Sep 10, 2017 | $0.50 | ||
| Sep 17, 2017 | $0.50 | ||
| Sep 24, 2017 | $0.50 | ||
| Oct 1, 2017 | $0.50 | ||
| Oct 8, 2017 | $0.50 | ||
| Oct 15, 2017 | $0.50 | ||
| Oct 22, 2017 | $0.50 | ||
| Oct 29, 2017 | $0.50 | ||
| Nov 5, 2017 | $0.50 | ||
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