Books and plastic chairs for supplying shop
Edward
Accra, Ghana
100% repaid
Entrepreneur
Name
Edward
Member since
July 2015
On-time repayments
148 installments • 61%
About Me
My name is Edward Dodoo, l was born in 9th December,1989. l come from Denkyire in the Ga west district of Greater Accra Region. l started schooling at Tantua International School in Dansoman. From the year 1994 to 2002 and went for my Senior High School from 2003 to 2006 at Apostle Safo School of Arts and Sciences, in which l studied General Arts. After completion l offered a course at the IPMC school of technology and IT to study software engineering for two years. Afterwards l entered into business with my senior brother. My best hobbies and pastimes are football and music. I have played soccer teams like Peace Stars Football Club, Zai football Club in which l was the captain from the Under 14 to Under 17 sides. I later joined a Church football club.
My Business
l started doing business with my senior brother in book publishing and distribution, together we have been able to build up a group of suppliers which we supply our books to every year, normally from the month of September to December. Apart from this, we have also entered into supplies of goods such as plastic chairs,stationary for schools and others. But at the moment l have been give a department in order to start doing business on my own for which this loan is very important.
This loan will help to increase my purchases for the supplies. These supplies are in high demand. The stationary I want to buy will cost $95.00 and it will help me to supply more to my customers.
I will be making about 75% profit which I will reinvest into the business for growth.
Loan Proposal
I will use the loan to buy new printed books as the new season for supplying approaches and also l will buy a new set of plastic chairs for supply.The total amount is in $95.The profit l will get from the supplies will be add back to my savings account to increase my savings and also introduce new people l am planning to start up a new place for supplies in another region in my country.in terms of profit aspects I am expecting to have more than $100 and l know this profit will go along way to help me establish more and new places were l can be able to put alot of young and serious business minded youth into business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$82.00
Date disbursed
May 31, 2018
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Summary
Amount repaid
$82.93
Amount remaining
$0.00
Date repaid
Dec 11, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 10, 2018 | $16.59 | Jun 10, 2018 | $16.59 |
| Jun 17, 2018 | $2.24 | Jun 24, 2018 | $2.24 |
| Jun 24, 2018 | $2.24 | Jun 24, 2018 | $2.24 |
| Jul 1, 2018 | $2.24 | Jun 24, 2018 | $2.24 |
| Jul 8, 2018 | $2.24 | Jun 24, 2018 | $2.24 |
| Jul 15, 2018 | $2.24 | Jun 30, 2018 | $2.24 |
| Jul 22, 2018 | $2.24 | Jul 21, 2018 | $2.24 |
| Jul 29, 2018 | $2.24 | Jul 21, 2018 | $2.24 |
| Aug 5, 2018 | $2.24 | Aug 4, 2018 | $2.24 |
| Aug 12, 2018 | $2.24 | Aug 4, 2018 | $2.24 |
| Aug 19, 2018 | $2.24 | Aug 16, 2018 | $2.24 |
| Aug 26, 2018 | $2.24 | Aug 16, 2018 | $2.24 |
| Sep 2, 2018 | $2.24 | Aug 24, 2018 | $2.24 |
| Sep 9, 2018 | $2.24 | Oct 14, 2018 | $2.24 |
| Sep 16, 2018 | $2.24 | Oct 14, 2018 | $2.24 |
| Sep 23, 2018 | $2.24 | Oct 28, 2018 | $2.24 |
| Sep 30, 2018 | $2.24 | Oct 28, 2018 | $2.24 |
| Oct 7, 2018 | $16.59 | Nov 15, 2018 | $11.21 |
| Dec 11, 2018 | $5.38 | ||
| Oct 14, 2018 | $13.90 | Dec 11, 2018 | $13.90 |
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