Business loan support for buying & selling clothes

Godfred Aadaar

Kumasi, Ghana

30% repaid

Entrepreneur

Name

Godfred Aadaar

Location

Kumasi, Ghana

On-time repayments

24 weekly installments  •  71%

About Me

My name is Godfred Aadaar. I am from Nandom in the Upper West Region. But I currently live in Kumasi in the Ashanti Region.
I have completed my Senior High School at Lawra and I am currently into the sales of secondhand and store wear

My Business

My business is a secondhand and store wear at Sokoban. I started this business for the past 3years when i quit my job which I was working as a hotel attendant.
I also deliver smocks which is one of Ghana's traditional wear to people who demand them.
I am planning of expanding my business into store collection where you can find both ladies and gentlemen wear. And also foot wear.

Loan Proposal

I will use the money to buy clothing to sell to my customers.
I also intend to expand my business by renting a bigger shop to buy more stock.
I will therefore use the money in expanding of my business by buying more goods and renting a shop.
Thank you.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$266.03

Date disbursed

Jun 29, 2021

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: 5% of $266.03 = $12.82

Optional expediting fee: $25.64

Lenders

Aran Dunlop

United States

Dao Nguyen

austin, United States

W Phil Ratcliff

Columbus, United States

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Summary

Amount repaid

$80.53

Amount remaining

$185.50

Expected completion

Oct 11, 2021

Status

Repaying late

Installment amount

$10.32

Repayment History

Expected Payments Actual Payments
Jul 12, 2021 $9.98 Jul 18, 2021 $9.98
Jul 19, 2021 $9.98 Jul 25, 2021 $9.98
Jul 26, 2021 $9.98 Jul 31, 2021 $9.98
Aug 2, 2021 $9.98 Aug 7, 2021 $9.98
Aug 9, 2021 $9.98 Aug 14, 2021 $9.98
Aug 16, 2021 $9.98 Aug 24, 2021 $9.98
Aug 23, 2021 $9.98 Sep 2, 2021 $9.98
Aug 30, 2021 $10.32 Sep 2, 2021 $0.34
Sep 12, 2021 $1.72
Sep 17, 2021 $8.26
Sep 6, 2021 $10.32 Sep 17, 2021 $0.34
Sep 13, 2021 $10.32
Sep 20, 2021 $10.32
Sep 27, 2021 $66.59
Oct 4, 2021 $66.59
Oct 11, 2021 $21.68

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