Entrepreneur
Name
Rebecca
Member since
January 2017
On-time repayments
216 installments • 41%
About Me
I am currently enrolled as a Distance Learning Student with the University of Cape Coast (UCC). I am pursing a Diploma in Basic Education. I hope to graduate by next year and be employed as a professional teacher. Barely a few months ago, I successfully rented a shop, which I am currently using for business to sell vegetables and various cooking ingredients. I am hoping to expand my business and make more profit to be able to pay my school fees and other educational expenses.
My Business
I started my business a few months ago by buying a few cooking items such as vegetables and spices and selling from the house. Soon, I realized the market was available so I started searching around my area for a place to rent for my business. By the grace of God, I got a container which was by the road side and not too far from my place of residence. I used my savings to pay the rent fee and the rest to buy a few items to sell. Business has been good but the lack of capital means I purchase goods on smaller scale and this drastically reduces my profit margin. I have currently employed one lady who helps me to take care of the shop.
Loan Proposal
Dear Lenders,
If I receive this loan, I plan to use it to buy one big bag of rice, two large gallons of vegetable oil and if I still have some money remaining, buy cartons of canned tomato paste. These are commodities which move very fast at my shop and I hope to make enough profit within a short time when I trade in them.
Thank you.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$157.00
Date disbursed
Aug 25, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$156.65
Amount remaining
$0.00
Date repaid
Nov 21, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 3, 2017 | $11.98 | Aug 30, 2017 | $11.98 |
| Sep 10, 2017 | $1.20 | Sep 9, 2017 | $1.20 |
| Sep 17, 2017 | $1.20 | Sep 23, 2017 | $1.20 |
| Sep 24, 2017 | $1.20 | Sep 30, 2017 | $1.20 |
| Oct 1, 2017 | $1.20 | Oct 4, 2017 | $1.20 |
| Oct 8, 2017 | $1.20 | Oct 9, 2017 | $1.20 |
| Oct 15, 2017 | $1.20 | Oct 9, 2017 | $1.20 |
| Oct 22, 2017 | $0.00 | ||
| Oct 29, 2017 | $0.96 | Oct 31, 2017 | $0.96 |
| Nov 5, 2017 | $0.96 | Oct 31, 2017 | $0.96 |
| Nov 12, 2017 | $67.79 | Nov 20, 2017 | $67.79 |
| Nov 19, 2017 | $67.79 | Nov 21, 2017 | $67.79 |
Ask Rebecca a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.