Inventory of kitchen utensils for my shop
Thomas
Sunyani, Ghana
42% repaid
Entrepreneur
Name
Thomas
Member since
October 2014
On-time repayments
370 installments • 60%
About Me
About Me
I am Thomas Kwame Billa,30 years old, am married and I live in Sunyani . Professionally , I am an Accounting officer . After I completed high School I had good grades but cold not go to the University direct because of finance. So I worked as a sales boy in both charcoal and fish for four years before furthering my education . I then proceeded to the Polytechnic where I read HND Accountancy as my programmed of study and proceed to Kwame Nkrumah University of Science and Technology where I had my first Degree in Bsc. Business Administration Accounting. My passion is entrepreneurship . My desire is to owe a group of companies .
My Business
l am into Hire purchase business where I deal in cloths, ladies panties, ladies under wears, ladies slippers, braziers, men singlets , boxer wears, materials etc. The name of the business is TRUST GOD HIRE PURCHASE.
The goods are useful and of hire demand because they are goods of necessity which human cannot do without. This is because after eating, one must cloth him or herself without walking naked.
I chose this type of business because it is most flexible for the clients to afford in terms of payment since it does not involve "cash and carry" that is instant cash payment for the goods. I give the goods to my client on credit by taking an initial deposit and with the support of my wife she goes round everyday to the clients and take the money in bits for the one month period.
The typical cost of the goods are the purchasing cost , transportation cost and delivery cost to clients since that one involve boarding a taxi from area to another. With the current cost I incur for a consignment 470 US Dollars . 400 US Dollars is the cost of buying the goods from the distributors and then 70 US Dollars for transportation to my destination of business and delivery cost to client in their various areas .
The business is so lucrative with only 0.1% risk of default for the one month period of payment . Some of the goods are bought at a unit price of 10 US Dollars , 8 US Dollars, 7 US Dollars and others 5 US Dollars and 2 US Dollars.
Therefore the revenue stream is as follows; A profit of 5 US Dollars is added to each of the unit price of the goods with the fact that the goods are given out on credit without taking instant cash and also,by taking into consideration element of inflation and price changes in the market. However there must always be an initial deposit before the products are delivered to the clients. The profit gain is reinvested in growing the business.
Loan Proposal
Hello my precious and able lenders, I would like to request for additional funding of of USD 104 my previous loan has been very productive. My business is taking better shape now. I would want to increase my stock to 30 pieces of cloths and also increase the other wears by 3 dozens each. This will help me make more profit since there is not more than 1% default in my sales with strategy am using. I will sincerely appreciate it if I am am funded this loan and I will definitely pay it back on time I honestly promise as i paid the first loan . Thanks you so much for your support .
Loan Proposal
thanks so much my able lenders for the previous loan granted me. This is my seventh time and I wish to apply again for you assistance to enable purchase more inventory into a new shop i have just rented. The clothing business coupled with the sale of plastic bowls, utensils, etc are very lucrative at my area but it always need much capital. I will therefore be very much grateful if I should be assisted again to stock this new store of mine.
I promise to pay back the loan without any default as I have always done since the day I joined zidisha. Thank you and God bless you all my precious lenders.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,848.00
Date disbursed
Nov 5, 2017
Repayment status
Late
Projected term
54 months
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Summary
Amount repaid
$1,086.57
Amount remaining
$1,525.20
Expected completion
May 4, 2022
Status
Repaying late
Installment amount
$13.02
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 15, 2017 | $23.26 | Nov 13, 2017 | $23.26 |
| Nov 22, 2017 | $23.26 | Nov 21, 2017 | $23.26 |
| Nov 29, 2017 | $23.26 | Nov 29, 2017 | $23.26 |
| Dec 6, 2017 | $23.26 | Dec 6, 2017 | $23.26 |
| Dec 13, 2017 | $23.26 | Dec 13, 2017 | $23.26 |
| Dec 20, 2017 | $23.26 | Dec 20, 2017 | $23.26 |
| Dec 27, 2017 | $23.26 | Dec 27, 2017 | $23.26 |
| Jan 3, 2018 | $23.26 | Jan 3, 2018 | $23.26 |
| Jan 10, 2018 | $23.26 | Jan 10, 2018 | $23.26 |
| Jan 17, 2018 | $23.26 | Jan 17, 2018 | $23.26 |
| Jan 24, 2018 | $23.26 | Jan 24, 2018 | $23.26 |
| Jan 31, 2018 | $23.26 | Jan 31, 2018 | $23.26 |
| Feb 7, 2018 | $23.26 | Feb 9, 2018 | $23.26 |
| Feb 14, 2018 | $23.26 | Feb 16, 2018 | $23.26 |
| Feb 21, 2018 | $0.00 | ||
| Feb 28, 2018 | $11.63 | Feb 28, 2018 | $11.63 |
| Mar 7, 2018 | $11.63 | Mar 9, 2018 | $11.63 |
| Mar 14, 2018 | $11.63 | Mar 15, 2018 | $11.63 |
| Mar 21, 2018 | $11.63 | Mar 22, 2018 | $11.63 |
| Mar 28, 2018 | $11.63 | Mar 30, 2018 | $11.63 |
| Apr 4, 2018 | $11.63 | Apr 5, 2018 | $11.63 |
| Apr 11, 2018 | $11.63 | Apr 13, 2018 | $11.63 |
| Apr 18, 2018 | $11.63 | Apr 20, 2018 | $11.63 |
| Apr 25, 2018 | $11.63 | Apr 27, 2018 | $11.63 |
| May 2, 2018 | $11.63 | Apr 27, 2018 | $2.09 |
| May 4, 2018 | $9.54 | ||
| May 9, 2018 | $11.63 | May 4, 2018 | $2.09 |
| May 11, 2018 | $9.54 | ||
| May 16, 2018 | $11.63 | May 11, 2018 | $2.09 |
| May 18, 2018 | $9.54 | ||
| May 23, 2018 | $11.63 | May 18, 2018 | $2.09 |
| Jun 1, 2018 | $9.54 | ||
| May 30, 2018 | $11.63 | Jun 1, 2018 | $11.63 |
| Jun 6, 2018 | $11.63 | Jun 1, 2018 | $2.09 |
| Jun 9, 2018 | $9.54 | ||
| Jun 13, 2018 | $11.63 | Jun 9, 2018 | $2.09 |
| Jun 15, 2018 | $9.54 | ||
| Jun 20, 2018 | $11.63 | Jun 15, 2018 | $2.09 |
| Jun 22, 2018 | $9.54 | ||
| Jun 27, 2018 | $11.63 | Jun 22, 2018 | $2.09 |
| Jun 29, 2018 | $9.54 | ||
| Jul 4, 2018 | $11.63 | Jun 29, 2018 | $0.93 |
| Jul 7, 2018 | $10.70 | ||
| Jul 11, 2018 | $11.63 | Jul 7, 2018 | $11.63 |
| Jul 18, 2018 | $11.63 | Jul 7, 2018 | $0.93 |
| Jul 21, 2018 | $10.70 | ||
| Jul 25, 2018 | $11.63 | Jul 21, 2018 | $0.93 |
| Jul 28, 2018 | $9.30 | ||
| Aug 8, 2018 | $1.40 | ||
| Aug 1, 2018 | $11.63 | Aug 8, 2018 | $10.23 |
| Aug 12, 2018 | $1.40 | ||
| Aug 8, 2018 | $11.63 | Aug 12, 2018 | $10.23 |
| Aug 21, 2018 | $1.40 | ||
| Aug 15, 2018 | $11.63 | Aug 21, 2018 | $10.23 |
| Aug 28, 2018 | $1.40 | ||
| Aug 22, 2018 | $11.63 | Aug 28, 2018 | $11.63 |
| Aug 29, 2018 | $11.63 | Aug 28, 2018 | $5.58 |
| Sep 12, 2018 | $6.05 | ||
| Sep 5, 2018 | $11.63 | Sep 12, 2018 | $11.63 |
| Sep 12, 2018 | $11.63 | Sep 12, 2018 | $5.58 |
| Sep 18, 2018 | $6.05 | ||
| Sep 19, 2018 | $11.63 | Sep 18, 2018 | $11.63 |
| Sep 26, 2018 | $11.63 | Sep 18, 2018 | $5.58 |
| Sep 25, 2018 | $6.05 | ||
| Oct 3, 2018 | $11.63 | Sep 25, 2018 | $10.23 |
| Oct 5, 2018 | $1.40 | ||
| Oct 10, 2018 | $11.63 | Oct 5, 2018 | $10.93 |
| Oct 17, 2018 | $0.70 | ||
| Oct 17, 2018 | $11.63 | Oct 17, 2018 | $11.63 |
| Oct 24, 2018 | $11.63 | Oct 17, 2018 | $0.47 |
| Oct 28, 2018 | $11.16 | ||
| Oct 31, 2018 | $2.79 | Oct 28, 2018 | $2.79 |
| Nov 7, 2018 | $0.00 | ||
| Nov 14, 2018 | $0.00 | ||
| Nov 21, 2018 | $10.47 | Apr 17, 2019 | $0.70 |
| Apr 19, 2019 | $5.12 | ||
| Apr 29, 2019 | $4.65 | ||
| Nov 28, 2018 | $0.00 | ||
| Dec 5, 2018 | $0.00 | ||
| Dec 12, 2018 | $0.00 | ||
| Dec 19, 2018 | $0.00 | ||
| Dec 26, 2018 | $0.00 | ||
| Jan 2, 2019 | $0.00 | ||
| Jan 9, 2019 | $0.00 | ||
| Jan 16, 2019 | $0.00 | ||
| Jan 23, 2019 | $0.00 | ||
| Jan 30, 2019 | $0.00 | ||
| Feb 6, 2019 | $0.00 | ||
| Feb 13, 2019 | $0.00 | ||
| Feb 20, 2019 | $0.00 | ||
| Feb 27, 2019 | $0.00 | ||
| Mar 6, 2019 | $0.00 | ||
| Mar 13, 2019 | $0.00 | ||
| Mar 20, 2019 | $0.00 | ||
| Mar 27, 2019 | $0.00 | ||
| Apr 3, 2019 | $0.00 | ||
| Apr 10, 2019 | $0.00 | ||
| Apr 17, 2019 | $0.00 | ||
| Apr 24, 2019 | $0.00 | ||
| May 1, 2019 | $9.30 | May 4, 2019 | $9.30 |
| May 8, 2019 | $9.30 | May 11, 2019 | $9.30 |
| May 15, 2019 | $9.30 | May 11, 2019 | $9.30 |
| May 22, 2019 | $9.30 | May 13, 2019 | $9.30 |
| May 29, 2019 | $9.30 | May 13, 2019 | $9.30 |
| Jun 5, 2019 | $11.63 | May 13, 2019 | $2.33 |
| May 19, 2019 | $9.30 | ||
| Jun 12, 2019 | $11.63 | May 19, 2019 | $2.33 |
| May 23, 2019 | $9.30 | ||
| Jun 19, 2019 | $11.63 | May 23, 2019 | $2.33 |
| Jun 17, 2019 | $9.30 | ||
| Jun 26, 2019 | $11.63 | Jun 17, 2019 | $2.33 |
| Jul 11, 2019 | $9.30 | ||
| Jul 3, 2019 | $11.63 | Jul 11, 2019 | $11.63 |
| Jul 10, 2019 | $11.63 | Jul 11, 2019 | $11.63 |
| Jul 17, 2019 | $0.00 | ||
| Jul 24, 2019 | $0.00 | ||
| Jul 31, 2019 | $0.00 | ||
| Aug 7, 2019 | $0.00 | ||
| Aug 14, 2019 | $9.30 | Aug 13, 2019 | $9.30 |
| Aug 21, 2019 | $9.30 | Sep 9, 2019 | $9.30 |
| Aug 28, 2019 | $6.98 | Sep 9, 2019 | $6.98 |
| Sep 4, 2019 | $0.00 | ||
| Sep 11, 2019 | $0.00 | ||
| Sep 18, 2019 | $0.00 | ||
| Sep 25, 2019 | $0.00 | ||
| Oct 2, 2019 | $6.98 | Oct 3, 2019 | $6.98 |
| Oct 9, 2019 | $6.98 | Oct 10, 2019 | $6.98 |
| Oct 16, 2019 | $6.98 | Oct 17, 2019 | $6.98 |
| Oct 23, 2019 | $6.98 | Oct 28, 2019 | $6.98 |
| Oct 30, 2019 | $0.00 | ||
| Nov 6, 2019 | $0.00 | ||
| Nov 13, 2019 | $0.00 | ||
| Nov 20, 2019 | $1.40 | Dec 11, 2019 | $1.40 |
| Nov 27, 2019 | $0.00 | ||
| Dec 4, 2019 | $0.00 | ||
| Dec 11, 2019 | $4.65 | Dec 25, 2019 | $4.65 |
| Dec 18, 2019 | $0.00 | ||
| Dec 25, 2019 | $2.09 | Jan 14, 2020 | $2.09 |
| Jan 1, 2020 | $0.00 | ||
| Jan 8, 2020 | $0.00 | ||
| Jan 15, 2020 | $2.33 | Jan 25, 2020 | $2.33 |
| Jan 22, 2020 | $2.33 | Jan 25, 2020 | $2.33 |
| Jan 29, 2020 | $2.33 | Feb 4, 2020 | $2.33 |
| Feb 5, 2020 | $2.33 | Mar 3, 2020 | $2.33 |
| Feb 12, 2020 | $2.33 | Mar 3, 2020 | $2.33 |
| Feb 19, 2020 | $11.63 | Mar 3, 2020 | $6.98 |
| Mar 21, 2020 | $4.65 | ||
| Feb 26, 2020 | $2.33 | Mar 21, 2020 | $2.33 |
| Mar 4, 2020 | $0.00 | ||
| Mar 11, 2020 | $0.00 | ||
| Mar 18, 2020 | $0.00 | ||
| Mar 25, 2020 | $2.33 | Mar 21, 2020 | $2.33 |
| Apr 1, 2020 | $2.33 | Mar 21, 2020 | $2.33 |
| Apr 8, 2020 | $2.33 | Mar 21, 2020 | $2.33 |
| Apr 15, 2020 | $2.33 | Mar 22, 2020 | $2.33 |
| Apr 22, 2020 | $2.33 | Mar 22, 2020 | $1.16 |
| Mar 28, 2020 | $1.16 | ||
| Apr 29, 2020 | $1.16 | Mar 28, 2020 | $1.16 |
| May 6, 2020 | $2.33 | May 24, 2020 | $2.33 |
| May 13, 2020 | $0.00 | ||
| May 20, 2020 | $0.00 | ||
| May 27, 2020 | $2.33 | May 30, 2020 | $2.33 |
| Jun 3, 2020 | $0.00 | ||
| Jun 10, 2020 | $0.00 | ||
| Jun 17, 2020 | $0.00 | ||
| Jun 24, 2020 | $0.00 | ||
| Jul 1, 2020 | $1.16 | Aug 1, 2020 | $1.16 |
| Jul 8, 2020 | $1.16 | Aug 1, 2020 | $1.16 |
| Jul 15, 2020 | $0.00 | ||
| Jul 22, 2020 | $0.00 | ||
| Jul 29, 2020 | $0.00 | ||
| Aug 5, 2020 | $0.00 | ||
| Aug 12, 2020 | $0.00 | ||
| Aug 19, 2020 | $0.00 | ||
| Aug 26, 2020 | $1.16 | Sep 10, 2020 | $1.16 |
| Sep 2, 2020 | $1.16 | Sep 10, 2020 | $1.16 |
| Sep 9, 2020 | $1.16 | Sep 10, 2020 | $1.16 |
| Sep 16, 2020 | $1.16 | Sep 30, 2020 | $1.16 |
| Sep 23, 2020 | $1.16 | Sep 30, 2020 | $1.16 |
| Sep 30, 2020 | $9.77 | Sep 30, 2020 | $1.16 |
| Sep 30, 2020 | $2.33 | ||
| Nov 29, 2020 | $6.28 | ||
| Oct 7, 2020 | $0.23 | Nov 30, 2020 | $0.23 |
| Oct 14, 2020 | $0.23 | Nov 30, 2020 | $0.23 |
| Oct 21, 2020 | $0.23 | Dec 9, 2020 | $0.23 |
| Oct 28, 2020 | $0.23 | Dec 9, 2020 | $0.23 |
| Nov 4, 2020 | $0.47 | Dec 9, 2020 | $0.47 |
| Nov 11, 2020 | $0.47 | Dec 9, 2020 | $0.23 |
| Dec 23, 2020 | $0.23 | ||
| Nov 18, 2020 | $0.47 | Dec 23, 2020 | $0.47 |
| Nov 25, 2020 | $0.47 | Dec 23, 2020 | $0.47 |
| Dec 2, 2020 | $0.47 | Jan 13, 2021 | $0.47 |
| Dec 9, 2020 | $1.16 | Jan 13, 2021 | $1.16 |
| Dec 16, 2020 | $1.16 | Jan 13, 2021 | $1.16 |
| Dec 23, 2020 | $1.16 | Jan 13, 2021 | $0.23 |
| Jan 20, 2021 | $0.93 | ||
| Dec 30, 2020 | $1.16 | Jan 20, 2021 | $1.16 |
| Jan 6, 2021 | $1.16 | Jan 20, 2021 | $1.16 |
| Jan 13, 2021 | $6.28 | Jan 20, 2021 | $3.02 |
| Feb 3, 2021 | $3.26 | ||
| Jan 20, 2021 | $0.00 | ||
| Jan 27, 2021 | $13.26 | Feb 3, 2021 | $10.00 |
| Mar 28, 2021 | $0.47 | ||
| Apr 1, 2021 | $0.70 | ||
| Apr 8, 2021 | $1.86 | ||
| Apr 16, 2021 | $0.23 | ||
| Feb 3, 2021 | $0.47 | Apr 16, 2021 | $0.47 |
| Feb 10, 2021 | $0.00 | ||
| Feb 17, 2021 | $0.00 | ||
| Feb 24, 2021 | $0.00 | ||
| Mar 3, 2021 | $0.00 | ||
| Mar 10, 2021 | $0.00 | ||
| Mar 17, 2021 | $0.00 | ||
| Mar 24, 2021 | $4.88 | Apr 16, 2021 | $1.63 |
| Apr 20, 2021 | $1.86 | ||
| May 20, 2021 | $1.16 | ||
| May 20, 2021 | $0.23 | ||
| Mar 31, 2021 | $0.00 | ||
| Apr 7, 2021 | $0.00 | ||
| Apr 14, 2021 | $13.02 | May 20, 2021 | $0.47 |
| Jun 3, 2021 | $1.16 | ||
| Jun 3, 2021 | $0.47 | ||
| Jun 3, 2021 | $0.70 | ||
| Jun 4, 2021 | $0.70 | ||
| Jun 7, 2021 | $0.93 | ||
| Jun 8, 2021 | $1.16 | ||
| Jun 9, 2021 | $1.16 | ||
| Jun 10, 2021 | $1.63 | ||
| Jun 17, 2021 | $1.16 | ||
| Jun 24, 2021 | $0.93 | ||
| Jun 25, 2021 | $0.47 | ||
| Jul 9, 2021 | $1.86 | ||
| Jul 10, 2021 | $0.23 | ||
| Apr 21, 2021 | $13.02 | Jul 10, 2021 | $1.40 |
| Jul 12, 2021 | $2.09 | ||
| Jul 13, 2021 | $3.02 | ||
| Jul 26, 2021 | $2.33 | ||
| Sep 1, 2021 | $4.19 | ||
| Apr 28, 2021 | $13.02 | Sep 1, 2021 | $7.44 |
| Oct 1, 2021 | $2.56 | ||
| Oct 20, 2021 | $3.02 | ||
| May 5, 2021 | $13.02 | Oct 20, 2021 | $3.95 |
| Dec 9, 2021 | $3.02 | ||
| Dec 10, 2021 | $3.02 | ||
| Dec 13, 2021 | $0.93 | ||
| Dec 14, 2021 | $2.09 | ||
| May 12, 2021 | $13.02 | Dec 14, 2021 | $0.93 |
| Dec 29, 2021 | $2.09 | ||
| Feb 3, 2022 | $1.16 | ||
| Feb 10, 2022 | $3.49 | ||
| Mar 1, 2022 | $1.16 | ||
| Mar 1, 2022 | $1.16 | ||
| Mar 9, 2022 | $1.16 | ||
| Mar 10, 2022 | $0.93 | ||
| Mar 31, 2022 | $0.47 | ||
| Mar 31, 2022 | $0.23 | ||
| May 26, 2022 | $0.23 | ||
| May 19, 2021 | $13.02 | May 26, 2022 | $2.79 |
| May 26, 2021 | $13.02 | ||
| Jun 2, 2021 | $13.02 | ||
| Jun 9, 2021 | $13.02 | ||
| Jun 16, 2021 | $13.02 | ||
| Jun 23, 2021 | $13.02 | ||
| Jun 30, 2021 | $13.02 | ||
| Jul 7, 2021 | $13.02 | ||
| Jul 14, 2021 | $13.02 | ||
| Jul 21, 2021 | $13.02 | ||
| Jul 28, 2021 | $71.17 | ||
| Aug 4, 2021 | $71.17 | ||
| Aug 11, 2021 | $71.17 | ||
| Aug 18, 2021 | $13.95 | ||
| Aug 25, 2021 | $13.95 | ||
| Sep 1, 2021 | $13.95 | ||
| Sep 8, 2021 | $13.95 | ||
| Sep 15, 2021 | $13.95 | ||
| Sep 22, 2021 | $13.95 | ||
| Sep 29, 2021 | $13.95 | ||
| Oct 6, 2021 | $13.95 | ||
| Oct 13, 2021 | $13.95 | ||
| Oct 20, 2021 | $13.95 | ||
| Oct 27, 2021 | $13.95 | ||
| Nov 3, 2021 | $13.95 | ||
| Nov 10, 2021 | $13.95 | ||
| Nov 17, 2021 | $14.19 | ||
| Nov 24, 2021 | $100.47 | ||
| Dec 1, 2021 | $100.47 | ||
| Dec 8, 2021 | $14.88 | ||
| Dec 15, 2021 | $14.88 | ||
| Dec 22, 2021 | $14.88 | ||
| Dec 29, 2021 | $14.88 | ||
| Jan 5, 2022 | $100.47 | ||
| Jan 12, 2022 | $100.47 | ||
| Jan 19, 2022 | $14.65 | ||
| Jan 26, 2022 | $14.65 | ||
| Feb 2, 2022 | $14.65 | ||
| Feb 9, 2022 | $14.65 | ||
| Feb 16, 2022 | $100.47 | ||
| Feb 23, 2022 | $14.65 | ||
| Mar 2, 2022 | $14.65 | ||
| Mar 9, 2022 | $14.65 | ||
| Mar 16, 2022 | $14.65 | ||
| Mar 23, 2022 | $100.47 | ||
| Mar 30, 2022 | $14.65 | ||
| Apr 6, 2022 | $14.65 | ||
| Apr 13, 2022 | $100.47 | ||
| Apr 20, 2022 | $14.65 | ||
| Apr 27, 2022 | $14.65 | ||
| May 4, 2022 | $50.00 | ||
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