Reselling secondhand clothing to pay college tuition

Phillip

Ahodwo-kumasi, Ghana

14% repaid

Entrepreneur

Name

Phillip

Member since

April 2017

On-time repayments

159 installments  •  9%

About Me

My name is Phillip Frimpong, young and very brilliant student of Ghanaian parentage.
I am a boy from a small town in Ghana. My parents are farmers and they used to sell some of the farm produces to make ends meet. The little they get from farming is what put food on the table for me and my other eight sibings. I started and completed my basic education at hopeland preparatory school. I was one of the best student in among my year group. My parent's income could not send me to senior high school that year and i sat home for three years before a good samara tan saw the potential in me and paid my high school admission for me.
Africa is underdeveloped because majority of the people on the continent are illiterate and since education is the key to unlock the golden door of freedom and development, it should not be taken lightly. Difficulties and fustrations peoples go through in order to get money to pay tuition is really hectic. I am a victim myself.

My Business

I am student and a seller. I sell second- hand shirts and trousers to students and others who needs them. It is low cost and all people can buy it. I am into this trade because is very good and give me profit to sustain my academic life. People also demand it at all time. The function of education is to give the people knowledge to solve societal problems and for people to think intensively and critically in solving the numerous problems bedevilled the country. The problems that blocks people from accessing better and quality education should be clear off to give people the opportunity to enjoy better education. Non payment of tuition fees has kept many away from the school environment.

Loan Proposal

I will buy second hand clothes in stock and resell them to people to make profit.
This will expand my business so that i can reach out to many customers who are in need of second shirt and trousers on campus and beyond. I need 250 dollars to buy more of the clothes to resell so that i can get many profit from the sales to sort out my educational cost.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$195.00

Date disbursed

Jun 5, 2017

Repayment status

Late

Projected term

35 months

Other loans

Lenders

S

StefanB

Stockholm, Sweden

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

KJ

Kevin J Baird

Cleveland, OH, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$26.35

Amount remaining

$166.95

Expected completion

May 19, 2020

Status

Repaying late

Installment amount

$1.20

Repayment History

Expected Payments Actual Payments
Jun 13, 2017 $2.40 Jul 6, 2017 $2.40
Jun 20, 2017 $2.40 Jul 6, 2017 $2.40
Jun 27, 2017 $2.40 Jul 6, 2017 $2.40
Jul 4, 2017 $2.40 Jul 6, 2017 $2.40
Jul 11, 2017 $2.40 Jul 18, 2017 $2.40
Jul 18, 2017 $2.40 Jul 18, 2017 $2.40
Jul 25, 2017 $2.40 Jul 26, 2017 $1.20
Aug 1, 2017 $1.20
Aug 1, 2017 $2.40 Aug 1, 2017 $2.40
Aug 8, 2017 $1.20 Aug 1, 2017 $1.20
Aug 15, 2017 $1.20 Aug 15, 2017 $1.20
Aug 22, 2017 $1.20 Aug 15, 2017 $1.20
Aug 29, 2017 $1.20 Aug 15, 2017 $1.20
Sep 5, 2017 $1.20 Aug 22, 2017 $1.20
Sep 12, 2017 $1.20 Aug 22, 2017 $1.20
Sep 19, 2017 $1.20
Sep 26, 2017 $1.20
Oct 3, 2017 $1.20
Oct 10, 2017 $1.20
Oct 17, 2017 $1.20
Oct 24, 2017 $1.20
Oct 31, 2017 $1.20
Nov 7, 2017 $1.20
Nov 14, 2017 $1.20
Nov 21, 2017 $1.20
Nov 28, 2017 $1.20
Dec 5, 2017 $1.20
Dec 12, 2017 $1.20
Dec 19, 2017 $1.20
Dec 26, 2017 $1.20
Jan 2, 2018 $1.20
Jan 9, 2018 $1.20
Jan 16, 2018 $1.20
Jan 23, 2018 $1.20
Jan 30, 2018 $1.20
Feb 6, 2018 $1.20
Feb 13, 2018 $1.20
Feb 20, 2018 $1.20
Feb 27, 2018 $1.20
Mar 6, 2018 $1.20
Mar 13, 2018 $1.20
Mar 20, 2018 $1.20
Mar 27, 2018 $1.20
Apr 3, 2018 $1.20
Apr 10, 2018 $1.20
Apr 17, 2018 $1.20
Apr 24, 2018 $1.20
May 1, 2018 $1.20
May 8, 2018 $1.20
May 15, 2018 $1.20
May 22, 2018 $1.20
May 29, 2018 $1.20
Jun 5, 2018 $1.20
Jun 12, 2018 $1.20
Jun 19, 2018 $1.20
Jun 26, 2018 $1.20
Jul 3, 2018 $1.20
Jul 10, 2018 $1.20
Jul 17, 2018 $1.20
Jul 24, 2018 $1.20
Jul 31, 2018 $1.20
Aug 7, 2018 $1.20
Aug 14, 2018 $1.20
Aug 21, 2018 $1.20
Aug 28, 2018 $1.20
Sep 4, 2018 $1.20
Sep 11, 2018 $1.20
Sep 18, 2018 $1.20
Sep 25, 2018 $1.20
Oct 2, 2018 $1.20
Oct 9, 2018 $1.20
Oct 16, 2018 $1.20
Oct 23, 2018 $1.20
Oct 30, 2018 $1.20
Nov 6, 2018 $1.20
Nov 13, 2018 $1.20
Nov 20, 2018 $1.20
Nov 27, 2018 $1.20
Dec 4, 2018 $1.20
Dec 11, 2018 $1.20
Dec 18, 2018 $1.20
Dec 25, 2018 $1.20
Jan 1, 2019 $1.20
Jan 8, 2019 $1.20
Jan 15, 2019 $1.20
Jan 22, 2019 $1.20
Jan 29, 2019 $1.20
Feb 5, 2019 $1.20
Feb 12, 2019 $1.20
Feb 19, 2019 $1.20
Feb 26, 2019 $1.20
Mar 5, 2019 $1.20
Mar 12, 2019 $1.20
Mar 19, 2019 $1.20
Mar 26, 2019 $1.20
Apr 2, 2019 $1.20
Apr 9, 2019 $1.20
Apr 16, 2019 $1.20
Apr 23, 2019 $1.20
Apr 30, 2019 $1.20
May 7, 2019 $1.20
May 14, 2019 $1.20
May 21, 2019 $1.20
May 28, 2019 $1.20
Jun 4, 2019 $1.20
Jun 11, 2019 $1.20
Jun 18, 2019 $1.20
Jun 25, 2019 $1.20
Jul 2, 2019 $1.20
Jul 9, 2019 $1.20
Jul 16, 2019 $1.20
Jul 23, 2019 $1.20
Jul 30, 2019 $1.20
Aug 6, 2019 $1.20
Aug 13, 2019 $1.20
Aug 20, 2019 $1.20
Aug 27, 2019 $1.20
Sep 3, 2019 $1.20
Sep 10, 2019 $1.20
Sep 17, 2019 $1.20
Sep 24, 2019 $1.20
Oct 1, 2019 $1.20
Oct 8, 2019 $1.20
Oct 15, 2019 $1.20
Oct 22, 2019 $1.20
Oct 29, 2019 $1.20
Nov 5, 2019 $1.20
Nov 12, 2019 $1.20
Nov 19, 2019 $1.20
Nov 26, 2019 $1.20
Dec 3, 2019 $1.20
Dec 10, 2019 $1.20
Dec 17, 2019 $1.20
Dec 24, 2019 $1.20
Dec 31, 2019 $1.20
Jan 7, 2020 $1.20
Jan 14, 2020 $1.20
Jan 21, 2020 $1.20
Jan 28, 2020 $1.20
Feb 4, 2020 $1.20
Feb 11, 2020 $1.20
Feb 18, 2020 $1.20
Feb 25, 2020 $1.20
Mar 3, 2020 $1.20
Mar 10, 2020 $1.20
Mar 17, 2020 $1.20
Mar 24, 2020 $1.20
Mar 31, 2020 $1.20
Apr 7, 2020 $1.20
Apr 14, 2020 $1.20
Apr 21, 2020 $1.20
Apr 28, 2020 $1.20
May 5, 2020 $1.20
May 12, 2020 $1.20
May 19, 2020 $0.48

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