Expanding my clothing business

Jacob

Abura Dunkwa, C/r. Ghana, Ghana

100% repaid

Entrepreneur

Name

Jacob

Member since

January 2015

On-time repayments

132 installments  •  70%

About Me

My name is Jacob Arthur, a Ghanaian living in the central region of Ghana. i am 25 years old and a high school graduate. i am the first of five children. as a child, all i wanted to become was a soldier but i lost that dream and due to financial constraints . but as a man and being the first of five children, idleness is not an option that i have so i took to selling second hand clothes for a living . The meaning of this is that i have to work harder else my siblings who are in school will have to drop out from school since my moms strength alone can not do it. For now i have a dream of opening my own boutique . Having been able to save a little and am working very hard to reach that dream with a targeted year. the greatest virtue that i have learn over the years is hardworking and integrity. i love to read and play foot ball and then also engage in a lot of church activities.

My Business

i am into the selling of clothes and i can barber too very well so sometimes i swing businesses but for the past two years now i have been selling second hand clothes in my community. i take the bales and move around with the clothes, i go from house to house, and then also markets. on market days sale are always very high than the normal days. i attend markets days four times a week. these clothes are needed since is not everyone who are able to purchase the brand new ones. for every bale you sell, you make more than 35% profit . A typical second hand clothe bale cost about $60 . then out of this profit, i live on part.l..

Loan Proposal

I am so grateful for the second loan that you helped me with. the impact is and was awesome.
I am into the selling of second had clothes in my community in the central region of Ghana. when my loan is fully funded, i will use the entire amount to go for inventory . i will purchase four bales full of clothes for children with each costing around $45 now so the four will make some $180. then i will use the rest to purchase two other bales for adults one for men and the other for women. so $60 for that of the women since that cost more than that of the men and the children. then i will use $65 to purchase men clothes.
the benefit that this will create to those in the nearby villages can not be over emphasized. it will provide low cost for these people both young and old. Then to my self too, i will be making profit of not less than 40% on cost of inventory and this will help me to be able to help my mom to take care of my younger siblings as in their school fees and their up keep. and then also i will have something small to save towards my own future.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$384.00

Date disbursed

Nov 5, 2015

Repayment status

On Time

Projected term

69 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$372.50

Amount remaining

$0.00

Date repaid

Mar 11, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 15, 2015 $25.00 Nov 23, 2015 $25.00
Nov 22, 2015 $0.00
Nov 29, 2015 $0.00
Dec 6, 2015 $0.00
Dec 13, 2015 $1.25 Dec 20, 2015 $1.25
Dec 20, 2015 $1.25 Dec 20, 2015 $1.25
Dec 27, 2015 $1.25 Dec 31, 2015 $1.25
Jan 3, 2016 $1.25 Dec 31, 2015 $1.25
Jan 10, 2016 $1.25 Dec 31, 2015 $1.25
Jan 17, 2016 $1.25 Dec 31, 2015 $1.25
Jan 24, 2016 $1.25 Jan 24, 2016 $1.25
Jan 31, 2016 $1.25 Jan 24, 2016 $1.25
Feb 7, 2016 $1.25 Feb 8, 2016 $1.25
Feb 14, 2016 $1.25 Feb 8, 2016 $1.25
Feb 21, 2016 $1.25 Feb 8, 2016 $1.25
Feb 28, 2016 $1.25 Feb 8, 2016 $1.25
Mar 6, 2016 $1.25 Mar 8, 2016 $1.25
Mar 13, 2016 $1.25 Mar 8, 2016 $1.25
Mar 20, 2016 $1.25 Mar 8, 2016 $1.25
Mar 27, 2016 $1.25 Mar 8, 2016 $1.25
Apr 3, 2016 $1.25 Apr 5, 2016 $1.25
Apr 10, 2016 $1.25 Apr 5, 2016 $1.25
Apr 17, 2016 $1.25 May 1, 2016 $1.25
Apr 24, 2016 $1.25 May 1, 2016 $1.25
May 1, 2016 $1.25 May 1, 2016 $1.25
May 8, 2016 $1.25 May 24, 2016 $1.25
May 15, 2016 $1.25 May 24, 2016 $1.25
May 22, 2016 $1.25 May 24, 2016 $1.25
May 29, 2016 $1.25 Jun 1, 2016 $1.25
Jun 5, 2016 $1.25 Jun 1, 2016 $1.25
Jun 12, 2016 $1.25 Jun 1, 2016 $1.25
Jun 19, 2016 $1.25 Jun 20, 2016 $1.25
Jun 26, 2016 $0.00
Jul 3, 2016 $0.00
Jul 10, 2016 $0.00
Jul 17, 2016 $0.00
Jul 24, 2016 $0.50 Jul 19, 2016 $0.50
Jul 31, 2016 $0.50 Aug 4, 2016 $0.50
Aug 7, 2016 $0.50 Aug 4, 2016 $0.50
Aug 14, 2016 $0.50 Aug 4, 2016 $0.50
Aug 21, 2016 $0.50 Aug 15, 2016 $0.50
Aug 28, 2016 $0.50 Aug 15, 2016 $0.50
Sep 4, 2016 $0.50 Aug 29, 2016 $0.50
Sep 11, 2016 $0.50 Aug 29, 2016 $0.50
Sep 18, 2016 $0.50 Sep 6, 2016 $0.50
Sep 25, 2016 $0.50 Sep 6, 2016 $0.50
Oct 2, 2016 $0.50 Sep 20, 2016 $0.50
Oct 9, 2016 $0.50 Sep 20, 2016 $0.50
Oct 16, 2016 $0.50 Sep 20, 2016 $0.50
Oct 23, 2016 $0.50 Oct 10, 2016 $0.50
Oct 30, 2016 $0.50 Oct 10, 2016 $0.50
Nov 6, 2016 $0.50 Oct 20, 2016 $0.50
Nov 13, 2016 $0.50 Oct 25, 2016 $0.50
Nov 20, 2016 $0.50 Oct 25, 2016 $0.50
Nov 27, 2016 $0.50 Nov 9, 2016 $0.50
Dec 4, 2016 $0.50 Nov 16, 2016 $0.50
Dec 11, 2016 $0.50 Nov 21, 2016 $0.50
Dec 18, 2016 $0.50 Dec 13, 2016 $0.50
Dec 25, 2016 $0.50 Dec 13, 2016 $0.50
Jan 1, 2017 $0.50 Dec 13, 2016 $0.50
Jan 8, 2017 $0.50 Dec 23, 2016 $0.50
Jan 15, 2017 $0.50 Dec 23, 2016 $0.50
Jan 22, 2017 $0.50 Dec 23, 2016 $0.50
Jan 29, 2017 $0.50 Dec 23, 2016 $0.50
Feb 5, 2017 $0.50 Dec 23, 2016 $0.50
Feb 12, 2017 $0.50 Feb 8, 2017 $0.50
Feb 19, 2017 $0.50 Feb 8, 2017 $0.50
Feb 26, 2017 $0.50 Feb 8, 2017 $0.50
Mar 5, 2017 $0.50 Feb 8, 2017 $0.50
Mar 12, 2017 $0.50 Feb 8, 2017 $0.50
Mar 19, 2017 $0.50 Mar 2, 2017 $0.50
Mar 26, 2017 $0.50 Mar 2, 2017 $0.50
Apr 2, 2017 $0.50 Mar 2, 2017 $0.50
Apr 9, 2017 $0.50 Mar 2, 2017 $0.50
Apr 16, 2017 $0.50 Mar 2, 2017 $0.50
Apr 23, 2017 $0.50 Mar 2, 2017 $0.50
Apr 30, 2017 $0.50 Mar 2, 2017 $0.50
May 7, 2017 $0.50 Mar 2, 2017 $0.50
May 14, 2017 $0.50 Mar 2, 2017 $0.50
May 21, 2017 $0.50 Mar 2, 2017 $0.50
May 28, 2017 $0.50 Mar 2, 2017 $0.50
Jun 4, 2017 $0.50 Mar 2, 2017 $0.50
Jun 11, 2017 $0.50 Mar 2, 2017 $0.50
Jun 18, 2017 $0.50 Mar 2, 2017 $0.50
Jun 25, 2017 $0.50 Mar 2, 2017 $0.50
Jul 2, 2017 $0.50 Mar 2, 2017 $0.50
Jul 9, 2017 $0.50 Mar 2, 2017 $0.50
Jul 16, 2017 $0.50 Mar 2, 2017 $0.50
Jul 23, 2017 $0.50 Mar 2, 2017 $0.50
Jul 30, 2017 $0.50 Mar 2, 2017 $0.50
Aug 6, 2017 $0.50 Mar 2, 2017 $0.50
Aug 13, 2017 $0.50 Mar 2, 2017 $0.50
Aug 20, 2017 $0.50 Mar 2, 2017 $0.50
Aug 27, 2017 $0.50 Mar 2, 2017 $0.50
Sep 3, 2017 $0.50 Mar 2, 2017 $0.50
Sep 10, 2017 $0.50 Mar 2, 2017 $0.50
Sep 17, 2017 $0.50 Mar 2, 2017 $0.50
Sep 24, 2017 $0.50 Mar 2, 2017 $0.50
Oct 1, 2017 $0.50 Mar 2, 2017 $0.50
Oct 8, 2017 $0.50 Mar 2, 2017 $0.50
Oct 15, 2017 $0.50 Mar 2, 2017 $0.50
Oct 22, 2017 $0.50 Mar 2, 2017 $0.50
Oct 29, 2017 $0.50 Mar 2, 2017 $0.50
Nov 5, 2017 $0.50 Mar 2, 2017 $0.50
Nov 12, 2017 $0.50 Mar 2, 2017 $0.50
Nov 19, 2017 $0.50 Mar 2, 2017 $0.50
Nov 26, 2017 $0.50 Mar 2, 2017 $0.50
Dec 3, 2017 $0.50 Mar 2, 2017 $0.50
Dec 10, 2017 $0.50 Mar 2, 2017 $0.50
Dec 17, 2017 $0.50 Mar 2, 2017 $0.50
Dec 24, 2017 $0.50 Mar 2, 2017 $0.50
Dec 31, 2017 $0.50 Mar 2, 2017 $0.50
Jan 7, 2018 $0.50 Mar 2, 2017 $0.50
Jan 14, 2018 $0.50 Mar 2, 2017 $0.50
Jan 21, 2018 $0.50 Mar 2, 2017 $0.50
Jan 28, 2018 $0.50 Mar 2, 2017 $0.50
Feb 4, 2018 $0.50 Mar 2, 2017 $0.50
Feb 11, 2018 $0.50 Mar 2, 2017 $0.50
Feb 18, 2018 $0.50 Mar 2, 2017 $0.50
Feb 25, 2018 $0.50 Mar 2, 2017 $0.50
Mar 4, 2018 $0.50 Mar 2, 2017 $0.50
Mar 11, 2018 $0.50 Mar 2, 2017 $0.50
Mar 18, 2018 $0.50 Mar 2, 2017 $0.50
Mar 25, 2018 $0.50 Mar 2, 2017 $0.50
Apr 1, 2018 $0.50 Mar 2, 2017 $0.50
Apr 8, 2018 $0.50 Mar 2, 2017 $0.50
Apr 15, 2018 $0.50 Mar 2, 2017 $0.50
Apr 22, 2018 $0.50 Mar 2, 2017 $0.50
Apr 29, 2018 $0.50 Mar 2, 2017 $0.50
May 6, 2018 $0.50 Mar 2, 2017 $0.50
May 13, 2018 $0.50 Mar 2, 2017 $0.50
May 20, 2018 $0.50 Mar 2, 2017 $0.50
May 27, 2018 $0.50 Mar 2, 2017 $0.50
Jun 3, 2018 $0.50 Mar 2, 2017 $0.50
Jun 10, 2018 $0.50 Mar 2, 2017 $0.50
Jun 17, 2018 $0.50 Mar 2, 2017 $0.50
Jun 24, 2018 $0.50 Mar 2, 2017 $0.50
Jul 1, 2018 $0.50 Mar 2, 2017 $0.50
Jul 8, 2018 $0.50 Mar 2, 2017 $0.50
Jul 15, 2018 $0.50 Mar 2, 2017 $0.50
Jul 22, 2018 $0.50 Mar 2, 2017 $0.50
Jul 29, 2018 $0.50 Mar 2, 2017 $0.50
Aug 5, 2018 $0.50 Mar 2, 2017 $0.50
Aug 12, 2018 $0.50 Mar 2, 2017 $0.50
Aug 19, 2018 $0.50 Mar 2, 2017 $0.50
Aug 26, 2018 $0.50 Mar 2, 2017 $0.50
Sep 2, 2018 $0.50 Mar 2, 2017 $0.50
Sep 9, 2018 $0.50 Mar 2, 2017 $0.50
Sep 16, 2018 $0.50 Mar 2, 2017 $0.50
Sep 23, 2018 $0.50 Mar 2, 2017 $0.50
Sep 30, 2018 $0.50 Mar 2, 2017 $0.50
Oct 7, 2018 $0.50 Mar 2, 2017 $0.50
Oct 14, 2018 $0.50 Mar 2, 2017 $0.50
Oct 21, 2018 $0.50 Mar 2, 2017 $0.50
Oct 28, 2018 $0.50 Mar 2, 2017 $0.50
Nov 4, 2018 $0.50 Mar 2, 2017 $0.50
Nov 11, 2018 $0.50 Mar 2, 2017 $0.50
Nov 18, 2018 $0.50 Mar 2, 2017 $0.50
Nov 25, 2018 $0.50 Mar 2, 2017 $0.50
Dec 2, 2018 $0.50 Mar 2, 2017 $0.50
Dec 9, 2018 $0.50 Mar 2, 2017 $0.50
Dec 16, 2018 $0.50 Mar 2, 2017 $0.50
Dec 23, 2018 $0.50 Mar 2, 2017 $0.50
Dec 30, 2018 $0.50 Mar 2, 2017 $0.50
Jan 6, 2019 $0.50 Mar 2, 2017 $0.50
Jan 13, 2019 $0.50 Mar 2, 2017 $0.50
Jan 20, 2019 $0.50 Mar 2, 2017 $0.50
Jan 27, 2019 $0.50 Mar 2, 2017 $0.50
Feb 3, 2019 $0.50 Mar 2, 2017 $0.50
Feb 10, 2019 $0.50 Mar 2, 2017 $0.50
Feb 17, 2019 $0.50 Mar 2, 2017 $0.50
Feb 24, 2019 $0.50 Mar 2, 2017 $0.50
Mar 3, 2019 $0.50 Mar 2, 2017 $0.50
Mar 10, 2019 $0.50 Mar 2, 2017 $0.50
Mar 17, 2019 $0.50 Mar 2, 2017 $0.50
Mar 24, 2019 $0.50 Mar 2, 2017 $0.50
Mar 31, 2019 $0.50 Mar 2, 2017 $0.50
Apr 7, 2019 $0.50 Mar 2, 2017 $0.50
Apr 14, 2019 $0.50 Mar 2, 2017 $0.50
Apr 21, 2019 $0.50 Mar 2, 2017 $0.50
Apr 28, 2019 $0.50 Mar 2, 2017 $0.50
May 5, 2019 $0.50 Mar 2, 2017 $0.50
May 12, 2019 $0.50 Mar 2, 2017 $0.50
May 19, 2019 $0.50 Mar 2, 2017 $0.50
May 26, 2019 $0.50 Mar 2, 2017 $0.50
Jun 2, 2019 $0.50 Mar 2, 2017 $0.50
Jun 9, 2019 $0.50 Mar 2, 2017 $0.50
Jun 16, 2019 $0.50 Mar 2, 2017 $0.50
Jun 23, 2019 $0.50 Mar 2, 2017 $0.50
Jun 30, 2019 $0.50 Mar 2, 2017 $0.50
Jul 7, 2019 $0.50 Mar 2, 2017 $0.50
Jul 14, 2019 $0.50 Mar 2, 2017 $0.50
Jul 21, 2019 $0.50 Mar 2, 2017 $0.50
Jul 28, 2019 $0.50 Mar 2, 2017 $0.50
Aug 4, 2019 $0.50 Mar 2, 2017 $0.50
Aug 11, 2019 $0.50 Mar 2, 2017 $0.50
Aug 18, 2019 $0.50 Mar 2, 2017 $0.50
Aug 25, 2019 $0.50 Mar 2, 2017 $0.50
Sep 1, 2019 $0.50 Mar 2, 2017 $0.50
Sep 8, 2019 $0.50 Mar 2, 2017 $0.50
Sep 15, 2019 $0.50 Mar 2, 2017 $0.50
Sep 22, 2019 $0.50 Mar 2, 2017 $0.50
Sep 29, 2019 $0.50 Mar 2, 2017 $0.50
Oct 6, 2019 $0.50 Mar 2, 2017 $0.50
Oct 13, 2019 $0.50 Mar 2, 2017 $0.50
Oct 20, 2019 $0.50 Mar 2, 2017 $0.50
Oct 27, 2019 $0.50 Mar 2, 2017 $0.50
Nov 3, 2019 $0.50 Mar 2, 2017 $0.50
Nov 10, 2019 $0.50 Mar 2, 2017 $0.50
Nov 17, 2019 $0.50 Mar 2, 2017 $0.50
Nov 24, 2019 $0.50 Mar 2, 2017 $0.50
Dec 1, 2019 $0.50 Mar 2, 2017 $0.50
Dec 8, 2019 $0.50 Mar 2, 2017 $0.50
Dec 15, 2019 $0.50 Mar 2, 2017 $0.50
Dec 22, 2019 $0.50 Mar 2, 2017 $0.50
Dec 29, 2019 $0.50 Mar 2, 2017 $0.50
Jan 5, 2020 $0.50 Mar 2, 2017 $0.50
Jan 12, 2020 $0.50 Mar 2, 2017 $0.50
Jan 19, 2020 $0.50 Mar 2, 2017 $0.50
Jan 26, 2020 $0.50 Mar 2, 2017 $0.50
Feb 2, 2020 $0.50 Mar 2, 2017 $0.50
Feb 9, 2020 $0.50 Mar 2, 2017 $0.50
Feb 16, 2020 $0.50 Mar 2, 2017 $0.50
Feb 23, 2020 $0.50 Mar 2, 2017 $0.50
Mar 1, 2020 $0.50 Mar 2, 2017 $0.50
Mar 8, 2020 $0.50 Mar 2, 2017 $0.50
Mar 15, 2020 $0.50 Mar 2, 2017 $0.50
Mar 22, 2020 $0.50 Mar 2, 2017 $0.50
Mar 29, 2020 $0.50 Mar 2, 2017 $0.50
Apr 5, 2020 $0.50 Mar 2, 2017 $0.50
Apr 12, 2020 $0.50 Mar 2, 2017 $0.50
Apr 19, 2020 $0.50 Mar 2, 2017 $0.50
Apr 26, 2020 $0.50 Mar 2, 2017 $0.50
May 3, 2020 $0.50 Mar 2, 2017 $0.50
May 10, 2020 $0.50 Mar 2, 2017 $0.50
May 17, 2020 $0.50 Mar 2, 2017 $0.50
May 24, 2020 $0.50 Mar 2, 2017 $0.50
May 31, 2020 $0.50 Mar 2, 2017 $0.50
Jun 7, 2020 $0.50 Mar 2, 2017 $0.50
Jun 14, 2020 $0.50 Mar 2, 2017 $0.50
Jun 21, 2020 $0.50 Mar 2, 2017 $0.50
Jun 28, 2020 $0.50 Mar 2, 2017 $0.50
Jul 5, 2020 $0.50 Mar 2, 2017 $0.50
Jul 12, 2020 $0.50 Mar 2, 2017 $0.50
Jul 19, 2020 $0.50 Mar 2, 2017 $0.50
Jul 26, 2020 $0.50 Mar 2, 2017 $0.50
Aug 2, 2020 $0.50 Mar 2, 2017 $0.50
Aug 9, 2020 $0.50 Mar 2, 2017 $0.50
Aug 16, 2020 $0.50 Mar 2, 2017 $0.50
Aug 23, 2020 $0.50 Mar 2, 2017 $0.50
Aug 30, 2020 $0.50 Mar 2, 2017 $0.50
Sep 6, 2020 $0.50 Mar 2, 2017 $0.50
Sep 13, 2020 $0.50 Mar 2, 2017 $0.50
Sep 20, 2020 $0.50 Mar 2, 2017 $0.50
Sep 27, 2020 $0.50 Mar 2, 2017 $0.50
Oct 4, 2020 $0.50 Mar 2, 2017 $0.50
Oct 11, 2020 $0.50 Mar 2, 2017 $0.50
Oct 18, 2020 $0.50 Mar 2, 2017 $0.50
Oct 25, 2020 $0.50 Mar 2, 2017 $0.50
Nov 1, 2020 $0.50 Mar 2, 2017 $0.50
Nov 8, 2020 $0.50 Mar 2, 2017 $0.50
Nov 15, 2020 $0.50 Mar 2, 2017 $0.50
Nov 22, 2020 $0.50 Mar 2, 2017 $0.50
Nov 29, 2020 $0.50 Mar 2, 2017 $0.50
Dec 6, 2020 $0.50 Mar 2, 2017 $0.50
Dec 13, 2020 $0.50 Mar 2, 2017 $0.50
Dec 20, 2020 $0.50 Mar 2, 2017 $0.50
Dec 27, 2020 $0.50 Mar 2, 2017 $0.50
Jan 3, 2021 $0.50 Mar 2, 2017 $0.50
Jan 10, 2021 $0.50 Mar 2, 2017 $0.50
Jan 17, 2021 $0.50 Mar 2, 2017 $0.50
Jan 24, 2021 $0.50 Mar 2, 2017 $0.50
Jan 31, 2021 $0.50 Mar 2, 2017 $0.50
Feb 7, 2021 $0.50 Mar 2, 2017 $0.50
Feb 14, 2021 $0.50 Mar 2, 2017 $0.50
Feb 21, 2021 $0.50 Mar 2, 2017 $0.50
Feb 28, 2021 $0.50 Mar 2, 2017 $0.50
Mar 7, 2021 $0.50 Mar 2, 2017 $0.50
Mar 14, 2021 $0.50 Mar 2, 2017 $0.50
Mar 21, 2021 $0.50 Mar 2, 2017 $0.50
Mar 28, 2021 $0.50 Mar 2, 2017 $0.50
Apr 4, 2021 $0.50 Mar 2, 2017 $0.50
Apr 11, 2021 $0.50 Mar 2, 2017 $0.50
Apr 18, 2021 $0.50 Mar 2, 2017 $0.50
Apr 25, 2021 $0.50 Mar 2, 2017 $0.50
May 2, 2021 $0.50 Mar 2, 2017 $0.50
May 9, 2021 $0.50 Mar 2, 2017 $0.50
May 16, 2021 $0.50 Mar 2, 2017 $0.50
May 23, 2021 $0.50 Mar 2, 2017 $0.50
May 30, 2021 $0.50 Mar 2, 2017 $0.50
Jun 6, 2021 $0.50 Mar 2, 2017 $0.50
Jun 13, 2021 $0.50 Mar 2, 2017 $0.50
Jun 20, 2021 $0.50 Mar 2, 2017 $0.50
Jun 27, 2021 $0.50 Mar 2, 2017 $0.50
Jul 4, 2021 $0.50 Mar 2, 2017 $0.50
Jul 11, 2021 $183.00 Mar 2, 2017 $35.25
Mar 11, 2017 $147.75

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