Expansion of cosmetic shop

Isaac

Nsuatre, Ghana

35% repaid

Entrepreneur

Name

Isaac

Member since

June 2015

On-time repayments

176 installments  •  20%

About Me

my name is Yeboah Isaac, a 38 year old from Nsuatre in the Brong Ahafo Region of Ghana. i had my basic education at Nsuatre Presby Junior High School. i had a further education at UEW, Winneba. currently, i am teacher at mpatasie presby. i run a retail shop in cosmetics. A married man with two kids. my hobbies are playing games and running any gainful business.As such i love running my business with keen eyes.i was weeding peolpe farms for money to cater for my education ,my wife and my kids ,i started this business because of the hardship i found myself, my community people love different kinds of foods such rice and stew ,banku ,fufu and dresses such as kente tee shirt and also love visiters. my children want to enage in business in future just they love it as l am i used to play ludo with my friends during my leisure time and also have discussions with businessmen on business issues .example on how to run a business without lost.

My Business

i sell costmetic products in my community these products are very useful in human life.one cannot do away without these pomades or creams that i sell.people rash for my products because it helps them get fresh skin and look good.i chose this business because i love it and l am told the capital one will gain from it ,also to make people look fresh.l started with little amount ie to say about $250 and has earn a capital of about $600 recently .with the profits i gain from business i use for my children school ,home expenses, cater for the needy and reinvestment in growing the business .the profits i will gain in this loan will help me do what have been stated above as well as repaying the loan if given me

Loan Proposal

The loan which is being sought will be used for the expansion of my cosmetic shop. The money will be used to buy cosmetic products such as creams, soaps, perfumes and braids of different kinds(noble hair ,obaa sima hair, obaapa hair). Liquid soaps of different kinds( goatmilk, irish spring,shampoos of all kind),hair relaxers and retarching creams(ub hair cream, b.o.16,mvp, dark and lovely) part of the money will be used for making shelves that will house these priducts. Since these goods are in short supply, i dont make enough profit. But when i get the loan and acquire these products for sale , it will boost my profit by about 5%,after paying all bills including taxes.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$285.00

Date disbursed

Jun 11, 2016

Repayment status

Late

Projected term

33 months

Lenders

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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Summary

Amount repaid

$105.72

Amount remaining

$193.56

Expected completion

Mar 3, 2019

Status

Repaying late

Installment amount

$1.58

Repayment History

Expected Payments Actual Payments
Jun 19, 2016 $21.30 Jun 20, 2016 $21.30
Jun 26, 2016 $21.30 Jun 27, 2016 $21.30
Jul 3, 2016 $0.00
Jul 10, 2016 $13.15 Jul 12, 2016 $13.15
Jul 17, 2016 $13.15 Jul 17, 2016 $13.15
Jul 24, 2016 $0.00
Jul 31, 2016 $5.26 Jul 30, 2016 $5.26
Aug 7, 2016 $5.26 Aug 30, 2016 $5.26
Aug 14, 2016 $5.26 Aug 30, 2016 $5.26
Aug 21, 2016 $5.26 Aug 30, 2016 $5.26
Aug 28, 2016 $5.26 Aug 30, 2016 $5.26
Sep 4, 2016 $5.26 Sep 1, 2016 $5.26
Sep 11, 2016 $0.00
Sep 18, 2016 $0.00
Sep 25, 2016 $0.00
Oct 2, 2016 $0.00
Oct 9, 2016 $0.00
Oct 16, 2016 $0.00
Oct 23, 2016 $0.00
Oct 30, 2016 $1.31 Nov 21, 2016 $1.31
Nov 6, 2016 $1.31 Nov 21, 2016 $1.31
Nov 13, 2016 $1.31 Nov 5, 2018 $1.31
Nov 20, 2016 $1.31 Nov 5, 2018 $1.31
Nov 27, 2016 $0.00
Dec 4, 2016 $0.00
Dec 11, 2016 $0.00
Dec 18, 2016 $0.00
Dec 25, 2016 $0.00
Jan 1, 2017 $0.00
Jan 8, 2017 $0.00
Jan 15, 2017 $0.00
Jan 22, 2017 $0.00
Jan 29, 2017 $0.00
Feb 5, 2017 $0.00
Feb 12, 2017 $0.00
Feb 19, 2017 $0.00
Feb 26, 2017 $0.00
Mar 5, 2017 $0.00
Mar 12, 2017 $0.00
Mar 19, 2017 $0.00
Mar 26, 2017 $0.00
Apr 2, 2017 $0.00
Apr 9, 2017 $0.00
Apr 16, 2017 $0.00
Apr 23, 2017 $0.00
Apr 30, 2017 $0.00
May 7, 2017 $0.00
May 14, 2017 $0.00
May 21, 2017 $0.00
May 28, 2017 $0.00
Jun 4, 2017 $0.00
Jun 11, 2017 $0.00
Jun 18, 2017 $0.00
Jun 25, 2017 $0.00
Jul 2, 2017 $0.00
Jul 9, 2017 $0.00
Jul 16, 2017 $0.00
Jul 23, 2017 $0.00
Jul 30, 2017 $0.00
Aug 6, 2017 $0.00
Aug 13, 2017 $0.00
Aug 20, 2017 $0.00
Aug 27, 2017 $0.00
Sep 3, 2017 $0.00
Sep 10, 2017 $0.00
Sep 17, 2017 $0.00
Sep 24, 2017 $0.00
Oct 1, 2017 $0.00
Oct 8, 2017 $0.00
Oct 15, 2017 $0.00
Oct 22, 2017 $0.00
Oct 29, 2017 $0.00
Nov 5, 2017 $0.00
Nov 12, 2017 $0.00
Nov 19, 2017 $0.00
Nov 26, 2017 $0.00
Dec 3, 2017 $0.00
Dec 10, 2017 $0.00
Dec 17, 2017 $0.00
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $0.00
Jan 14, 2018 $0.00
Jan 21, 2018 $0.00
Jan 28, 2018 $0.00
Feb 4, 2018 $0.00
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $0.00
Mar 4, 2018 $0.00
Mar 11, 2018 $0.00
Mar 18, 2018 $0.00
Mar 25, 2018 $0.00
Apr 1, 2018 $0.00
Apr 8, 2018 $0.00
Apr 15, 2018 $0.00
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $0.00
May 13, 2018 $0.00
May 20, 2018 $0.00
May 27, 2018 $0.00
Jun 3, 2018 $0.00
Jun 10, 2018 $0.00
Jun 17, 2018 $0.00
Jun 24, 2018 $0.00
Jul 1, 2018 $0.00
Jul 8, 2018 $0.00
Jul 15, 2018 $0.00
Jul 22, 2018 $0.00
Jul 29, 2018 $0.00
Aug 5, 2018 $0.00
Aug 12, 2018 $0.00
Aug 19, 2018 $0.00
Aug 26, 2018 $0.00
Sep 2, 2018 $0.00
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $0.00
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $0.00
Dec 2, 2018 $1.58
Dec 9, 2018 $1.58
Dec 16, 2018 $1.58
Dec 23, 2018 $1.58
Dec 30, 2018 $1.58
Jan 6, 2019 $21.30
Jan 13, 2019 $21.30
Jan 20, 2019 $21.30
Jan 27, 2019 $21.30
Feb 3, 2019 $21.30
Feb 10, 2019 $21.30
Feb 17, 2019 $21.30
Feb 24, 2019 $21.30
Mar 3, 2019 $15.25

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