Expansion of my ladies bags business

Hellen

Kumasi, Ghana

25% repaid

Entrepreneur

Name

Hellen

Member since

February 2015

On-time repayments

188 installments  •  20%

About Me

MY STORY
My name is Hellen Adoma Yeboah. I am a 26 year old Ghanaian lady. I am a graduate of the University of Cape Coast. I am the second from a family of five. While in school, I assisted a friend who was into the designing of ladies hand bags with local prints. The quality and the beautiful nature of her products got me really interested and as such I started picking from her and selling on campus. Through committed efforts and dedication, business started booming and I have not looked back ever since. For now all I do is the distribution and sale of these sandals on campuses and some church friends and colleagues. For now however, my aim is to target other campuses in other. I am very entrepreneurial minded and I make the most out of every opportunity that present itself and as such this next step of expansion is a great step for me.

My Business

ABOUT MY BUSINESS
I am in the production and sale of beautiful ladies hand bags made with local prints. I have a lot of styles and design which people love to see and buy every day and this is generating a good profit for me and as such I want to expand my business and expand to other parts of the country and beyond and to also serve as an avenue to employ others who have no work to do. I currently do not have a shop but keep the goods at home and delivers them when contacted by someone for supplies. I however have a huge customer base who are always ready to buy from me.
I would be glad to get this loan to be able to get access to the other regions and also spread my tentacles beyond the shores of Ghana in order to be able to fight the unemployment situation around here and also be able to make good profit so as to be able to pay back. I promise to execute and respect the rules and regulation of this noble institution. Thank you.

Loan Proposal

With the kind of business that i am into, there is always to the need to stay ahead of my competitors by always coming out with innovative designs. one such ways of making beautiful designs is to use good and quality as well as beautiful prints in designing the bags and sandals. with this loan therefore i will buy more prints to be used in producing the products. one other expansion line i am looking at is to buy a cutting machine to replace the old one. this machine cost around 200 dollars in the local market.
this will afford me the opportunity to be able to produce more bags and sandals for sale which will in turn bring in more profit for expansion and also cater for my family and myself.
as i did with my previous loan, i am willing to abide by all terms and conditions,
thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Jul 6, 2015

Repayment status

Late

Projected term

40 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$56.25

Amount remaining

$170.50

Expected completion

Oct 28, 2018

Status

Repaying late

Installment amount

$1.25

Repayment History

Expected Payments Actual Payments
Jul 19, 2015 $13.75 Jul 20, 2015 $13.75
Jul 26, 2015 $1.25 Aug 12, 2015 $1.25
Aug 2, 2015 $1.25 Aug 12, 2015 $1.25
Aug 9, 2015 $1.25 Aug 12, 2015 $1.25
Aug 16, 2015 $1.25 Aug 12, 2015 $1.25
Aug 23, 2015 $1.25 Aug 24, 2015 $1.25
Aug 30, 2015 $1.25 Aug 24, 2015 $1.25
Sep 6, 2015 $1.25 Oct 23, 2015 $1.25
Sep 13, 2015 $1.25 Oct 23, 2015 $1.25
Sep 20, 2015 $1.25 Oct 23, 2015 $1.25
Sep 27, 2015 $1.25 Oct 23, 2015 $1.25
Oct 4, 2015 $1.25 Oct 23, 2015 $1.25
Oct 11, 2015 $1.25 Oct 23, 2015 $1.25
Oct 18, 2015 $1.25 Oct 23, 2015 $1.25
Oct 25, 2015 $1.25 Nov 17, 2015 $1.25
Nov 1, 2015 $1.25 Nov 17, 2015 $1.25
Nov 8, 2015 $1.25 Nov 17, 2015 $1.25
Nov 15, 2015 $1.25 Nov 17, 2015 $1.25
Nov 22, 2015 $1.25 Nov 17, 2015 $1.25
Nov 29, 2015 $1.25 Nov 17, 2015 $1.25
Dec 6, 2015 $1.25 Nov 17, 2015 $1.25
Dec 13, 2015 $1.25 Nov 17, 2015 $1.25
Dec 20, 2015 $1.25 Nov 17, 2015 $1.25
Dec 27, 2015 $1.25 Jan 31, 2016 $1.25
Jan 3, 2016 $1.25 Jan 31, 2016 $1.25
Jan 10, 2016 $1.25 Jan 31, 2016 $1.25
Jan 17, 2016 $1.25 Jan 31, 2016 $1.25
Jan 24, 2016 $1.25 Jan 31, 2016 $1.25
Jan 31, 2016 $1.25 Jan 31, 2016 $1.25
Feb 7, 2016 $1.25 Jan 31, 2016 $1.25
Feb 14, 2016 $1.25 Feb 19, 2016 $1.25
Feb 21, 2016 $1.25 Feb 19, 2016 $1.25
Feb 28, 2016 $1.25 Feb 19, 2016 $1.25
Mar 6, 2016 $1.25 Feb 19, 2016 $1.25
Mar 13, 2016 $1.25 Feb 19, 2016 $1.25
Mar 20, 2016 $1.25
Mar 27, 2016 $1.25
Apr 3, 2016 $1.25
Apr 10, 2016 $1.25
Apr 17, 2016 $1.25
Apr 24, 2016 $1.25
May 1, 2016 $1.25
May 8, 2016 $1.25
May 15, 2016 $1.25
May 22, 2016 $1.25
May 29, 2016 $1.25
Jun 5, 2016 $1.25
Jun 12, 2016 $1.25
Jun 19, 2016 $1.25
Jun 26, 2016 $1.25
Jul 3, 2016 $1.25
Jul 10, 2016 $1.25
Jul 17, 2016 $1.25
Jul 24, 2016 $1.25
Jul 31, 2016 $1.25
Aug 7, 2016 $1.25
Aug 14, 2016 $1.25
Aug 21, 2016 $1.25
Aug 28, 2016 $1.25
Sep 4, 2016 $1.25
Sep 11, 2016 $1.25
Sep 18, 2016 $1.25
Sep 25, 2016 $1.25
Oct 2, 2016 $1.25
Oct 9, 2016 $1.25
Oct 16, 2016 $1.25
Oct 23, 2016 $1.25
Oct 30, 2016 $1.25
Nov 6, 2016 $1.25
Nov 13, 2016 $1.25
Nov 20, 2016 $1.25
Nov 27, 2016 $1.25
Dec 4, 2016 $1.25
Dec 11, 2016 $1.25
Dec 18, 2016 $1.25
Dec 25, 2016 $1.25
Jan 1, 2017 $1.25
Jan 8, 2017 $1.25
Jan 15, 2017 $1.25
Jan 22, 2017 $1.25
Jan 29, 2017 $1.25
Feb 5, 2017 $1.25
Feb 12, 2017 $1.25
Feb 19, 2017 $1.25
Feb 26, 2017 $1.25
Mar 5, 2017 $1.25
Mar 12, 2017 $1.25
Mar 19, 2017 $1.25
Mar 26, 2017 $1.25
Apr 2, 2017 $1.25
Apr 9, 2017 $1.25
Apr 16, 2017 $1.25
Apr 23, 2017 $1.25
Apr 30, 2017 $1.25
May 7, 2017 $1.25
May 14, 2017 $1.25
May 21, 2017 $1.25
May 28, 2017 $1.25
Jun 4, 2017 $1.25
Jun 11, 2017 $1.25
Jun 18, 2017 $1.25
Jun 25, 2017 $1.25
Jul 2, 2017 $1.25
Jul 9, 2017 $1.25
Jul 16, 2017 $1.25
Jul 23, 2017 $1.25
Jul 30, 2017 $1.25
Aug 6, 2017 $1.25
Aug 13, 2017 $1.25
Aug 20, 2017 $1.25
Aug 27, 2017 $1.25
Sep 3, 2017 $1.25
Sep 10, 2017 $1.25
Sep 17, 2017 $1.25
Sep 24, 2017 $1.25
Oct 1, 2017 $1.25
Oct 8, 2017 $1.25
Oct 15, 2017 $1.25
Oct 22, 2017 $1.25
Oct 29, 2017 $1.25
Nov 5, 2017 $1.25
Nov 12, 2017 $1.25
Nov 19, 2017 $1.25
Nov 26, 2017 $1.25
Dec 3, 2017 $1.25
Dec 10, 2017 $1.25
Dec 17, 2017 $1.25
Dec 24, 2017 $1.25
Dec 31, 2017 $1.25
Jan 7, 2018 $1.25
Jan 14, 2018 $1.25
Jan 21, 2018 $1.25
Jan 28, 2018 $1.25
Feb 4, 2018 $1.25
Feb 11, 2018 $1.25
Feb 18, 2018 $1.25
Feb 25, 2018 $1.25
Mar 4, 2018 $1.25
Mar 11, 2018 $1.25
Mar 18, 2018 $1.25
Mar 25, 2018 $1.25
Apr 1, 2018 $1.25
Apr 8, 2018 $1.25
Apr 15, 2018 $1.25
Apr 22, 2018 $1.25
Apr 29, 2018 $1.25
May 6, 2018 $1.25
May 13, 2018 $1.25
May 20, 2018 $1.25
May 27, 2018 $1.25
Jun 3, 2018 $1.25
Jun 10, 2018 $1.25
Jun 17, 2018 $1.25
Jun 24, 2018 $1.25
Jul 1, 2018 $1.25
Jul 8, 2018 $1.25
Jul 15, 2018 $1.25
Jul 22, 2018 $1.25
Jul 29, 2018 $1.25
Aug 5, 2018 $1.25
Aug 12, 2018 $1.25
Aug 19, 2018 $1.25
Aug 26, 2018 $1.25
Sep 2, 2018 $1.25
Sep 9, 2018 $1.25
Sep 16, 2018 $1.25
Sep 23, 2018 $1.25
Sep 30, 2018 $1.25
Oct 7, 2018 $1.25
Oct 14, 2018 $1.25
Oct 21, 2018 $1.25
Oct 28, 2018 $0.50

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