Home appliances to stock my shop
Isaac
Asoampa, Prestea, Ghana
100% repaid
Entrepreneur
Name
Isaac
Member since
November 2016
On-time repayments
194 installments • 69%
About Me
My name is Isaac Osam. I completed My Tertiary in 2008. Since then I decided to engage in trade myself. I deal in home appliances like home theater, fridges, microwave, electric iron, ironing board,charcoal iron,standing fans,Tvs ,home theatres etc. I have right from the onset enjoyed doing trade. That is buying and selling of home appliances. I am married with one child. My child is interested in becoming an engineer hence am working my heart out to fulfill that dream. I enjoy reading business books.
My Business
My income source will be from the Home Appliances Shop that i operate. These goods are in great demand in my area. people come from nearby village to purchase these goods. I chose these business because it was in demand after realising people travel for long journey just to purchase these items.the capital for these business is $6000. My profit I use in reinvestment in growing the business and sometimes to support other orphans.
Loan Proposal
This is being sought after to stock more standing fan 18"-$ 30, iron- $50, charcoal iron - $90, TV stands-$135, glass center table- $130, hangers- $30, multi sockets-$50, 3 home theater speakers - $150 , electric blenders - $40 etc for my Home Appliances Shop. This will help my serve my customers all they need. I expect a profit increment from $40 to $50 weekly. Part of the profit will go into repayment and reinvestment.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$952.00
Date disbursed
Aug 25, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
Summary
Amount repaid
$952.14
Amount remaining
$0.00
Date repaid
Oct 26, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 2, 2017 | $35.93 | Aug 31, 2017 | $35.93 |
| Sep 9, 2017 | $57.49 | Sep 9, 2017 | $57.49 |
| Sep 16, 2017 | $57.49 | Sep 16, 2017 | $57.49 |
| Sep 23, 2017 | $57.49 | Sep 26, 2017 | $57.49 |
| Sep 30, 2017 | $57.49 | Sep 30, 2017 | $57.49 |
| Oct 7, 2017 | $57.49 | Oct 9, 2017 | $57.49 |
| Oct 14, 2017 | $95.81 | Oct 16, 2017 | $95.81 |
| Oct 21, 2017 | $143.72 | Oct 19, 2017 | $143.72 |
| Oct 28, 2017 | $143.72 | Oct 19, 2017 | $95.81 |
| Oct 26, 2017 | $47.91 | ||
| Nov 4, 2017 | $143.72 | Oct 26, 2017 | $143.72 |
| Nov 11, 2017 | $101.80 | Oct 26, 2017 | $101.80 |
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