Wholesale supply of palm oil for my market stand
Millicent
Odorkor, Ghana
$0 to go
100% funded of $395 goal
0
days left
Entrepreneur
Name
Millicent
Member since
November 2014
On-time repayments
99 installments • 24%
About Me
My name is Millicent Ashong .l live in Odorkor , an area in Accra. lam 23years old.l completed primary school and continue to have Junior Secondary School Certificate.My parent are Mr and Mrs Ashong l grew up with five siblings l am married and has a daughter . my child is going to school. l married my husband, Emmanuel last 4 years . l have set up small business which l sell local palm oil to my customers.l started this business because l want to support my husband so that he can
provide basic needs for my children. l do not want my husband alone be a main earner in the household. l used my earnings to pay my child school fees and save some for my business. l like watching movies, soccer and reading books. l dislike people who are not hard workers.Since l did not go to university l want to work hard in my business so that l will send my children to college.
My Business
l sells Palm oil to local people in the market. l buy all my Palm Oil products from the wholesalers. l have been doing this for3 years. l earn approximately GHC 500 per month (about $155) from this business. The demand are very high and now days l can hardly manage my household expenses with my income. l wants to expand my business so l can enjoy a better life and support my husband to provide basic needs for our children.. l am happy that l am self -employed and can contribute to my family’s livelihood.
As well as changing my family’s situation, l want to apply for a loan to visit a wholesale shop and buy Palm Oil in bigger quantities and also at a discount. This will enable me to increase my profits.
Loan Proposal
l would like to take this opportunity to Thank Zidisha and Lenders very much for given me another chance to apply my third loan. my second loan help my business a lot.
l buy all my Palm oil products from the wholesalers. l apply for this third loan from Zidisha Microfinance to visit a wholesale shop and buy the Palm oil in bigger quantities and also at a discount. This will enable me to increase my profits and income. l want to expand my business so l and my children can enjoy a better life. l will be able to repay the loan because l make profit in the business and l do believe that with this loan my income and profit will increase. l will add the loan to my savings so that l buy two bulk of palm oil. one is cost about GHC865($212) and used GHC73 ($18) to buy bottles for my oil business. Thank you .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$395.00
Date disbursed
Sep 16, 2015
Repayment status
Late
Projected term
14 months
Other loans
Lenders
Austin, United States
Belfast, United Kingdom
Beaverton, United States
Denver, United States
United States
United States
United States
United States
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Summary
Amount repaid
$0.00
Amount remaining
$383.25
Expected completion
Nov 27, 2016
Status
Repaying late
Installment amount
$6.25
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 27, 2015 | $6.25 | ||
| Oct 4, 2015 | $6.25 | ||
| Oct 11, 2015 | $6.25 | ||
| Oct 18, 2015 | $6.25 | ||
| Oct 25, 2015 | $6.25 | ||
| Nov 1, 2015 | $6.25 | ||
| Nov 8, 2015 | $6.25 | ||
| Nov 15, 2015 | $6.25 | ||
| Nov 22, 2015 | $6.25 | ||
| Nov 29, 2015 | $6.25 | ||
| Dec 6, 2015 | $6.25 | ||
| Dec 13, 2015 | $6.25 | ||
| Dec 20, 2015 | $6.25 | ||
| Dec 27, 2015 | $6.25 | ||
| Jan 3, 2016 | $6.25 | ||
| Jan 10, 2016 | $6.25 | ||
| Jan 17, 2016 | $6.25 | ||
| Jan 24, 2016 | $6.25 | ||
| Jan 31, 2016 | $6.25 | ||
| Feb 7, 2016 | $6.25 | ||
| Feb 14, 2016 | $6.25 | ||
| Feb 21, 2016 | $6.25 | ||
| Feb 28, 2016 | $6.25 | ||
| Mar 6, 2016 | $6.25 | ||
| Mar 13, 2016 | $6.25 | ||
| Mar 20, 2016 | $6.25 | ||
| Mar 27, 2016 | $6.25 | ||
| Apr 3, 2016 | $6.25 | ||
| Apr 10, 2016 | $6.25 | ||
| Apr 17, 2016 | $6.25 | ||
| Apr 24, 2016 | $6.25 | ||
| May 1, 2016 | $6.25 | ||
| May 8, 2016 | $6.25 | ||
| May 15, 2016 | $6.25 | ||
| May 22, 2016 | $6.25 | ||
| May 29, 2016 | $6.25 | ||
| Jun 5, 2016 | $6.25 | ||
| Jun 12, 2016 | $6.25 | ||
| Jun 19, 2016 | $6.25 | ||
| Jun 26, 2016 | $6.25 | ||
| Jul 3, 2016 | $6.25 | ||
| Jul 10, 2016 | $6.25 | ||
| Jul 17, 2016 | $6.25 | ||
| Jul 24, 2016 | $6.25 | ||
| Jul 31, 2016 | $6.25 | ||
| Aug 7, 2016 | $6.25 | ||
| Aug 14, 2016 | $6.25 | ||
| Aug 21, 2016 | $6.25 | ||
| Aug 28, 2016 | $6.25 | ||
| Sep 4, 2016 | $6.25 | ||
| Sep 11, 2016 | $6.25 | ||
| Sep 18, 2016 | $6.25 | ||
| Sep 25, 2016 | $6.25 | ||
| Oct 2, 2016 | $6.25 | ||
| Oct 9, 2016 | $6.25 | ||
| Oct 16, 2016 | $6.25 | ||
| Oct 23, 2016 | $6.25 | ||
| Oct 30, 2016 | $6.25 | ||
| Nov 6, 2016 | $6.25 | ||
| Nov 13, 2016 | $6.25 | ||
| Nov 20, 2016 | $6.25 | ||
| Nov 27, 2016 | $2.00 | ||
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