Entrepreneur
Name
Yeboah
Member since
August 2015
On-time repayments
146 installments • 82%
About Me
It all started when I have to stop my university education due to money issue as the person who is paying for my school fees said he can't afford anymore so my parent have to continue from where he has left it. After this incident I went for loan and started this business on my own which I have paid it back without owning them. I want to put my business on the next level by creating a website for it so that I can reach millions of people, thus joining the online selling. I want a future where my kids will enjoy better education and to be best of what they believe in. Now I've been teaching myself how to develop Android app. So that I can develop one for my work soon.
My Business
Am into selling of executive shoes. It is mostly used by the working class and occasionally used by non working class. In my society it represent decency and gentleness. I earn profit from it as I buy it at wholesale price and sell it to my customers to earn a profit from it. I can buy a shoe of 150ghc and sold it at 250-300ghc to earn a living. I incur cost like electricity, transportation and rent. But my cashflow outweigh my cost
Loan Proposal
I will use it to buy all kinds of sandals to resell them to earn profit from it. Is new business I've started and people are in need of this sandals to make them look nice so am hope to increase my profit margin by 8%. The profit will be reinvest into the business.
Feedback
Positive
5
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$67.00
Date disbursed
Oct 21, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$66.25
Amount remaining
$0.00
Date repaid
Dec 6, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 29, 2017 | $11.62 | Nov 2, 2017 | $11.62 |
| Nov 5, 2017 | $11.62 | Nov 2, 2017 | $11.62 |
| Nov 12, 2017 | $11.62 | Nov 25, 2017 | $11.62 |
| Nov 19, 2017 | $11.62 | Dec 6, 2017 | $11.62 |
| Nov 26, 2017 | $11.62 | Dec 6, 2017 | $11.62 |
| Dec 3, 2017 | $8.14 | Dec 6, 2017 | $8.14 |
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