Entrepreneur
Name
Isaac
Member since
September 2015
On-time repayments
77 installments • 66%
About Me
I am Isaac Amekeh , the 10th child in a family of 11
My old father and mother understood the importance of formal education but could not raise enough funds to look after my brothers and me. As result I work hard on the farm to raise enough money to finance my education up to Secondary school. I later trained as a mason and have worked for these 7 years.
The need to create a secondary source of income to fend for my nephews and nieces has compelled me to take to dealing in sandals when I have no new site to work on.
My Business
I deal in brand news sandals.
People need these sandals to look presentable when they attend ocasions
The demand is high seeing no one would do away with footwear.
I buy them from a local manufacturer anmd have to pay transportation to convey them to the stall where I display it.
The proceeds are used to pay school fees and to feed my children and nephews.
Part of the profit goes into growing the same business.
Loan Proposal
Purchase of Stock:
Term : 2 weeks
A-Cost:
6 pairs of Sandal- $10.00x6 : $60.00
6 pairs of shoe $ 10.00x6 : $60.00 $ 120.00
B- Sales
6 pairs of Sandal $ 15.00x 6 $ 90.00
6 paiirs of Shoe $ 15.00x6 $ 90.00 $180.00
Profit $180.00-$ 120.00 $ 60.00
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$116.00
Date disbursed
Jun 12, 2017
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Isaac a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$115.69
Amount remaining
$0.00
Date repaid
Sep 11, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 22, 2017 | $4.79 | Jun 22, 2017 | $4.79 |
| Jun 29, 2017 | $4.79 | Jun 29, 2017 | $4.79 |
| Jul 6, 2017 | $4.79 | Jul 6, 2017 | $4.79 |
| Jul 13, 2017 | $4.79 | Jul 13, 2017 | $4.79 |
| Jul 20, 2017 | $4.79 | Jul 20, 2017 | $4.79 |
| Jul 27, 2017 | $4.79 | Jul 27, 2017 | $4.79 |
| Aug 3, 2017 | $4.79 | Aug 3, 2017 | $4.79 |
| Aug 10, 2017 | $4.79 | Aug 10, 2017 | $4.79 |
| Aug 17, 2017 | $4.79 | Aug 31, 2017 | $4.79 |
| Aug 24, 2017 | $4.79 | Aug 31, 2017 | $4.79 |
| Aug 31, 2017 | $4.79 | Aug 31, 2017 | $4.79 |
| Sep 7, 2017 | $4.79 | Sep 7, 2017 | $4.79 |
| Sep 14, 2017 | $4.79 | Sep 7, 2017 | $4.79 |
| Sep 21, 2017 | $4.79 | Sep 7, 2017 | $4.79 |
| Sep 28, 2017 | $4.79 | Sep 7, 2017 | $4.79 |
| Oct 5, 2017 | $4.79 | Sep 7, 2017 | $4.79 |
| Oct 12, 2017 | $4.79 | Sep 11, 2017 | $4.79 |
| Oct 19, 2017 | $4.79 | Sep 11, 2017 | $4.79 |
| Oct 26, 2017 | $4.79 | Sep 11, 2017 | $4.79 |
| Nov 2, 2017 | $4.79 | Sep 11, 2017 | $4.79 |
| Nov 9, 2017 | $4.79 | Sep 11, 2017 | $4.79 |
| Nov 16, 2017 | $4.79 | Sep 11, 2017 | $4.79 |
| Nov 23, 2017 | $4.79 | Sep 11, 2017 | $4.79 |
| Nov 30, 2017 | $4.79 | Sep 11, 2017 | $4.79 |
| Dec 7, 2017 | $0.72 | Sep 11, 2017 | $0.72 |
Margaret Jun 6, 2017
Loading...