Entrepreneur
Name
Samuel
Member since
September 2017
On-time repayments
173 installments • 54%
About Me
I have been raised to with hardships from childhood. My father did not have a formal income during our upbringing. I was born in a family of five, two brothers and two sisters.
My parents used to pay just a fraction of my school fees forcing me to have frequent absenteeism from school. It is only by grace that I managed to complete primary school.
I enrolled in a mission day high school. Even in high school i was absent in most of the times due to lack of school fees. I used my part time to work and raise school fees.
I worked for a chain store after graduating from high school. I worked for three years to raise my university fees which I joined in 2014 to study business and economics online.
After graduating in 2016, I started a cosmetics venture with the savings I had made. My cosmetics business is fairing well. However, I want to expand it to create employment for the needy.
I have chosen cosmetics business because it targets ladies. Also, ladies like beauty products so they can provide a good market for my business.
I have employed a single mother to enable her raise her children from the salary she gets from my business. I want to impact on more needy people like her.
Also, I am supporting an orphan with school fees. I would like to empower youth through creating employment for them.
My Business
I sourced the capital for my current business from my past savings. I deal with beauty products and boutique.
These products are always in demand because ladies provide a great market owing to their behavior of going with current fashion.
I raised 130 US $ in my last loan which has helped me to grow my cosmetics business. My budiness is worth 3000 US $.
I need to raise 400US $ to grow my business by increasing stock and generate more profits for my growing demands. Also, I will use the profits to create more employment for the youths.
I currently have190 US$ and intend to raise 210 US$ through Zidisha. I have hired a youth who assist in running my business and she is able to save for her future from the salary that I pay her.
- I will buy braids and weaves because I have realized that they are in demand.
I intend to buy twelve types of hair weaves each two pieces at a cost of 70US $
-I will buy braided artificial hair 400PCs at a cost of 100US$. Braids are always on demand and
therefore I need to stock them well.
- I will spend 20US $ to pay for transportation of that stock.
- will spend 20 US $ to pay for business license.
I expect this loan to boost my business profits by 35%
I wantto help other people in our community develop economically by creating more employment.
To achieve this, I will use profits from my business to enlarge it so that I can create more employment for the youth.
I will also spend Part of my profits to pay for an orphan school fees.
Loan Proposal
I intend to raise 210 US $. I will buy hair braids and weaves for my cosmetics business.
With this loan I will buy about seventy two pieces of hair weaves.
I intend to buy about 400 pieces of braids. Also, I will pay for transport.
Feedback
Positive
None
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$206.00
Date disbursed
Jun 24, 2019
Repayment status
Late
Projected term
23 months
Other loans
Lenders
Gold River, Canada
Norway
United States
Germany
St. John's, Canada
United States
Summary
Amount repaid
$56.66
Amount remaining
$150.28
Expected completion
May 20, 2021
Status
Repaying late
Installment amount
$10.35
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 4, 2019 | $17.24 | Jul 4, 2019 | $17.24 |
| Jul 11, 2019 | $1.97 | Jul 11, 2019 | $1.97 |
| Jul 18, 2019 | $1.97 | Jul 27, 2019 | $1.97 |
| Jul 25, 2019 | $1.97 | Aug 31, 2019 | $1.97 |
| Aug 1, 2019 | $0.00 | ||
| Aug 8, 2019 | $0.00 | ||
| Aug 15, 2019 | $0.00 | ||
| Aug 22, 2019 | $0.00 | ||
| Aug 29, 2019 | $0.00 | ||
| Sep 5, 2019 | $0.99 | Oct 13, 2019 | $0.99 |
| Sep 12, 2019 | $0.99 | Oct 13, 2019 | $0.99 |
| Sep 19, 2019 | $0.99 | Oct 13, 2019 | $0.99 |
| Sep 26, 2019 | $0.99 | Oct 13, 2019 | $0.99 |
| Oct 3, 2019 | $0.99 | Oct 18, 2019 | $0.99 |
| Oct 10, 2019 | $3.94 | Oct 25, 2019 | $0.99 |
| Nov 4, 2019 | $0.99 | ||
| Nov 14, 2019 | $1.97 | ||
| Oct 17, 2019 | $0.00 | ||
| Oct 24, 2019 | $0.00 | ||
| Oct 31, 2019 | $0.00 | ||
| Nov 7, 2019 | $0.00 | ||
| Nov 14, 2019 | $0.00 | ||
| Nov 21, 2019 | $0.99 | Nov 22, 2019 | $0.99 |
| Nov 28, 2019 | $0.99 | Dec 5, 2019 | $0.99 |
| Dec 5, 2019 | $0.99 | Dec 5, 2019 | $0.99 |
| Dec 12, 2019 | $0.99 | Dec 20, 2019 | $0.99 |
| Dec 19, 2019 | $0.99 | Dec 20, 2019 | $0.99 |
| Dec 26, 2019 | $1.97 | Dec 27, 2019 | $1.97 |
| Jan 2, 2020 | $1.97 | Jan 17, 2020 | $1.97 |
| Jan 9, 2020 | $1.97 | Jan 17, 2020 | $1.97 |
| Jan 16, 2020 | $0.00 | ||
| Jan 23, 2020 | $0.00 | ||
| Jan 30, 2020 | $0.00 | ||
| Feb 6, 2020 | $0.00 | ||
| Feb 13, 2020 | $0.00 | ||
| Feb 20, 2020 | $1.48 | Feb 20, 2020 | $1.48 |
| Feb 27, 2020 | $1.48 | Feb 28, 2020 | $1.48 |
| Mar 5, 2020 | $0.00 | ||
| Mar 12, 2020 | $0.00 | ||
| Mar 19, 2020 | $0.00 | ||
| Mar 26, 2020 | $0.00 | ||
| Apr 2, 2020 | $0.99 | Apr 5, 2020 | $0.99 |
| Apr 9, 2020 | $0.99 | Apr 5, 2020 | $0.99 |
| Apr 16, 2020 | $0.00 | ||
| Apr 23, 2020 | $0.00 | ||
| Apr 30, 2020 | $0.00 | ||
| May 7, 2020 | $0.00 | ||
| May 14, 2020 | $0.00 | ||
| May 21, 2020 | $0.00 | ||
| May 28, 2020 | $0.50 | Jul 7, 2020 | $0.50 |
| Jun 4, 2020 | $0.48 | Jul 7, 2020 | $0.48 |
| Jun 11, 2020 | $0.00 | ||
| Jun 18, 2020 | $0.00 | ||
| Jun 25, 2020 | $0.00 | ||
| Jul 2, 2020 | $0.00 | ||
| Jul 9, 2020 | $0.00 | ||
| Jul 16, 2020 | $0.50 | Jul 25, 2020 | $0.50 |
| Jul 23, 2020 | $0.50 | Aug 18, 2020 | $0.49 |
| Aug 18, 2020 | $0.01 | ||
| Jul 30, 2020 | $0.50 | Aug 18, 2020 | $0.50 |
| Aug 6, 2020 | $0.50 | Aug 18, 2020 | $0.47 |
| Aug 20, 2020 | $0.03 | ||
| Aug 13, 2020 | $0.50 | Aug 20, 2020 | $0.46 |
| Sep 2, 2020 | $0.04 | ||
| Aug 20, 2020 | $0.46 | Sep 2, 2020 | $0.46 |
| Aug 27, 2020 | $0.00 | ||
| Sep 3, 2020 | $0.00 | ||
| Sep 10, 2020 | $0.50 | Sep 19, 2020 | $0.50 |
| Sep 17, 2020 | $0.00 | ||
| Sep 24, 2020 | $0.00 | ||
| Oct 1, 2020 | $0.00 | ||
| Oct 8, 2020 | $0.00 | ||
| Oct 15, 2020 | $0.01 | Oct 17, 2020 | $0.01 |
| Oct 22, 2020 | $0.00 | ||
| Oct 29, 2020 | $0.00 | ||
| Nov 5, 2020 | $0.00 | ||
| Nov 12, 2020 | $0.00 | ||
| Nov 19, 2020 | $0.00 | ||
| Nov 26, 2020 | $0.01 | Nov 24, 2020 | $0.01 |
| Dec 3, 2020 | $0.01 | Dec 2, 2020 | $0.01 |
| Dec 10, 2020 | $0.01 | Dec 12, 2020 | $0.01 |
| Dec 17, 2020 | $0.01 | Dec 19, 2020 | $0.01 |
| Dec 24, 2020 | $0.01 | Jan 2, 2021 | $0.01 |
| Dec 31, 2020 | $0.40 | Jan 2, 2021 | $0.01 |
| Jan 4, 2021 | $0.20 | ||
| Jan 9, 2021 | $0.20 | ||
| Jan 7, 2021 | $0.00 | ||
| Jan 14, 2021 | $0.00 | ||
| Jan 21, 2021 | $0.00 | ||
| Jan 28, 2021 | $0.99 | Mar 8, 2021 | $0.99 |
| Feb 4, 2021 | $0.00 | ||
| Feb 11, 2021 | $0.00 | ||
| Feb 18, 2021 | $0.00 | ||
| Feb 25, 2021 | $0.00 | ||
| Mar 4, 2021 | $0.00 | ||
| Mar 11, 2021 | $10.35 | Jan 21, 2022 | $0.99 |
| Feb 24, 2022 | $1.97 | ||
| Mar 18, 2021 | $10.35 | ||
| Mar 25, 2021 | $10.35 | ||
| Apr 1, 2021 | $10.35 | ||
| Apr 8, 2021 | $10.35 | ||
| Apr 15, 2021 | $17.24 | ||
| Apr 22, 2021 | $17.24 | ||
| Apr 29, 2021 | $17.24 | ||
| May 6, 2021 | $17.24 | ||
| May 13, 2021 | $17.24 | ||
| May 20, 2021 | $15.27 | ||
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