Name
Isaac
Member since
September 2015
On-time repayments
77 installments • 66%
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.
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.
Term: One week
Sandals
Purchases : sales
Stock Sandal Quantity: 10 pairs
Quantity 10.00 Selling price / pair $16.50
Unit price $12,50
Total $125.00 Total Sales 165.00
Transport $5.00
Total $ 130 Profit : $ 35.00
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$74.00
Date disbursed
Feb 10, 2017
Repayment status
On Time
Projected term
3 months
Other loans
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Amount repaid
$74.04
Amount remaining
$0.00
Date repaid
Jun 1, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 23, 2017 | $4.75 | Feb 23, 2017 | $4.75 |
Mar 2, 2017 | $4.75 | Mar 2, 2017 | $4.75 |
Mar 9, 2017 | $4.75 | Mar 9, 2017 | $4.75 |
Mar 16, 2017 | $4.75 | Mar 16, 2017 | $4.75 |
Mar 23, 2017 | $4.75 | Mar 23, 2017 | $4.75 |
Mar 30, 2017 | $4.75 | Apr 6, 2017 | $4.75 |
Apr 6, 2017 | $4.75 | Apr 6, 2017 | $4.75 |
Apr 13, 2017 | $4.75 | Apr 13, 2017 | $4.75 |
Apr 20, 2017 | $4.75 | Apr 20, 2017 | $4.75 |
Apr 27, 2017 | $4.75 | Apr 27, 2017 | $4.75 |
May 4, 2017 | $4.75 | May 11, 2017 | $4.75 |
May 11, 2017 | $4.75 | May 11, 2017 | $4.75 |
May 18, 2017 | $4.75 | May 25, 2017 | $4.75 |
May 25, 2017 | $4.75 | May 25, 2017 | $4.75 |
Jun 1, 2017 | $4.75 | Jun 1, 2017 | $4.75 |
Jun 8, 2017 | $2.85 | Jun 1, 2017 | $2.85 |
Margaret Jun 6, 2017
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