Loan to buy more products to sell at my store

Victor

Berekum, Ghana

71% repaid

Entrepreneur

Name

Victor

Member since

June 2017

On-time repayments

113 installments  •  24%

About Me

My name is Victor Ntim from Mampong Ashanti. Am twenty year of age. I have completed senior high school.I am in the family of six. My parents, three sisters and I. After completion, I entered into Provision store bussiness. I am now a business man with an estimated some of eight hundred dollars.
I am taking care of my two sisters in high school since my parents are two aged. I have married with one child.

My Business

I started my business when I was seventeen years old. I started the business after completion of senior high school. I started the business with a capital of hundred dollars.
I used that capital to buy these items :toffees, biscuits, sugar, rubber, etc.
I used the rest of the money to hire a container.
Intinially, business was not going well but later, things started going on well.
Now, I can boost of some profit of seven hundred dollars apart from the one I use to cater for the family.
My business is going on well for me. I have decided establish another one for my parents to run it.

Loan Proposal

I thank my lenders for their support as far as my shop development is concerned. I have able to get some profit($150) during my last sales.
Customers are patronizing my products a lot. Because of that I am in need of money to buy some additional products or more on less some products customers are always asking of. These are some products I want to buy in order to satisfy my customers:
Two bags of sugar($25),three bags of rice($40),ten sacket of toffees ($10),five tin of Milo ($75),a bag of gari($10),different kind of soap($20).
HOW TO REPAY.
I hope to repay the loan in a very good standing from my daily sales.
Thank you!

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$353.00

Date disbursed

Oct 22, 2017

Repayment status

Late

Projected term

7 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$250.10

Amount remaining

$102.27

Expected completion

Jun 8, 2018

Status

Repaying late

Installment amount

$102.27

Repayment History

Expected Payments Actual Payments
Nov 3, 2017 $11.62 Nov 3, 2017 $11.62
Nov 10, 2017 $116.22 Nov 10, 2017 $116.22
Nov 17, 2017 $116.22 Nov 17, 2017 $108.32
Apr 11, 2018 $4.65
Apr 19, 2018 $3.25
Nov 24, 2017 $6.04 Apr 19, 2018 $1.39
Apr 26, 2018 $4.65
Dec 1, 2017 $0.00
Dec 8, 2017 $0.00
Dec 15, 2017 $0.00
Dec 22, 2017 $0.00
Dec 29, 2017 $0.00
Jan 5, 2018 $0.00
Jan 12, 2018 $0.00
Jan 19, 2018 $0.00
Jan 26, 2018 $0.00
Feb 2, 2018 $0.00
Feb 9, 2018 $0.00
Feb 16, 2018 $0.00
Feb 23, 2018 $0.00
Mar 2, 2018 $0.00
Mar 9, 2018 $0.00
Mar 16, 2018 $0.00
Mar 23, 2018 $0.00
Mar 30, 2018 $0.00
Apr 6, 2018 $0.00
Apr 13, 2018 $0.00
Apr 20, 2018 $0.00
Apr 27, 2018 $0.00
May 4, 2018 $0.00
May 11, 2018 $0.00
May 18, 2018 $0.00
May 25, 2018 $0.00
Jun 1, 2018 $0.00
Jun 8, 2018 $102.27

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