Loan to buy paints to spraypaint cars
Oppong
Dormaa Ahenkro, Ghana
0% repaid
Entrepreneur
Name
Oppong
Member since
June 2016
On-time repayments
163 installments • 24%
About Me
Kofiasua is one of the interesting place that I began my life I am half way educated. I completed Junior high School. I learned spraying after school. It took me five years to complete this jpb whiIst other were using three yeas. I had wanted to learn spraying well and indeed one can atest that I realy know my job.No money syndrome catches me in my family so getting money to start the job on my own was a problem.It was just like a miracle one day when one of my daddy friends visited us and asked me what I wanted to do in life when I told him I have learnt car spraying,but have problem starting the job. He immediately signed a cheque worth GHs500. I immediately went and bought paints and other equipment to start with.
My Business
I spray cars and I have six apprentice. Dormaa is a municipality that is dominated by car businesses. Different cars in Dormaa and its environ come regularly to spray their cars for spraying and other items like gas cylinders are also sent to my shop for spraying. I chose to like this business because I am a manager myself and it fetch me some few amount of the Ghana CEDI's. It cost me close to ghc350 to spray one car in terms of buying pain and other materials. But the charge for painting a car is ghc450. This means the business require a lot of capital to manage. T use part of the profit I make to pay school fees, save part and part to buy feed the family. If there is an excess, I reinvest it in the business to enable the business to grow.
Loan Proposal
My second loan helped me in buying different colours of paints and one brand new spraying machine that aided in my job. I want to continue to improve upon this by buying the sane sets of items to continue serving my customers better. Therefore I want to buy five rubbers of black paint $31, three rubbers of blue paints $24, four rubbers red paint $22. I will buy six rubbers of white paint $29. I will also buy another brand new spraying machine $45 to keep expanding my spraying business.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$717.00
Date disbursed
Dec 6, 2017
Repayment status
Late
Projected term
29 months
Other loans
Lenders
United States
Ask Oppong a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$1.33
Amount remaining
$716.28
Expected completion
May 24, 2020
Status
Repaying late
Installment amount
$0.22
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 17, 2017 | $0.44 | May 18, 2018 | $0.44 |
| Dec 24, 2017 | $0.00 | ||
| Dec 31, 2017 | $0.00 | ||
| Jan 7, 2018 | $0.00 | ||
| Jan 14, 2018 | $0.00 | ||
| Jan 21, 2018 | $0.00 | ||
| Jan 28, 2018 | $0.00 | ||
| Feb 4, 2018 | $0.00 | ||
| Feb 11, 2018 | $0.00 | ||
| Feb 18, 2018 | $0.00 | ||
| Feb 25, 2018 | $0.00 | ||
| Mar 4, 2018 | $0.00 | ||
| Mar 11, 2018 | $0.00 | ||
| Mar 18, 2018 | $0.00 | ||
| Mar 25, 2018 | $0.00 | ||
| Apr 1, 2018 | $0.00 | ||
| Apr 8, 2018 | $0.00 | ||
| Apr 15, 2018 | $0.00 | ||
| Apr 22, 2018 | $0.00 | ||
| Apr 29, 2018 | $0.00 | ||
| May 6, 2018 | $0.00 | ||
| May 13, 2018 | $0.00 | ||
| May 20, 2018 | $0.00 | ||
| May 27, 2018 | $0.22 | May 28, 2018 | $0.22 |
| Jun 3, 2018 | $0.22 | May 28, 2018 | $0.22 |
| Jun 10, 2018 | $0.22 | Jun 12, 2018 | $0.22 |
| Jun 17, 2018 | $0.22 | Jun 12, 2018 | $0.22 |
| Jun 24, 2018 | $0.22 | ||
| Jul 1, 2018 | $2.00 | ||
| Jul 8, 2018 | $2.00 | ||
| Jul 15, 2018 | $2.00 | ||
| Jul 22, 2018 | $2.00 | ||
| Jul 29, 2018 | $2.00 | ||
| Aug 5, 2018 | $2.00 | ||
| Aug 12, 2018 | $2.00 | ||
| Aug 19, 2018 | $2.00 | ||
| Aug 26, 2018 | $2.00 | ||
| Sep 2, 2018 | $2.00 | ||
| Sep 9, 2018 | $2.00 | ||
| Sep 16, 2018 | $2.00 | ||
| Sep 23, 2018 | $2.00 | ||
| Sep 30, 2018 | $2.00 | ||
| Oct 7, 2018 | $2.00 | ||
| Oct 14, 2018 | $2.00 | ||
| Oct 21, 2018 | $2.00 | ||
| Oct 28, 2018 | $2.00 | ||
| Nov 4, 2018 | $2.00 | ||
| Nov 11, 2018 | $2.00 | ||
| Nov 18, 2018 | $2.00 | ||
| Nov 25, 2018 | $2.00 | ||
| Dec 2, 2018 | $2.00 | ||
| Dec 9, 2018 | $2.00 | ||
| Dec 16, 2018 | $2.00 | ||
| Dec 23, 2018 | $2.00 | ||
| Dec 30, 2018 | $2.00 | ||
| Jan 6, 2019 | $2.00 | ||
| Jan 13, 2019 | $2.00 | ||
| Jan 20, 2019 | $2.00 | ||
| Jan 27, 2019 | $2.00 | ||
| Feb 3, 2019 | $2.00 | ||
| Feb 10, 2019 | $2.00 | ||
| Feb 17, 2019 | $2.00 | ||
| Feb 24, 2019 | $2.00 | ||
| Mar 3, 2019 | $2.00 | ||
| Mar 10, 2019 | $2.00 | ||
| Mar 17, 2019 | $2.00 | ||
| Mar 24, 2019 | $2.00 | ||
| Mar 31, 2019 | $2.00 | ||
| Apr 7, 2019 | $2.00 | ||
| Apr 14, 2019 | $2.00 | ||
| Apr 21, 2019 | $2.00 | ||
| Apr 28, 2019 | $2.00 | ||
| May 5, 2019 | $2.00 | ||
| May 12, 2019 | $2.00 | ||
| May 19, 2019 | $2.00 | ||
| May 26, 2019 | $2.00 | ||
| Jun 2, 2019 | $2.00 | ||
| Jun 9, 2019 | $2.00 | ||
| Jun 16, 2019 | $2.00 | ||
| Jun 23, 2019 | $2.00 | ||
| Jun 30, 2019 | $2.00 | ||
| Jul 7, 2019 | $2.00 | ||
| Jul 14, 2019 | $2.00 | ||
| Jul 21, 2019 | $2.00 | ||
| Jul 28, 2019 | $2.00 | ||
| Aug 4, 2019 | $2.00 | ||
| Aug 11, 2019 | $2.00 | ||
| Aug 18, 2019 | $2.00 | ||
| Aug 25, 2019 | $2.00 | ||
| Sep 1, 2019 | $2.00 | ||
| Sep 8, 2019 | $2.00 | ||
| Sep 15, 2019 | $2.00 | ||
| Sep 22, 2019 | $2.00 | ||
| Sep 29, 2019 | $2.00 | ||
| Oct 6, 2019 | $2.00 | ||
| Oct 13, 2019 | $2.00 | ||
| Oct 20, 2019 | $2.00 | ||
| Oct 27, 2019 | $2.00 | ||
| Nov 3, 2019 | $2.00 | ||
| Nov 10, 2019 | $2.00 | ||
| Nov 17, 2019 | $2.00 | ||
| Nov 24, 2019 | $2.00 | ||
| Dec 1, 2019 | $2.00 | ||
| Dec 8, 2019 | $2.00 | ||
| Dec 15, 2019 | $2.00 | ||
| Dec 22, 2019 | $2.00 | ||
| Dec 29, 2019 | $2.00 | ||
| Jan 5, 2020 | $2.00 | ||
| Jan 12, 2020 | $2.00 | ||
| Jan 19, 2020 | $2.00 | ||
| Jan 26, 2020 | $2.00 | ||
| Feb 2, 2020 | $2.00 | ||
| Feb 9, 2020 | $2.00 | ||
| Feb 16, 2020 | $2.00 | ||
| Feb 23, 2020 | $2.00 | ||
| Mar 1, 2020 | $2.00 | ||
| Mar 8, 2020 | $2.00 | ||
| Mar 15, 2020 | $2.00 | ||
| Mar 22, 2020 | $2.00 | ||
| Mar 29, 2020 | $2.00 | ||
| Apr 5, 2020 | $2.00 | ||
| Apr 12, 2020 | $2.00 | ||
| Apr 19, 2020 | $2.00 | ||
| Apr 26, 2020 | $2.00 | ||
| May 3, 2020 | $2.00 | ||
| May 10, 2020 | $2.00 | ||
| May 17, 2020 | $2.00 | ||
| May 24, 2020 | $518.41 | ||
Loading...