Entrepreneur
Name
Amos
Member since
May 2016
On-time repayments
73 installments • 66%
About Me
My name Amos Oduro from Sabronum as a young man, I know that remaining idle is a vice so right at an early age when i realized that i could not make it through school, i took to trading very fast. The struggle to start this small second hand clothes business was so tough but i gradually overcame it. As i write i work throughout the whole week selling second hand clothes at lower prices in my community. i am hard working, focused and determined to own a large boutique in the near future and i believe that i have come to the right place on this platform.
My Business
I sell second hand clothes in my community and beyond since i travel to nearby towns and villages on market days to go and do business there too. When i started this business, the capital to start was not huge as compared to starting today so at that time i used the little cash i had to start. it is very lucrative, i have been in it for more than one year even though you need experience to work in this business i have made a lot of progress ever since i began.
All my profits are divided into three, savings, i live on part.
Loan Proposal
The loan will help me to go for goods from Kumasi where i will be able to purchase four large bales of second hand clothes imported into the country. Each bale now cost 55 dollars.
This aid will help me start working towards my boutique dream since access to capital is possible on this platform and i will have to keep my schedules of payments so as to be helped the more to my community, they will have access to variety of clothes at reduced and affordable prices.
When i receive this help, my profit margin will increase greatly and am already happy about the future.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
May 27, 2016
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Summary
Amount repaid
$210.13
Amount remaining
$0.00
Date repaid
Sep 12, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 6, 2016 | $2.63 | Jun 7, 2016 | $2.63 |
| Jun 13, 2016 | $2.63 | Jun 7, 2016 | $2.63 |
| Jun 20, 2016 | $2.37 | Jun 7, 2016 | $2.37 |
| Jun 27, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Jul 4, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Jul 11, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Jul 18, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Jul 25, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Aug 1, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Aug 8, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Aug 15, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Aug 22, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Aug 29, 2016 | $0.53 | Jun 24, 2016 | $0.53 |
| Sep 5, 2016 | $13.15 | Aug 8, 2016 | $13.15 |
| Sep 12, 2016 | $13.15 | Aug 8, 2016 | $13.15 |
| Sep 19, 2016 | $13.15 | Sep 5, 2016 | $13.15 |
| Sep 26, 2016 | $13.15 | Sep 5, 2016 | $13.15 |
| Oct 3, 2016 | $13.15 | Sep 5, 2016 | $13.15 |
| Oct 10, 2016 | $13.15 | Sep 5, 2016 | $13.15 |
| Oct 17, 2016 | $13.15 | Sep 5, 2016 | $13.15 |
| Oct 24, 2016 | $13.15 | Sep 5, 2016 | $13.15 |
| Oct 31, 2016 | $13.15 | Sep 5, 2016 | $13.15 |
| Nov 7, 2016 | $13.15 | Sep 12, 2016 | $13.15 |
| Nov 14, 2016 | $65.75 | Sep 12, 2016 | $65.75 |
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