Loan to establish strong beauty & skincare centre
Lydia
Abuakwa Kumasi, Ghana
$0 to go
100% funded of $544 goal
0
days left
Entrepreneur
Name
Lydia
Member since
June 2016
On-time repayments
118 installments • 15%
About Me
I focus on preventative and corrective skin care to help clients with issues that might otherwise require expensive medical procedures (i.e face lifts, Botox, deep peels that cause hyper-pigmentation issues due to an overproduction of melanin, because the peels can be too harsh. etc.) Having lived in Abuakwa for some time, I have learned that there are certain segments of the population, particularly low & middle class African women, that aren't aware these services exist. Along with serving everyone across the area, I hope that my business can expand access to those that need it most.
I have seen the changes in self- esteem and confidence clients exude when the issues they once faced with their skin problems have been solved It is my goal to change lives by helping those in my Area and beyond, to learn and understand their skin conditions and offering solutions for solving their beauty concerns, including hair care, waxing and makeup. It is also, our goal to ensure that each client has a GREAT experience in my industry and that I am not only servicing them, but to ensure lifelong and meaningful kinship.
With your help, this capital of $600 will allow me to reach more customers through additional marketing and advertising, brochures and the cost of photography for graphics. Also,to purchase an opening order for the products that I use of $400 which would also allow me to retail product to increase revenue.
I also need the loan to purchase equipment in order to keep up with the latest trends in skin and hair care in order to stay competitive and on the cutting edge of the industry. I expect that the profit and revenue increase will more than triple due to the use of this loan for purchases of the things needed to be successful. It will allow me to take the necessary steps to grow my business, which I am opening my own facility to educate, train, and introduce more African Beauty Professionals to the skin care industry, which currently is extremely UNDER represented.
The impact this loan will have on my life will enable me to prepare for retirement because I do not have a plan and it would allow me to assist my daughter in her dreams to become an anesthesiologist
My Business
With your help, this capital of $600 will allow me to reach more customers through additional marketing and advertising, brochures and the cost of photography for graphics. Also,to purchase an opening order for the products that I use of $400 which would also allow me to retail product to increase revenue.
I also need the loan to purchase equipment in order to keep up with the latest trends in skin and hair care in order to stay competitive and on the cutting edge of the industry. I expect that the profit and revenue increase will more than triple due to the use of this loan for purchases of the things needed to be successful. It will allow me to take the necessary steps to grow my business, which I am opening my own facility to educate, train, and introduce more African Beauty Professionals to the skin care industry, which currently is extremely UNDER represented.
The impact this loan will have on my life will enable me to prepare for retirement because I do not have a plan and it would allow me to assist my daughter in her dreams to become an anesthesiologist
Loan Proposal
With your help, this capital of $600 will allow me to reach more customers through additional marketing and advertising, brochures and the cost of photography for graphics. Also,to purchase an opening order for the products that I use of $400 which would also allow me to retail product to increase revenue.
I need the loan to purchase equipment in order to keep up with the latest trends in skin and hair care in order to stay competitive and on the cutting edge of the industry. I expect that the profit and revenue increase will more than triple due to the use of this loan for purchases of the things needed to be successful. It will allow me to take the necessary steps to grow my business, which I am opening my own facility to educate, train, and introduce more African Beauty Professionals to the skin care industry, which currently is extremely UNDER represented.
The impact this loan will have on my life will enable me to prepare for retirement because I do not have a plan and it would allow me to assist my daughter in her dreams to become an anesthesiologist. Thank you for your first support and i hope my 2nd will be granted as well!
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Loan Info
Project Type
Classic Loan
Disbursed amount
$544.00
Date disbursed
Dec 9, 2016
Repayment status
Late
Projected term
23 months
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Summary
Amount repaid
$0.00
Amount remaining
$544.21
Expected completion
Nov 7, 2018
Status
Repaying late
Installment amount
$5.54
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 21, 2016 | $5.54 | ||
| Dec 28, 2016 | $5.54 | ||
| Jan 4, 2017 | $5.54 | ||
| Jan 11, 2017 | $5.54 | ||
| Jan 18, 2017 | $5.54 | ||
| Jan 25, 2017 | $5.54 | ||
| Feb 1, 2017 | $5.54 | ||
| Feb 8, 2017 | $5.54 | ||
| Feb 15, 2017 | $5.54 | ||
| Feb 22, 2017 | $5.54 | ||
| Mar 1, 2017 | $5.54 | ||
| Mar 8, 2017 | $5.54 | ||
| Mar 15, 2017 | $5.54 | ||
| Mar 22, 2017 | $5.54 | ||
| Mar 29, 2017 | $5.54 | ||
| Apr 5, 2017 | $5.54 | ||
| Apr 12, 2017 | $5.54 | ||
| Apr 19, 2017 | $5.54 | ||
| Apr 26, 2017 | $5.54 | ||
| May 3, 2017 | $5.54 | ||
| May 10, 2017 | $5.54 | ||
| May 17, 2017 | $5.54 | ||
| May 24, 2017 | $5.54 | ||
| May 31, 2017 | $5.54 | ||
| Jun 7, 2017 | $5.54 | ||
| Jun 14, 2017 | $5.54 | ||
| Jun 21, 2017 | $5.54 | ||
| Jun 28, 2017 | $5.54 | ||
| Jul 5, 2017 | $5.54 | ||
| Jul 12, 2017 | $5.54 | ||
| Jul 19, 2017 | $5.54 | ||
| Jul 26, 2017 | $5.54 | ||
| Aug 2, 2017 | $5.54 | ||
| Aug 9, 2017 | $5.54 | ||
| Aug 16, 2017 | $5.54 | ||
| Aug 23, 2017 | $5.54 | ||
| Aug 30, 2017 | $5.54 | ||
| Sep 6, 2017 | $5.54 | ||
| Sep 13, 2017 | $5.54 | ||
| Sep 20, 2017 | $5.54 | ||
| Sep 27, 2017 | $5.54 | ||
| Oct 4, 2017 | $5.54 | ||
| Oct 11, 2017 | $5.54 | ||
| Oct 18, 2017 | $5.54 | ||
| Oct 25, 2017 | $5.54 | ||
| Nov 1, 2017 | $5.54 | ||
| Nov 8, 2017 | $5.54 | ||
| Nov 15, 2017 | $5.54 | ||
| Nov 22, 2017 | $5.54 | ||
| Nov 29, 2017 | $5.54 | ||
| Dec 6, 2017 | $5.54 | ||
| Dec 13, 2017 | $5.54 | ||
| Dec 20, 2017 | $5.54 | ||
| Dec 27, 2017 | $5.54 | ||
| Jan 3, 2018 | $5.54 | ||
| Jan 10, 2018 | $5.54 | ||
| Jan 17, 2018 | $5.54 | ||
| Jan 24, 2018 | $5.54 | ||
| Jan 31, 2018 | $5.54 | ||
| Feb 7, 2018 | $5.54 | ||
| Feb 14, 2018 | $5.54 | ||
| Feb 21, 2018 | $5.54 | ||
| Feb 28, 2018 | $5.54 | ||
| Mar 7, 2018 | $5.54 | ||
| Mar 14, 2018 | $5.54 | ||
| Mar 21, 2018 | $5.54 | ||
| Mar 28, 2018 | $5.54 | ||
| Apr 4, 2018 | $5.54 | ||
| Apr 11, 2018 | $5.54 | ||
| Apr 18, 2018 | $5.54 | ||
| Apr 25, 2018 | $5.54 | ||
| May 2, 2018 | $5.54 | ||
| May 9, 2018 | $5.54 | ||
| May 16, 2018 | $5.54 | ||
| May 23, 2018 | $5.54 | ||
| May 30, 2018 | $5.54 | ||
| Jun 6, 2018 | $5.54 | ||
| Jun 13, 2018 | $5.54 | ||
| Jun 20, 2018 | $5.54 | ||
| Jun 27, 2018 | $5.54 | ||
| Jul 4, 2018 | $5.54 | ||
| Jul 11, 2018 | $5.54 | ||
| Jul 18, 2018 | $5.54 | ||
| Jul 25, 2018 | $5.54 | ||
| Aug 1, 2018 | $5.54 | ||
| Aug 8, 2018 | $5.54 | ||
| Aug 15, 2018 | $5.54 | ||
| Aug 22, 2018 | $5.54 | ||
| Aug 29, 2018 | $5.54 | ||
| Sep 5, 2018 | $5.54 | ||
| Sep 12, 2018 | $5.54 | ||
| Sep 19, 2018 | $5.54 | ||
| Sep 26, 2018 | $5.54 | ||
| Oct 3, 2018 | $5.54 | ||
| Oct 10, 2018 | $5.54 | ||
| Oct 17, 2018 | $5.54 | ||
| Oct 24, 2018 | $5.54 | ||
| Oct 31, 2018 | $5.54 | ||
| Nov 7, 2018 | $1.44 | ||
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