Loan to expand my cosmetic business
Sylvester
Madina Accra, Ghana
3% repaid
Entrepreneur
Name
Sylvester
Member since
February 2015
On-time repayments
102 installments • 44%
About Me
My name is Sylvester Amoah. I come from Santasi near kumasi in the Ashanti
Region. I stay at Madina near the La-Nkwantanang school in Accra. I am married to
Sarah Amoah with three lovely daughters.
I was a teacher for over ten years. I taught in Elim Basic school in Madina and Nadat memorial wschool in Adenta. Presently i am working as a pastor (Associate pastor) with God's Tabernacle of Praise, a church in Madina, Accra. I am the missions director.
My Business
To support the ministerial (pastoral) work and be able to cater well for my family, i am engaged in business. I have a shop or small container in the madina market where i sell cosmetics, various types of creams and perfumes.
I have employed someone to manage the shop for me but i constantly and strictly monitor and oversee the financial progress of the shop. I will need $1,500 to 2,000 to invest into the business.
Loan Proposal
Dear Lenders,
This loan like the previous loans will be utilised to improve and expand my cosmetic business. Thanks to the kindness of zidisha lenders I was able to make quite a substantial amount of profit on the previous loan. The cash afforded me opportunity to purchase more creams and perfumes to sell during the past Christmas festivities. My family and I were able to buy some new clothes and foodstuffs to enjoy the occasion of Christmas. Also I'm able to get money to offset my children's school fees. This loan will go a long way to augment the cosmetic business .
Thank you very much lenders and I hope this loan application will meet your kind consideration.
Best regards,
Sylvester Amoah.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$727.00
Date disbursed
Mar 3, 2016
Repayment status
Late
Projected term
14 months
Other loans
Lenders
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Summary
Amount repaid
$26.23
Amount remaining
$737.11
Expected completion
Apr 23, 2017
Status
Repaying late
Installment amount
$13.12
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 13, 2016 | $13.12 | Mar 5, 2016 | $13.12 |
| Mar 20, 2016 | $13.12 | Mar 5, 2016 | $13.12 |
| Mar 27, 2016 | $13.12 | ||
| Apr 3, 2016 | $13.12 | ||
| Apr 10, 2016 | $13.12 | ||
| Apr 17, 2016 | $13.12 | ||
| Apr 24, 2016 | $13.12 | ||
| May 1, 2016 | $13.12 | ||
| May 8, 2016 | $13.12 | ||
| May 15, 2016 | $13.12 | ||
| May 22, 2016 | $13.12 | ||
| May 29, 2016 | $13.12 | ||
| Jun 5, 2016 | $13.12 | ||
| Jun 12, 2016 | $13.12 | ||
| Jun 19, 2016 | $13.12 | ||
| Jun 26, 2016 | $13.12 | ||
| Jul 3, 2016 | $13.12 | ||
| Jul 10, 2016 | $13.12 | ||
| Jul 17, 2016 | $13.12 | ||
| Jul 24, 2016 | $13.12 | ||
| Jul 31, 2016 | $13.12 | ||
| Aug 7, 2016 | $13.12 | ||
| Aug 14, 2016 | $13.12 | ||
| Aug 21, 2016 | $13.12 | ||
| Aug 28, 2016 | $13.12 | ||
| Sep 4, 2016 | $13.12 | ||
| Sep 11, 2016 | $13.12 | ||
| Sep 18, 2016 | $13.12 | ||
| Sep 25, 2016 | $13.12 | ||
| Oct 2, 2016 | $13.12 | ||
| Oct 9, 2016 | $13.12 | ||
| Oct 16, 2016 | $13.12 | ||
| Oct 23, 2016 | $13.12 | ||
| Oct 30, 2016 | $13.12 | ||
| Nov 6, 2016 | $13.12 | ||
| Nov 13, 2016 | $13.12 | ||
| Nov 20, 2016 | $13.12 | ||
| Nov 27, 2016 | $13.12 | ||
| Dec 4, 2016 | $13.12 | ||
| Dec 11, 2016 | $13.12 | ||
| Dec 18, 2016 | $13.12 | ||
| Dec 25, 2016 | $13.12 | ||
| Jan 1, 2017 | $13.12 | ||
| Jan 8, 2017 | $13.12 | ||
| Jan 15, 2017 | $13.12 | ||
| Jan 22, 2017 | $13.12 | ||
| Jan 29, 2017 | $13.12 | ||
| Feb 5, 2017 | $13.12 | ||
| Feb 12, 2017 | $13.12 | ||
| Feb 19, 2017 | $13.12 | ||
| Feb 26, 2017 | $13.12 | ||
| Mar 5, 2017 | $13.12 | ||
| Mar 12, 2017 | $13.12 | ||
| Mar 19, 2017 | $13.12 | ||
| Mar 26, 2017 | $13.12 | ||
| Apr 2, 2017 | $13.12 | ||
| Apr 9, 2017 | $13.12 | ||
| Apr 16, 2017 | $13.12 | ||
| Apr 23, 2017 | $2.62 | ||
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