Loan to expand cosmetic business
Sylvester
Madina Accra, Ghana
100% 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
The previous loans were judiciously used to improve my cosmetic business. I managed to purchase more cosmetic products with the loan to fill up my shop. I made quite considerable and substantial profit on the last loan granted to me. I am humbly applying for a new loan to enable me continue to buy more cosmetic products that is perfumes and creams to stock up my shop. With Christmas drawing near and the year drawing to a close ,business will be brisk and sales will increase tremendously. I hope this loan application will meet your kind consideration. Thank you very much zidisha lenders for this good opportunity.
Best regards,
Sylvester Amoah.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$472.00
Date disbursed
Oct 12, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Austin, United States
United States
Hong Kong
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Summary
Amount repaid
$457.75
Amount remaining
$0.00
Date repaid
Feb 19, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 25, 2015 | $33.50 | Oct 26, 2015 | $33.50 |
| Nov 1, 2015 | $0.25 | Oct 26, 2015 | $0.25 |
| Nov 8, 2015 | $25.00 | Nov 7, 2015 | $25.00 |
| Nov 15, 2015 | $25.00 | Nov 14, 2015 | $25.00 |
| Nov 22, 2015 | $25.00 | Nov 22, 2015 | $25.00 |
| Nov 29, 2015 | $25.00 | Nov 28, 2015 | $25.00 |
| Dec 6, 2015 | $25.00 | Dec 5, 2015 | $25.00 |
| Dec 13, 2015 | $25.00 | Dec 12, 2015 | $25.00 |
| Dec 20, 2015 | $25.00 | Dec 18, 2015 | $25.00 |
| Dec 27, 2015 | $25.00 | Dec 23, 2015 | $25.00 |
| Jan 3, 2016 | $25.00 | Jan 6, 2016 | $25.00 |
| Jan 10, 2016 | $25.00 | Jan 15, 2016 | $25.00 |
| Jan 17, 2016 | $25.00 | Jan 15, 2016 | $25.00 |
| Jan 24, 2016 | $25.00 | Jan 15, 2016 | $25.00 |
| Jan 31, 2016 | $25.00 | Jan 29, 2016 | $25.00 |
| Feb 7, 2016 | $25.00 | Feb 3, 2016 | $25.00 |
| Feb 14, 2016 | $25.00 | Feb 13, 2016 | $25.00 |
| Feb 21, 2016 | $25.00 | Feb 19, 2016 | $25.00 |
| Feb 28, 2016 | $24.00 | Feb 19, 2016 | $24.00 |
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