Loan to expand my business

Cecilia

Anwiam, Ghana

100% repaid

Entrepreneur

Name

Cecilia

Member since

March 2016

On-time repayments

86 installments  •  71%

About Me

I am Agyemang Cecilia from small village called Anwiam in the Asunafo south district in Brong Ahafo region of Ghana. I am a business minded woman who believe in determination and hardworking is an important goal in life. My parents are both Ghanaian. I am a widow with four children my husband died when my last born was three months old and I have taking care of them since my husband died. I have able to raised little amount to start selling soaps and other provisions which I sell soaps and other provisions. Because I have little capital I cannot buy more soaps and provision so my profit is very little because of this I need loan to expand my business in order to increase my profit to cater for my children since I am a widow.

My Business

I am able to sell all the soaps and provisions I used my little capital to buy because I do not have enough money to buy more soaps I get little profit which I used to cater for my three children alone since I am a widow. Many people in my village like buying soaps and provisions but because my capital is not enough I cannot provide them all. So I need loan from good people like you to expand my business so that I can get profit to cater for my three children.

Loan Proposal

I will use this loan to buy different kinds of soaps like Gaisha soap, Juliet soap, OMO and other detergent and washing powders. This loan will increase my profit because I will get a lot of customers to buy. I hope my profit will increase by 20 percent and I will get money to pay my children school fees.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$406.00

Date disbursed

Jun 24, 2016

Repayment status

On Time

Projected term

6 months

Lenders

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Summary

Amount repaid

$426.25

Amount remaining

$0.00

Date repaid

Oct 21, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 4, 2016 $5.17 Jul 3, 2016 $5.17
Jul 11, 2016 $2.58 Jul 10, 2016 $2.58
Jul 18, 2016 $2.58 Jul 10, 2016 $2.58
Jul 25, 2016 $2.58 Jul 25, 2016 $2.58
Aug 1, 2016 $2.58 Jul 25, 2016 $2.58
Aug 8, 2016 $2.58 Aug 8, 2016 $2.58
Aug 15, 2016 $2.58 Aug 8, 2016 $2.58
Aug 22, 2016 $2.58 Aug 31, 2016 $2.58
Aug 29, 2016 $2.58 Aug 31, 2016 $2.58
Sep 5, 2016 $2.58 Sep 7, 2016 $2.58
Sep 12, 2016 $2.58 Sep 7, 2016 $2.58
Sep 19, 2016 $2.58 Sep 7, 2016 $1.55
Sep 20, 2016 $1.03
Sep 26, 2016 $2.58 Sep 20, 2016 $2.58
Oct 3, 2016 $2.58 Oct 6, 2016 $2.58
Oct 10, 2016 $2.58 Oct 6, 2016 $2.58
Oct 17, 2016 $2.58 Oct 6, 2016 $2.58
Oct 24, 2016 $2.58 Oct 6, 2016 $2.58
Oct 31, 2016 $2.58 Oct 6, 2016 $2.58
Nov 7, 2016 $2.58 Oct 6, 2016 $2.58
Nov 14, 2016 $2.58 Oct 6, 2016 $2.58
Nov 21, 2016 $2.58 Oct 6, 2016 $2.58
Nov 28, 2016 $2.58 Oct 6, 2016 $2.58
Dec 5, 2016 $2.58 Oct 6, 2016 $2.58
Dec 12, 2016 $77.50 Oct 13, 2016 $77.50
Dec 19, 2016 $77.50 Oct 13, 2016 $77.50
Dec 26, 2016 $77.50 Oct 13, 2016 $25.83
Oct 21, 2016 $51.67
Jan 2, 2017 $131.75 Oct 21, 2016 $131.75

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