Loan to expand my cosmetic shop

Okai

Berekum, Ghana

100% repaid

Entrepreneur

Name

Okai

Member since

May 2016

On-time repayments

151 installments  •  36%

About Me

My name is okai Gifty. I have been in cosmetic business since my completion of basic education.I have overcome hardship through this cosmetic business,when I completed school it was hard for me to live because I was jobless then.One day, a friend introduced me to beauty products and enticed me to sell them for profit.At first, I was collecting from someone to sell for wages,I later decided to do it for my self and certainly I am able to set my own shop.The people in my community especially women also buy these products always.My children like to be Lawyers, nurses,and teachers after their education.I like singing at church, and watching movies.

My Business

I supply beauty products such as ;Ub16, body lotion, hair spray, shampoo, body spray and many more.These products are very useful in my community as far as women are concern.I chose selling these products because it is highly demanded and has a lot of profit. The costs of these products depends on the amount of capital in hand.It is not so much costly, but it needs a lot of money to fuse through to get profit.I use my profit to buy beauty products to add up what I have.In fact, the profit is use for reinvestment.

Loan Proposal

Dear lenders I plead with you to support me with this loan so that I may be able to buy some other cosmetic products to expand my shop and my income as well. I thank my dear zidisha team for approved this loan to support me to expand my shop.Thank you dear zidisha team.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Oct 15, 2016

Repayment status

On Time

Projected term

3 months

Lenders

IM

Isak Maaseide

Tromso, Norway, Norway

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$4.37

Amount remaining

$0.00

Date repaid

Feb 4, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 22, 2016 $0.26 Oct 18, 2016 $0.26
Oct 29, 2016 $0.26 Oct 18, 2016 $0.26
Nov 5, 2016 $0.26 Oct 18, 2016 $0.26
Nov 12, 2016 $0.26 Nov 16, 2016 $0.26
Nov 19, 2016 $0.26 Nov 16, 2016 $0.26
Nov 26, 2016 $0.26 Nov 30, 2016 $0.26
Dec 3, 2016 $0.26 Nov 30, 2016 $0.26
Dec 10, 2016 $0.26 Nov 30, 2016 $0.26
Dec 17, 2016 $0.26 Nov 30, 2016 $0.26
Dec 24, 2016 $0.26 Dec 28, 2016 $0.26
Dec 31, 2016 $0.26 Dec 28, 2016 $0.26
Jan 7, 2017 $0.26 Jan 7, 2017 $0.26
Jan 14, 2017 $0.26 Jan 7, 2017 $0.26
Jan 21, 2017 $0.00
Jan 28, 2017 $1.03 Feb 4, 2017 $1.03

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