Loan for spray paint and spray-painting goggles

Oppong

Dormaa Ahenkro, Ghana

99% repaid

Entrepreneur

Name

Oppong

Member since

June 2016

On-time repayments

163 installments  •  24%

About Me

Kofiasua is one of the interesting place that I began my life I am half way educated. I completed Junior high School. I learned spraying after school. It took me five years to complete this jpb whiIst other were using three yeas. I had wanted to learn spraying well and indeed one can atest that I realy know my job.No money syndrome catches me in my family so getting money to start the job on my own was a problem.It was just like a miracle one day when one of my daddy friends visited us and asked me what I wanted to do in life when I told him I have learnt car spraying,but have problem starting the job. He immediately signed a cheque worth GHs500. I immediately went and bought paints and other equipment to start with.

My Business

I spray cars and I have six apprentice. Dormaa is a municipality that is dominated by car businesses. Different cars in Dormaa and its environ come regularly to spray their cars for spraying and other items like gas cylinders are also sent to my shop for spraying. I chose to like this business because I am a manager myself and it fetch me some few amount of the Ghana CEDI's. It cost me close to ghc350 to spray one car in terms of buying pain and other materials. But the charge for painting a car is ghc450. This means the business require a lot of capital to manage. T use part of the profit I make to pay school fees, save part and part to buy feed the family. If there is an excess, I reinvest it in the business to enable the business to grow.

Loan Proposal

I will buy new spraying goggles ($25),white colour spray ($15) blue colour paint ($13) Ashe colour spray ($14). Green colour spray ($15) white colour spray ($16)

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$131.00

Date disbursed

Dec 21, 2016

Repayment status

On Time

Projected term

6 months

Lenders

DR

Daniel R

Berlin, Germany

I

Ian

United Kingdom

R

Rahima

United States

roark22

Geneva, Switzerland

C

Campbell

New Zealand

NH

Nancy Hull

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

S

Sarah

Arlington, United States

CN

Craig Newmark

United States

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Summary

Amount repaid

$130.51

Amount remaining

$0.00

Date repaid

May 31, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 30, 2016 $7.33 Dec 27, 2016 $7.33
Jan 6, 2017 $2.44 Jan 7, 2017 $2.44
Jan 13, 2017 $2.44 Jan 12, 2017 $1.22
Jan 19, 2017 $1.22
Jan 20, 2017 $2.44 Jan 25, 2017 $1.22
Jan 26, 2017 $1.22
Jan 27, 2017 $0.00
Feb 3, 2017 $0.49 Feb 2, 2017 $0.49
Feb 10, 2017 $0.49 Feb 9, 2017 $0.49
Feb 17, 2017 $0.49 Feb 9, 2017 $0.49
Feb 24, 2017 $0.49 Feb 9, 2017 $0.49
Mar 3, 2017 $0.49 Feb 9, 2017 $0.49
Mar 10, 2017 $0.49 Feb 9, 2017 $0.49
Mar 17, 2017 $0.49 Feb 16, 2017 $0.49
Mar 24, 2017 $0.49 Mar 1, 2017 $0.49
Mar 31, 2017 $0.24 Mar 1, 2017 $0.24
Apr 7, 2017 $2.44 Apr 9, 2017 $2.44
Apr 14, 2017 $2.44 Apr 17, 2017 $2.44
Apr 21, 2017 $0.00
Apr 28, 2017 $1.22 Apr 29, 2017 $1.22
May 5, 2017 $1.22 May 4, 2017 $1.22
May 12, 2017 $1.22 May 12, 2017 $1.22
May 19, 2017 $1.22 May 12, 2017 $1.22
May 26, 2017 $24.44 May 27, 2017 $24.44
Jun 2, 2017 $12.22 May 30, 2017 $12.22
Jun 9, 2017 $12.22 May 31, 2017 $12.22
Jun 16, 2017 $12.22 May 31, 2017 $12.22
Jun 23, 2017 $12.22 May 31, 2017 $12.22
Jun 30, 2017 $12.22 May 31, 2017 $12.22
Jul 7, 2017 $12.22 May 31, 2017 $12.22
Jul 14, 2017 $4.15 May 31, 2017 $4.15

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