Loan to other for cosmetic products to stock my beauty shop

Akua

Gambia No.1, Ghana

18% repaid

Entrepreneur

Name

Akua

Member since

August 2016

On-time repayments

46 installments  •  72%

About Me

I am the second born in a family of three children and a mother of one child, my childhood life was very difficult due to extreme poverty.We could sometimes go without food for two days. I went to umina primary school which was 5km from home and had to trek each day to and from,I then joined mbaga girls for my secondary but I had drop out at my second year due to lack of school fees.
After dropping out of school ,I went to live with my aunt who is a tailor and she trained me to be a tailor and designer. Being a quick learner I mustered the skills very fast. However starting my own business was an uphill task due to lack of capital and I had to work for my aunt for two years as I save $300 that i used to open up my own business. I have since managed to open up my business and the business is doing well though it needs expansion.
my hobbies include listening to music,dancing,singing and watching movies.



I am a cosmetic dealer and cloth designer by provision. I provide cloth making services to my esteemed clients who include students . Clothing's are important in the society for no one wishes to walk naked.
I choose these business because i loved it and it has good profits.
my monthly typical costs are $150 per month and my revenues are $350 per month.
I use the proceeds from the business to save for expansion,take care of my basic needs and support my siblings education .

Hello lenders, I recently got a business to supply church uniforms for my local church and I am requesting for a loan to buy material in bulk so that I can enjoy economies of scale. Buying in bulk will reduce my transport costs and I would also get discount.I expect to double my profits after these investment.please help me and thank you in advance.

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My Business

Iam a cosmetic dealer who sells variety of cosmetic products.I engaged myself in this business because i had it after completing difficult to further my education in the year 2005.my monthly earnings is about $200. I have had a lot of experience in dealing with cosmetics in which I manage to feed my two little children.

Loan Proposal

Dear zidisha, I thank you for the first loan you gave me.It has enable me to expand my cosmetic shop and also increase my profit.I am here again to plead with you for another loan. counting on your usual co-operation.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$341.00

Date disbursed

Nov 18, 2016

Repayment status

Late

Projected term

63 months

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Summary

Amount repaid

$61.93

Amount remaining

$278.94

Expected completion

Aug 19, 2017

Status

Repaying late

Installment amount

$37.87

Repayment History

Expected Payments Actual Payments
Nov 26, 2016 $5.12 Nov 19, 2016 $5.12
Dec 3, 2016 $5.12 Nov 19, 2016 $5.12
Dec 10, 2016 $5.12 Nov 20, 2016 $5.12
Dec 17, 2016 $5.12 Nov 26, 2016 $0.51
Nov 26, 2016 $0.51
Dec 18, 2016 $4.09
Dec 24, 2016 $5.12 Dec 26, 2016 $5.12
Dec 31, 2016 $5.12 Jan 3, 2017 $5.12
Jan 7, 2017 $5.12 Jan 13, 2017 $5.12
Jan 14, 2017 $5.12 Jan 16, 2017 $5.12
Jan 21, 2017 $5.12 Feb 1, 2017 $5.12
Jan 28, 2017 $5.12 Feb 1, 2017 $5.12
Feb 4, 2017 $0.00
Feb 11, 2017 $0.51 Feb 23, 2017 $0.51
Feb 18, 2017 $0.51 Feb 23, 2017 $0.51
Feb 25, 2017 $0.51 Feb 28, 2017 $0.51
Mar 4, 2017 $0.51 Feb 28, 2017 $0.51
Mar 11, 2017 $0.51 Mar 15, 2017 $0.51
Mar 18, 2017 $0.51 Mar 23, 2017 $0.51
Mar 25, 2017 $0.51 Mar 23, 2017 $0.51
Apr 1, 2017 $0.51 Mar 23, 2017 $0.51
Apr 8, 2017 $0.51 Apr 8, 2017 $0.51
Apr 15, 2017 $0.51 Apr 8, 2017 $0.51
Apr 22, 2017 $0.51 Apr 20, 2017 $0.51
Apr 29, 2017 $0.51 Apr 20, 2017 $0.51
May 6, 2017 $0.51 May 31, 2017 $0.51
May 13, 2017 $0.51 May 31, 2017 $0.51
May 20, 2017 $0.51 May 31, 2017 $0.51
May 27, 2017 $0.51 May 31, 2017 $0.51
Jun 3, 2017 $0.51 May 31, 2017 $0.51
Jun 10, 2017 $0.51 Jun 28, 2017 $0.51
Jun 17, 2017 $0.51 Jun 28, 2017 $0.51
Jun 24, 2017 $0.51 Jun 28, 2017 $0.51
Jul 1, 2017 $37.87 Jun 28, 2017 $0.51
Jul 8, 2017 $37.87
Jul 15, 2017 $37.87
Jul 22, 2017 $37.87
Jul 29, 2017 $37.87
Aug 5, 2017 $37.87
Aug 12, 2017 $37.87
Aug 19, 2017 $14.33

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