Loan to purchase metal beds and computer accessories

Kwadwo

Berekum, Ghana

3% repaid

Entrepreneur

Name

Kwadwo

Member since

May 2016

On-time repayments

166 installments  •  31%

About Me

I am Ofori Kwadwo from Berekum municipal assembly in the Brong Sharp. I'm thirty years old. I am the first born to Mr. Ofori Yeboah Samuel and Mrs. Martha Ofori. I am dark in complexion and about 5.8 feet tall. I attended Berekum SDA mission school.
I'm now selling home goods. I was introduced into the business by a friend. He gave me GHS 700 for a start.

My Business

My business is located in the same town where I am staying. I deal in home supplies, mostly selling used electrical irons, laptops, and televisions. The people in my town like these items and it makes business move every day. In certain weeks, I gain about 8% to 15% increase in income. The business is lucrative and I cherish it most. Sometimes, I get enough money to feed home and pay my brother's school fees.

Loan Proposal

WHEN THE REQUESTED LOAN IS OFFERED TO ME I WILL USE 200$ TO PURCHASE 8 METAL BEDS, 157$ TO PURCHASE COMPUTER HARD DISK AND USE 100$ TO SETTLE FOR MY BROTHERS SCHOOL FEES WHICH WILL ENABLE HIM TO
TAKE PART OF HIS FINAL EXAMS AND USE 100$ TO 15 COMPUTER KEY BOARDS.
WHEN THESE ITEMS ARE RECEIVED IT WILL ENABLE ME TO TAKE A PERMANENT WORKER FOR WHICH I CAN PAY HIM MONTHLY AND GAIN AN INTEREST OF ABOUT 10% INCREASE IN SALES. I WILL USE SOME TO REPAY OFF THE LOAN.

Show original English  

About Me

I am Ofori Kwadwo from Berekum municipal assembly in the Brong Sharp. I'm thirty years old. I am the first born to Mr Ofori Yeboah Samuel and Mr's Martha Ofori.
I am dark in complexion and about 5.8 feet tall. I attended Berekum SDA mission school.
I was introduced into the business by afriend.
He gave me Ghs 700 for a start. I'm now into selling of home goods.

My Business

My business is located in the same town in where I am staying.
I deals in home supplies mostly selling of home used electrical iron, laptops, television.
The people in my town like these items and it makes business move everyday.
In certain week i gain about 8% to 15% increase in income.
The business is lucrative and I cherish it most. Sometimes I get money to feed home and my brother's school fees.

Loan Proposal

WHEN THE REQUESTED LOAN IS OFFERED TO ME I WILL USE 200$ TO PURCHASE 8 METAL BEDS, 157$ TO PURCHASE COMPUTER HARD DISK AND USE 100$ TO SETTLE FOR MY BROTHERS SCHOOL FEES WHICH WILL ENABLE HIM TO
TAKE PART OF HIS FINAL EXAMS AND USE 100$ TO 15 COMPUTER KEY BOARDS.
WHEN THESE ITEMS ARE RECEIVED IT WILL ENABLE ME TO TAKE A PERMANENT WORKER FOR WHICH I CAN PAY HIM MONTHLY AND GAIN AN INTEREST OF ABOUT 10% INCREASE IN SALES. I WILL USE SOME TO REPAY OFF THE LOAN.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$558.00

Date disbursed

Nov 20, 2017

Repayment status

Late

Projected term

24 months

Lenders

Cloudways

Malta, Malta

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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Summary

Amount repaid

$18.61

Amount remaining

$538.40

Expected completion

Dec 6, 2019

Status

Repaying late

Installment amount

$2.33

Repayment History

Expected Payments Actual Payments
Dec 1, 2017 $0.00
Dec 8, 2017 $2.33 Dec 5, 2017 $2.33
Dec 15, 2017 $2.33 Dec 5, 2017 $2.33
Dec 22, 2017 $2.33 Dec 5, 2017 $2.33
Dec 29, 2017 $2.33 Dec 5, 2017 $2.33
Jan 5, 2018 $2.33 Dec 5, 2017 $2.33
Jan 12, 2018 $2.33 Dec 5, 2017 $2.33
Jan 19, 2018 $2.33 Dec 5, 2017 $2.33
Jan 26, 2018 $2.33 Dec 5, 2017 $2.33
Feb 2, 2018 $2.33
Feb 9, 2018 $2.33
Feb 16, 2018 $2.33
Feb 23, 2018 $2.33
Mar 2, 2018 $2.33
Mar 9, 2018 $2.33
Mar 16, 2018 $2.33
Mar 23, 2018 $2.33
Mar 30, 2018 $2.33
Apr 6, 2018 $2.33
Apr 13, 2018 $2.33
Apr 20, 2018 $2.33
Apr 27, 2018 $2.33
May 4, 2018 $2.33
May 11, 2018 $2.33
May 18, 2018 $2.33
May 25, 2018 $2.33
Jun 1, 2018 $2.33
Jun 8, 2018 $2.33
Jun 15, 2018 $2.33
Jun 22, 2018 $2.33
Jun 29, 2018 $2.33
Jul 6, 2018 $2.33
Jul 13, 2018 $2.33
Jul 20, 2018 $2.33
Jul 27, 2018 $2.33
Aug 3, 2018 $2.33
Aug 10, 2018 $2.33
Aug 17, 2018 $2.33
Aug 24, 2018 $2.33
Aug 31, 2018 $2.33
Sep 7, 2018 $2.33
Sep 14, 2018 $2.33
Sep 21, 2018 $2.33
Sep 28, 2018 $2.33
Oct 5, 2018 $2.33
Oct 12, 2018 $2.33
Oct 19, 2018 $2.33
Oct 26, 2018 $2.33
Nov 2, 2018 $2.33
Nov 9, 2018 $2.33
Nov 16, 2018 $2.33
Nov 23, 2018 $2.33
Nov 30, 2018 $2.33
Dec 7, 2018 $2.33
Dec 14, 2018 $2.33
Dec 21, 2018 $2.33
Dec 28, 2018 $2.33
Jan 4, 2019 $2.33
Jan 11, 2019 $2.33
Jan 18, 2019 $2.33
Jan 25, 2019 $2.33
Feb 1, 2019 $2.33
Feb 8, 2019 $2.33
Feb 15, 2019 $2.33
Feb 22, 2019 $2.33
Mar 1, 2019 $2.33
Mar 8, 2019 $2.33
Mar 15, 2019 $2.33
Mar 22, 2019 $2.33
Mar 29, 2019 $2.33
Apr 5, 2019 $2.33
Apr 12, 2019 $2.33
Apr 19, 2019 $2.33
Apr 26, 2019 $2.33
May 3, 2019 $2.33
May 10, 2019 $2.33
May 17, 2019 $2.33
May 24, 2019 $2.33
May 31, 2019 $2.33
Jun 7, 2019 $2.33
Jun 14, 2019 $2.33
Jun 21, 2019 $2.33
Jun 28, 2019 $2.33
Jul 5, 2019 $2.33
Jul 12, 2019 $2.33
Jul 19, 2019 $2.33
Jul 26, 2019 $2.33
Aug 2, 2019 $2.33
Aug 9, 2019 $2.33
Aug 16, 2019 $2.33
Aug 23, 2019 $2.33
Aug 30, 2019 $2.33
Sep 6, 2019 $2.33
Sep 13, 2019 $2.33
Sep 20, 2019 $2.33
Sep 27, 2019 $2.33
Oct 4, 2019 $2.33
Oct 11, 2019 $2.33
Oct 18, 2019 $2.33
Oct 25, 2019 $2.33
Nov 1, 2019 $2.33
Nov 8, 2019 $2.33
Nov 15, 2019 $2.33
Nov 22, 2019 $2.33
Nov 29, 2019 $2.33
Dec 6, 2019 $315.13

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