Loan to purchase a mini-van for my wife's cold store

Reynolds

Abetifi, Ghana

1% repaid

Entrepreneur

Name

Reynolds

Member since

March 2016

On-time repayments

173 installments  •  57%

About Me

My childhood was quite amazing because things were moving in the right direction. My education also was good, until I lost my wonderful dad, who was a breadwinner by then. After the death of my dad, that was when I came to understand life more fully. Life began to be tough and the hardship kept on, until I came to meet my friend who introduced me to my business. Through his advice, I have managed to break through, even though I have not achieved all, but it is better now than previously.

Well, the uniqueness of my land (i.e., Ghana) is notable. Peace and freedom are offered to her nationals, as well as her hospitality to foreigners.

I want my children to become what God has ordained for them, so I am forcing myself to push them through. My hobby is reading and discovering new ideas about business. Thank you all.

My Business

Please am Reynolds,I sell phones and accessories.I also decode and repairs phones. This business is the highest movable business in my area. The patronize of this products is very great since each and every blessed day people do buy phones or accessories.They also repairs their damage phones too at my shop and this makes me earns high income(Profit)out of it.Travelling to the city is costly here so i buy my items in bulk at moderate price from the whole Sellers and resale them at retailers price to my customers and this also earn me some money.My profit margin is always high since i always make sales and i reinvest my gain(profit) into the business with the aim of widening it.thank you all my great lenders.

Loan Proposal

Dear lenders am much grateful for your support. I thank you all because without you,life would be no meaningful to me and my family.Once again,I thank you all. Please am here once again seeking for your support to buy second hand mini van truck to transport her frozen meats and fish to the work place after buying it from the whole seller's. Please the transportation cost involved when transporting things from the cities to the village is high due to the nature of the bad roads. And we owning our own truck is safe and it will cut down cost and save the business by increasing the profit margin. Dear lenders, please assist us to buy this truck to cut down cost and save our business by increasing the profit margin. Dear lenders, the cost of the second hand mini truck van here is 25,600$.Please lenders, kindly help us to buy this van to transport our goods.Thank you all for your support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,510.00

Date disbursed

Oct 26, 2017

Repayment status

Late

Projected term

44 months

Lenders

Q

Quomar

Żmigród, Poland

N

netsirkd

Highland, United States

F

Forfex

Zurich, Switzerland

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$21.15

Amount remaining

$1,488.08

Expected completion

Oct 21, 2019

Status

Repaying late

Installment amount

$58.11

Repayment History

Expected Payments Actual Payments
Nov 6, 2017 $0.46 Nov 8, 2017 $0.46
Nov 13, 2017 $0.46 Nov 13, 2017 $0.46
Nov 20, 2017 $0.46 Dec 5, 2017 $0.46
Nov 27, 2017 $0.46 Dec 5, 2017 $0.46
Dec 4, 2017 $0.46 Dec 5, 2017 $0.46
Dec 11, 2017 $0.46 Dec 18, 2017 $0.46
Dec 18, 2017 $0.46 Dec 18, 2017 $0.46
Dec 25, 2017 $0.46 Dec 18, 2017 $0.46
Jan 1, 2018 $0.46 Jan 13, 2018 $0.46
Jan 8, 2018 $0.46 Jan 23, 2018 $0.46
Jan 15, 2018 $0.46 Jan 23, 2018 $0.46
Jan 22, 2018 $0.46 Jan 23, 2018 $0.46
Jan 29, 2018 $0.46 Jan 23, 2018 $0.46
Feb 5, 2018 $0.46 Jan 23, 2018 $0.46
Feb 12, 2018 $0.46 Feb 5, 2018 $0.46
Feb 19, 2018 $0.46 Feb 5, 2018 $0.46
Feb 26, 2018 $0.46 Feb 5, 2018 $0.46
Mar 5, 2018 $0.46 Mar 13, 2018 $0.46
Mar 12, 2018 $0.46 Mar 13, 2018 $0.46
Mar 19, 2018 $0.46 Apr 9, 2018 $0.46
Mar 26, 2018 $0.46 Apr 9, 2018 $0.46
Apr 2, 2018 $0.00
Apr 9, 2018 $0.00
Apr 16, 2018 $0.00
Apr 23, 2018 $0.23 Apr 29, 2018 $0.23
Apr 30, 2018 $0.46 Apr 29, 2018 $0.46
May 7, 2018 $0.46 Apr 29, 2018 $0.23
May 16, 2018 $0.23
May 14, 2018 $0.46 May 16, 2018 $0.46
May 21, 2018 $0.46 May 16, 2018 $0.23
Jun 10, 2018 $0.23
May 28, 2018 $0.46 Jun 10, 2018 $0.46
Jun 4, 2018 $0.46 Jun 10, 2018 $0.23
Jun 11, 2018 $0.23
Jun 11, 2018 $0.46 Jun 11, 2018 $0.23
Jul 13, 2018 $0.23
Jun 18, 2018 $0.46 Jul 13, 2018 $0.46
Jun 25, 2018 $0.46 Jul 13, 2018 $0.23
Jul 23, 2018 $0.23
Jul 2, 2018 $0.46 Jul 23, 2018 $0.46
Jul 9, 2018 $0.46 Jul 31, 2018 $0.46
Jul 16, 2018 $0.46 Jul 31, 2018 $0.46
Jul 23, 2018 $0.46 Jul 31, 2018 $0.46
Jul 30, 2018 $0.46 Jul 31, 2018 $0.46
Aug 6, 2018 $0.46 Aug 5, 2018 $0.46
Aug 13, 2018 $0.46 Aug 5, 2018 $0.46
Aug 20, 2018 $0.46 Aug 6, 2018 $0.46
Aug 27, 2018 $0.46 Aug 6, 2018 $0.46
Sep 3, 2018 $0.46 Sep 8, 2018 $0.46
Sep 10, 2018 $0.46 Sep 8, 2018 $0.46
Sep 17, 2018 $0.00
Sep 24, 2018 $0.00
Oct 1, 2018 $0.00
Oct 8, 2018 $0.00
Oct 15, 2018 $0.00
Oct 22, 2018 $0.00
Oct 29, 2018 $0.00
Nov 5, 2018 $0.23 Nov 15, 2018 $0.23
Nov 12, 2018 $0.46 Nov 15, 2018 $0.46
Nov 19, 2018 $0.23 Nov 15, 2018 $0.23
Nov 26, 2018 $0.00
Dec 3, 2018 $0.00
Dec 10, 2018 $0.00
Dec 17, 2018 $0.00
Dec 24, 2018 $0.00
Dec 31, 2018 $0.23 Mar 4, 2019 $0.23
Jan 7, 2019 $0.23 Mar 4, 2019 $0.23
Jan 14, 2019 $0.00
Jan 21, 2019 $0.00
Jan 28, 2019 $0.00
Feb 4, 2019 $0.00
Feb 11, 2019 $0.00
Feb 18, 2019 $0.00
Feb 25, 2019 $0.00
Mar 4, 2019 $0.23 Apr 8, 2019 $0.23
Mar 11, 2019 $0.00
Mar 18, 2019 $0.00
Mar 25, 2019 $0.00
Apr 1, 2019 $0.00
Apr 8, 2019 $0.23 Apr 24, 2019 $0.23
Apr 15, 2019 $0.00
Apr 22, 2019 $0.00
Apr 29, 2019 $58.11
May 6, 2019 $58.11
May 13, 2019 $58.11
May 20, 2019 $58.11
May 27, 2019 $58.11
Jun 3, 2019 $58.11
Jun 10, 2019 $58.11
Jun 17, 2019 $58.11
Jun 24, 2019 $58.11
Jul 1, 2019 $58.11
Jul 8, 2019 $58.11
Jul 15, 2019 $58.11
Jul 22, 2019 $58.11
Jul 29, 2019 $58.11
Aug 5, 2019 $58.11
Aug 12, 2019 $58.11
Aug 19, 2019 $58.11
Aug 26, 2019 $58.11
Sep 2, 2019 $58.11
Sep 9, 2019 $58.11
Sep 16, 2019 $58.11
Sep 23, 2019 $58.11
Sep 30, 2019 $58.11
Oct 7, 2019 $58.11
Oct 14, 2019 $58.11
Oct 21, 2019 $35.33

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