Entrepreneur
Name
Asamoah
Member since
May 2015
On-time repayments
90 installments • 84%
About Me
Grew up in a small community of Sunyani called Tosuom Estate. Attended Baptize Primary and JHS and continued to Kumasi High School. Growing up was not easy but was determined to succed. Education isthe key to success and hence was very serious with my education. Along the line i had to break my studies to work in a retail store just to raise fund to further my education. Currently doing a professional course in Accounting and hoping to start my masters degree soon. My kids would love to be a professional accountant.
My Business
I sell Kente cloth .This is a hand made cloth used for all kind of occasions. Will need to get a small van which will be used for the distribution. Aside the kente i also sell African prints. Most government workers in Ghana prefer to wear the African prints on Fridays to work hence the demand is high.
Loan Proposal
This loan will enable me buy new stock of Kente cloth. Christmas is just around the corner and during this festive season the demand for the Kente cloth is very high and as such the prices also becomes high. In order to meet my customers demands and maintain the good relationship that exist between us I will need a new stock so that by the time we get to Xmas I will have enough stock to meet their demands.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$106.00
Date disbursed
Oct 29, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Austin, United States
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Summary
Amount repaid
$103.00
Amount remaining
$0.00
Date repaid
Dec 13, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 8, 2015 | $15.00 | Nov 8, 2015 | $15.00 |
| Nov 15, 2015 | $15.00 | Nov 15, 2015 | $15.00 |
| Nov 22, 2015 | $0.00 | ||
| Nov 29, 2015 | $20.00 | Nov 23, 2015 | $15.00 |
| Nov 30, 2015 | $5.00 | ||
| Dec 6, 2015 | $20.00 | Nov 30, 2015 | $15.00 |
| Dec 8, 2015 | $5.00 | ||
| Dec 13, 2015 | $33.00 | Dec 8, 2015 | $15.00 |
| Dec 13, 2015 | $18.00 | ||
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