Entrepreneur
Name
Owusu
Member since
February 2016
On-time repayments
99 installments • 17%
About Me
hello lenders my name is Owusu Dorcas I am a mother of three children ,sara,Naomi and Oscar aged 6,4 and 2 respectively. I went to Abeka lapez Methodist primary school and later joined Accra Academy girls for secondary education, I then went to kumasi polytechnic for tailoring and cloth making course and graduated with a certificate. I got married while I was still a young girl after falling pregnant ,My husband and I moved in together but we did not have any source of income ,we skipped meals and I failed to attend clinic during my first pregnancy because of lack of money. My husband final got a job in a hotel and life started changing.He used his first salary to buy me sewing machine which , I started by working from the house since we didn't have enough money to use in the renting of a shop for the business.The business picked up well and I managed to rent a small room from where i ran my business.The business has now expanded and I have five assistants and three machines. I am happy with the business because it has helped me create employment and also helps me earn my living.
I love singing and dancing. I am the choir mistress in our church.During the free time we join with other church members to visit the sick,orphans and the elderly. I always fill good and fulfilled when I help the less disadvantaged in the society through moral support.
My Business
I do tailoring ,design and cloth making. I usually make African design cloths (vitenge) for women. I have a female assistants. The demand for the cloths is high and my target clients are tourists and locals. I also make cloths and supply them to retailers and that has boosted my business.
I choose clothing industry because it is profitable and enjoyable.
My typical costs per moth are $150 and my typical revenues per month are $400 per month.
I use my revenues to pay fees for my children,support my husband and reinvest in the business as I execute my expansion plan.
Loan Proposal
Hello lenders.I recently moved to a bigger spacious shop which can hold up to six tailors ,but currently we are only three . I am looking forward to adding more three but due to financial constraints I have not been able. Given the loan,I would add one more sewing machine which will enable me to expand the business and tackle more job.It will increase my revenues and also reduce waiting time for customers.Thank you in advance
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 3, 2016
Repayment status
Late
Projected term
23 months
Lenders
Taiwan
United Kingdom
Summary
Amount repaid
$20.46
Amount remaining
$84.73
Expected completion
Feb 4, 2018
Status
Repaying late
Installment amount
$1.05
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 13, 2016 | $2.62 | Mar 14, 2016 | $2.62 |
| Mar 20, 2016 | $0.00 | ||
| Mar 27, 2016 | $1.05 | Mar 23, 2016 | $1.05 |
| Apr 3, 2016 | $1.05 | Mar 23, 2016 | $1.05 |
| Apr 10, 2016 | $1.05 | Mar 23, 2016 | $1.05 |
| Apr 17, 2016 | $1.05 | Mar 23, 2016 | $1.05 |
| Apr 24, 2016 | $1.05 | Mar 23, 2016 | $1.05 |
| May 1, 2016 | $1.05 | Mar 23, 2016 | $1.05 |
| May 8, 2016 | $1.05 | Mar 23, 2016 | $1.05 |
| May 15, 2016 | $1.05 | Mar 23, 2016 | $1.05 |
| May 22, 2016 | $1.05 | Mar 23, 2016 | $1.05 |
| May 29, 2016 | $1.05 | Jun 12, 2016 | $1.05 |
| Jun 5, 2016 | $1.05 | Jun 12, 2016 | $1.05 |
| Jun 12, 2016 | $1.05 | Jun 12, 2016 | $1.05 |
| Jun 19, 2016 | $1.05 | Jun 12, 2016 | $1.05 |
| Jun 26, 2016 | $1.05 | Jun 12, 2016 | $1.05 |
| Jul 3, 2016 | $1.05 | Jun 12, 2016 | $1.05 |
| Jul 10, 2016 | $1.05 | Jun 12, 2016 | $1.05 |
| Jul 17, 2016 | $1.05 | Jun 12, 2016 | $1.05 |
| Jul 24, 2016 | $1.05 | ||
| Jul 31, 2016 | $1.05 | ||
| Aug 7, 2016 | $1.05 | ||
| Aug 14, 2016 | $1.05 | ||
| Aug 21, 2016 | $1.05 | ||
| Aug 28, 2016 | $1.05 | ||
| Sep 4, 2016 | $1.05 | ||
| Sep 11, 2016 | $1.05 | ||
| Sep 18, 2016 | $1.05 | ||
| Sep 25, 2016 | $1.05 | ||
| Oct 2, 2016 | $1.05 | ||
| Oct 9, 2016 | $1.05 | ||
| Oct 16, 2016 | $1.05 | ||
| Oct 23, 2016 | $1.05 | ||
| Oct 30, 2016 | $1.05 | ||
| Nov 6, 2016 | $1.05 | ||
| Nov 13, 2016 | $1.05 | ||
| Nov 20, 2016 | $1.05 | ||
| Nov 27, 2016 | $1.05 | ||
| Dec 4, 2016 | $1.05 | ||
| Dec 11, 2016 | $1.05 | ||
| Dec 18, 2016 | $1.05 | ||
| Dec 25, 2016 | $1.05 | ||
| Jan 1, 2017 | $1.05 | ||
| Jan 8, 2017 | $1.05 | ||
| Jan 15, 2017 | $1.05 | ||
| Jan 22, 2017 | $1.05 | ||
| Jan 29, 2017 | $1.05 | ||
| Feb 5, 2017 | $1.05 | ||
| Feb 12, 2017 | $1.05 | ||
| Feb 19, 2017 | $1.05 | ||
| Feb 26, 2017 | $1.05 | ||
| Mar 5, 2017 | $1.05 | ||
| Mar 12, 2017 | $1.05 | ||
| Mar 19, 2017 | $1.05 | ||
| Mar 26, 2017 | $1.05 | ||
| Apr 2, 2017 | $1.05 | ||
| Apr 9, 2017 | $1.05 | ||
| Apr 16, 2017 | $1.05 | ||
| Apr 23, 2017 | $1.05 | ||
| Apr 30, 2017 | $1.05 | ||
| May 7, 2017 | $1.05 | ||
| May 14, 2017 | $1.05 | ||
| May 21, 2017 | $1.05 | ||
| May 28, 2017 | $1.05 | ||
| Jun 4, 2017 | $1.05 | ||
| Jun 11, 2017 | $1.05 | ||
| Jun 18, 2017 | $1.05 | ||
| Jun 25, 2017 | $1.05 | ||
| Jul 2, 2017 | $1.05 | ||
| Jul 9, 2017 | $1.05 | ||
| Jul 16, 2017 | $1.05 | ||
| Jul 23, 2017 | $1.05 | ||
| Jul 30, 2017 | $1.05 | ||
| Aug 6, 2017 | $1.05 | ||
| Aug 13, 2017 | $1.05 | ||
| Aug 20, 2017 | $1.05 | ||
| Aug 27, 2017 | $1.05 | ||
| Sep 3, 2017 | $1.05 | ||
| Sep 10, 2017 | $1.05 | ||
| Sep 17, 2017 | $1.05 | ||
| Sep 24, 2017 | $1.05 | ||
| Oct 1, 2017 | $1.05 | ||
| Oct 8, 2017 | $1.05 | ||
| Oct 15, 2017 | $1.05 | ||
| Oct 22, 2017 | $1.05 | ||
| Oct 29, 2017 | $1.05 | ||
| Nov 5, 2017 | $1.05 | ||
| Nov 12, 2017 | $1.05 | ||
| Nov 19, 2017 | $1.05 | ||
| Nov 26, 2017 | $1.05 | ||
| Dec 3, 2017 | $1.05 | ||
| Dec 10, 2017 | $1.05 | ||
| Dec 17, 2017 | $1.05 | ||
| Dec 24, 2017 | $1.05 | ||
| Dec 31, 2017 | $1.05 | ||
| Jan 7, 2018 | $1.05 | ||
| Jan 14, 2018 | $1.05 | ||
| Jan 21, 2018 | $1.05 | ||
| Jan 28, 2018 | $1.05 | ||
| Feb 4, 2018 | $0.79 | ||
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