Freda
Kumasi-bomso, Ghana
4% repaid
Name
Freda
Member since
January 2017
On-time repayments
148 installments • 18%
My name is Freda Kodua from Bomso-kumasi. I live very close to the Holy Trinity Chapel. My parents are from Ghanaian descents and they are blessed with nine children and i am the third. My parents are both tomato farmers. I had my educational training at Holy Trinity Preparatory school where i sat for the Basic Education Certificate Examination and emerged victorious.
I had the best grade among my colleagues in my graduating year and was awarded for the feat chopped. The year i completed my JHS, my parents had a tough time raising money for my further studies. They are farmers and they cultivate tomatoes and other vegetable types in small quantities to feed the family and sell the rest to raise money for our expenses. The year i completed my Junior high school education, there were a serious famine and my parents were unable to get enough money from the farm produce because the rains did not set in early so most of the plant withered and died.
I had no other option than to stay home for one academic year before enrolling in the senior high school. After gaining admission into the university i realised that university education in Africa is very costly so i had the passion and the zeal to do business on campus to cushion the support that was coming from parents since that was not enough. In the future i want my children to be educated and be responsible citizens who will contribute their quota.
I am a young businesswoman and a hardworking bsc. economics student who sells second hand ladies wears to student at the university campus. I operate a door to door style of marketing and i raise a lot of profit from the business. I begun with a small capital but due to hard-work and dedication to duty, the business has progressed.
I sell cheap and affordable second-hand ladies wears. I chose to do this because many students cannot afford the cost of first class wears and this provide them with a good alternative. The demand for this second-hand ladies wears are increasing especially those from less endowed family background patronises my service and goods.My customers keeps going up due to the warmly good service I render to them.The business is among the leading campus businesses and people from different environment even come to me to buy the goods. I make more revenue from the sale of these goods everyday and the total revenue that accrued from the business is very good and encouraging.The profits i get from sales is reinvested into the business to make it grow bigger and wider in order to generate more revenue and also to stand tall above other dealers on campus. 400 dollars worth of second hand clothes when resell could fetch me 80 dollars every week. The business is very attractive and i need more goods to sell and make more revenue.
I will use the loan to buy more and affordable second-hand clothes and sell it on campus to generate more revenue to support myself pay for tuition and residential fees. I need about 400 dollars to secure enough of these goods so that i can make the needed profit to pay for my university tuition fees and residential fees. The loan when given will help in my business expansion and also i could raise enough money for my expenses and school cost.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$427.00
Date disbursed
Jul 12, 2017
Repayment status
Late
Projected term
30 months
Other loans
Amount repaid
$18.44
Amount remaining
$408.64
Expected completion
Jan 7, 2020
Status
Repaying late
Installment amount
$0.96
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 25, 2017 | $4.79 | Jul 26, 2017 | $2.40 |
Aug 9, 2017 | $2.40 | ||
Aug 1, 2017 | $4.79 | Aug 9, 2017 | $4.79 |
Aug 8, 2017 | $4.79 | Aug 9, 2017 | $4.79 |
Aug 15, 2017 | $0.00 | ||
Aug 22, 2017 | $1.20 | Aug 22, 2017 | $1.20 |
Aug 29, 2017 | $1.20 | Aug 22, 2017 | $1.20 |
Sep 5, 2017 | $1.20 | Sep 11, 2017 | $1.20 |
Sep 12, 2017 | $0.48 | Sep 11, 2017 | $0.48 |
Sep 19, 2017 | $0.00 | ||
Sep 26, 2017 | $0.00 | ||
Oct 3, 2017 | $0.00 | ||
Oct 10, 2017 | $0.00 | ||
Oct 17, 2017 | $0.00 | ||
Oct 24, 2017 | $0.00 | ||
Oct 31, 2017 | $0.00 | ||
Nov 7, 2017 | $0.00 | ||
Nov 14, 2017 | $0.00 | ||
Nov 21, 2017 | $0.00 | ||
Nov 28, 2017 | $0.00 | ||
Dec 5, 2017 | $0.00 | ||
Dec 12, 2017 | $0.00 | ||
Dec 19, 2017 | $0.00 | ||
Dec 26, 2017 | $0.00 | ||
Jan 2, 2018 | $0.00 | ||
Jan 9, 2018 | $0.96 | ||
Jan 16, 2018 | $0.96 | ||
Jan 23, 2018 | $0.96 | ||
Jan 30, 2018 | $0.96 | ||
Feb 6, 2018 | $0.96 | ||
Feb 13, 2018 | $0.96 | ||
Feb 20, 2018 | $0.96 | ||
Feb 27, 2018 | $0.96 | ||
Mar 6, 2018 | $0.96 | ||
Mar 13, 2018 | $0.96 | ||
Mar 20, 2018 | $0.96 | ||
Mar 27, 2018 | $0.96 | ||
Apr 3, 2018 | $0.96 | ||
Apr 10, 2018 | $0.96 | ||
Apr 17, 2018 | $0.96 | ||
Apr 24, 2018 | $0.96 | ||
May 1, 2018 | $0.96 | ||
May 8, 2018 | $0.96 | ||
May 15, 2018 | $0.96 | ||
May 22, 2018 | $0.96 | ||
May 29, 2018 | $0.96 | ||
Jun 5, 2018 | $0.96 | ||
Jun 12, 2018 | $0.96 | ||
Jun 19, 2018 | $0.96 | ||
Jun 26, 2018 | $0.96 | ||
Jul 3, 2018 | $0.96 | ||
Jul 10, 2018 | $0.96 | ||
Jul 17, 2018 | $0.96 | ||
Jul 24, 2018 | $0.96 | ||
Jul 31, 2018 | $0.96 | ||
Aug 7, 2018 | $0.96 | ||
Aug 14, 2018 | $0.96 | ||
Aug 21, 2018 | $0.96 | ||
Aug 28, 2018 | $0.96 | ||
Sep 4, 2018 | $0.96 | ||
Sep 11, 2018 | $0.96 | ||
Sep 18, 2018 | $0.96 | ||
Sep 25, 2018 | $0.96 | ||
Oct 2, 2018 | $0.96 | ||
Oct 9, 2018 | $0.96 | ||
Oct 16, 2018 | $0.96 | ||
Oct 23, 2018 | $0.96 | ||
Oct 30, 2018 | $0.96 | ||
Nov 6, 2018 | $0.96 | ||
Nov 13, 2018 | $0.96 | ||
Nov 20, 2018 | $0.96 | ||
Nov 27, 2018 | $0.96 | ||
Dec 4, 2018 | $0.96 | ||
Dec 11, 2018 | $0.96 | ||
Dec 18, 2018 | $0.96 | ||
Dec 25, 2018 | $0.96 | ||
Jan 1, 2019 | $0.96 | ||
Jan 8, 2019 | $0.96 | ||
Jan 15, 2019 | $0.96 | ||
Jan 22, 2019 | $0.96 | ||
Jan 29, 2019 | $0.96 | ||
Feb 5, 2019 | $0.96 | ||
Feb 12, 2019 | $0.96 | ||
Feb 19, 2019 | $0.96 | ||
Feb 26, 2019 | $0.96 | ||
Mar 5, 2019 | $0.96 | ||
Mar 12, 2019 | $0.96 | ||
Mar 19, 2019 | $0.96 | ||
Mar 26, 2019 | $0.96 | ||
Apr 2, 2019 | $0.96 | ||
Apr 9, 2019 | $0.96 | ||
Apr 16, 2019 | $0.96 | ||
Apr 23, 2019 | $0.96 | ||
Apr 30, 2019 | $0.96 | ||
May 7, 2019 | $0.96 | ||
May 14, 2019 | $0.96 | ||
May 21, 2019 | $0.96 | ||
May 28, 2019 | $0.96 | ||
Jun 4, 2019 | $0.96 | ||
Jun 11, 2019 | $0.96 | ||
Jun 18, 2019 | $0.96 | ||
Jun 25, 2019 | $0.96 | ||
Jul 2, 2019 | $0.96 | ||
Jul 9, 2019 | $0.96 | ||
Jul 16, 2019 | $0.96 | ||
Jul 23, 2019 | $0.96 | ||
Jul 30, 2019 | $0.96 | ||
Aug 6, 2019 | $0.96 | ||
Aug 13, 2019 | $0.96 | ||
Aug 20, 2019 | $0.96 | ||
Aug 27, 2019 | $0.96 | ||
Sep 3, 2019 | $0.96 | ||
Sep 10, 2019 | $0.96 | ||
Sep 17, 2019 | $0.96 | ||
Sep 24, 2019 | $0.96 | ||
Oct 1, 2019 | $0.96 | ||
Oct 8, 2019 | $0.96 | ||
Oct 15, 2019 | $0.96 | ||
Oct 22, 2019 | $0.96 | ||
Oct 29, 2019 | $0.96 | ||
Nov 5, 2019 | $0.96 | ||
Nov 12, 2019 | $0.96 | ||
Nov 19, 2019 | $0.96 | ||
Nov 26, 2019 | $0.96 | ||
Dec 3, 2019 | $0.96 | ||
Dec 10, 2019 | $0.96 | ||
Dec 17, 2019 | $0.96 | ||
Dec 24, 2019 | $0.96 | ||
Dec 31, 2019 | $0.96 | ||
Jan 7, 2020 | $309.00 |
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