Name
Seth
Member since
May 2016
On-time repayments
56 installments • 75%
I am popularly known by the name seth lumor, l am a native of Hohoe in the Volta region Ghana. I was born in the year 1990. I have attended A.M.E Zion primary and junior high school and completed in the year 2005 . After my junior high school, Although l was qualified to the next level but due to my poor family background l had to engage myself into minor work by helping somebody in his bread baking business to be able to raise some money for school fees and other items for my school. Thereafter I went to E.P senior high school where l had my certificate. Even in school l continued to work in the bakery and that was how my idea to start my own bread business came about. Hohoe is surrounded by mountainous villages full of tourist attractions. when l was in secondary school l like playing volleyball.
l bake bread and sell . Because bread is one of the cheapest commodity and also affordable, the demand is very high because Hohoe has a lot of schools and the most attracted tourist centers. because of this there are always a lot of visitors in the town . So, l choose this business because it is one of the fast moving business and l can distribute at any time that my customers need it. Flour, sugar, margarine and other ingredients are the most typical cost in bread baking, because, l don't have a support or much capital, l started with GHS 50.00 and now l can say proudly that through this baking business l am getting my daily bread, paying my rent without stress and l am building my capital too.
I need this loan to buy Gas Oven for my own production, this will help me to improve upon my production without depending on other people's oven.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$389.00
Date disbursed
Nov 14, 2016
Repayment status
On Time
Projected term
5 months
Other loans
Amount repaid
$389.49
Amount remaining
$0.00
Date repaid
Jul 13, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 25, 2016 | $16.63 | Nov 25, 2016 | $16.63 |
Dec 2, 2016 | $16.63 | Dec 2, 2016 | $16.63 |
Dec 9, 2016 | $16.63 | Dec 9, 2016 | $16.63 |
Dec 16, 2016 | $16.63 | Dec 16, 2016 | $16.63 |
Dec 23, 2016 | $16.63 | Dec 23, 2016 | $16.63 |
Dec 30, 2016 | $16.63 | Dec 30, 2016 | $16.63 |
Jan 6, 2017 | $16.63 | Jan 14, 2017 | $16.63 |
Jan 13, 2017 | $16.63 | Jan 14, 2017 | $16.63 |
Jan 20, 2017 | $16.63 | Jan 20, 2017 | $16.63 |
Jan 27, 2017 | $16.63 | Jan 27, 2017 | $16.63 |
Feb 3, 2017 | $16.63 | Feb 3, 2017 | $16.63 |
Feb 10, 2017 | $16.63 | Feb 10, 2017 | $16.63 |
Feb 17, 2017 | $16.63 | Feb 17, 2017 | $16.63 |
Feb 24, 2017 | $16.63 | Feb 27, 2017 | $16.63 |
Mar 3, 2017 | $16.63 | Mar 3, 2017 | $16.63 |
Mar 10, 2017 | $16.63 | Mar 17, 2017 | $16.63 |
Mar 17, 2017 | $16.63 | Mar 17, 2017 | $16.63 |
Mar 24, 2017 | $16.63 | Mar 26, 2017 | $16.63 |
Mar 31, 2017 | $16.63 | Apr 7, 2017 | $16.63 |
Apr 7, 2017 | $16.63 | Apr 7, 2017 | $16.63 |
Apr 14, 2017 | $16.63 | Jul 11, 2018 | $16.63 |
Apr 21, 2017 | $16.63 | Jul 13, 2018 | $16.63 |
Apr 28, 2017 | $16.63 | Jul 13, 2018 | $16.63 |
May 5, 2017 | $6.91 | Jul 13, 2018 | $6.91 |
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