Entrepreneur
Name
Chima
Member since
March 2015
On-time repayments
181 installments • 78%
About Me
My name is Ogbonna Chima, I had a humble beginning growing up
with my siblings. I developed a love for computers at a very young age and used that love to develop myself.
While developing myself I learnt to be disciplined and prudent which came as a result of a 2 years missionary service for the church of Jesus Christ of Latter day Saints.
After my service, I started business and after saving up Ghc 2500, I used the money to open my office and started operating till date. With my keen interest in IT and good money management skills I have been able to grow this business to a profitable one.
My Business
I have an apartment I will be renting out. I will be doing renovation work so that it can be ready for a tenant.
Loan Proposal
We have currently expanded into the soap making business and now sell to a good share of the market in Accra , Ghana. Now we are buying from wholesales and reselling to end users.
Buying the market will open new opportunities for as this will help us employ more hands and be able to offer good prices to our end users helping to create value and make more profit.
From our estimation, the soap mixer will increase our over profit by Ghc 611 weekly. After we pay off our loan, we can then expand and buy more soap mixer machines.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$358.00
Date disbursed
Nov 21, 2016
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
Summary
Amount repaid
$357.76
Amount remaining
$0.00
Date repaid
Mar 5, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 4, 2016 | $27.38 | Dec 7, 2016 | $27.38 |
| Dec 11, 2016 | $27.38 | Dec 15, 2016 | $27.38 |
| Dec 18, 2016 | $27.38 | Dec 24, 2016 | $27.38 |
| Dec 25, 2016 | $27.38 | Dec 30, 2016 | $27.38 |
| Jan 1, 2017 | $27.38 | Jan 7, 2017 | $27.38 |
| Jan 8, 2017 | $27.38 | Jan 13, 2017 | $27.38 |
| Jan 15, 2017 | $27.38 | Jan 20, 2017 | $27.38 |
| Jan 22, 2017 | $27.38 | Jan 26, 2017 | $27.38 |
| Jan 29, 2017 | $27.38 | Feb 2, 2017 | $27.38 |
| Feb 5, 2017 | $27.38 | Feb 11, 2017 | $27.38 |
| Feb 12, 2017 | $27.38 | Feb 16, 2017 | $27.38 |
| Feb 19, 2017 | $27.38 | Feb 21, 2017 | $27.38 |
| Feb 26, 2017 | $27.38 | Feb 26, 2017 | $27.38 |
| Mar 5, 2017 | $1.79 | Mar 5, 2017 | $1.79 |
Ask Chima a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.