Renting shop for barbering services and footwear sales

Augustine

Kumasi Via Breman Ugc, Ghana

100% repaid

Entrepreneur

Name

Augustine

Member since

August 2017

On-time repayments

130 installments  •  88%

About Me

I am a young man of 33years married to Eunice Owusu with two children. I started life in Sunyani, I attended both primary ,high school and university in Sunyani the brong Ahafo regional capital of Ghana. I live in Kumasi, Breman UGC to be precise. I started working as a barber while I was in the high school and later developed some passion for business since it was the second job for my boss b then, so I took some experience from him with regards to the business of buying and selling. since then business has become part of me. so my core business for now barbering and retail of sandals and slippers.

My Business

The proceeds of my business comes from the barbershop and the retail business. the barbering shop I am able to make average daily sales of $25 and resale of sandals fetch me daily sales $100. my business is very lucrative that why I need financial support to expand.

Loan Proposal

This loan will assist me to rent a shop and purchase other essential equipment such as sterilizing machine, haircut machine and air condition. The sterilizing machine will cost approximately $75, the haircut machine will cost approximately $72 and I will be purchasing three of them. I have negotiated for an air condition from a dealer which will cost approximately $250 and I will pay this in monthly installments. I also estimate that other items that fall under miscellaneous expenses will be approximately $100.
I will also be needing a display shelve for the footwear which will cost approximately $100.
I make a weekly earnings of around $100 and I expect this to increase to $250 after renting the shop and obtaining the items above.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$196.00

Date disbursed

Aug 14, 2017

Repayment status

On Time

Projected term

9 months

Lenders

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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Summary

Amount repaid

$196.42

Amount remaining

$0.00

Date repaid

Nov 13, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 25, 2017 $4.79 Aug 25, 2017 $4.79
Sep 1, 2017 $4.79 Sep 4, 2017 $4.79
Sep 8, 2017 $4.79 Sep 8, 2017 $4.79
Sep 15, 2017 $4.79 Sep 13, 2017 $4.79
Sep 22, 2017 $4.79 Sep 22, 2017 $4.79
Sep 29, 2017 $4.79 Sep 29, 2017 $4.79
Oct 6, 2017 $4.79 Sep 29, 2017 $4.79
Oct 13, 2017 $4.79 Sep 29, 2017 $4.79
Oct 20, 2017 $4.79 Sep 29, 2017 $4.79
Oct 27, 2017 $4.79 Sep 29, 2017 $4.79
Nov 3, 2017 $4.79 Oct 30, 2017 $4.79
Nov 10, 2017 $4.79 Oct 30, 2017 $4.79
Nov 17, 2017 $4.79 Oct 30, 2017 $4.79
Nov 24, 2017 $4.79 Oct 30, 2017 $4.79
Dec 1, 2017 $4.79 Oct 30, 2017 $4.79
Dec 8, 2017 $4.79 Nov 13, 2017 $4.79
Dec 15, 2017 $4.79 Nov 13, 2017 $4.79
Dec 22, 2017 $4.79 Nov 13, 2017 $4.79
Dec 29, 2017 $4.79 Nov 13, 2017 $4.79
Jan 5, 2018 $4.79 Nov 13, 2017 $4.79
Jan 12, 2018 $4.79 Nov 13, 2017 $4.79
Jan 19, 2018 $4.79 Nov 13, 2017 $4.79
Jan 26, 2018 $4.79 Nov 13, 2017 $4.79
Feb 2, 2018 $4.79 Nov 13, 2017 $4.79
Feb 9, 2018 $4.79 Nov 13, 2017 $4.79
Feb 16, 2018 $4.79 Nov 13, 2017 $4.79
Feb 23, 2018 $4.79 Nov 13, 2017 $4.79
Mar 2, 2018 $4.79 Nov 13, 2017 $4.79
Mar 9, 2018 $4.79 Nov 13, 2017 $4.79
Mar 16, 2018 $4.79 Nov 13, 2017 $4.79
Mar 23, 2018 $4.79 Nov 13, 2017 $4.79
Mar 30, 2018 $4.79 Nov 13, 2017 $4.79
Apr 6, 2018 $4.79 Nov 13, 2017 $4.79
Apr 13, 2018 $4.79 Nov 13, 2017 $4.79
Apr 20, 2018 $4.79 Nov 13, 2017 $4.79
Apr 27, 2018 $4.79 Nov 13, 2017 $4.79
May 4, 2018 $4.79 Nov 13, 2017 $4.79
May 11, 2018 $4.79 Nov 13, 2017 $4.79
May 18, 2018 $4.79 Nov 13, 2017 $4.79
May 25, 2018 $4.79 Nov 13, 2017 $4.79
Jun 1, 2018 $4.79 Nov 13, 2017 $4.79

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