Selling sandals to put myself through school

Martin

Kumasi, Ghana

2% repaid

Entrepreneur

Name

Martin

Member since

March 2017

On-time repayments

134 installments  •  23%

About Me

My name is Martin Korsah. I live in a village with my parents and i am the first of my parent's seven children. I went to S.d.a primary and jhs. I was a brilliant student and passed all my exams but because of lack of money on the part of my parents, i sat in the house for years before entering senior high school. A good samaritan paid for my admission fees. I started looking for part - time job to get my needs catered for and this made me to nurse the ambition of being an entrepreneur. I immediately got into selling footwears to my colleagues to raise money for my basic needs and personal expenses. I am very hardworking and an intelligent student entrepreneur who engages in the sales of slippers and footwears to colleague students and all other peoples within my catchment area. I provide these services at very cool and cheap/ affordable prices to my customers to raise revenue to offset the cost of my education.

My Business

I started the business with my small savings because i realised i could be a drop out from school if i do not start something on my own to cater for my expenses because my parents were not forthcoming with the needed financial support. I sell slippers/footwears to colleagues, course-mates and others who are in need of the products and my services. I provide these goods at cool and cheaper prices to my course-mates and because the prices are moderate all manner of people patronise them irrespective of their financial strength.Real entrepreneurs believe in self confidence and the this yields success.

Loan Proposal

I will use the the loan to procure more goods to resell and generate enough revenue to expand my business and also make sure i settle the loan on time. I need about 1000 dollars to procure these goods which will help me to make more revenue to keep my business running. The loan will help me to get money to pay my university tuition fees and accommodation. The loan will help me to maximise my weekly and daily profits and help to get more money to expand my business and grow it bigger.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,754.00

Date disbursed

Dec 19, 2017

Repayment status

Late

Projected term

25 months

Lenders

R

Ralf

Bremen, Germany

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

Katja

Switzerland

A

Anonymous

United States

S

SmartDoDo

Utrecht, Netherlands

T

TP

United States

Genuine Interest

Singapore, Singapore

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Summary

Amount repaid

$33.27

Amount remaining

$1,721.16

Expected completion

Jan 14, 2020

Status

Repaying late

Installment amount

$2.22

Repayment History

Expected Payments Actual Payments
Dec 26, 2017 $22.18 Jan 10, 2018 $22.18
Jan 2, 2018 $0.00
Jan 9, 2018 $0.00
Jan 16, 2018 $2.22 Jan 16, 2018 $2.22
Jan 23, 2018 $2.22 Jan 23, 2018 $2.22
Jan 30, 2018 $2.22 Jan 30, 2018 $2.22
Feb 6, 2018 $2.22 Feb 6, 2018 $2.22
Feb 13, 2018 $2.22 Feb 13, 2018 $2.22
Feb 20, 2018 $2.22
Feb 27, 2018 $2.22
Mar 6, 2018 $2.22
Mar 13, 2018 $2.22
Mar 20, 2018 $2.22
Mar 27, 2018 $2.22
Apr 3, 2018 $2.22
Apr 10, 2018 $2.22
Apr 17, 2018 $2.22
Apr 24, 2018 $2.22
May 1, 2018 $2.22
May 8, 2018 $2.22
May 15, 2018 $2.22
May 22, 2018 $2.22
May 29, 2018 $2.22
Jun 5, 2018 $2.22
Jun 12, 2018 $2.22
Jun 19, 2018 $2.22
Jun 26, 2018 $2.22
Jul 3, 2018 $2.22
Jul 10, 2018 $2.22
Jul 17, 2018 $2.22
Jul 24, 2018 $2.22
Jul 31, 2018 $2.22
Aug 7, 2018 $2.22
Aug 14, 2018 $2.22
Aug 21, 2018 $2.22
Aug 28, 2018 $2.22
Sep 4, 2018 $2.22
Sep 11, 2018 $2.22
Sep 18, 2018 $2.22
Sep 25, 2018 $2.22
Oct 2, 2018 $2.22
Oct 9, 2018 $2.22
Oct 16, 2018 $2.22
Oct 23, 2018 $2.22
Oct 30, 2018 $2.22
Nov 6, 2018 $2.22
Nov 13, 2018 $2.22
Nov 20, 2018 $2.22
Nov 27, 2018 $2.22
Dec 4, 2018 $2.22
Dec 11, 2018 $2.22
Dec 18, 2018 $2.22
Dec 25, 2018 $2.22
Jan 1, 2019 $2.22
Jan 8, 2019 $2.22
Jan 15, 2019 $2.22
Jan 22, 2019 $2.22
Jan 29, 2019 $2.22
Feb 5, 2019 $2.22
Feb 12, 2019 $2.22
Feb 19, 2019 $2.22
Feb 26, 2019 $2.22
Mar 5, 2019 $2.22
Mar 12, 2019 $2.22
Mar 19, 2019 $2.22
Mar 26, 2019 $2.22
Apr 2, 2019 $2.22
Apr 9, 2019 $2.22
Apr 16, 2019 $2.22
Apr 23, 2019 $2.22
Apr 30, 2019 $2.22
May 7, 2019 $2.22
May 14, 2019 $2.22
May 21, 2019 $2.22
May 28, 2019 $2.22
Jun 4, 2019 $2.22
Jun 11, 2019 $2.22
Jun 18, 2019 $2.22
Jun 25, 2019 $2.22
Jul 2, 2019 $2.22
Jul 9, 2019 $2.22
Jul 16, 2019 $2.22
Jul 23, 2019 $2.22
Jul 30, 2019 $2.22
Aug 6, 2019 $2.22
Aug 13, 2019 $2.22
Aug 20, 2019 $2.22
Aug 27, 2019 $2.22
Sep 3, 2019 $2.22
Sep 10, 2019 $2.22
Sep 17, 2019 $2.22
Sep 24, 2019 $2.22
Oct 1, 2019 $2.22
Oct 8, 2019 $2.22
Oct 15, 2019 $2.22
Oct 22, 2019 $2.22
Oct 29, 2019 $2.22
Nov 5, 2019 $2.22
Nov 12, 2019 $2.22
Nov 19, 2019 $2.22
Nov 26, 2019 $2.22
Dec 3, 2019 $2.22
Dec 10, 2019 $2.22
Dec 17, 2019 $2.22
Dec 24, 2019 $2.22
Dec 31, 2019 $2.22
Jan 7, 2020 $2.22
Jan 14, 2020 $1,501.55

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