Entrepreneur
Name
Naomi
Member since
April 2016
On-time repayments
66 installments • 61%
About Me
My name is Naomi konadu from Kumawu, I know that remaining idle is a vice so right at an early age when i realized that i could not make it through school, i took to trading very fast. The struggle to start this small second hand clothes business was so tough but i gradually overcame it. As i write i work throughout the whole week selling second hand clothes at lower prices in my community. i am hard working, focused and determined to own a large boutique in the near future and i believe that i have come to the right place on this platform.
My Business
I sell second hand clothes in my community and beyond since i travel to nearby towns and villages on market days to go and do business there too. When i started this business, the capital to start was not huge as compared to starting today so at that time i used the little cash i had to start. it is very lucrative, i have been in it for more than one year even though you need experience to work in this business i have made a lot of progress ever since i began.
All my profits are divided into three, savings, i live on part.
Loan Proposal
The loan will help me to go for goods from the city of Ghana called Kumasi where i will be able to purchase 9large bales of second hand clothes imported into the country. Each bale now cost $60 hence this multiplied by nine will leave me with some $50 excess which will cover the cost of transportation for both in and out.
This aid will help me start working towards my boutique dream since access to capital is possible on this platform and i will have to keep my schedules of payments so as to be helped the more to my community, they will have access to variety of clothes at reduced and affordable prices.
When i receive this help, my profit margin will increase greatly and am already happy about the future.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$512.00
Date disbursed
Oct 20, 2016
Repayment status
Late
Projected term
447 months
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Summary
Amount repaid
$29.32
Amount remaining
$482.50
Expected completion
Aug 21, 2017
Status
Repaying late
Installment amount
$19.80
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 31, 2016 | $7.72 | Oct 29, 2016 | $7.72 |
| Nov 7, 2016 | $0.77 | Nov 8, 2016 | $0.77 |
| Nov 14, 2016 | $0.77 | Nov 8, 2016 | $0.77 |
| Nov 21, 2016 | $0.77 | Nov 8, 2016 | $0.77 |
| Nov 28, 2016 | $0.77 | Nov 8, 2016 | $0.77 |
| Dec 5, 2016 | $0.77 | Nov 8, 2016 | $0.77 |
| Dec 12, 2016 | $0.77 | Nov 8, 2016 | $0.77 |
| Dec 19, 2016 | $0.77 | Nov 8, 2016 | $0.77 |
| Dec 26, 2016 | $0.77 | Nov 8, 2016 | $0.77 |
| Jan 2, 2017 | $0.77 | Nov 8, 2016 | $0.77 |
| Jan 9, 2017 | $0.77 | Nov 8, 2016 | $0.77 |
| Jan 16, 2017 | $0.77 | Jan 15, 2017 | $0.77 |
| Jan 23, 2017 | $0.77 | Jan 15, 2017 | $0.77 |
| Jan 30, 2017 | $0.77 | Jan 15, 2017 | $0.77 |
| Feb 6, 2017 | $0.77 | Jan 15, 2017 | $0.77 |
| Feb 13, 2017 | $0.77 | Jan 15, 2017 | $0.77 |
| Feb 20, 2017 | $0.77 | Mar 6, 2017 | $0.77 |
| Feb 27, 2017 | $0.77 | Mar 6, 2017 | $0.77 |
| Mar 6, 2017 | $19.80 | Mar 6, 2017 | $4.63 |
| Mar 13, 2017 | $19.80 | ||
| Mar 20, 2017 | $19.80 | ||
| Mar 27, 2017 | $19.80 | ||
| Apr 3, 2017 | $19.80 | ||
| Apr 10, 2017 | $19.80 | ||
| Apr 17, 2017 | $19.80 | ||
| Apr 24, 2017 | $19.80 | ||
| May 1, 2017 | $19.80 | ||
| May 8, 2017 | $19.80 | ||
| May 15, 2017 | $19.80 | ||
| May 22, 2017 | $19.80 | ||
| May 29, 2017 | $19.80 | ||
| Jun 5, 2017 | $19.80 | ||
| Jun 12, 2017 | $19.80 | ||
| Jun 19, 2017 | $19.80 | ||
| Jun 26, 2017 | $19.80 | ||
| Jul 3, 2017 | $19.80 | ||
| Jul 10, 2017 | $19.80 | ||
| Jul 17, 2017 | $19.80 | ||
| Jul 24, 2017 | $19.80 | ||
| Jul 31, 2017 | $19.80 | ||
| Aug 7, 2017 | $19.80 | ||
| Aug 14, 2017 | $19.80 | ||
| Aug 21, 2017 | $15.69 | ||
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