Entrepreneur
Name
Rachel
Member since
March 2017
On-time repayments
184 installments • 67%
About Me
l attended school at Prestea Goldfield International School in the western Region. l would go to farm in the morning before school. We planted groundnut in lines so I had to weed four lines before leaving for school. l sold dross used by the white ladies since l see it to be new and imported from abroad.
l realized I needed to set up a business so that if I am sacked from my employment, l will not be idle and have to begin to beg for food. My residence site was also a factor in the business l chose. The land is full of stones so without anything you have to crack stones. My dream is to build my business and know how to fish as life goes on, and to be set up for myself rather than working for other people. l love to sing, especially when am working.
My Business
I deal in hardware products: shovels, plywood, head pans to carry mixed cement. These days, a lot of people are building, so l realize the things people will use and they will buy more. The main expenses are on transportation of the products. The revenue, after l deduct all the costs l incurred on the products, is put back in the work of my business.
Loan Proposal
First for all l would like to take this opportunity to thank the lenders for such a platform.especially to those of us who cannot get the access to bank loans.I am into hard business with this loan l would like to go into the selling g of all types of wood.since the nail business has given rise to the demand of wood.these are the wood that l will sell.4by2 ,3by2,4by 4 facial board,bamboo and then 2by2.,l will buy 20pices of each 4by 2 150dollars,3by2100dollars,4by4 100 dollars facial board 80dollars bamboo 80 dollars. This will help my customers to buy all kinds of hard ware from me rather than going far distance .this will help me increase from 100 percent to 150 percent.God bless the lenders so much.
About Me
Introduce yourself to lenders.l attended school at Prestea Goldfield international school in the western Region where l go to farm in the morning before .we plant groundnut in lines so u have to weed four lines before leaving for school.l sold used dross by the white ladies since l see it to be new and imported from abroad.l realized to set a business so that when a sacked from my employement l will not be idle and begin to beg for food and my residence site was also a factor the business l chose .the land is full of stones so without any thing you crack stones.To build my business and know how to fish as life goes on and set up for them selves rather than working g for people.l love to sing especially when am working.
My Business
Hello to our good and innovative lenders thank you all for your support for funding my previous loan. The opportunity has come again for me to expand my business with the new loan that l will receive. The new site we located to was the source of my business identification. Most people are into building this days, l therefore saw the demand for hard ware that simple building materials like nails, builders square, paint and brushes, headpans,roofing nails,roofing sheet, plywood, all types of wood for roofing,flowing will be high..l chose the business because of the area and the high demand for those items. Where l spend much is on transportation since the area is new with rough roads and l gain more when they buy my nails in pounds rather than in boxes. I plough back the profit into the business as l use some to repay my loan on time and supporting the family when the needs arise. I hope my loan will be hundred percent funded. Thank you and counting on your usual cooperation.
Loan Proposal
First for all l would like to take this opportunity to thank the lenders for such a platform.especially to those of us who cannot get the access to bank loans.I am into hard business with this loan l would like to go into the selling g of all types of wood.since the nail business has given rise to the demand of wood.these are the wood that l will sell.4by2 ,3by2,4by 4 facial board,bamboo and then 2by2.,l will buy 20pices of each 4by 2 150dollars,3by2100dollars,4by4 100 dollars facial board 80dollars bamboo 80 dollars. This will help my customers to buy all kinds of hard ware from me rather than going far distance .this will help me increase from 100 percent to 150 percent.God bless the lenders so much.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$513.00
Date disbursed
Oct 27, 2017
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$512.53
Amount remaining
$0.00
Date repaid
Mar 9, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 6, 2017 | $13.95 | Nov 6, 2017 | $13.95 |
| Nov 13, 2017 | $13.95 | Nov 14, 2017 | $13.95 |
| Nov 20, 2017 | $13.95 | Nov 23, 2017 | $13.95 |
| Nov 27, 2017 | $13.95 | Dec 16, 2017 | $13.95 |
| Dec 4, 2017 | $13.95 | Dec 16, 2017 | $13.95 |
| Dec 11, 2017 | $13.95 | Dec 16, 2017 | $13.95 |
| Dec 18, 2017 | $13.95 | Dec 21, 2017 | $13.95 |
| Dec 25, 2017 | $13.95 | Dec 21, 2017 | $13.95 |
| Jan 1, 2018 | $13.95 | Jan 6, 2018 | $13.95 |
| Jan 8, 2018 | $13.95 | Jan 6, 2018 | $13.95 |
| Jan 15, 2018 | $13.95 | Jan 24, 2018 | $13.95 |
| Jan 22, 2018 | $13.95 | Jan 24, 2018 | $13.95 |
| Jan 29, 2018 | $13.95 | Feb 3, 2018 | $13.95 |
| Feb 5, 2018 | $13.95 | Feb 3, 2018 | $13.95 |
| Feb 12, 2018 | $13.95 | Feb 3, 2018 | $13.95 |
| Feb 19, 2018 | $13.95 | Feb 12, 2018 | $13.95 |
| Feb 26, 2018 | $13.95 | Feb 21, 2018 | $13.95 |
| Mar 5, 2018 | $13.95 | Feb 21, 2018 | $13.95 |
| Mar 12, 2018 | $13.95 | Feb 21, 2018 | $13.95 |
| Mar 19, 2018 | $116.22 | Mar 9, 2018 | $116.22 |
| Mar 26, 2018 | $116.22 | Mar 9, 2018 | $116.22 |
| Apr 2, 2018 | $15.11 | Mar 9, 2018 | $15.11 |
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