Abigail
Obuasi, Ghana
100% repaid
Name
Abigail
Member since
March 2014
On-time repayments
122 installments • 48%
I'm Abigail Mensah. I am 24 years old and a Ghanaian.
I live in Obuasi, West Bogobiri at home number Bw80 / A. Iam in sowing and selling laptop bags. I started this business because after graduating from Kwame Nkrumah University of Science and Technology with a Bachelor of Arts in English, I could not get to work for me. I decided to improve my skill in sowing bags to earn a living and also to support my family. I currently have a younger brother also at college and my little sister is in college. My parents are alive and support us.
I am in the sowing and selling of laptop bags. I started the company after an unsuccessful search for jobs. I started the business with an amount of money borrowed from a friend. My aunt lent me her seed drill to use. The company is progressing now, but at a slow pace, because a single machine slows down the pace of productivity. I need this money to buy other machines that will help speed up the production rate. The proceeds from the sale of the bags will be used to pay the loan.
I will buy necessary materials that are needed for the sowing of the bags like clothes zips. and all other artifacts that are necessary for the production to take place. Currently, i use my elder sisters manual machine to do the sowing. With the money, i will also purchase a sowing machine for personal use. As the business progresses i will see to its expansion and also train others who are interested in learning the trade.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 28, 2014
Repayment status
On Time
Projected term
3 months
Other loans
Ask Abigail a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Amount repaid
$42.33
Amount remaining
$0.00
Date repaid
Jun 30, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 4, 2014 | $3.00 | Apr 3, 2014 | $3.00 |
Apr 11, 2014 | $3.00 | Apr 3, 2014 | $0.33 |
Apr 11, 2014 | $2.67 | ||
Apr 18, 2014 | $3.00 | Apr 11, 2014 | $0.67 |
Apr 18, 2014 | $2.33 | ||
Apr 25, 2014 | $3.00 | Apr 18, 2014 | $1.00 |
Apr 25, 2014 | $2.00 | ||
May 2, 2014 | $3.00 | Apr 25, 2014 | $1.33 |
May 2, 2014 | $1.67 | ||
May 9, 2014 | $3.00 | May 2, 2014 | $1.67 |
May 9, 2014 | $1.33 | ||
May 16, 2014 | $3.00 | May 9, 2014 | $2.00 |
May 16, 2014 | $1.00 | ||
May 23, 2014 | $3.00 | May 16, 2014 | $2.33 |
May 23, 2014 | $0.67 | ||
May 30, 2014 | $3.00 | May 23, 2014 | $2.67 |
May 30, 2014 | $0.33 | ||
Jun 6, 2014 | $3.00 | May 30, 2014 | $3.00 |
Jun 13, 2014 | $3.00 | Jun 6, 2014 | $3.00 |
Jun 20, 2014 | $3.00 | Jun 6, 2014 | $0.33 |
Jun 13, 2014 | $2.67 | ||
Jun 27, 2014 | $3.00 | Jun 13, 2014 | $0.67 |
Jun 20, 2014 | $2.33 | ||
Jul 4, 2014 | $3.00 | Jun 20, 2014 | $1.00 |
Jun 28, 2014 | $2.00 |
Loading...