Storing cassava flour and rice for retail

Mike

Techiman, Ghana

57% repaid

Entrepreneur

Name

Mike

Member since

September 2016

On-time repayments

232 installments  •  50%

About Me

My name is Mike Boateng from Techiman. Married with 3 boys. Self employed and other Union and Association works as well on the side. I live with my family in Techiman and also travel to Accra, Kumasi and other places to sell and to buy items as well.

My Business

Previously I was in water supply business, which was working for me, I thought, and then my pump started to give problems. I decided to leave that business for a new one introduced to me by a friend. I gave my premises out for rent and I used this rent money as my startup capital for this new business.

Loan Proposal

I will be purchasing more stock for my sales and also will add more of the interested consumer goods so to bring in more customers, considering the need for the people in my community now in this corona era.

Income Source

I do not have lockdown at my working place and right now, as it is, many people are buying more food for storage, so my idea is to take more of gari and rice as part of my stock for this era so to help my community and also to be able to sell faster in addition of my stationery goods.
I believe that this will help my community and also my business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$297.00

Date disbursed

Apr 24, 2020

Repayment status

Late

Projected term

15 months

Lenders

Vratik Krocik

Prague, Czech Republic

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$168.93

Amount remaining

$128.09

Expected completion

Aug 2, 2021

Status

Repaying late

Installment amount

$8.54

Repayment History

Expected Payments Actual Payments
May 4, 2020 $9.28 May 4, 2020 $9.28
May 11, 2020 $9.28 May 11, 2020 $9.28
May 18, 2020 $9.28 May 11, 2020 $9.28
May 25, 2020 $9.28 Jun 11, 2020 $9.28
Jun 1, 2020 $9.28 Jun 11, 2020 $9.28
Jun 8, 2020 $0.00
Jun 15, 2020 $0.00
Jun 22, 2020 $9.28 Jul 3, 2020 $9.28
Jun 29, 2020 $0.00
Jul 6, 2020 $0.00
Jul 13, 2020 $0.00
Jul 20, 2020 $3.71 Jul 18, 2020 $3.71
Jul 27, 2020 $3.71 Jul 28, 2020 $3.71
Aug 3, 2020 $3.71 Aug 10, 2020 $3.71
Aug 10, 2020 $3.71 Aug 10, 2020 $3.71
Aug 17, 2020 $3.71 Aug 18, 2020 $3.71
Aug 24, 2020 $0.00
Aug 31, 2020 $0.00
Sep 7, 2020 $3.71 Sep 9, 2020 $3.71
Sep 14, 2020 $3.71 Sep 9, 2020 $3.71
Sep 21, 2020 $3.71 Sep 25, 2020 $3.71
Sep 28, 2020 $3.71 Sep 25, 2020 $3.71
Oct 5, 2020 $3.71 Oct 14, 2020 $3.71
Oct 12, 2020 $0.00
Oct 19, 2020 $0.00
Oct 26, 2020 $3.71 Oct 27, 2020 $3.71
Nov 2, 2020 $3.71 Oct 27, 2020 $3.71
Nov 9, 2020 $3.71 Oct 27, 2020 $3.71
Nov 16, 2020 $3.71 Dec 2, 2020 $3.71
Nov 23, 2020 $0.00
Nov 30, 2020 $0.00
Dec 7, 2020 $1.86 Dec 9, 2020 $1.86
Dec 14, 2020 $1.86 Dec 9, 2020 $1.86
Dec 21, 2020 $1.86 Dec 21, 2020 $1.86
Dec 28, 2020 $1.86 Jan 1, 2021 $1.86
Jan 4, 2021 $1.86 Jan 1, 2021 $1.86
Jan 11, 2021 $1.86 Jan 1, 2021 $1.86
Jan 18, 2021 $8.54 Jan 29, 2021 $8.54
Jan 25, 2021 $5.57 Feb 10, 2021 $1.86
Feb 21, 2021 $3.71
Feb 1, 2021 $0.00
Feb 8, 2021 $0.00
Feb 15, 2021 $3.71 Mar 10, 2021 $3.71
Feb 22, 2021 $0.00
Mar 1, 2021 $0.00
Mar 8, 2021 $3.71 Mar 18, 2021 $3.71
Mar 15, 2021 $0.00
Mar 22, 2021 $0.00
Mar 29, 2021 $0.00
Apr 5, 2021 $1.86 Apr 23, 2021 $1.86
Apr 12, 2021 $0.00
Apr 19, 2021 $8.54 May 27, 2021 $3.71
Jun 4, 2021 $2.60
Jun 29, 2021 $2.23
Apr 26, 2021 $8.54 Jun 29, 2021 $1.49
Jul 15, 2021 $3.71
Aug 9, 2021 $3.34
May 3, 2021 $8.54 Aug 9, 2021 $2.23
Oct 20, 2021 $3.71
Oct 22, 2021 $1.86
Feb 3, 2022 $0.74
May 10, 2021 $8.54 Feb 3, 2022 $1.11
May 17, 2021 $8.54
May 24, 2021 $10.40
May 31, 2021 $10.40
Jun 7, 2021 $10.40
Jun 14, 2021 $10.40
Jun 21, 2021 $10.40
Jun 28, 2021 $10.77
Jul 5, 2021 $10.77
Jul 12, 2021 $10.77
Jul 19, 2021 $10.77
Jul 26, 2021 $10.77
Aug 2, 2021 $6.31

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