To buy paint to paint new shelves i have bought for my shop

Selina

Tamale, Ghana

12% repaid

Entrepreneur

Name

Selina

Member since

November 2016

On-time repayments

80 installments  •  33%

About Me

My name is Selina Addea born and bread at Gumani, Tamale. I was born into a family of three (3) where we toiled with our parents to make the family/house comfortable and a place of survival through peasant farming.
Although things were not smooth, my parents have education at heart so they sent us to school. I have attended Gumani Roman Catholic Primary and Junior High School (JHS) all in the Northern Regional capital, Tamale.
After my JHS however, I furthered my secondary education at the Accra Girls Senior High School (AGISS) where I studied Generals Arts (Languages Option).
After Senior high School, there was no money to further my tertiary education so I went back to assist my parents so as to gather some money to open a small cosmetics shop (perfumes to be precise).
Summarily, one year after assisting my parents on the farms (Maize, Groundnut and Rice) I was able to accumulate USD 498.78 or GHS 2,000.00 as capital to start my business.

My Business

I operate a cosmetic shop in the heart of Tamale where I sell perfumes of different brands including Pure Red (my favourite), Executives, Explorer, Victory among others.
My target market is the work class (Bankers, Doctors, Nurses, Accountants, Lawyers, Teachers and other corporate staffs). This is because, they always want to "smell good" so their demands for the these items or goods.
I purchase some of my goods from Togo, Benin, Côte d'Ivoire and the rest from Accra, Ghana. Just as any business individual incurs costs, I also incur cost for transporting and running the business so as to fulfill the going concern principle of business(Accounting).
I also use part of the profit for reinvestment into the business whiles I save the remaining towards a building project.

Loan Proposal

I wish to request for a loan of USD14(GHS60.00) to buy one gallon of paint to paint some new shelves I have bought for my perfume. This humble request is being made because, there has been increasing demands on my goods/items of the past two months so I am being put in a tight corner to add more shelves to better serve my numerous customers.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.00

Date disbursed

Apr 24, 2017

Repayment status

Late

Projected term

14 months

Other loans

Lenders

anne

Cologne, Germany

Kristin Rhodes

Kansas City, Kansas, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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Summary

Amount repaid

$1.69

Amount remaining

$12.83

Expected completion

Jun 23, 2018

Status

Repaying late

Installment amount

$0.24

Repayment History

Expected Payments Actual Payments
May 6, 2017 $0.24 May 22, 2017 $0.24
May 13, 2017 $0.24 May 22, 2017 $0.24
May 20, 2017 $0.24 May 22, 2017 $0.24
May 27, 2017 $0.24 May 22, 2017 $0.24
Jun 3, 2017 $0.24 May 22, 2017 $0.24
Jun 10, 2017 $0.24 May 22, 2017 $0.24
Jun 17, 2017 $0.24 May 22, 2017 $0.24
Jun 24, 2017 $0.24
Jul 1, 2017 $0.24
Jul 8, 2017 $0.24
Jul 15, 2017 $0.24
Jul 22, 2017 $0.24
Jul 29, 2017 $0.24
Aug 5, 2017 $0.24
Aug 12, 2017 $0.24
Aug 19, 2017 $0.24
Aug 26, 2017 $0.24
Sep 2, 2017 $0.24
Sep 9, 2017 $0.24
Sep 16, 2017 $0.24
Sep 23, 2017 $0.24
Sep 30, 2017 $0.24
Oct 7, 2017 $0.24
Oct 14, 2017 $0.24
Oct 21, 2017 $0.24
Oct 28, 2017 $0.24
Nov 4, 2017 $0.24
Nov 11, 2017 $0.24
Nov 18, 2017 $0.24
Nov 25, 2017 $0.24
Dec 2, 2017 $0.24
Dec 9, 2017 $0.24
Dec 16, 2017 $0.24
Dec 23, 2017 $0.24
Dec 30, 2017 $0.24
Jan 6, 2018 $0.24
Jan 13, 2018 $0.24
Jan 20, 2018 $0.24
Jan 27, 2018 $0.24
Feb 3, 2018 $0.24
Feb 10, 2018 $0.24
Feb 17, 2018 $0.24
Feb 24, 2018 $0.24
Mar 3, 2018 $0.24
Mar 10, 2018 $0.24
Mar 17, 2018 $0.24
Mar 24, 2018 $0.24
Mar 31, 2018 $0.24
Apr 7, 2018 $0.24
Apr 14, 2018 $0.24
Apr 21, 2018 $0.24
Apr 28, 2018 $0.24
May 5, 2018 $0.24
May 12, 2018 $0.24
May 19, 2018 $0.24
May 26, 2018 $0.24
Jun 2, 2018 $0.24
Jun 9, 2018 $0.24
Jun 16, 2018 $0.24
Jun 23, 2018 $0.24

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