To buy plywood, wood, cloth for making furniture

Sita

Techiman Tunsuase, Ghana

25% repaid

Entrepreneur

Name

Sita

Member since

December 2016

On-time repayments

149 installments  •  32%

About Me

My name is Sita Mahamud. I am a very simple and quiet boy. I believe in the principles of self-reliance instead of relying on others. This pushed me early to my talent job. It took me three years to learn carpentry, which I enjoyed working with. I worked all the days except Sunday, when I normally rest. I have one apprentice who helps me a lot. l now have opened my own shop. We make furniture, tables and chairs.

My Business

As I said earlier on, carpentry keeps the family alive always. I would not want such to occur to my younger ones. So I work hard; do not joke with my profession of carpentry. We produce furniture, both leather and cloth ones. We also make tables and chairs for students and people who want to decorate their living rooms. Students needing tables and chairs [are] so common in my town. A set of furniture costs 500 to 600 Ghanaian cedis (USD $113-136).

Loan Proposal

This time I plan to make three set of furniture for sale. Before you will be able to make a decent and durable furniture it cost you about 200$ . I will buy wood, plywood, foams, leader. All these will cost me about 120$ . I will also used the rest to buy the remaining equipment and tools needed at my shop. This is going to increase my profit margin to 35$ per furniture. It will help me keep the family and my self.

Show original English  

About Me

My name is sits mahamud, I am very simple and quite boy. I believed in the principles of self dependent instead of relying on others. This push me early to my talent job.it took me three years to leaned carpentry works , which I enjoyed working with.I worked all the days except Sunday which I normally rest . I have one apprenticeship who help me a lot.l now have my own shop opened. We make furniture, table and chairs.

My Business

As I said earlier on, carpentry . keep the family alive always. I would not want such to occur to my younger ones. So o work hard do not joke with my profession carpentry.we produced furniture, both ledder and clothes ones. We also make table and chairs for students.peoples want to decorate their living rooms. Students needed tables and Chair places be so high in my town.a st of furniture cost 500to 600ghana CEDI's.

Loan Proposal

This time I plan to make three set of furniture for sale. Before you will be able to make a decent and durable furniture it cost you about 200$ . I will buy wood, plywood, foams, leader. All these will cost me about 120$ . I will also used the rest to buy the remaining equipment and tools needed at my shop. This is going to increase my profit margin to 35$ per furniture. It will help me keep the family and my self.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$571.00

Date disbursed

Oct 21, 2017

Repayment status

Late

Projected term

26 months

Lenders

V

Vivek

Arlington, VA, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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Summary

Amount repaid

$145.04

Amount remaining

$425.13

Expected completion

Dec 28, 2019

Status

Repaying late

Installment amount

$0.46

Repayment History

Expected Payments Actual Payments
Oct 28, 2017 $23.24 Oct 27, 2017 $23.24
Nov 4, 2017 $23.24 Nov 3, 2017 $23.24
Nov 11, 2017 $23.24 Nov 10, 2017 $23.24
Nov 18, 2017 $23.24 Nov 17, 2017 $23.24
Nov 25, 2017 $23.24 Nov 23, 2017 $23.24
Dec 2, 2017 $23.24 Nov 30, 2017 $23.24
Dec 9, 2017 $0.00
Dec 16, 2017 $1.16 Dec 13, 2017 $1.16
Dec 23, 2017 $1.16 Dec 17, 2017 $1.16
Dec 30, 2017 $0.46 Dec 22, 2017 $0.46
Jan 6, 2018 $0.46 Dec 29, 2017 $0.46
Jan 13, 2018 $0.46 Jan 28, 2018 $0.46
Jan 20, 2018 $0.46 Jan 28, 2018 $0.46
Jan 27, 2018 $0.46 Jan 28, 2018 $0.46
Feb 3, 2018 $0.46 Jan 28, 2018 $0.46
Feb 10, 2018 $0.46 Jan 28, 2018 $0.46
Feb 17, 2018 $0.46
Feb 24, 2018 $0.46
Mar 3, 2018 $0.46
Mar 10, 2018 $0.46
Mar 17, 2018 $0.46
Mar 24, 2018 $0.46
Mar 31, 2018 $0.46
Apr 7, 2018 $0.46
Apr 14, 2018 $0.46
Apr 21, 2018 $0.46
Apr 28, 2018 $0.46
May 5, 2018 $0.46
May 12, 2018 $0.46
May 19, 2018 $0.46
May 26, 2018 $0.46
Jun 2, 2018 $0.46
Jun 9, 2018 $0.46
Jun 16, 2018 $0.46
Jun 23, 2018 $0.46
Jun 30, 2018 $0.46
Jul 7, 2018 $0.46
Jul 14, 2018 $0.46
Jul 21, 2018 $0.46
Jul 28, 2018 $0.46
Aug 4, 2018 $0.46
Aug 11, 2018 $0.46
Aug 18, 2018 $0.46
Aug 25, 2018 $0.46
Sep 1, 2018 $0.46
Sep 8, 2018 $0.46
Sep 15, 2018 $0.46
Sep 22, 2018 $0.46
Sep 29, 2018 $0.46
Oct 6, 2018 $0.46
Oct 13, 2018 $0.46
Oct 20, 2018 $0.46
Oct 27, 2018 $0.46
Nov 3, 2018 $0.46
Nov 10, 2018 $0.46
Nov 17, 2018 $0.46
Nov 24, 2018 $0.46
Dec 1, 2018 $0.46
Dec 8, 2018 $0.46
Dec 15, 2018 $0.46
Dec 22, 2018 $0.46
Dec 29, 2018 $0.46
Jan 5, 2019 $0.46
Jan 12, 2019 $0.46
Jan 19, 2019 $0.46
Jan 26, 2019 $0.46
Feb 2, 2019 $0.46
Feb 9, 2019 $0.46
Feb 16, 2019 $0.46
Feb 23, 2019 $0.46
Mar 2, 2019 $0.46
Mar 9, 2019 $0.46
Mar 16, 2019 $0.46
Mar 23, 2019 $0.46
Mar 30, 2019 $0.46
Apr 6, 2019 $0.46
Apr 13, 2019 $0.46
Apr 20, 2019 $0.46
Apr 27, 2019 $0.46
May 4, 2019 $0.46
May 11, 2019 $0.46
May 18, 2019 $0.46
May 25, 2019 $0.46
Jun 1, 2019 $0.46
Jun 8, 2019 $0.46
Jun 15, 2019 $0.46
Jun 22, 2019 $0.46
Jun 29, 2019 $0.46
Jul 6, 2019 $0.46
Jul 13, 2019 $0.46
Jul 20, 2019 $0.46
Jul 27, 2019 $0.46
Aug 3, 2019 $0.46
Aug 10, 2019 $0.46
Aug 17, 2019 $0.46
Aug 24, 2019 $0.46
Aug 31, 2019 $0.46
Sep 7, 2019 $0.46
Sep 14, 2019 $0.46
Sep 21, 2019 $0.46
Sep 28, 2019 $0.46
Oct 5, 2019 $0.46
Oct 12, 2019 $0.46
Oct 19, 2019 $0.46
Oct 26, 2019 $0.46
Nov 2, 2019 $0.46
Nov 9, 2019 $0.46
Nov 16, 2019 $0.46
Nov 23, 2019 $0.46
Nov 30, 2019 $0.46
Dec 7, 2019 $0.46
Dec 14, 2019 $0.46
Dec 21, 2019 $0.46
Dec 28, 2019 $380.04

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