Robert
Medie-amasaman, Ghana
100% repaid
Name
Robert
Member since
December 2017
On-time repayments
159 installments • 81%
I am 43 years old. Born in farming community in the northern part of Ghana. I lost both parent when I was 14 years old in flood disaster. I was the oldest among three siblings. I work on peoples farm to earn income to pay my school fees and also to take care of my brother and my sister. Things became difficult for me and my siblings but my one and only motivator is educating myself and my siblings so as to free ourselves from the shackles of poverty. I successfully completed secondary school and entered Polytechnic where I studied Higher National Diploma (HND) in Marketing, Where I work for myself by selling suit from office to office and town to town.
I earn little income to take care of my family by paying their school fees.
My business involves buying and selling of both ladies and men suits. I move from office to office, from one location to another, and from one town to other for sales.
Because lots of people use suit as offices wear, for church and for social activities. The demand for my type of suit is high, therefore this business is really viable.
l chose this business because it is less risky and does not involve a huge startup capital, products have longer life span compare to others.
The costs I incur are mainly in the remuneration of my two workers and transportation. In all, I incur an average cost of about GHS 650.00 per week. My average total revenue is about GHS 1400 out of which I defray the costs I incur use part to pay for the family bills.
I use my profits in paying for the education of my own children, dependents and also reinvesting back into the business and also assisting some needy students at my workplace.
I intend to use the loan to finance my university education,
Pay for monthly hostel fees @ $ 65
Part-Payment of school fees @ $ 200
Buy books @ $ 50
Pay for my transportation @ $40
In all a total of $ 355 for this project
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$303.00
Date disbursed
Jun 2, 2019
Repayment status
On Time
Projected term
10 months
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Amount repaid
$303.73
Amount remaining
$0.00
Date repaid
Feb 23, 2020
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 14, 2019 | $2.07 | Jun 7, 2019 | $2.07 |
Jun 21, 2019 | $1.04 | Jun 21, 2019 | $1.04 |
Jun 28, 2019 | $1.04 | Jun 28, 2019 | $1.04 |
Jul 5, 2019 | $1.04 | Jul 14, 2019 | $1.04 |
Jul 12, 2019 | $0.00 | ||
Jul 19, 2019 | $0.00 | ||
Jul 26, 2019 | $2.07 | Jul 23, 2019 | $2.07 |
Aug 2, 2019 | $0.00 | ||
Aug 9, 2019 | $0.00 | ||
Aug 16, 2019 | $1.04 | Aug 20, 2019 | $1.04 |
Aug 23, 2019 | $1.04 | Aug 20, 2019 | $1.04 |
Aug 30, 2019 | $1.04 | Aug 20, 2019 | $1.04 |
Sep 6, 2019 | $1.04 | Aug 20, 2019 | $1.04 |
Sep 13, 2019 | $0.41 | Sep 3, 2019 | $0.41 |
Sep 20, 2019 | $0.41 | Sep 4, 2019 | $0.41 |
Sep 27, 2019 | $0.41 | Sep 4, 2019 | $0.41 |
Oct 4, 2019 | $0.41 | Sep 4, 2019 | $0.41 |
Oct 11, 2019 | $0.41 | Sep 4, 2019 | $0.41 |
Oct 18, 2019 | $0.00 | ||
Oct 25, 2019 | $1.04 | Oct 21, 2019 | $1.04 |
Nov 1, 2019 | $1.04 | Oct 21, 2019 | $1.04 |
Nov 8, 2019 | $1.04 | Oct 21, 2019 | $1.04 |
Nov 15, 2019 | $1.04 | Oct 31, 2019 | $1.04 |
Nov 22, 2019 | $1.04 | Nov 29, 2019 | $1.04 |
Nov 29, 2019 | $0.41 | Nov 29, 2019 | $0.41 |
Dec 6, 2019 | $0.41 | Nov 29, 2019 | $0.41 |
Dec 13, 2019 | $0.41 | Dec 17, 2019 | $0.41 |
Dec 20, 2019 | $0.41 | Dec 18, 2019 | $0.41 |
Dec 27, 2019 | $0.41 | Dec 18, 2019 | $0.41 |
Jan 3, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Jan 10, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Jan 17, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Jan 24, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Jan 31, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Feb 7, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Feb 14, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Feb 21, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Feb 28, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Mar 6, 2020 | $0.21 | Dec 18, 2019 | $0.21 |
Mar 13, 2020 | $50.73 | Feb 21, 2020 | $50.73 |
Mar 20, 2020 | $50.73 | Feb 21, 2020 | $50.73 |
Mar 27, 2020 | $50.73 | Feb 21, 2020 | $2.07 |
Feb 22, 2020 | $48.66 | ||
Apr 3, 2020 | $50.73 | Feb 22, 2020 | $50.73 |
Apr 10, 2020 | $50.73 | Feb 22, 2020 | $6.21 |
Feb 23, 2020 | $44.51 | ||
Apr 17, 2020 | $27.33 | Feb 23, 2020 | $27.33 |
Kathleen Coleman Mar 19, 2019
Robert May 23, 2019
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