Name
Rachel
Member since
March 2017
On-time repayments
184 installments • 67%
l attended school at Prestea Goldfield International School in the western Region. l would go to farm in the morning before school. We planted groundnut in lines so I had to weed four lines before leaving for school. l sold dross used by the white ladies since l see it to be new and imported from abroad.
l realized I needed to set up a business so that if I am sacked from my employment, l will not be idle and have to begin to beg for food. My residence site was also a factor in the business l chose. The land is full of stones so without anything you have to crack stones. My dream is to build my business and know how to fish as life goes on, and to be set up for myself rather than working for other people. l love to sing, especially when am working.
I deal in hardware products: shovels, plywood, head pans to carry mixed cement. These days, a lot of people are building, so l realize the things people will use and they will buy more. The main expenses are on transportation of the products. The revenue, after l deduct all the costs l incurred on the products, is put back in the work of my business.
Describe what you will do with the loan.to buy and replish the shop like these items plywood nails stock of roofing sheet.to takeep boys to work and get 50 percent back
Introduce yourself to lenders.l attended school at Prestea Goldfield international school in the western Region where l go to farm in the morning before .we plant groundnut in lines so u have to weed four lines before leaving for school.l sold used dross by the white ladies since l see it to be new and imported from abroad.l realized to set a business so that when a sacked from my employement l will not be idle and begin to beg for food and my residence site was also a factor the business l chose .the land is full of stones so without any thing you crack stones.To build my business and know how to fish as life goes on and set up for them selves rather than working g for people.l love to sing especially when am working.
Hello to our good and innovative lenders thank you all for your support for funding my previous loan. The opportunity has come again for me to expand my business with the new loan that l will receive. The new site we located to was the source of my business identification. Most people are into building this days, l therefore saw the demand for hard ware that simple building materials like nails, builders square, paint and brushes, headpans,roofing nails,roofing sheet, plywood, all types of wood for roofing,flowing will be high..l chose the business because of the area and the high demand for those items. Where l spend much is on transportation since the area is new with rough roads and l gain more when they buy my nails in pounds rather than in boxes. I plough back the profit into the business as l use some to repay my loan on time and supporting the family when the needs arise. I hope my loan will be hundred percent funded. Thank you and counting on your usual cooperation.
Describe what you will do with the loan.to buy and replish the shop like these items plywood nails stock of roofing sheet.to takeep boys to work and get 50 percent back
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Apr 4, 2017
Repayment status
On Time
Projected term
7 weeks
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Amount repaid
$9.77
Amount remaining
$0.00
Date repaid
May 28, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 16, 2017 | $1.59 | Apr 16, 2017 | $1.59 |
Apr 23, 2017 | $1.59 | Apr 24, 2017 | $1.59 |
Apr 30, 2017 | $1.59 | Apr 30, 2017 | $1.59 |
May 7, 2017 | $1.59 | May 14, 2017 | $1.59 |
May 14, 2017 | $1.59 | May 14, 2017 | $1.59 |
May 21, 2017 | $1.59 | May 22, 2017 | $1.59 |
May 28, 2017 | $0.23 | May 28, 2017 | $0.23 |
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