Name
Benjamin
Member since
May 2015
On-time repayments
340 installments • 90%
Well I'm in the person of Benjamin Suboni, the fourth child out of seven children from my mother's side thus three boys, four girls. Currently my father has two wives with my mum being the second wife. In total we are seventeen children in the family having lost one at an early age. l hail from the northern part of Ghana where poverty with its ugly face is ubiquitous as the housefly. My parents are peasant farmers and life as a child was really difficult and challenging.
Formal education is foreign in my family as almost all my siblings before me either refused to go school or drop-out at an early stage or were not send to school at all. I defied all odds and used to follow one of my elder brothers to school who later dropped out. I started my education at the primary level not knowing what kindergarten or creche meant. Most times I went to school with an empty stomach but due to determination I never gave up. Initially I wanted to be a Medical Doctor in the future due to a bitter experience I had with the loss of my brother to acute appendicitis and there was no Doctor to operate him at the District Hospital but that has now changed to my ambition of being a seasoned entrepreneur. Through the ingenuity of my elder brother I learnt to be a cobbler. After school I used to go around polishing and mending people's shoes, sandals etc in the locality. From the proceeds of the cobbler business I was able to fund my education to the Senior High level and even sometimes fund my siblings education.
As of now I am a trained professional teacher and due to the numerous family demands I decided to establish this provisions store to cushion me in taking care of my family. Also with my father now old and not able to contribute much financially, coupled with my siblings at various levels of the educational ladder, the onus falls on me to take of them.
The provisions shop has been in operation for two years running but now there is the need to grow and expand it hence the need for this loan facility.Its my ambition to develop it into a supermarket one day.
As a result of my current family responsibilities it will not be prudent for me to marry now but then one day I will and when that happens I want my children to have the best of education life can offer. Never should they go through the suffering and hardships I underwent in my childhood. I love playing football, basketball and listening to music and financial news
Fundamentally I run a retail business whereby basic household ingredients like sugar, toothpaste, gari, rice, bread etc are sold to customers. These ingredients are household necessities that are in high demand hence my choice of business. Also before I established my store, customers within the locality had to commute long distance before the could acquire these necessities. Most of the times I purchase these products from wholesale outlets and retail them to customers.
Due to the exorbitant interest rates usually charged by banks vs-a-vie financial institutions coupled with bureaucratic and cumbersome processes of accessing a loan facility I started this business with savings from my meager salary. And for two years now I've managed to keep the business afloat despite the economic downturn.
Typically I make a monthly revenue of 2000 GHS with profit in the range of 500 GHS. Most part of the proceeds is usually plowed back into the business and the rest used to settle family and personal issues.
I chose this medium to acquire a loan facility due to the almost interest free, flexible payments and quickness of the loan disbursal. Parts of proceeds from the business and my salary would be used to reimburse the loan should it be granted.
Happy new year to you my cherished lender. This next loan that I'm requesting for shall be used to pay for the tuition and accommodation fees of my younger brother who is studying geological engineering at the University of Mines and Technology, Tarkwa. This loan amount shall go a long way to ease the pressure that is currently on me in terms payment of his tuition and residential fees. I would be very grateful if this loan can be funded as early as possible in order to ease the burden on me. Thank you in advance for your support.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$942.00
Date disbursed
Jan 24, 2020
Repayment status
On Time
Projected term
22 months
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Amount repaid
$942.69
Amount remaining
$0.00
Date repaid
Nov 26, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 5, 2020 | $3.71 | Feb 7, 2020 | $3.71 |
Feb 12, 2020 | $3.71 | Feb 7, 2020 | $3.71 |
Feb 19, 2020 | $3.71 | Feb 7, 2020 | $3.71 |
Feb 26, 2020 | $3.71 | Feb 7, 2020 | $3.71 |
Mar 4, 2020 | $3.71 | Feb 7, 2020 | $3.71 |
Mar 11, 2020 | $0.00 | ||
Mar 18, 2020 | $3.71 | Mar 18, 2020 | $3.71 |
Mar 25, 2020 | $3.71 | Mar 18, 2020 | $3.71 |
Apr 1, 2020 | $3.71 | Mar 18, 2020 | $3.71 |
Apr 8, 2020 | $3.71 | Mar 18, 2020 | $3.71 |
Apr 15, 2020 | $3.71 | Mar 18, 2020 | $3.71 |
Apr 22, 2020 | $0.00 | ||
Apr 29, 2020 | $3.71 | Apr 23, 2020 | $3.71 |
May 6, 2020 | $3.71 | Apr 23, 2020 | $3.71 |
May 13, 2020 | $3.71 | Apr 23, 2020 | $3.71 |
May 20, 2020 | $3.71 | Apr 23, 2020 | $3.71 |
May 27, 2020 | $3.71 | Apr 23, 2020 | $3.71 |
Jun 3, 2020 | $0.00 | ||
Jun 10, 2020 | $0.00 | ||
Jun 17, 2020 | $0.00 | ||
Jun 24, 2020 | $3.71 | Jun 28, 2020 | $3.71 |
Jul 1, 2020 | $3.71 | Jun 28, 2020 | $3.71 |
Jul 8, 2020 | $3.71 | Jun 28, 2020 | $3.71 |
Jul 15, 2020 | $3.71 | Jun 28, 2020 | $3.71 |
Jul 22, 2020 | $3.71 | Jun 28, 2020 | $3.71 |
Jul 29, 2020 | $0.00 | ||
Aug 5, 2020 | $3.71 | Jul 30, 2020 | $3.71 |
Aug 12, 2020 | $3.71 | Jul 30, 2020 | $3.71 |
Aug 19, 2020 | $3.71 | Jul 30, 2020 | $3.71 |
Aug 26, 2020 | $3.71 | Jul 30, 2020 | $3.71 |
Sep 2, 2020 | $3.71 | Jul 30, 2020 | $3.71 |
Sep 9, 2020 | $0.00 | ||
Sep 16, 2020 | $3.71 | Sep 11, 2020 | $3.71 |
Sep 23, 2020 | $3.71 | Sep 11, 2020 | $3.71 |
Sep 30, 2020 | $3.71 | Sep 11, 2020 | $3.71 |
Oct 7, 2020 | $3.71 | Sep 11, 2020 | $3.71 |
Oct 14, 2020 | $3.71 | Sep 11, 2020 | $3.71 |
Oct 21, 2020 | $0.00 | ||
Oct 28, 2020 | $0.00 | ||
Nov 4, 2020 | $3.71 | Nov 4, 2020 | $3.71 |
Nov 11, 2020 | $3.71 | Nov 4, 2020 | $3.71 |
Nov 18, 2020 | $3.71 | Nov 4, 2020 | $3.71 |
Nov 25, 2020 | $3.71 | Nov 4, 2020 | $3.71 |
Dec 2, 2020 | $3.71 | Nov 4, 2020 | $3.71 |
Dec 9, 2020 | $0.00 | ||
Dec 16, 2020 | $3.71 | Dec 12, 2020 | $3.71 |
Dec 23, 2020 | $3.71 | Dec 12, 2020 | $3.71 |
Dec 30, 2020 | $3.71 | Dec 12, 2020 | $3.71 |
Jan 6, 2021 | $3.71 | Dec 12, 2020 | $3.71 |
Jan 13, 2021 | $3.71 | Dec 12, 2020 | $3.71 |
Jan 20, 2021 | $10.58 | Jan 25, 2021 | $10.58 |
Jan 27, 2021 | $10.58 | Jan 30, 2021 | $10.58 |
Feb 3, 2021 | $10.58 | Jan 30, 2021 | $10.58 |
Feb 10, 2021 | $10.58 | Jan 30, 2021 | $10.58 |
Feb 17, 2021 | $10.58 | Jan 30, 2021 | $10.58 |
Feb 24, 2021 | $10.40 | Feb 28, 2021 | $10.40 |
Mar 3, 2021 | $10.40 | Feb 28, 2021 | $10.40 |
Mar 10, 2021 | $10.40 | Feb 28, 2021 | $10.40 |
Mar 17, 2021 | $10.40 | Feb 28, 2021 | $10.40 |
Mar 24, 2021 | $10.40 | Feb 28, 2021 | $10.40 |
Mar 31, 2021 | $0.00 | ||
Apr 7, 2021 | $10.40 | Apr 13, 2021 | $10.40 |
Apr 14, 2021 | $10.40 | Apr 13, 2021 | $10.40 |
Apr 21, 2021 | $10.40 | Apr 13, 2021 | $10.40 |
Apr 28, 2021 | $10.40 | Apr 13, 2021 | $10.40 |
May 5, 2021 | $10.40 | Apr 13, 2021 | $10.40 |
May 12, 2021 | $10.40 | May 13, 2021 | $10.40 |
May 19, 2021 | $10.40 | May 13, 2021 | $10.40 |
May 26, 2021 | $10.40 | May 13, 2021 | $10.40 |
Jun 2, 2021 | $10.40 | May 13, 2021 | $10.40 |
Jun 9, 2021 | $10.40 | May 13, 2021 | $10.40 |
Jun 16, 2021 | $10.40 | Jun 19, 2021 | $10.40 |
Jun 23, 2021 | $10.40 | Jun 19, 2021 | $10.40 |
Jun 30, 2021 | $10.40 | Jun 19, 2021 | $10.40 |
Jul 7, 2021 | $10.40 | Jun 19, 2021 | $10.40 |
Jul 14, 2021 | $10.40 | Jun 19, 2021 | $10.40 |
Jul 21, 2021 | $10.77 | Jul 22, 2021 | $10.77 |
Jul 28, 2021 | $10.77 | Jul 22, 2021 | $10.77 |
Aug 4, 2021 | $10.77 | Jul 22, 2021 | $10.77 |
Aug 11, 2021 | $10.77 | Jul 22, 2021 | $10.77 |
Aug 18, 2021 | $10.77 | Jul 22, 2021 | $10.77 |
Aug 25, 2021 | $74.26 | Sep 8, 2021 | $74.26 |
Sep 1, 2021 | $11.14 | Sep 8, 2021 | $11.14 |
Sep 8, 2021 | $11.14 | Sep 8, 2021 | $11.14 |
Sep 15, 2021 | $11.14 | Sep 8, 2021 | $11.14 |
Sep 22, 2021 | $11.14 | Sep 8, 2021 | $11.14 |
Sep 29, 2021 | $11.14 | Sep 8, 2021 | $11.14 |
Oct 6, 2021 | $11.14 | Sep 15, 2021 | $11.14 |
Oct 13, 2021 | $11.14 | Sep 15, 2021 | $11.14 |
Oct 20, 2021 | $74.26 | Nov 4, 2021 | $74.26 |
Oct 27, 2021 | $74.26 | Nov 4, 2021 | $18.56 |
Nov 11, 2021 | $55.69 | ||
Nov 3, 2021 | $18.75 | Nov 11, 2021 | $18.75 |
Nov 10, 2021 | $18.75 | Nov 11, 2021 | $18.75 |
Nov 17, 2021 | $18.75 | Nov 22, 2021 | $18.75 |
Nov 24, 2021 | $18.75 | Nov 22, 2021 | $18.75 |
Dec 1, 2021 | $18.75 | Nov 26, 2021 | $18.75 |
Dec 8, 2021 | $74.26 | Nov 26, 2021 | $74.26 |
Dec 15, 2021 | $10.77 | Nov 26, 2021 | $10.77 |
David Nov 5, 2018
Benjamin Nov 6, 2018
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