Entrepreneur
Name
Acheampong
Member since
November 2017
On-time repayments
31 installments • 55%
About Me
i went to school at asiri and later on proceed to drobo senior high school.as a result of financial problems i was not able to proceed to tertially so i went to a business of his selling men sandals and shoes. this has create an avenue for me alot .now i have some people who also want some to buy and take it to their home for sales to get a little over it.I used to send some of the sandals to some markets places.now I make a lot of sales.
My Business
i get money from the goods i sell .because people also come from places t buy them in bulk ,it also move very fast .i get a lot of profit from the shoes i sell and the sandals to .because i am the only person i sell in large quantities it has create more opportunities for me in fact business is very good.I travel to markets places to sell some of the sandals and I make a lot of sales and money out of money.I will encourage my friends to enter into this business because the profit I earn on every sales is $5.
Loan Proposal
I usually make a profit of$5 on each of the sales I make.I will buy lofa and wallabece too.I used sell more than15 of this shoes business.cost of wallabece$15 on whole ssalesso 20=$300 and cost of lofa is $18 and I will buy20=$360 and I will buy sandals too.cost of 1 pair is $11 and I will buy 11 =$121 .each market days I make$80 to$100 as a profit.and also travel to different market places too to make a high sales too.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$541.00
Date disbursed
Mar 19, 2018
Repayment status
Late
Projected term
5 months
Other loans
Lenders
Summary
Amount repaid
$187.38
Amount remaining
$354.14
Expected completion
Aug 24, 2018
Status
Repaying late
Installment amount
$2.24
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 30, 2018 | $60.07 | Mar 30, 2018 | $60.07 |
| Apr 6, 2018 | $0.00 | ||
| Apr 13, 2018 | $22.41 | Apr 13, 2018 | $22.41 |
| Apr 20, 2018 | $22.41 | Apr 13, 2018 | $22.41 |
| Apr 27, 2018 | $22.41 | Apr 13, 2018 | $22.41 |
| May 4, 2018 | $22.41 | Apr 13, 2018 | $15.24 |
| Apr 27, 2018 | $7.17 | ||
| May 11, 2018 | $22.41 | Apr 27, 2018 | $22.41 |
| May 18, 2018 | $15.24 | Apr 27, 2018 | $15.24 |
| May 25, 2018 | $0.00 | ||
| Jun 1, 2018 | $0.00 | ||
| Jun 8, 2018 | $0.00 | ||
| Jun 15, 2018 | $0.00 | ||
| Jun 22, 2018 | $0.00 | ||
| Jun 29, 2018 | $0.00 | ||
| Jul 6, 2018 | $2.24 | ||
| Jul 13, 2018 | $2.24 | ||
| Jul 20, 2018 | $60.07 | ||
| Jul 27, 2018 | $60.07 | ||
| Aug 3, 2018 | $60.07 | ||
| Aug 10, 2018 | $60.07 | ||
| Aug 17, 2018 | $60.07 | ||
| Aug 24, 2018 | $49.31 | ||
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