Application for loan to purchase and supply health products
Paul
Tema, Ghana
100% repaid
Entrepreneur
Name
Paul
Member since
June 2015
On-time repayments
263 installments • 88%
About Me
I am Paul Hodji.
I was born in an area where people do not value education but I managed to educate myself to an average level.
I then proceeded to teach in a technical school with marketing background.
Having realized the need to create additional income , I decided to go into distribution of health products.
With the proceeds , I am able to pay children;s school fees as well as feed my family .
My Business
As extra source of income, health products distribution has been my activity for the past 4years.
I now need $950 to purchase health products such as Omega 3, Spirulina, Calcium, Vitamins, Garlic and Ginseng capsules.
I purchase these items at wholesale and distribute to my customers directly by myself and therefore have no need to pay any employee or helping hand apart from transport costs.
By this am able to make sufficient profit of 40 % to take care of my family and reinvest into the business.
The demand for health products is high and my customers respond favorably with repeat orders .
Loan Proposal
With the satisfactory and increasing demand for the health products am into, it becomes necessary to step up the stock for the supply of the health products l have been dealing in as listed in my previous application.
Gingseng caps
Spirulina caps
Omega 3 caps
Calcium caps
My Videos
Jul 22, 2021: Purchasing and supply of health products
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$284.00
Date disbursed
Mar 3, 2016
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
Taiwan
Hong Kong
United States
Summary
Amount repaid
$298.25
Amount remaining
$0.00
Date repaid
Oct 8, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 13, 2016 | $13.12 | Mar 12, 2016 | $13.12 |
| Mar 20, 2016 | $13.12 | Mar 23, 2016 | $13.12 |
| Mar 27, 2016 | $13.12 | Apr 12, 2016 | $13.12 |
| Apr 3, 2016 | $13.12 | Apr 12, 2016 | $13.12 |
| Apr 10, 2016 | $13.12 | Apr 12, 2016 | $13.12 |
| Apr 17, 2016 | $13.12 | Apr 12, 2016 | $13.12 |
| Apr 24, 2016 | $13.12 | Apr 23, 2016 | $13.12 |
| May 1, 2016 | $13.12 | Apr 30, 2016 | $13.12 |
| May 8, 2016 | $7.87 | May 8, 2016 | $7.87 |
| May 15, 2016 | $7.87 | May 14, 2016 | $7.87 |
| May 22, 2016 | $7.87 | May 20, 2016 | $7.87 |
| May 29, 2016 | $7.87 | May 30, 2016 | $7.87 |
| Jun 5, 2016 | $7.87 | Jun 5, 2016 | $7.87 |
| Jun 12, 2016 | $7.87 | Jun 13, 2016 | $7.87 |
| Jun 19, 2016 | $7.87 | Jun 19, 2016 | $7.87 |
| Jun 26, 2016 | $7.87 | Jul 1, 2016 | $7.87 |
| Jul 3, 2016 | $7.87 | Jul 11, 2016 | $7.87 |
| Jul 10, 2016 | $7.87 | Jul 11, 2016 | $7.87 |
| Jul 17, 2016 | $7.87 | Jul 21, 2016 | $7.87 |
| Jul 24, 2016 | $7.87 | Jul 24, 2016 | $7.87 |
| Jul 31, 2016 | $7.87 | Aug 7, 2016 | $7.87 |
| Aug 7, 2016 | $7.87 | Aug 9, 2016 | $7.87 |
| Aug 14, 2016 | $7.87 | Aug 9, 2016 | $7.87 |
| Aug 21, 2016 | $7.87 | Sep 11, 2016 | $7.87 |
| Aug 28, 2016 | $7.87 | Sep 11, 2016 | $7.87 |
| Sep 4, 2016 | $7.87 | Sep 11, 2016 | $7.87 |
| Sep 11, 2016 | $7.87 | Sep 13, 2016 | $7.87 |
| Sep 18, 2016 | $7.87 | Sep 17, 2016 | $7.87 |
| Sep 25, 2016 | $7.87 | Oct 4, 2016 | $7.87 |
| Oct 2, 2016 | $7.87 | Oct 4, 2016 | $7.87 |
| Oct 9, 2016 | $7.87 | Oct 7, 2016 | $7.87 |
| Oct 16, 2016 | $12.33 | Oct 8, 2016 | $12.33 |
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