Business expansion

Fatima

Kumasi-aboabo, Ghana

100% repaid

Entrepreneur

Name

Fatima

Member since

February 2017

On-time repayments

76 installments  •  25%

About Me

My name is Fatima Yakubu from Aboabo in the Ashanti Regional of Kumasi. My parents are Mr.and Mrs. Yakubu who are Ghanaians living in Aboabo, a suburb of Kumasi. I had my early education training at Aboabo Islamic primary and junior high school in Aboabo and Asokore Admadiyah Senior High School where i read General Science programme. I passed my final West African Senior School Certificate Examination and was admitted into nursing and midwifery training college a year after. The cost of nursing training education in Ghana is very expensive so when I got in there i decided to get something doing aside my academic work to support my parents take care of my educational expenses. I quickly spoke with my parents to offer me money to sell liquid soaps on campus because I realised it was one of the lucrative and income generating business i could do to quickly generate money to support myself in school.
I am an intelligent young businesswoman and a student nurse who sells liquid soaps to my colleague student to raise enough revenue to pay for my school fees and accommodation. I want my children to grow and become responsible and educated citizens so that they could grow and contribute their quota in the development of the nation.

My Business

I sell liquid soaps to students and the money been generated from this economic venture has been outstanding and has aided in the expansion of the business. I chose to sell liquid soaps because the students prefer it to other soap types and it gives me enough profit. Students need soap to bath and do other things. The revenue from the business has been very good and outstanding. 500 -600 dollars worth of liquid soaps can get me a profit of 90 dollars every week. The revenue from the business is re-invested into the business to enlarge it and make it attractive. Part of the profit is used to pay for my nursing training school fees and accommodation.

Loan Proposal

I will buy more liquid soaps and sell them to generate enough revenue to keep the business in shape and also to get enough revenue to reinvest into the business and repay the loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$93.00

Date disbursed

Feb 22, 2017

Repayment status

On Time

Projected term

22 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$94.15

Amount remaining

$0.00

Date repaid

Jul 5, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 7, 2017 $0.96 Feb 28, 2017 $0.96
Mar 14, 2017 $0.96 Feb 28, 2017 $0.96
Mar 21, 2017 $0.96 Feb 28, 2017 $0.96
Mar 28, 2017 $0.96 Feb 28, 2017 $0.48
Mar 27, 2017 $0.48
Apr 4, 2017 $0.96 Mar 27, 2017 $0.96
Apr 11, 2017 $0.96 Mar 27, 2017 $0.96
Apr 18, 2017 $0.96 Mar 27, 2017 $0.96
Apr 25, 2017 $0.96 Mar 27, 2017 $0.24
Apr 11, 2017 $0.72
May 2, 2017 $0.96 Apr 11, 2017 $0.96
May 9, 2017 $0.96 Apr 11, 2017 $0.96
May 16, 2017 $0.96 Apr 11, 2017 $0.96
May 23, 2017 $0.96 Apr 11, 2017 $0.96
May 30, 2017 $0.96 Apr 11, 2017 $0.24
May 22, 2017 $0.72
Jun 6, 2017 $0.96 May 22, 2017 $0.96
Jun 13, 2017 $0.96 May 22, 2017 $0.96
Jun 20, 2017 $0.96 May 22, 2017 $0.96
Jun 27, 2017 $0.96 Jun 20, 2017 $0.96
Jul 4, 2017 $0.96 Jun 20, 2017 $0.96
Jul 11, 2017 $0.96 Jun 20, 2017 $0.48
Jun 30, 2017 $0.48
Jul 18, 2017 $0.96 Jun 30, 2017 $0.96
Jul 25, 2017 $0.96 Jun 30, 2017 $0.96
Aug 1, 2017 $0.96 Jun 30, 2017 $0.96
Aug 8, 2017 $0.96 Jun 30, 2017 $0.96
Aug 15, 2017 $0.96 Jun 30, 2017 $0.48
Jul 4, 2017 $0.48
Aug 22, 2017 $0.96 Jul 4, 2017 $0.96
Aug 29, 2017 $0.96 Jul 4, 2017 $0.96
Sep 5, 2017 $0.96 Jul 5, 2017 $0.96
Sep 12, 2017 $0.96 Jul 5, 2017 $0.96
Sep 19, 2017 $0.96 Jul 5, 2017 $0.96
Sep 26, 2017 $0.96 Jul 5, 2017 $0.96
Oct 3, 2017 $0.96 Jul 5, 2017 $0.96
Oct 10, 2017 $0.96 Jul 5, 2017 $0.96
Oct 17, 2017 $0.96 Jul 5, 2017 $0.96
Oct 24, 2017 $0.96 Jul 5, 2017 $0.96
Oct 31, 2017 $0.96 Jul 5, 2017 $0.96
Nov 7, 2017 $0.96 Jul 5, 2017 $0.96
Nov 14, 2017 $0.96 Jul 5, 2017 $0.96
Nov 21, 2017 $0.96 Jul 5, 2017 $0.96
Nov 28, 2017 $0.96 Jul 5, 2017 $0.96
Dec 5, 2017 $0.96 Jul 5, 2017 $0.96
Dec 12, 2017 $0.96 Jul 5, 2017 $0.96
Dec 19, 2017 $0.96 Jul 5, 2017 $0.96
Dec 26, 2017 $0.96 Jul 5, 2017 $0.96
Jan 2, 2018 $0.96 Jul 5, 2017 $0.96
Jan 9, 2018 $0.96 Jul 5, 2017 $0.96
Jan 16, 2018 $0.96 Jul 5, 2017 $0.96
Jan 23, 2018 $0.96 Jul 5, 2017 $0.96
Jan 30, 2018 $0.96 Jul 5, 2017 $0.96
Feb 6, 2018 $0.96 Jul 5, 2017 $0.96
Feb 13, 2018 $0.96 Jul 5, 2017 $0.96
Feb 20, 2018 $0.96 Jul 5, 2017 $0.96
Feb 27, 2018 $0.96 Jul 5, 2017 $0.96
Mar 6, 2018 $0.96 Jul 5, 2017 $0.96
Mar 13, 2018 $0.96 Jul 5, 2017 $0.96
Mar 20, 2018 $0.96 Jul 5, 2017 $0.96
Mar 27, 2018 $0.96 Jul 5, 2017 $0.96
Apr 3, 2018 $0.96 Jul 5, 2017 $0.96
Apr 10, 2018 $0.96 Jul 5, 2017 $0.96
Apr 17, 2018 $0.96 Jul 5, 2017 $0.96
Apr 24, 2018 $0.96 Jul 5, 2017 $0.96
May 1, 2018 $0.96 Jul 5, 2017 $0.96
May 8, 2018 $0.96 Jul 5, 2017 $0.96
May 15, 2018 $0.96 Jul 5, 2017 $0.96
May 22, 2018 $0.96 Jul 5, 2017 $0.96
May 29, 2018 $0.96 Jul 5, 2017 $0.96
Jun 5, 2018 $0.96 Jul 5, 2017 $0.96
Jun 12, 2018 $0.96 Jul 5, 2017 $0.96
Jun 19, 2018 $0.96 Jul 5, 2017 $0.96
Jun 26, 2018 $0.96 Jul 5, 2017 $0.96
Jul 3, 2018 $0.96 Jul 5, 2017 $0.96
Jul 10, 2018 $0.96 Jul 5, 2017 $0.96
Jul 17, 2018 $0.96 Jul 5, 2017 $0.96
Jul 24, 2018 $0.96 Jul 5, 2017 $0.96
Jul 31, 2018 $0.96 Jul 5, 2017 $0.96
Aug 7, 2018 $0.96 Jul 5, 2017 $0.96
Aug 14, 2018 $0.96 Jul 5, 2017 $0.96
Aug 21, 2018 $0.96 Jul 5, 2017 $0.96
Aug 28, 2018 $0.96 Jul 5, 2017 $0.96
Sep 4, 2018 $0.96 Jul 5, 2017 $0.96
Sep 11, 2018 $0.96 Jul 5, 2017 $0.96
Sep 18, 2018 $0.96 Jul 5, 2017 $0.96
Sep 25, 2018 $0.96 Jul 5, 2017 $0.96
Oct 2, 2018 $0.96 Jul 5, 2017 $0.96
Oct 9, 2018 $0.96 Jul 5, 2017 $0.96
Oct 16, 2018 $0.96 Jul 5, 2017 $0.96
Oct 23, 2018 $0.96 Jul 5, 2017 $0.96
Oct 30, 2018 $0.96 Jul 5, 2017 $0.96
Nov 6, 2018 $0.96 Jul 5, 2017 $0.96
Nov 13, 2018 $0.96 Jul 5, 2017 $0.96
Nov 20, 2018 $0.96 Jul 5, 2017 $0.96
Nov 27, 2018 $0.96 Jul 5, 2017 $0.96
Dec 4, 2018 $0.96 Jul 5, 2017 $0.96
Dec 11, 2018 $0.96 Jul 5, 2017 $0.96
Dec 18, 2018 $0.96 Jul 5, 2017 $0.96
Dec 25, 2018 $0.96 Jul 5, 2017 $0.96
Jan 1, 2019 $0.96 Jul 5, 2017 $0.96
Jan 8, 2019 $0.96 Jul 5, 2017 $0.96
Jan 15, 2019 $0.72 Jul 5, 2017 $0.72

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