Entrepreneur
Name
Paul
Member since
March 2017
On-time repayments
5 installments • 20%
About Me
After covid 19 plagued the world and we all had our jobs come to an abrupt end, i was left without a means to cater for my needs. A friend of mine introduced me to a simple idea, that.i could sell second hand clothes and i jumped onto that idea. Well, it has been a rewarding journey as i have seen the fruits of my hard work. I now come to you my friends and ask for your help, help me grow my small business into a fairly larger enterprise. Thank you all in advance
My Business
Buying of second hand clothes at wholesale prIce and reselling them at retail prices in the local market. You only make money when you sell at a minimum markup price of 45 percent. This ensures that you can cater for transport to and from the wholesale market and market fees. The biggest challenge is having to commute to the wholesale market everyday as this increases the cost of operations. If i had enough capital i would stock enough for one week or two weeks.
Loan Proposal
pay the small bill required to ensure continuity
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Mar 13, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Summary
Amount repaid
$4.00
Amount remaining
$0.00
Date repaid
Mar 25, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 26, 2017 | $1.00 | Mar 25, 2017 | $1.00 |
| Apr 2, 2017 | $1.00 | Mar 25, 2017 | $1.00 |
| Apr 9, 2017 | $1.00 | Mar 25, 2017 | $1.00 |
| Apr 16, 2017 | $0.02 | Mar 25, 2017 | $0.02 |
| Apr 23, 2017 | $1.00 | Mar 25, 2017 | $1.00 |
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