Name
Daniel
Member since
November 2016
On-time repayments
31 installments • 94%
Am Daniel Ayamga from upper east Bolgatanga, but live in Accra. l started my school from Ayalolo1 primary from there to Ayalolo 1 Junior secondary school from there to presec teshie . We are four children in all three boys and one girl. l have decided to establish my own business by selling products which are imported from USA, UK, CHINA . It calls for some amount of money to expand my business so that, my customers demands can be met . By God's Grace the business is growing very well. l was given an initial capital of Gh 200 by my uncle to start this . It my prayer and wish that my children would be great men in future by getting higher education. my part time is by doing research on the internet to discover new ideas.
l do get products like resell doctor lee, vida divina and organic fertilizer and demand of this products has increase, but due to inadequate of capital it makes it difficult to supply . These products are used as food supplements to boost the immune system . some are also used to cure peculiar sicknesses . l decided to choose this business because l feel happy to see the sick people recovered from their ailments.
My previous loan of GH 465 was very useful in meeting the demands of my business.
As result the customer base of my business has further expanded by 30% for which reason this loan would help to meet the growing demand.
This current loan of $150 would add another 10 bottles of the Dr Lee Recell products to my stock which is $15 per bottle.. The product would be sold at $18 per bottle amounting to $180 . That is 20% profit.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$168.00
Date disbursed
Mar 27, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Amount repaid
$158.63
Amount remaining
$0.00
Date repaid
Jul 5, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 6, 2017 | $11.36 | Apr 6, 2017 | $11.36 |
Apr 13, 2017 | $11.36 | Apr 13, 2017 | $11.36 |
Apr 20, 2017 | $11.36 | Apr 20, 2017 | $11.36 |
Apr 27, 2017 | $11.36 | May 5, 2017 | $11.36 |
May 4, 2017 | $11.36 | May 18, 2017 | $11.36 |
May 11, 2017 | $11.36 | May 25, 2017 | $11.36 |
May 18, 2017 | $11.36 | May 25, 2017 | $11.36 |
May 25, 2017 | $11.36 | Jun 1, 2017 | $11.36 |
Jun 1, 2017 | $11.36 | Jun 9, 2017 | $11.36 |
Jun 8, 2017 | $11.36 | Jun 9, 2017 | $11.36 |
Jun 15, 2017 | $11.36 | Jun 16, 2017 | $11.36 |
Jun 22, 2017 | $11.36 | Jun 23, 2017 | $11.36 |
Jun 29, 2017 | $11.36 | Jul 5, 2017 | $11.36 |
Jul 6, 2017 | $10.91 | Jul 6, 2017 | $10.91 |
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