Loan to buy cream, nails & human hair
Olivia
Greater Accra, Ghana
1% repaid
Entrepreneur
Name
Olivia
Member since
September 2020
On-time repayments
42 installments • 57%
About Me
My name is Olivia Obeng, I attended junior high school at Asamakese . When I completed I further my education to the senior high level. After my education I decided to work with Done well insurance company limited. I also sell human hairs as part time business .I will like to end here with my letter. Thank you
My Business
The business I do is I sell ladies hair in addition to the insurance company I work with.i have done this business for about five years. I want to apply for this loan so that I can expand it .
Loan Proposal
First of all I will like to use the loan to buy, human hair, also buy hair cream and nails to sell in the shop. I want to add nails to my goods because is one of the things my customers have been asking for, and since I don't want to miss their money that is why I have decided to add it. Moreover when I add the nails my sales will increase and my profit will also increase this will help me pay the loan quickly. I will like to end my loan proposal hear. Thank you
Income Source
I will like to use this opportunity to discribe how am going to pay the loan. First and foremost we are in covid season which has affected many businesses across the globe but in Ghana business is going on smoothly and for that reason I will like to use some of the profit I will generate from the business to pay back the loan . It is the first thing I will use the profit to do before anything else. I will like to end here with my letter and I hope my loan proposal will be approved quickly. Thank you
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$482.00
Date disbursed
May 9, 2021
Repayment status
Late
Projected term
4 months
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Summary
Amount repaid
$7.07
Amount remaining
$476.19
Expected completion
Sep 14, 2021
Status
Repaying late
Installment amount
$48.41
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 18, 2021 | $48.41 | Jun 9, 2021 | $3.53 |
| Jul 8, 2021 | $3.53 | ||
| May 25, 2021 | $48.41 | ||
| Jun 1, 2021 | $48.41 | ||
| Jun 8, 2021 | $9.89 | ||
| Jun 15, 2021 | $9.89 | ||
| Jun 22, 2021 | $9.89 | ||
| Jun 29, 2021 | $9.89 | ||
| Jul 6, 2021 | $9.89 | ||
| Jul 13, 2021 | $48.41 | ||
| Jul 20, 2021 | $48.41 | ||
| Jul 27, 2021 | $48.41 | ||
| Aug 3, 2021 | $48.41 | ||
| Aug 10, 2021 | $10.25 | ||
| Aug 17, 2021 | $10.25 | ||
| Aug 24, 2021 | $10.25 | ||
| Aug 31, 2021 | $10.25 | ||
| Sep 7, 2021 | $10.25 | ||
| Sep 14, 2021 | $43.64 | ||
Sabrina Feb 7, 2021
Vincent Strangio Jan 26, 2021
Kirk Moore Dec 10, 2020
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