Loan to open a new branch of paint & hardware shop
Emmanuel
Esereso, Ghana
72% repaid
Entrepreneur
Name
Emmanuel
Member since
August 2020
On-time repayments
48 installments • 56%
About Me
I am a boy of 21 years an shs graduate in 2018. I started the selling of paint and other tools immediately I completed school. Due to a small capital I have less stock but I hope zidisha will help me expand my business.
My Business
The selling of paint is the business I do. Although I sell other tools,paint is the backbone of my business. My father first gave me some money and I added my savings to it to create the initial capital but right now the profit I gain has been the sources of income.
Loan Proposal
With the new loan I am taking, I will use it to open another branch in the next town. there is not a specific paint and hardware shop in the town, so I will use this loan to open another branch to cater for their needs and I know bigger profits awaits me.
Income Source
the current economic climate is not favorable but how to repay the loan is not a problem because my business has been making the biggest profits and sales even under this economic hardship. I have new strategies which suit the economic hardship these days.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$386.00
Date disbursed
May 11, 2021
Repayment status
Late
Projected term
3 months
Lenders
Southampton, United Kingdom
Redmond, United States
Tempe, United States
Chicago, United States
Osnabrück, Germany
Germany
Fontvielle, Monaco, Yemen
Gold River, Canada
New York, United States
New York, United States
United States
Helsinki, Finland
United States
Washington DC, United States
United States
Austria
United States
United States
Australia
United States
United States
Surfers Paradise, Queensland, Australia
Norway
Hong Kong
Colorado Springs, Colorado, United States
Germany
Germany
Washington State, United States
United States
United States
United States
United States
Canada
United States
Germany
Germany
United States
United States
United States
Vancouver, Canada
United States
Canada
United States
Summary
Amount repaid
$280.77
Amount remaining
$106.55
Expected completion
Aug 29, 2021
Status
Repaying late
Installment amount
$48.41
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 23, 2021 | $48.41 | May 25, 2021 | $17.67 |
| Jun 1, 2021 | $17.67 | ||
| Jun 7, 2021 | $13.08 | ||
| May 30, 2021 | $48.41 | Jun 7, 2021 | $4.59 |
| Jun 22, 2021 | $26.50 | ||
| Jun 29, 2021 | $8.83 | ||
| Jul 11, 2021 | $8.48 | ||
| Jun 6, 2021 | $16.96 | Jul 11, 2021 | $9.19 |
| Aug 1, 2021 | $7.77 | ||
| Jun 13, 2021 | $16.96 | Aug 1, 2021 | $6.36 |
| Aug 30, 2021 | $8.83 | ||
| Oct 4, 2021 | $1.77 | ||
| Jun 20, 2021 | $16.96 | Oct 4, 2021 | $7.07 |
| Nov 10, 2021 | $9.89 | ||
| Jun 27, 2021 | $16.96 | Nov 10, 2021 | $2.47 |
| Nov 10, 2021 | $8.83 | ||
| Nov 10, 2021 | $5.65 | ||
| Jul 4, 2021 | $16.96 | Nov 10, 2021 | $1.24 |
| Apr 25, 2022 | $8.83 | ||
| Jun 2, 2022 | $6.89 | ||
| Jul 11, 2021 | $16.96 | Jun 2, 2022 | $16.96 |
| Jul 18, 2021 | $16.96 | Jun 2, 2022 | $0.88 |
| Jun 6, 2022 | $16.08 | ||
| Jul 25, 2021 | $48.41 | Jun 6, 2022 | $1.59 |
| Jun 24, 2022 | $8.83 | ||
| Jun 24, 2022 | $8.83 | ||
| Jun 27, 2022 | $29.15 | ||
| Aug 1, 2021 | $48.41 | Jun 27, 2022 | $16.79 |
| Aug 8, 2021 | $48.41 | ||
| Aug 15, 2021 | $10.60 | ||
| Aug 22, 2021 | $10.60 | ||
| Aug 29, 2021 | $5.30 | ||
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