Loan to pay for my newly ordered mobile phones
Michael
Akim Oda, Ghana
100% repaid
Entrepreneur
Name
Michael
Member since
November 2016
On-time repayments
126 installments • 23%
About Me
Michael Osei is my name and have been operating this business about 2years ago. I capitalize on this business after my past years in school when I normally connect to friends who could sold this same sandals in town. As in school I and making some little business I go for these sandals and sell them in school , make some profit and return the principal amount.
My Business
My income source is now deeply dependent on the shoes I received from a Togolese's supplier , sell them and later make the payments. It is on credit terms.
Base on the serene location I am being able to capitalise on the market. I am being able to sell and make about 60USD a day. And also looking forward to improve in my sales plan.
Loan Proposal
After entering to a contract with SO BOOM mobile phone suppliers , per the agreement i was suppose to pay for these items before November 2016, But due to the fall in market sales i have not not been able to pay off the arrears fully. I here fore wish to apply for a top up loan to pay completely the order of these mobile phones handsets.
If granted i shall make all repayment back to my lenders as stipulated in the agreement.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Nov 16, 2016
Repayment status
On Time
Projected term
9 months
Other loans
Lenders
Summary
Amount repaid
$10.24
Amount remaining
$0.00
Date repaid
Apr 10, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 25, 2016 | $0.26 | Nov 26, 2016 | $0.26 |
| Dec 2, 2016 | $0.26 | Nov 26, 2016 | $0.26 |
| Dec 9, 2016 | $0.26 | Nov 26, 2016 | $0.26 |
| Dec 16, 2016 | $0.26 | Nov 26, 2016 | $0.26 |
| Dec 23, 2016 | $0.26 | Dec 22, 2016 | $0.26 |
| Dec 30, 2016 | $0.26 | Dec 22, 2016 | $0.26 |
| Jan 6, 2017 | $0.26 | Dec 22, 2016 | $0.26 |
| Jan 13, 2017 | $0.26 | Dec 22, 2016 | $0.26 |
| Jan 20, 2017 | $0.26 | Jan 24, 2017 | $0.26 |
| Jan 27, 2017 | $0.26 | Jan 24, 2017 | $0.26 |
| Feb 3, 2017 | $0.26 | Jan 24, 2017 | $0.26 |
| Feb 10, 2017 | $0.26 | Jan 24, 2017 | $0.26 |
| Feb 17, 2017 | $0.26 | Jan 24, 2017 | $0.26 |
| Feb 24, 2017 | $0.26 | Mar 6, 2017 | $0.26 |
| Mar 3, 2017 | $0.26 | Mar 6, 2017 | $0.26 |
| Mar 10, 2017 | $0.26 | Mar 6, 2017 | $0.26 |
| Mar 17, 2017 | $0.26 | Mar 6, 2017 | $0.26 |
| Mar 24, 2017 | $0.26 | Mar 28, 2017 | $0.26 |
| Mar 31, 2017 | $0.26 | Mar 28, 2017 | $0.26 |
| Apr 7, 2017 | $0.26 | Mar 28, 2017 | $0.26 |
| Apr 14, 2017 | $0.26 | Mar 28, 2017 | $0.26 |
| Apr 21, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Apr 28, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| May 5, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| May 12, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| May 19, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| May 26, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Jun 2, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Jun 9, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Jun 16, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Jun 23, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Jun 30, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Jul 7, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Jul 14, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Jul 21, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Jul 28, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Aug 4, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Aug 11, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Aug 18, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
| Aug 25, 2017 | $0.26 | Apr 10, 2017 | $0.26 |
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