Loan to purchase and supply health productsw

Paul

Tema, Ghana

100% repaid

Entrepreneur

Name

Paul

Member since

June 2015

On-time repayments

263 installments  •  88%

About Me

I am Paul Hodji.
I was born in an area where people do not value education but I managed to educate myself to an average level.
I then proceeded to teach in a technical school with marketing background.
Having realized the need to create additional income , I decided to go into distribution of health products.
With the proceeds , I am able to pay children;s school fees as well as feed my family .

My Business

As extra source of income, health products distribution has been my activity for the past 4years.
I now need $950 to purchase health products such as Omega 3, Spirulina, Calcium, Vitamins, Garlic and Ginseng capsules.
I purchase these items at wholesale and distribute to my customers directly by myself and therefore have no need to pay any employee or helping hand apart from transport costs.
By this am able to make sufficient profit of 40 % to take care of my family and reinvest into the business.
The demand for health products is high and my customers respond favorably with repeat orders .

Loan Proposal

By this loan l will continue to satisfy my customers demand and be making profits as usual. In that way l keep my dependants in good shape as it is my responsibility. Payments of bill ad well.
We are all aware that the economy is not encouraging so we just have to keep making efforts not to sink but to be afloat and healthy with hope.

My Videos

Jul 22, 2021: Purchasing and supply of health products

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$968.00

Date disbursed

Oct 30, 2019

Repayment status

On Time

Projected term

7 months

Lenders

R

Ru

New York, United States

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Summary

Amount repaid

$968.31

Amount remaining

$0.00

Date repaid

Jun 14, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 10, 2019 $80.57 Nov 12, 2019 $80.57
Nov 17, 2019 $27.85 Nov 14, 2019 $27.85
Nov 24, 2019 $27.85 Nov 21, 2019 $27.85
Dec 1, 2019 $27.85 Dec 3, 2019 $27.85
Dec 8, 2019 $27.85 Dec 11, 2019 $27.85
Dec 15, 2019 $27.85 Dec 17, 2019 $27.85
Dec 22, 2019 $0.00
Dec 29, 2019 $22.28 Dec 28, 2019 $22.28
Jan 5, 2020 $22.28 Jan 5, 2020 $22.28
Jan 12, 2020 $22.28 Jan 14, 2020 $22.28
Jan 19, 2020 $22.28 Jan 20, 2020 $22.28
Jan 26, 2020 $22.28 Jan 26, 2020 $22.28
Feb 2, 2020 $80.57 Feb 4, 2020 $80.57
Feb 9, 2020 $22.28 Feb 9, 2020 $22.28
Feb 16, 2020 $22.28 Feb 19, 2020 $22.28
Feb 23, 2020 $22.28 Feb 23, 2020 $22.28
Mar 1, 2020 $22.28 Mar 4, 2020 $22.28
Mar 8, 2020 $22.28 Mar 8, 2020 $22.28
Mar 15, 2020 $27.85 Mar 17, 2020 $27.85
Mar 22, 2020 $27.85 Mar 25, 2020 $27.85
Mar 29, 2020 $27.85 Mar 28, 2020 $27.85
Apr 5, 2020 $27.85 Apr 4, 2020 $27.85
Apr 12, 2020 $27.85 Apr 12, 2020 $27.85
Apr 19, 2020 $27.85 Apr 15, 2020 $27.85
Apr 26, 2020 $27.85 Apr 25, 2020 $27.85
May 3, 2020 $27.85 May 3, 2020 $27.85
May 10, 2020 $27.85 May 8, 2020 $27.85
May 17, 2020 $27.85 May 10, 2020 $27.85
May 24, 2020 $27.85 May 24, 2020 $27.85
May 31, 2020 $27.85 May 30, 2020 $27.85
Jun 7, 2020 $27.85 Jun 7, 2020 $27.85
Jun 14, 2020 $83.17 Jun 14, 2020 $83.17

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