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
If this loan request is given a favorable consideration I will purchase the following products:
1. Ginseng : 10x$4.00 = $40.00
2 . Spirulina: 10x$4.00 = $40.00
3.Omega 3 capsule:10x4.00 = $40.00
4. Calcium : 10x4.00 = $ 40.00
Total $ 160.00
Sales
Ginseng : 6x10= $60.00
Spirulina : 6x10=$60.00
Omega 3: 6x10 $ 60.00
Calcium : 6x10 $60.00
Total-------------------------$240.00
Profit: $80.00
My Videos
Jul 22, 2021: Purchasing and supply of health products
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 13, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
Summary
Amount repaid
$113.00
Amount remaining
$0.00
Date repaid
Nov 13, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 26, 2015 | $7.50 | Jul 26, 2015 | $7.50 |
| Aug 2, 2015 | $7.50 | Aug 2, 2015 | $7.50 |
| Aug 9, 2015 | $7.50 | Aug 9, 2015 | $7.50 |
| Aug 16, 2015 | $7.50 | Aug 17, 2015 | $7.50 |
| Aug 23, 2015 | $7.50 | Aug 30, 2015 | $7.50 |
| Aug 30, 2015 | $7.50 | Aug 30, 2015 | $7.50 |
| Sep 6, 2015 | $7.50 | Sep 6, 2015 | $7.50 |
| Sep 13, 2015 | $7.50 | Sep 29, 2015 | $7.50 |
| Sep 20, 2015 | $7.50 | Sep 29, 2015 | $7.50 |
| Sep 27, 2015 | $7.50 | Sep 29, 2015 | $7.50 |
| Oct 4, 2015 | $7.50 | Oct 4, 2015 | $7.50 |
| Oct 11, 2015 | $7.50 | Oct 11, 2015 | $7.50 |
| Oct 18, 2015 | $7.50 | Oct 19, 2015 | $7.50 |
| Oct 25, 2015 | $7.50 | Nov 13, 2015 | $7.50 |
| Nov 1, 2015 | $8.00 | Nov 13, 2015 | $8.00 |
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