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
1. Gingseng caps 15 bottles $ 4.00 =$60
2. Spirulina caps 15 bottles $ 4.00 =$60
3. Omega 3 caps 15 bottles $ 4 .00 =$60
4. Calcium 15 bottles $ 4.00 =$60
Total $$240.00
SALES AND PROFIT
Gingseng caps 15 x6 =$90.00
Spirulina caps 15x6 =$90.00
Omega3 cps 15x6 = $ 90.00
Calcium 15x6=$ 90.00
Total $360.00
Profit $120.00
My Videos
Jul 22, 2021: Purchasing and supply of health products
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Dec 7, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Southampton, United Kingdom
Redmond, United States
Yarmouth, Canada
Morro Bay, United States
Stockholm, Sweden
St-Lucien, Canada
Berlin, Germany
Bremen, Germany
Beijing, China
New York, NY, United States
Tampin, Malaysia
Hong Kong
Summary
Amount repaid
$146.50
Amount remaining
$0.00
Date repaid
Feb 12, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 20, 2015 | $17.50 | Dec 27, 2015 | $17.50 |
| Dec 27, 2015 | $17.50 | Dec 27, 2015 | $17.50 |
| Jan 3, 2016 | $17.50 | Jan 5, 2016 | $17.50 |
| Jan 10, 2016 | $17.50 | Jan 10, 2016 | $17.50 |
| Jan 17, 2016 | $17.50 | Jan 18, 2016 | $17.50 |
| Jan 24, 2016 | $17.50 | Jan 24, 2016 | $17.50 |
| Jan 31, 2016 | $17.50 | Jan 30, 2016 | $17.50 |
| Feb 7, 2016 | $17.50 | Feb 8, 2016 | $17.50 |
| Feb 14, 2016 | $6.50 | Feb 12, 2016 | $6.50 |
Ask Paul a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.