Selling liquid soaps to put myself through school
Fatima
Kumasi-aboabo, Ghana
$0 to go
100% funded of $388 goal
0
days left
Entrepreneur
Name
Fatima
Member since
February 2017
On-time repayments
76 installments • 25%
About Me
My name is Fatima Yakubu from Aboabo in the Ashanti Regional of Kumasi. My parents are Mr.and Mrs. Yakubu who are Ghanaians living in Aboabo, a suburb of Kumasi. I had my early education training at Aboabo Islamic primary and junior high school in Aboabo and Asokore Admadiyah Senior High School where i read General Science programme. I passed my final West African Senior School Certificate Examination and was admitted into nursing and midwifery training college a year after. The cost of nursing training education in Ghana is very expensive so when I got in there i decided to get something doing aside my academic work to support my parents take care of my educational expenses. I quickly spoke with my parents to offer me money to sell liquid soaps on campus because I realised it was one of the lucrative and income generating business i could do to quickly generate money to support myself in school.
I am an intelligent young businesswoman and a student nurse who sells liquid soaps to my colleague student to raise enough revenue to pay for my school fees and accommodation. I want my children to grow and become responsible and educated citizens so that they could grow and contribute their quota in the development of the nation.
My Business
I sell liquid soaps to students and the money been generated from this economic venture has been outstanding and has aided in the expansion of the business. I chose to sell liquid soaps because the students prefer it to other soap types and it gives me enough profit. Students need soap to bath and do other things. The revenue from the business has been very good and outstanding. 500 -600 dollars worth of liquid soaps can get me a profit of 90 dollars every week. The revenue from the business is re-invested into the business to enlarge it and make it attractive. Part of the profit is used to pay for my nursing training school fees and accommodation.
Loan Proposal
I will use the money to procure more liquid soaps to resell and generate enough revenue which will be reinvested into the business to grow it. Getting this loan will help my business to grow and see major face-lift so that i can get more revenue to settle my bills and school and improve my academic life on campus. This loan when granted will double my daily earnings and shoot up my revenue.
Feedback
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Neutral
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Loan Info
Project Type
Classic Loan
Disbursed amount
$388.00
Date disbursed
Sep 15, 2017
Repayment status
Late
Projected term
13 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$0.00
Amount remaining
$387.48
Expected completion
Oct 23, 2018
Status
Repaying late
Installment amount
$6.89
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 26, 2017 | $6.89 | ||
| Oct 3, 2017 | $6.89 | ||
| Oct 10, 2017 | $6.89 | ||
| Oct 17, 2017 | $6.89 | ||
| Oct 24, 2017 | $6.89 | ||
| Oct 31, 2017 | $6.89 | ||
| Nov 7, 2017 | $6.89 | ||
| Nov 14, 2017 | $6.89 | ||
| Nov 21, 2017 | $6.89 | ||
| Nov 28, 2017 | $6.89 | ||
| Dec 5, 2017 | $6.89 | ||
| Dec 12, 2017 | $6.89 | ||
| Dec 19, 2017 | $6.89 | ||
| Dec 26, 2017 | $6.89 | ||
| Jan 2, 2018 | $6.89 | ||
| Jan 9, 2018 | $6.89 | ||
| Jan 16, 2018 | $6.89 | ||
| Jan 23, 2018 | $6.89 | ||
| Jan 30, 2018 | $6.89 | ||
| Feb 6, 2018 | $6.89 | ||
| Feb 13, 2018 | $6.89 | ||
| Feb 20, 2018 | $6.89 | ||
| Feb 27, 2018 | $6.89 | ||
| Mar 6, 2018 | $6.89 | ||
| Mar 13, 2018 | $6.89 | ||
| Mar 20, 2018 | $6.89 | ||
| Mar 27, 2018 | $6.89 | ||
| Apr 3, 2018 | $6.89 | ||
| Apr 10, 2018 | $6.89 | ||
| Apr 17, 2018 | $6.89 | ||
| Apr 24, 2018 | $6.89 | ||
| May 1, 2018 | $6.89 | ||
| May 8, 2018 | $6.89 | ||
| May 15, 2018 | $6.89 | ||
| May 22, 2018 | $6.89 | ||
| May 29, 2018 | $6.89 | ||
| Jun 5, 2018 | $6.89 | ||
| Jun 12, 2018 | $6.89 | ||
| Jun 19, 2018 | $6.89 | ||
| Jun 26, 2018 | $6.89 | ||
| Jul 3, 2018 | $6.89 | ||
| Jul 10, 2018 | $6.89 | ||
| Jul 17, 2018 | $6.89 | ||
| Jul 24, 2018 | $6.89 | ||
| Jul 31, 2018 | $6.89 | ||
| Aug 7, 2018 | $6.89 | ||
| Aug 14, 2018 | $6.89 | ||
| Aug 21, 2018 | $6.89 | ||
| Aug 28, 2018 | $6.89 | ||
| Sep 4, 2018 | $6.89 | ||
| Sep 11, 2018 | $6.89 | ||
| Sep 18, 2018 | $6.89 | ||
| Sep 25, 2018 | $6.89 | ||
| Oct 2, 2018 | $6.89 | ||
| Oct 9, 2018 | $6.89 | ||
| Oct 16, 2018 | $6.89 | ||
| Oct 23, 2018 | $1.38 | ||
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