Sewing sachets for clean drinking water sales
Evans
Ho Agortime, Kpetoe, Ghana
16% repaid
Entrepreneur
Name
Evans
Member since
March 2016
On-time repayments
195 installments • 14%
About Me
Evans Opoku is my name and I am a Ghanaian. I come from a family of three boys and three females with mom and dad we make eight in all. that is quiet huge. As a child, I was good with books and so I got encouraged a lot to continue learning but his was going to come to an end due to financial constraint from the part of my parents right after junior high school.
I deal in the sowing of sachet water bags so I sow it mainly for Aqua Dove mineral water. When I left junior high school and I could not further it, my father bought me my first sowing machine and gave me to a man who was already in this business and for just two years I had the chance to work on my own. The business is good, production is in mass quantity and that is to assure our business of sowing sachet water bags.
My Business
I sow sachet water bags in my community for small sachet water producing companies. I usually buy the rubber and do the designs and later the sowing. so when I invest in say $200, mostly I make a profit of not less than 60%. I choose this because I saw a huge market and demand for such a service and that was when sachet water was emerging. I put back much of the money that I make into my business and the rest for my upkeep and I do remit my parents too a lot.
This loan when funded will help me reach my targets and make much profit and also to help provide the people of my community with portable drinking water...
Loan Proposal
When I receive this funding, I will buy $200 worth of Rubber which I will use to sow sachet water bags for my clients. Then I will use the rest of the $50 to buy ink for our printing machine which does the designing of the companies logo on the rubbers before I sow them.
This will increase my profits, this will help provide clean and portable drinking water for the people of my community. With this investment of $250.00 , I expect to have a profit of not less than 50% as returns on invested capital.
With this margin, I will be surely able to repay my loan per arrangements going forward..
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Apr 27, 2016
Repayment status
Late
Projected term
45 months
Lenders
Italy
Sweden
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$41.62
Amount remaining
$223.68
Expected completion
Jan 25, 2020
Status
Repaying late
Installment amount
$1.34
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 7, 2016 | $5.37 | May 8, 2016 | $5.37 |
| May 14, 2016 | $1.34 | May 15, 2016 | $1.34 |
| May 21, 2016 | $1.34 | May 23, 2016 | $1.34 |
| May 28, 2016 | $1.34 | May 29, 2016 | $1.34 |
| Jun 4, 2016 | $1.34 | Jun 6, 2016 | $1.34 |
| Jun 11, 2016 | $1.34 | Jun 8, 2016 | $1.34 |
| Jun 18, 2016 | $1.34 | Jun 8, 2016 | $1.34 |
| Jun 25, 2016 | $1.34 | Jun 8, 2016 | $1.34 |
| Jul 2, 2016 | $1.34 | Jun 8, 2016 | $1.34 |
| Jul 9, 2016 | $1.34 | Jun 14, 2016 | $1.34 |
| Jul 16, 2016 | $1.34 | Jun 20, 2016 | $1.34 |
| Jul 23, 2016 | $1.34 | Jun 26, 2016 | $1.34 |
| Jul 30, 2016 | $1.34 | Jul 5, 2016 | $1.34 |
| Aug 6, 2016 | $1.34 | Jul 13, 2016 | $1.34 |
| Aug 13, 2016 | $1.34 | Jul 13, 2016 | $1.34 |
| Aug 20, 2016 | $1.34 | Jul 20, 2016 | $1.34 |
| Aug 27, 2016 | $1.34 | Jul 29, 2016 | $1.34 |
| Sep 3, 2016 | $1.34 | Jul 29, 2016 | $1.34 |
| Sep 10, 2016 | $1.34 | Aug 14, 2016 | $1.34 |
| Sep 17, 2016 | $1.34 | Aug 14, 2016 | $1.34 |
| Sep 24, 2016 | $1.34 | Aug 14, 2016 | $1.34 |
| Oct 1, 2016 | $1.34 | Sep 2, 2016 | $1.34 |
| Oct 8, 2016 | $1.34 | Sep 2, 2016 | $1.34 |
| Oct 15, 2016 | $1.34 | Sep 17, 2016 | $1.34 |
| Oct 22, 2016 | $1.34 | Sep 17, 2016 | $1.34 |
| Oct 29, 2016 | $1.34 | Sep 17, 2016 | $1.34 |
| Nov 5, 2016 | $1.34 | Sep 17, 2016 | $1.34 |
| Nov 12, 2016 | $1.34 | Oct 8, 2016 | $1.34 |
| Nov 19, 2016 | $1.34 | ||
| Nov 26, 2016 | $1.34 | ||
| Dec 3, 2016 | $1.34 | ||
| Dec 10, 2016 | $1.34 | ||
| Dec 17, 2016 | $1.34 | ||
| Dec 24, 2016 | $1.34 | ||
| Dec 31, 2016 | $1.34 | ||
| Jan 7, 2017 | $1.34 | ||
| Jan 14, 2017 | $1.34 | ||
| Jan 21, 2017 | $1.34 | ||
| Jan 28, 2017 | $1.34 | ||
| Feb 4, 2017 | $1.34 | ||
| Feb 11, 2017 | $1.34 | ||
| Feb 18, 2017 | $1.34 | ||
| Feb 25, 2017 | $1.34 | ||
| Mar 4, 2017 | $1.34 | ||
| Mar 11, 2017 | $1.34 | ||
| Mar 18, 2017 | $1.34 | ||
| Mar 25, 2017 | $1.34 | ||
| Apr 1, 2017 | $1.34 | ||
| Apr 8, 2017 | $1.34 | ||
| Apr 15, 2017 | $1.34 | ||
| Apr 22, 2017 | $1.34 | ||
| Apr 29, 2017 | $1.34 | ||
| May 6, 2017 | $1.34 | ||
| May 13, 2017 | $1.34 | ||
| May 20, 2017 | $1.34 | ||
| May 27, 2017 | $1.34 | ||
| Jun 3, 2017 | $1.34 | ||
| Jun 10, 2017 | $1.34 | ||
| Jun 17, 2017 | $1.34 | ||
| Jun 24, 2017 | $1.34 | ||
| Jul 1, 2017 | $1.34 | ||
| Jul 8, 2017 | $1.34 | ||
| Jul 15, 2017 | $1.34 | ||
| Jul 22, 2017 | $1.34 | ||
| Jul 29, 2017 | $1.34 | ||
| Aug 5, 2017 | $1.34 | ||
| Aug 12, 2017 | $1.34 | ||
| Aug 19, 2017 | $1.34 | ||
| Aug 26, 2017 | $1.34 | ||
| Sep 2, 2017 | $1.34 | ||
| Sep 9, 2017 | $1.34 | ||
| Sep 16, 2017 | $1.34 | ||
| Sep 23, 2017 | $1.34 | ||
| Sep 30, 2017 | $1.34 | ||
| Oct 7, 2017 | $1.34 | ||
| Oct 14, 2017 | $1.34 | ||
| Oct 21, 2017 | $1.34 | ||
| Oct 28, 2017 | $1.34 | ||
| Nov 4, 2017 | $1.34 | ||
| Nov 11, 2017 | $1.34 | ||
| Nov 18, 2017 | $1.34 | ||
| Nov 25, 2017 | $1.34 | ||
| Dec 2, 2017 | $1.34 | ||
| Dec 9, 2017 | $1.34 | ||
| Dec 16, 2017 | $1.34 | ||
| Dec 23, 2017 | $1.34 | ||
| Dec 30, 2017 | $1.34 | ||
| Jan 6, 2018 | $1.34 | ||
| Jan 13, 2018 | $1.34 | ||
| Jan 20, 2018 | $1.34 | ||
| Jan 27, 2018 | $1.34 | ||
| Feb 3, 2018 | $1.34 | ||
| Feb 10, 2018 | $1.34 | ||
| Feb 17, 2018 | $1.34 | ||
| Feb 24, 2018 | $1.34 | ||
| Mar 3, 2018 | $1.34 | ||
| Mar 10, 2018 | $1.34 | ||
| Mar 17, 2018 | $1.34 | ||
| Mar 24, 2018 | $1.34 | ||
| Mar 31, 2018 | $1.34 | ||
| Apr 7, 2018 | $1.34 | ||
| Apr 14, 2018 | $1.34 | ||
| Apr 21, 2018 | $1.34 | ||
| Apr 28, 2018 | $1.34 | ||
| May 5, 2018 | $1.34 | ||
| May 12, 2018 | $1.34 | ||
| May 19, 2018 | $1.34 | ||
| May 26, 2018 | $1.34 | ||
| Jun 2, 2018 | $1.34 | ||
| Jun 9, 2018 | $1.34 | ||
| Jun 16, 2018 | $1.34 | ||
| Jun 23, 2018 | $1.34 | ||
| Jun 30, 2018 | $1.34 | ||
| Jul 7, 2018 | $1.34 | ||
| Jul 14, 2018 | $1.34 | ||
| Jul 21, 2018 | $1.34 | ||
| Jul 28, 2018 | $1.34 | ||
| Aug 4, 2018 | $1.34 | ||
| Aug 11, 2018 | $1.34 | ||
| Aug 18, 2018 | $1.34 | ||
| Aug 25, 2018 | $1.34 | ||
| Sep 1, 2018 | $1.34 | ||
| Sep 8, 2018 | $1.34 | ||
| Sep 15, 2018 | $1.34 | ||
| Sep 22, 2018 | $1.34 | ||
| Sep 29, 2018 | $1.34 | ||
| Oct 6, 2018 | $1.34 | ||
| Oct 13, 2018 | $1.34 | ||
| Oct 20, 2018 | $1.34 | ||
| Oct 27, 2018 | $1.34 | ||
| Nov 3, 2018 | $1.34 | ||
| Nov 10, 2018 | $1.34 | ||
| Nov 17, 2018 | $1.34 | ||
| Nov 24, 2018 | $1.34 | ||
| Dec 1, 2018 | $1.34 | ||
| Dec 8, 2018 | $1.34 | ||
| Dec 15, 2018 | $1.34 | ||
| Dec 22, 2018 | $1.34 | ||
| Dec 29, 2018 | $1.34 | ||
| Jan 5, 2019 | $1.34 | ||
| Jan 12, 2019 | $1.34 | ||
| Jan 19, 2019 | $1.34 | ||
| Jan 26, 2019 | $1.34 | ||
| Feb 2, 2019 | $1.34 | ||
| Feb 9, 2019 | $1.34 | ||
| Feb 16, 2019 | $1.34 | ||
| Feb 23, 2019 | $1.34 | ||
| Mar 2, 2019 | $1.34 | ||
| Mar 9, 2019 | $1.34 | ||
| Mar 16, 2019 | $1.34 | ||
| Mar 23, 2019 | $1.34 | ||
| Mar 30, 2019 | $1.34 | ||
| Apr 6, 2019 | $1.34 | ||
| Apr 13, 2019 | $1.34 | ||
| Apr 20, 2019 | $1.34 | ||
| Apr 27, 2019 | $1.34 | ||
| May 4, 2019 | $1.34 | ||
| May 11, 2019 | $1.34 | ||
| May 18, 2019 | $1.34 | ||
| May 25, 2019 | $1.34 | ||
| Jun 1, 2019 | $1.34 | ||
| Jun 8, 2019 | $1.34 | ||
| Jun 15, 2019 | $1.34 | ||
| Jun 22, 2019 | $1.34 | ||
| Jun 29, 2019 | $1.34 | ||
| Jul 6, 2019 | $1.34 | ||
| Jul 13, 2019 | $1.34 | ||
| Jul 20, 2019 | $1.34 | ||
| Jul 27, 2019 | $1.34 | ||
| Aug 3, 2019 | $1.34 | ||
| Aug 10, 2019 | $1.34 | ||
| Aug 17, 2019 | $1.34 | ||
| Aug 24, 2019 | $1.34 | ||
| Aug 31, 2019 | $1.34 | ||
| Sep 7, 2019 | $1.34 | ||
| Sep 14, 2019 | $1.34 | ||
| Sep 21, 2019 | $1.34 | ||
| Sep 28, 2019 | $1.34 | ||
| Oct 5, 2019 | $1.34 | ||
| Oct 12, 2019 | $1.34 | ||
| Oct 19, 2019 | $1.34 | ||
| Oct 26, 2019 | $1.34 | ||
| Nov 2, 2019 | $1.34 | ||
| Nov 9, 2019 | $1.34 | ||
| Nov 16, 2019 | $1.34 | ||
| Nov 23, 2019 | $1.34 | ||
| Nov 30, 2019 | $1.34 | ||
| Dec 7, 2019 | $1.34 | ||
| Dec 14, 2019 | $1.34 | ||
| Dec 21, 2019 | $1.34 | ||
| Dec 28, 2019 | $1.34 | ||
| Jan 4, 2020 | $1.34 | ||
| Jan 11, 2020 | $1.34 | ||
| Jan 18, 2020 | $1.34 | ||
| Jan 25, 2020 | $0.81 | ||
Ask Evans a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.