Entrepreneur
Name
Appiah
Member since
January 2017
On-time repayments
38 installments • 79%
About Me
ABOUT ME
My name is Thomas Appiah. I come from Dompoase, a small village near Kumasi in the Ashanti kingdom of Ghana.I started my basic education at Tepa, a remote village in the Ashanti region as well as my secondary education after which I moved to Kumasi to complete my tertiary education.
I am married with four children
I briefly worked as an accounts officer at a Credit Union in Kumasi but I had to stop to jointly open a small joint with my brother.
I wish to state that my whole family including the extended family depends on the little income I been earning from the joint.
I have an ambition to set up a saloon for my wife who is a professional hairdresser so that she will be able support me in bringing our children to an appreciable level in education. Thus I need assistance to help me acquire a shop, purchase materials such as dryers, chemicals, electrical installation as well as little money to run the operation of the saloon.
I believe this ambition if realized, will release some of the heavy family burden from my shoulders as my wife would be able to support me financially.
I like football as well listening to music and I also have a passion to assist the sick and the needy in my own small way.
My Business
MY BUSINESS
Currently the business in I am involved in include the resale of both alcoholic and non-alcoholics as well as food in a joint in one of the suburbs of Kumasi.
Our Income is mainly from the sale of the products described above and whatever is realized as profit after taken the cost of acquiring the products and other expenses from the total sales is shared among ourselves as business owners as well as for the expansion of the business.
I believe if the loan is granted for me to set up the business, pressure will be drastically reduced from the little income from the current business so that I would be able to save part of the money to repay the loan.
Loan Proposal
I WILL USE THE LOAN TO BUY ITEMS TO HELP ME SERVE MY CUSTOMERS EFFECTIVELY AND EFFICIENTLY. IT WILL ALSO HELP ME TO REPAY THE LOAN IN TIME AND TAKE CARE OF MY FAMILY AS WELL.
ITEMS SUCH AS; HAND DRYER (3X) - $60 EACH, SHAMPOO - $120, HAIR STRAIGHTENER - $100 AND OTHER ITEMS.
THESE ITEMS WILL HELP ME GET MORE CUSTOMERS . HENCE, MORE PROFIT TO INCREASE MY INCOME LEVEL TO KEEP THE HOPE OF EXPANDING MY BUSINESS INTACT.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$784.00
Date disbursed
Jul 12, 2017
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$784.47
Amount remaining
$0.00
Date repaid
Dec 8, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 22, 2017 | $43.36 | Jul 31, 2017 | $43.36 |
| Jul 29, 2017 | $43.36 | Jul 31, 2017 | $43.36 |
| Aug 5, 2017 | $43.36 | Jul 31, 2017 | $0.48 |
| Aug 7, 2017 | $42.88 | ||
| Aug 12, 2017 | $43.36 | Aug 7, 2017 | $0.72 |
| Aug 18, 2017 | $42.64 | ||
| Aug 19, 2017 | $43.36 | Aug 18, 2017 | $0.96 |
| Aug 29, 2017 | $42.40 | ||
| Aug 26, 2017 | $43.36 | Aug 29, 2017 | $43.36 |
| Sep 2, 2017 | $43.36 | Aug 29, 2017 | $1.44 |
| Sep 21, 2017 | $41.92 | ||
| Sep 9, 2017 | $43.36 | Sep 21, 2017 | $43.36 |
| Sep 16, 2017 | $43.36 | Sep 21, 2017 | $0.96 |
| Sep 26, 2017 | $42.40 | ||
| Sep 23, 2017 | $43.36 | Sep 26, 2017 | $43.36 |
| Sep 30, 2017 | $43.36 | Sep 26, 2017 | $1.44 |
| Sep 29, 2017 | $41.92 | ||
| Oct 7, 2017 | $43.36 | Sep 29, 2017 | $1.44 |
| Oct 17, 2017 | $41.92 | ||
| Oct 14, 2017 | $43.36 | Oct 17, 2017 | $1.44 |
| Nov 1, 2017 | $41.92 | ||
| Oct 21, 2017 | $43.36 | Nov 1, 2017 | $1.44 |
| Nov 3, 2017 | $41.92 | ||
| Oct 28, 2017 | $43.36 | Nov 3, 2017 | $1.44 |
| Nov 11, 2017 | $41.92 | ||
| Nov 4, 2017 | $43.36 | Nov 11, 2017 | $1.44 |
| Nov 16, 2017 | $41.92 | ||
| Nov 11, 2017 | $43.36 | Nov 16, 2017 | $1.44 |
| Nov 16, 2017 | $41.92 | ||
| Nov 18, 2017 | $43.36 | Nov 16, 2017 | $1.44 |
| Dec 8, 2017 | $41.92 | ||
| Nov 25, 2017 | $4.07 | Dec 8, 2017 | $4.07 |
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