To settle my daughter school fees

Ampaabeng

Sampa, Ghana

6% repaid

Entrepreneur

Name

Ampaabeng

Member since

August 2017

On-time repayments

124 installments  •  19%

About Me

I am a young self respected man and very industrious. i am into general merchant and deals in household supplies,poultry feeds and electronic satellite TV retail.i have tried so many times but very difficult raising funds to grow my business and at a point i secured a bank loan and i was only able to pay the money back by selling a piece of plot my father gave me because of the high interest on the loan. i have lived my whole life in my community with my family and been trying to make ends meet so as to provide for my family. i was selling dog chains to raise money to start a business but mostly unsuccessful. i started my own business when i meet some people who were working on satellites so i joined their team so from that i was able to start selling satellite TV decoders one by one.. my people are very friendly and hard working and i want to build a very large business empire so that my children will take over when they grow up. i love walking,reading,movies and cooking

My Business

I am into the sales of satellite TV decoders and Dish on retail basis and also supply household supplies like the various kinds of cleaning equipment's. you know in recent times the advancement in technology has made the demand for pay TV and free on air TV very demanding so as soon as i have them in stock i do distribute them to the ready market in my area and also there is a high demand for house cleaning materials but it is mostly shot in supply here in my city so i tried going into supply and it is really moving but its difficult to buy more since i don't have the finance. i chose this two kind of businesses because i have the desire in working with satellite because aside the profit i will get from it,it would also help to expand my knowledge in technology and also there is a ready market for the house cleaning materials so i want to get into them to make profit and also expand my business.the typical cost for both areas of business is ¢gh1500 and i am able to raise more at least 250 from each sales i made and i use my profit in looking after my family and also reinvesting part. i also support the local childrens home in my city and i also use some to improve my life also.

Loan Proposal

hello lenders l thank you very much for helping my business grow to this far and may the almighty God bless you abundantly . please lenders with this loan l be able settle the school fees of my daughter thank you for reading .

Feedback

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None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$64.00

Date disbursed

Feb 11, 2018

Repayment status

Late

Projected term

25 months

Lenders

S

sanfransec

San Francisco, CA, United States

Adam Fraser

Cambridge, United Kingdom

petter

Finland

M

miri

Austria

John

United States

Joshi

United States

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Summary

Amount repaid

$4.03

Amount remaining

$60.07

Expected completion

Mar 22, 2020

Status

Repaying late

Installment amount

$0.22

Repayment History

Expected Payments Actual Payments
Feb 18, 2018 $0.67 Feb 12, 2018 $0.67
Feb 25, 2018 $0.67 Feb 12, 2018 $0.67
Mar 4, 2018 $0.67 Feb 12, 2018 $0.67
Mar 11, 2018 $0.67 Feb 12, 2018 $0.67
Mar 18, 2018 $0.22 Feb 12, 2018 $0.22
Mar 25, 2018 $0.22 Apr 11, 2018 $0.22
Apr 1, 2018 $0.22 Apr 11, 2018 $0.22
Apr 8, 2018 $0.22 Apr 11, 2018 $0.22
Apr 15, 2018 $0.22 Apr 11, 2018 $0.22
Apr 22, 2018 $0.22 Apr 11, 2018 $0.22
Apr 29, 2018 $0.22
May 6, 2018 $0.22
May 13, 2018 $0.22
May 20, 2018 $0.22
May 27, 2018 $0.22
Jun 3, 2018 $0.22
Jun 10, 2018 $0.22
Jun 17, 2018 $0.22
Jun 24, 2018 $0.22
Jul 1, 2018 $0.22
Jul 8, 2018 $0.22
Jul 15, 2018 $0.22
Jul 22, 2018 $0.22
Jul 29, 2018 $0.22
Aug 5, 2018 $0.22
Aug 12, 2018 $0.22
Aug 19, 2018 $0.22
Aug 26, 2018 $0.22
Sep 2, 2018 $0.22
Sep 9, 2018 $0.22
Sep 16, 2018 $0.22
Sep 23, 2018 $0.22
Sep 30, 2018 $0.22
Oct 7, 2018 $0.22
Oct 14, 2018 $0.22
Oct 21, 2018 $0.22
Oct 28, 2018 $0.22
Nov 4, 2018 $0.22
Nov 11, 2018 $0.22
Nov 18, 2018 $0.22
Nov 25, 2018 $0.22
Dec 2, 2018 $0.22
Dec 9, 2018 $0.22
Dec 16, 2018 $0.22
Dec 23, 2018 $0.22
Dec 30, 2018 $0.22
Jan 6, 2019 $0.22
Jan 13, 2019 $0.22
Jan 20, 2019 $0.22
Jan 27, 2019 $0.22
Feb 3, 2019 $0.22
Feb 10, 2019 $0.22
Feb 17, 2019 $0.22
Feb 24, 2019 $0.22
Mar 3, 2019 $0.22
Mar 10, 2019 $0.22
Mar 17, 2019 $0.22
Mar 24, 2019 $0.22
Mar 31, 2019 $0.22
Apr 7, 2019 $0.22
Apr 14, 2019 $0.22
Apr 21, 2019 $0.22
Apr 28, 2019 $0.22
May 5, 2019 $0.22
May 12, 2019 $0.22
May 19, 2019 $0.22
May 26, 2019 $0.22
Jun 2, 2019 $0.22
Jun 9, 2019 $0.22
Jun 16, 2019 $0.22
Jun 23, 2019 $0.22
Jun 30, 2019 $0.22
Jul 7, 2019 $0.22
Jul 14, 2019 $0.22
Jul 21, 2019 $0.22
Jul 28, 2019 $0.22
Aug 4, 2019 $0.22
Aug 11, 2019 $0.22
Aug 18, 2019 $0.22
Aug 25, 2019 $0.22
Sep 1, 2019 $0.22
Sep 8, 2019 $0.22
Sep 15, 2019 $0.22
Sep 22, 2019 $0.22
Sep 29, 2019 $0.22
Oct 6, 2019 $0.22
Oct 13, 2019 $0.22
Oct 20, 2019 $0.22
Oct 27, 2019 $0.22
Nov 3, 2019 $0.22
Nov 10, 2019 $0.22
Nov 17, 2019 $0.22
Nov 24, 2019 $0.22
Dec 1, 2019 $0.22
Dec 8, 2019 $0.22
Dec 15, 2019 $0.22
Dec 22, 2019 $0.22
Dec 29, 2019 $0.22
Jan 5, 2020 $0.22
Jan 12, 2020 $0.22
Jan 19, 2020 $0.22
Jan 26, 2020 $0.22
Feb 2, 2020 $0.22
Feb 9, 2020 $0.22
Feb 16, 2020 $0.22
Feb 23, 2020 $0.22
Mar 1, 2020 $0.22
Mar 8, 2020 $0.22
Mar 15, 2020 $0.22
Mar 22, 2020 $37.88

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