I need a loan to buy wood for my carpentry business

Augusta

Sokpoe, Ghana

76% repaid

Entrepreneur

Name

Augusta

Member since

October 2016

On-time repayments

19 installments  •  79%

About Me

My name is Augusta Kusi Kosi. I was born into a family that is synonymous to poverty. I started looking after myself at the age of 8 because, 2 months before I was born, my father died in a motor accident and my mother also followed 8 years later and left me all in an isolated village.
Fortunately, one Carpenter in the community liked me so much that, he instructed me to come and learn carpentry so I can stop this "beg for food) and life a conformable life.
I have managed and passed out by the grace of God as a Carpenter.

My Business

My hustles during my apprenticeship made me to some basic tools that I would need to start business as a carpenter.
Today, I have my own shop just by the roadside under one of these local canopies. In view of this, I am looking for a loan to rent a place which I can use for my shop.
At the end of the period, whatever profit I realize will be reinvested into the business so I can earn more to support others.

Loan Proposal

My heart was filled with gladness with the benefits that my first loan gave me. I unreservedly acknowledge the magnanimous lenders who are the pillars of Zidisha. I am also grateful to the entire Zidisha community for being the strong tower that mediates us (borrowers and lenders).
I wish to submissively apply for a second loan to buy some pieces of wood for my carpentry business (to make room furniture which some of my clients have ordered). I hereby humbly appeal to my lenders to help me finance this project with a loan.
I hope this humble application or appeal would meet your most benevolent consideration and approval.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Jan 2, 2017

Repayment status

Late

Projected term

3 months

Other loans

Lenders

David McLauchlan

Seattle, United States

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Summary

Amount repaid

$3.18

Amount remaining

$0.98

Expected completion

May 6, 2017

Status

Repaying late

Installment amount

$0.24

Repayment History

Expected Payments Actual Payments
Jan 14, 2017 $0.24 Jan 13, 2017 $0.24
Jan 21, 2017 $0.24 Jan 13, 2017 $0.24
Jan 28, 2017 $0.24 Jan 13, 2017 $0.24
Feb 4, 2017 $0.24 Jan 13, 2017 $0.24
Feb 11, 2017 $0.24 Jan 13, 2017 $0.24
Feb 18, 2017 $0.24 Feb 16, 2017 $0.24
Feb 25, 2017 $0.24 Feb 16, 2017 $0.24
Mar 4, 2017 $0.24 Feb 16, 2017 $0.24
Mar 11, 2017 $0.24 Feb 16, 2017 $0.24
Mar 18, 2017 $0.24 Feb 16, 2017 $0.24
Mar 25, 2017 $0.24 Mar 24, 2017 $0.24
Apr 1, 2017 $0.24 Mar 24, 2017 $0.24
Apr 8, 2017 $0.24 Mar 24, 2017 $0.24
Apr 15, 2017 $0.24
Apr 22, 2017 $0.24
Apr 29, 2017 $0.24
May 6, 2017 $0.24

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