Loan for inventory for home-supplies shop
Agyemang
Sefwi Juaboso, Ghana
20% repaid
Entrepreneur
Name
Agyemang
Member since
January 2018
On-time repayments
27 installments • 63%
About Me
My name is Joseph Obimpeh Agyemang. I'm 22 year old gentleman.
I started my basic education at Dadieso in the Western region of Ghana and furthered to the senior high school at Sefwi Juaboso. I completed a senior high school in 2016, General Science studies.
Life was not easy for me throughout my educational career as I was in charge of most of the expenses in school. My hobbies are watching football, listening to news and reading.
My Business
I got employed as a shop keeper in shop which sells mattresses, foams, pillows, bedspreads and others. I have gained insights this business and wish to establish my own business: the demand of this kind of items is high.
I choose this business because I'm a kind of expert on these items, I have gained a lot of experience in this business.
I intend using the profit to expand the business and save some money to enable me further my education.
Loan Proposal
An amount of 65$ will be needed to purchase some inventory for my clothing business. About 10$ for pillows, 15$ for bed spreads, 20$ for blankets and 20$ for pillow cases.
This loan when fully funded to purchase the items listed above, will expand my business and increase my profit as well. This will help me to save for my education and pay for the loan. I expect about 10% increase in my profit.
About Me
Agyemang Obimpeh Joseph is my name. A 22 year old gentleman. I started my basic education at Dadieso in the Western region of Ghana. and furthered to the senior high school at Sefwi Juaboso. I completed a senior high school in 2016 which I offered General Science. Life was not easy for me throughout my educational career as I was in charge of most of the expenses in school. Watching football, listening to news and reading are my hobbies.
My Business
I got employed as a shop keeper in shop which buy cocoa beans. I have gained insights the this business and wish to establish my own because of the high demand of the items. I choose the business because of the patronage of the items and the experience I have gained this business. I intend using the profit to expand the business and save some to enable me further my education.
Loan Proposal
An amount of 65$ will be needed to purchase some inventory for my clothing business. About 10$ for pillows, 15$ for bed spreads, 20$ for blankets and 20$ for pillow cases.
This loan when fully funded to purchase the items listed above, will expand my business and increase my profit as well. This will help me to save for my education and pay for the loan. I expect about 10% increase in my profit.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$60.00
Date disbursed
Jun 6, 2018
Repayment status
Late
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$12.10
Amount remaining
$48.41
Expected completion
Aug 27, 2018
Status
Repaying late
Installment amount
$2.24
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 18, 2018 | $12.10 | Jun 18, 2018 | $12.10 |
| Jun 25, 2018 | $0.00 | ||
| Jul 2, 2018 | $2.24 | ||
| Jul 9, 2018 | $2.24 | ||
| Jul 16, 2018 | $2.24 | ||
| Jul 23, 2018 | $2.24 | ||
| Jul 30, 2018 | $2.24 | ||
| Aug 6, 2018 | $12.10 | ||
| Aug 13, 2018 | $12.10 | ||
| Aug 20, 2018 | $12.10 | ||
| Aug 27, 2018 | $0.90 | ||
Ask Agyemang a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.