Entrepreneur
Name
Paul
Member since
June 2015
On-time repayments
263 installments • 88%
About Me
I am Paul Hodji.
I was born in an area where people do not value education but I managed to educate myself to an average level.
I then proceeded to teach in a technical school with marketing background.
Having realized the need to create additional income , I decided to go into distribution of health products.
With the proceeds , I am able to pay children;s school fees as well as feed my family .
My Business
As extra source of income, health products distribution has been my activity for the past 4years.
I now need $950 to purchase health products such as Omega 3, Spirulina, Calcium, Vitamins, Garlic and Ginseng capsules.
I purchase these items at wholesale and distribute to my customers directly by myself and therefore have no need to pay any employee or helping hand apart from transport costs.
By this am able to make sufficient profit of 40 % to take care of my family and reinvest into the business.
The demand for health products is high and my customers respond favorably with repeat orders .
Loan Proposal
I will purchase health products at wholesale to supply to my costumers.
My product lines are Spirulina capsules, Ginseng capsule, omega3 with calcium and Sanitary napkins.
The cost of the items amounts to 650.00$.
I will make a profit of about 30% of the cost at each supply.
Thank you.
My Videos
Jul 22, 2021: Purchasing and supply of health products
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Loan Info
Project Type
Classic Loan
Disbursed amount
$643.00
Date disbursed
Mar 19, 2018
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Summary
Amount repaid
$643.96
Amount remaining
$0.00
Date repaid
Jul 20, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 1, 2018 | $44.83 | Apr 8, 2018 | $44.83 |
| Apr 8, 2018 | $44.83 | Apr 16, 2018 | $44.83 |
| Apr 15, 2018 | $44.83 | Apr 22, 2018 | $44.83 |
| Apr 22, 2018 | $44.83 | Apr 27, 2018 | $44.83 |
| Apr 29, 2018 | $0.00 | ||
| May 6, 2018 | $22.41 | May 1, 2018 | $22.41 |
| May 13, 2018 | $22.41 | May 1, 2018 | $22.41 |
| May 20, 2018 | $22.41 | May 5, 2018 | $22.41 |
| May 27, 2018 | $22.41 | May 26, 2018 | $22.41 |
| Jun 3, 2018 | $22.41 | Jun 3, 2018 | $22.41 |
| Jun 10, 2018 | $44.83 | Jun 10, 2018 | $44.83 |
| Jun 17, 2018 | $44.83 | Jun 16, 2018 | $44.83 |
| Jun 24, 2018 | $44.83 | Jun 24, 2018 | $44.83 |
| Jul 1, 2018 | $44.83 | Jul 2, 2018 | $44.83 |
| Jul 8, 2018 | $44.83 | Jul 9, 2018 | $44.83 |
| Jul 15, 2018 | $44.83 | Jul 14, 2018 | $44.83 |
| Jul 22, 2018 | $44.83 | Jul 20, 2018 | $44.83 |
| Jul 29, 2018 | $38.78 | Jul 22, 2018 | $38.78 |
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