Entrepreneur
Name
Nancy
Member since
November 2017
On-time repayments
23 installments • 57%
About Me
My name is Nancy Acquah. I'm 30 years old. I have completed Polytechnic with diploma in Logistics and supply chain. I'm the fifth of my siblings.
I started trading at the age of 18 when I was at the secondary school.
My Business
I deal in the sales of soft drinks like Fanta, malt, sprit and a whole of drinks. I also sell pure water, both in sachets and bottle.
I chose to do this business because of its high returns . Profits are high since my goods are in demand each day.
Profits are used for reinvesting into the business and part used to pay for my child's education.
Loan Proposal
I will use the loan to purchase a crate of Malta Guinness which cost @ $20 , bottle water @ $15 , Rox energy drink @ $24
Returns on these items will increase from about 2% to 4% because of the festive season ahead.
Due to my door to door delivery of my goods, there are a lot of benefits to my customers, it saves them cost of traveling to far place to purchase an item.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$72.00
Date disbursed
Nov 23, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Summary
Amount repaid
$68.10
Amount remaining
$0.00
Date repaid
Jan 9, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 3, 2017 | $13.31 | Dec 3, 2017 | $13.31 |
| Dec 10, 2017 | $13.31 | Dec 17, 2017 | $13.31 |
| Dec 17, 2017 | $13.31 | Dec 17, 2017 | $13.31 |
| Dec 24, 2017 | $13.31 | Jan 6, 2018 | $13.31 |
| Dec 31, 2017 | $13.31 | Jan 6, 2018 | $13.31 |
| Jan 7, 2018 | $1.55 | Jan 9, 2018 | $1.55 |
Ask Nancy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.