Entrepreneur
Name
Sarah
Member since
April 2015
On-time repayments
219 installments • 25%
About Me
I am a 20 year old lady who started her basic education at the St. Monica's primary and Junior High School. Unfortunately for me I had to drop out due to financial problems. At the beginning, things weren't that easy but through hard work and determinations, I could achieve something out of nothing. My big brother came with an idea that we should begin our own business. He wanted us to do some soap and detergent, sorrelle drink and fruit drink business. Well, we started alright but the challenges were so much that he almost quit. I love to watch local movies and listen to music.
My Business
The business is actually into soap and detergent and cosmetics and drinks production. For now, we manufacture liquid detergents and sorrelle drinks. These products that we manufacture are in a high demand because people use them everyday. Our products in particular are also affordable and provide many benefits. The liquid detergent does not just cleanse clothes but also provide the skin with some protection due to the addition of humectants and vitamin E. We chose this kind of business because we felt we needed to begin something to earn some money to support support the family and my child's education. The products come with affordable price and are quality. The revenue for now is about GHS 6,000. I wish to reinvest my profit and also use most part to take care of the house.
Loan Proposal
Thank you for my first loan. I have been able to acquire a room for production of my products so when I am given this second loan, I would like to buy equipment to equip the room. I will buy big plastic vessels in which I will store the drinks and detergent before it is package. For now, I use a small plastic container. I will also like to buy measuring cup, plastic spoons, office table, scale, more bottles, thermometer, refractometer for checking sugar levels, stirrer and many other items. I want to use a space within the room as my office so I will also buy office table and chair. These will help me expand my company and later produce other products like yoghurt, Vaseline and shower gel. These will cost about $250 so I will use some of the money I have earned to support. Thank you.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$155.00
Date disbursed
Dec 22, 2015
Repayment status
On Time
Projected term
16 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
Taiwan
United States
United States
Summary
Amount repaid
$151.25
Amount remaining
$0.00
Date repaid
Aug 24, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 3, 2016 | $2.50 | Jan 21, 2016 | $2.50 |
| Jan 10, 2016 | $2.50 | Jan 21, 2016 | $2.50 |
| Jan 17, 2016 | $2.50 | Jan 21, 2016 | $2.50 |
| Jan 24, 2016 | $2.50 | Jan 21, 2016 | $2.50 |
| Jan 31, 2016 | $2.50 | Jan 21, 2016 | $2.25 |
| Feb 9, 2016 | $0.25 | ||
| Feb 7, 2016 | $2.50 | Feb 9, 2016 | $2.50 |
| Feb 14, 2016 | $2.50 | Feb 9, 2016 | $2.50 |
| Feb 21, 2016 | $2.50 | Feb 9, 2016 | $2.50 |
| Feb 28, 2016 | $1.25 | Mar 5, 2016 | $1.25 |
| Mar 6, 2016 | $1.25 | Mar 5, 2016 | $1.25 |
| Mar 13, 2016 | $1.25 | Mar 5, 2016 | $1.25 |
| Mar 20, 2016 | $1.25 | Mar 5, 2016 | $1.25 |
| Mar 27, 2016 | $1.25 | Mar 29, 2016 | $1.25 |
| Apr 3, 2016 | $1.25 | Mar 29, 2016 | $1.25 |
| Apr 10, 2016 | $1.25 | Mar 29, 2016 | $1.25 |
| Apr 17, 2016 | $1.25 | Mar 29, 2016 | $1.25 |
| Apr 24, 2016 | $24.75 | Apr 30, 2016 | $24.75 |
| May 1, 2016 | $0.00 | ||
| May 8, 2016 | $2.50 | Jun 3, 2016 | $2.50 |
| May 15, 2016 | $2.50 | Jun 3, 2016 | $2.50 |
| May 22, 2016 | $2.50 | Jun 3, 2016 | $2.25 |
| Jun 6, 2016 | $0.25 | ||
| May 29, 2016 | $2.50 | Jun 6, 2016 | $2.50 |
| Jun 5, 2016 | $2.50 | Jun 6, 2016 | $2.25 |
| Jun 25, 2016 | $0.25 | ||
| Jun 12, 2016 | $2.50 | Jun 25, 2016 | $2.50 |
| Jun 19, 2016 | $2.50 | Jun 25, 2016 | $2.50 |
| Jun 26, 2016 | $2.50 | Jun 25, 2016 | $2.50 |
| Jul 3, 2016 | $2.50 | Jul 4, 2016 | $2.50 |
| Jul 10, 2016 | $2.50 | Jul 4, 2016 | $2.50 |
| Jul 17, 2016 | $2.50 | Jul 4, 2016 | $2.50 |
| Jul 24, 2016 | $2.50 | Jul 12, 2016 | $2.50 |
| Jul 31, 2016 | $2.50 | Jul 12, 2016 | $2.50 |
| Aug 7, 2016 | $2.50 | Jul 12, 2016 | $2.50 |
| Aug 14, 2016 | $2.50 | Jul 12, 2016 | $2.50 |
| Aug 21, 2016 | $2.50 | Jul 12, 2016 | $2.50 |
| Aug 28, 2016 | $2.50 | Jul 12, 2016 | $2.50 |
| Sep 4, 2016 | $2.50 | Jul 12, 2016 | $2.50 |
| Sep 11, 2016 | $2.50 | Jul 12, 2016 | $1.50 |
| Jul 16, 2016 | $1.00 | ||
| Sep 18, 2016 | $2.50 | Jul 16, 2016 | $2.50 |
| Sep 25, 2016 | $2.50 | Jul 16, 2016 | $1.50 |
| Jul 23, 2016 | $1.00 | ||
| Oct 2, 2016 | $2.50 | Jul 23, 2016 | $2.50 |
| Oct 9, 2016 | $2.50 | Jul 23, 2016 | $2.50 |
| Oct 16, 2016 | $2.50 | Jul 23, 2016 | $2.50 |
| Oct 23, 2016 | $2.50 | Jul 23, 2016 | $1.50 |
| Aug 8, 2016 | $1.00 | ||
| Oct 30, 2016 | $2.50 | Aug 8, 2016 | $2.50 |
| Nov 6, 2016 | $2.50 | Aug 8, 2016 | $2.50 |
| Nov 13, 2016 | $2.50 | Aug 8, 2016 | $2.50 |
| Nov 20, 2016 | $2.50 | Aug 8, 2016 | $1.50 |
| Aug 10, 2016 | $1.00 | ||
| Nov 27, 2016 | $2.50 | Aug 10, 2016 | $2.50 |
| Dec 4, 2016 | $2.50 | Aug 10, 2016 | $2.50 |
| Dec 11, 2016 | $2.50 | Aug 10, 2016 | $2.50 |
| Dec 18, 2016 | $2.50 | Aug 10, 2016 | $1.50 |
| Aug 13, 2016 | $1.00 | ||
| Dec 25, 2016 | $2.50 | Aug 13, 2016 | $2.50 |
| Jan 1, 2017 | $2.50 | Aug 13, 2016 | $1.50 |
| Aug 16, 2016 | $1.00 | ||
| Jan 8, 2017 | $1.50 | Aug 16, 2016 | $1.50 |
| Jan 15, 2017 | $0.50 | Aug 23, 2016 | $0.50 |
| Jan 22, 2017 | $0.50 | Aug 23, 2016 | $0.50 |
| Jan 29, 2017 | $0.50 | Aug 23, 2016 | $0.50 |
| Feb 5, 2017 | $0.50 | Aug 23, 2016 | $0.50 |
| Feb 12, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Feb 19, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Feb 26, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Mar 5, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Mar 12, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Mar 19, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Mar 26, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Apr 2, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Apr 9, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Apr 16, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
| Apr 23, 2017 | $0.50 | Aug 24, 2016 | $0.50 |
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