Adomako credits

Adomako

Suma, Ghana

100% repaid

Entrepreneur

Name

Adomako

Member since

November 2017

On-time repayments

22 installments  •  73%

About Me

I started school at suma junior high school.and proceed to suma senior high.as a result of financial difficulties I was not able to continue to training college .so I started selling credit cards.and in fact the purchase is very high because of where it is been situated.there is not a single day that I will get my every day amount.it increases every day.it has also increase my standard of living.

My Business

the turn over is very high because of the daily purchased.because I sell all kinds of credit network.I also offers a service of mobile money too as a result of people feel reluctant to go to bank for transaction and avoid of inconvenience now both young and adults are into it. The start of cashew season in my district , jaman north of brong ahafo of Ghana brings a lot of non resident workers who normally use mobile money services a alot. I will use this loan to expand my working capital so that my profit margins will increase.it will also increase my capital too.so that I can expand the business because the more the credit card the higher the income

Loan Proposal

I will used the loan to buy more credit to add up .now if it is been sold in bulk the percentage is more comparative to small .I will also used part of the money to paint the store and repair part of the roofing sheet.

Feedback

None

None

1

  • Margaret    Dec 22, 2018

    There has been no effort to repay this loan or to explain why no payments were made.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$65.00

Date disbursed

Nov 29, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

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