Beauty salon

Owusu Berchie

Hwidiem, Ghana

33% repaid

Entrepreneur

Name

Owusu Berchie

Location

Hwidiem, Ghana

On-time repayments

83 weekly installments  •  88%

About Me

I am Owusu Berchie, holder of Bsc Management degree and HND Marketing from the University Cape Coast and Sunyani Polytechnic respectively. I am also a staff of National Health Insurance Authority - Asutifi Office. As a child, my Dad who was an Agriculturist and the only breadwinner of a family of eight, wanted to see me go higher on the education ladder but unfortunately he passed-on few months into my final senior high school exams. I wrote my final exams whilst the remains of my father was still in the morgue. I knew education was my only way out and thankfully, in the midst of all the difficulties, I made it to the Polytechnic and subsequently to the University. I started my MTN mobile money transaction when a friend of mine educated me on business and its potential growth. I have a three year old daughter called Fiona and my dream is to see her become one the best layers of her generation. I have set a monthly contribution for her education fund towards her higher education. The fund can only be assess by her when she attains eighteen years. Football is my passion and the beautiful game takes greater part of my pastime. Watching Game Of Thrones is also one of favorite leisure hours and ardent fun of Manchester United.

My Business

My business, the MTN mobile money services is a mainly transfer or receipt of fund through mobile phone. The operation is done offline and you only need a registered chip from the network provider (MTN) and cash deposit to start the business. The more funds you have in your mobile money wallet or phone, the more you are able to do more transactions and the greater your profit margins. Profits or gains are generated by the number of transaction you do per month. The service is currently booming in my country as seven in ten adults currently send and/or receive money through the service which is also helped by the large mobile penetration in my country. The growth potential is also enormous as additional services such purchase of government treasury bills and mobile savings breaking new frontiers. I plan to do my Masters (second degree) once my business is well established and new branches opened.

Loan Proposal

A very good afternoon to all Team Zidisha members whose contributions and generous funding of my loans on this platform continuous to make such a great impact in my life.
I am here again asking for your support in funding my new loan request. I intend to use the loan to refurbish my salon by replacing all the wooden doors and windows into glass windows and doors. This will help in making the room cool when the air conditioner is on and make the place comfortable for my clients who visit to have their hair done. Making the place comfortable and beautiful with the glass refurbishment, will certainly attracts more people to my salon and hopefully, increase my revenue from the business.
I trust, you will help me by funding this loan and my repayment record here can assure you that I will be honest with your money and make all payments when due.
Thank you for your support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$358.81

Date disbursed

Feb 9, 2019

Repayment status

Late

Projected term

6 months

Cost to entrepreneur

Service fee: $13.53

Credit risk payment: $54.44

Lenders

Pere

Barcelona, Spain

MindMuse

Talking Rock, United States

Sundstroms

Falun, Sweden

ElWal

Kirn, Germany

KM

British Columbia, Canada, Canada

D

darkpella

Correggio, Italy

IM

Isak Maaseide

Tromso, Norway, Norway

G

GoughGirl

Washington, Dc, United States

K

Kudrnova

Czech Republic

M

Marko

Helsinki, Finland

Landerson

Edinburgh, United Kingdom

N

Nicole

Pittsburgh, United States

KieranB

Ireland

M

mbarbier

United States

Karijn

Amsterdam, Netherlands

Craig

Memphis, TN, United States

Kevin

San Francisco, United States

Mary

Germany

Diane U

Olympia, Wa, Usa, United States

M

Margaret

United States

JF

J Fister

United States

A

Alex

United States

Sebastian

Andwil TG, Switzerland

L

Linda

Netherlands

JO

Jeff OHaleck

Seattle, United States

Curtis Tokarchuk

Toronto, Canada, Canada

J

JB

Germany

ER

Ellen Ray

United States

MK

Maya Karri

United States

JM

Joseph Moore

United States

MH

Matt Hodges

United Kingdom

CH

Christian Holck

United Kingdom

TD

Tim Duthie

United Kingdom

Remo

Switzerland

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

Canada

BR

Brian Rickman

United States

I

Ivan

New York, United States

HW

Harry Wegert

United States

We Not Me

St. Paul, Minnesota, United States

Ryan

Germany

Mustafa Kapsigay

Nusaybin, Turkey

KM

Karen Marshall

Alice Springs, Australia

D

Dave

Canada

F

Fox

United States

J

John

United States

Francesca

Scotch Plains - New Jersey, United States

Anke Baltussen

Utrecht, Netherlands

CL

Chris Lee

United States

James Liao

San Francisco, United States

EA

Eric Ayers

Atlanta, United States

Adrian

Liverpool, United Kingdom

J

Jim

Canada

A

Anonymous

United States

SW

SL Wilson

United States

KA

Kate and Tom

United States

M

Mika

Switzerland

Dustin Lape

Lynchburg, United States

CE

Christopher Engleright

Stafford, United States

B

Ben

Germany

KM

KNI ma

United States

Michael Knight

Sydney, Australia

B

Bram

Germany

Nathan

Columbus, United States

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