Service business: mobile money

Christian

Ilorin, Nigeria

100% repaid

Entrepreneur

Name

Christian

Member since

August 2020

On-time repayments

10 installments  •  60%

About Me

I was poor until I started the mobile money business. I have been into mobile money business for a while and I discovered that it’s a good business to be in. Many who think going to the bank is a waste of time find it worthy to patronise us and our business.

My Business

As stated earlier, I do mobile money business and it’s a good business to start with. I make as much as gain as 7000 NGN on a daily basis, so I intend to spread my tentacles to other places

Loan Proposal

I will use it to augment my capital to boost my business. I have started the business about done months ago, and I discovered that I will be needing more equipment to be able to spread my tentacles to other areas. I hope this to get more machines and equipments with this loan.

Income Source

My business is mobile money business and the development is on daily profit, so i’d pay without any delay. However, I must acknowledge that network downtime is an inevitable problem in this business, but that happens once in a while and as such reduce the risk of repayment. Many people live in the hinterlands, and as such, are unable to locate a bank, which is what and why it’s inevitable to get a much better alternative, which we are providing for them.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Aug 26, 2020

Repayment status

On Time

Projected term

1 week

Lenders

Kjartan

Oslo, Norway

M

mrmrsw

Bournemouth, United Kingdom

M

mkellerman

Shanghai, China

Insomnus

Cheltenham, United Kingdom

Leonardia

Waddinxveen, Netherlands

W

Wade

United States

PT

Paul T

Amsterdam, Netherlands

Paul Smithson

Leeds, United Kingdom

Diane U

Olympia, Wa, Usa, United States

JF

J Fister

United States

LM

Lee Montecucco

Washington State, United States

SN

Sam Noyce

United States

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