Mobile-money business expansion
Ezekiel Amisoh
Nyinahin, Ashanti Region, Ghana
100% repaid
Entrepreneur
Name
Ezekiel Amisoh
Member since
May 2020
On-time repayments
71 installments • 100%
About Me
My name is Amisoh Ezekiel, I am 25 years , lives in Nyinahin in the Ashanti Region at the Atwima Mponua District . I live with my parents, Father name is Alanga Abraham and mother name is Alanga Cecilia. My father is a Farmer and my mother is a petty trader. I went to Saint Charles Minor Seminary and I am currently at University of Education ,Kumasi campus , level 300 offering Accounting Education. I run a mobile money merchant business selling of soft drinks. I have been in business for the past five years and my business keeps on growing daily. My main motive behind my business is to contribute my quota in helping alleviate poverty throughout the profit I get annually, I have been through a lot before ,where I could barely feed and I know how it feels. My business have been growing at a faster rate especially at this coronavirus period.
Due to inadequate fund I am not able to operate to my full capacity, when I am helped to expand my business it will help me to be able to serve all my customers and also help me fulfil my dream by helping the poor and the needy. With the help of Zidisha borrowers and lenders this platform we can all help alleviate poverty with the little I get from my business.
My Business
I have mobile money and soft drinks shops that I employ members to work for me. My business has been great through the help of Zidisha, it's lenders and borrowers. My aim is to expand the business to all the deprived communities and to enable them send and receive money easily without traveling to the cities . With the help of Zidisha, when given this loan my business will be able to reach millions of people and yield greater returns. Not only will I make significant profit but also change lives of millions living in the deprived communities through my " HELP THE NEEDY PROGRAM " I embark every year with the little profit I make throughout my business operation
Loan Proposal
My capital is not able to meet the demand of my customers , with the help of a loan from zidisha I will use the money to add to my already existing capital to help me get enough capital to be able to meet all the demand of my customers. With more capital into the business means more return at the end, this is because I always get new customers with higher demand .
Income Source
I operate as a mobile money merchant at my town and at this corona virus period many business women fear to travel because they fear they might be infected with the virus . They all resort to me as their agent to send cash to their suppliers . This always makes the demand for my service very high hence corona virus outbreak has brought more revenue to me and won't affect me but rather increase it
My Videos
Jun 18, 2021: My success story
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,093.62
Date disbursed
Aug 31, 2020
Repayment status
On Time
Projected term
3 months
Cost to entrepreneur
Service fee: $74.57
Credit risk payment:
$111.80
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Babbitt Family Foundation Nov 30, 2020
Babbitt Family Foundation Aug 30, 2020
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