Business expansion: mobile money merchant

Ezekiel Amisoh

Nyinahin, Ashanti Region, Ghana

100% repaid

Entrepreneur

Name

Ezekiel Amisoh

Location

On-time repayments

54 weekly installments  •  100%

About Me

My name is Amisoh Ezekiel, I am 23 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 100 offering Accounting Education. I run a mobile money merchant business and have been in business for the past three years and my business keeps on growing daily. My main motive behind my business is to help the poor and needy, I have been through it before where we could barely feed and I know how it feels. For the past years with the little I get I always try to use part of my profit after tax to help the needy. I know i don't have the strength to do this alone but with the help of the good people of zidisha I know we can do this together. My business has been growing at a faster rate especially at this coronavirus period. Sometimes I have to close in the afternoon due to lack of fund to serve the available customers. I believe with expansion of my business I can meet the demand of my customers and also help me fulfil my dream by helping the poor and the needy. I believe with the help of lenders on this platform we can all help alleviate poverty with the little I get from my business through the help of noble lenders here.

My Business

I have mobile money shops that I employ members to work for me. My business has been great through the help of Zidisha and it's lenders . 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

I run a mobile money merchant business and through this Covid-19 period my business has been of high demand. People fear to travel to buy goods but prefer to stay at home and order in large quantity . To do so they need electronic cash to send to their supplies to pay for the life goods. My business deals with electronic money transaction, they send the money through my service and they paid a fee for that. The increasing demand for my service has brought about the need to expand my business on a larger scale to meet all my customers . The loan collected from Zidisha will pumped fully into my business. Because of the increasing demand profit is always high and repayment won't be a problem

Income Source

Coronavirus will not affect my business but it will rather call for my service. This is because I deal in electronic money and many traders in my place now fear to travel to buy goods in bulk . They prefer to sit at the home and other them and then pay their suppliers in the form of mobile money . With so doing they will need a mobile money agent and this is where they need me the most to help facilitate transaction. As you know they always transact with huge amount and with my little capital will be a problem to serve them all. I think getting this loan will help me to expand my business and to make huge profit

My Videos

Jun 18, 2021: My success story

Feedback

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  • Babbitt Family Foundation    Nov 30, 2020

    We are proud to continue to support Ezekiel as he improves his business and his life. He is a good man!

    Log in to reply • Share
  • Babbitt Family Foundation    Aug 30, 2020

    Ezekiel is a hard worker and always repays his loans. He continues to build his business and has a bright future ahead of him. He's a good man making a better life for himself and the ones he loves.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,534.62

Date disbursed

Dec 8, 2020

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: 10% of $1,534.62 = $146.65

Credit risk payment: $219.90

Lenders

M

marycb

United States

joerg

Berlin, Germany

G

GalantnostS

Hong Kong, Hong Kong

investor

Candiac, Canada

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

DeanDropshot

Oslo, Norway

P

ploeger

Perkasie, United States

ErikN

Stockholm, Sweden

Raoul72

Naarden, Netherlands

G

gt2016c

Birchgrove, Australia

Martin

Manama, Bahrain

C

cjmenchaca

Austin, United States

BJ

Brandon Joz

North Carolina, United States

Y

Yasha

Beer Sheva, Israel

T

thejacobnorton

Jubail, Saudi Arabia

jmsquared

Seattle, United States

HE

help each other

Glasgow, United Kingdom

G

graememoss

Amsterdam, Netherlands

Sundstroms

Falun, Sweden

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

C

cravioli

geneva, Switzerland

Jouni

Finland

braccino

Settimo Milanese MI, Italy

ads68

Melbourne, Australia

yorick

Springfield, United States

Ingela

Falun, Sweden

nakamura

United States

8

8chrono8

London, United Kingdom

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

J

Joannie333

Milwaukee, United States

Stefano Bertolo

Luxembourg, Luxembourg

A

AndrewC

London, United Kingdom

FriendinOregon

Hillsboro, Oregon, United States

P

phoebius

Cambridge, United Kingdom

soniad

Dubai, United Arab Emirates

ibc123

Seattle, United States

somuchjackson

Boston, United States

D

dcheung

San Francisco, United States

lizandsteve

guelph, Canada

M

MarianneM

Munich, Germany

Freewolf

Salt Lake City, United States

A

akshu71

Ottawa, Canada

sderickson

Berkeley, CA, United States

G

GoughGirl

Washington, Dc, United States

pvilliger

Zurich, Switzerland

R

roozbeh

United States

R

richardavsmith

United Kingdom

J

jeffreywlai

United States

M

Marko

Helsinki, Finland

N

NOWfund

Tokyo, Japan

M

Mj11991

Cleveland, United States

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

Lisbeth

Perth, Australia

Vesa

Helsinki, Finland

I

idris

United States

Suman

Gold Coast, Australia

C

cactusgirl

London, United Kingdom

TheGoodData

London, United Kingdom

Vitus

Czech Republic

PolarBearCapital

United States

M

mbarbier

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

A

Aaron

United States

S

Sven

Netherlands

Tanya

Nelson, New Zealand

Dave Bogard

New York, United States

R

Robert

Berlin, Germany

MW

Matt Willis

United States

W

Wade

United States

Craig

Memphis, TN, United States

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

C

cota

United States

ME

Manaal Eisa

Washington DC, United States

CNV

United States

TH

tom hd

United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

Carla

Amsterdam, Netherlands

F

Frits

Rotterdam, Netherlands

Aran Dunlop

United States

B

Bramlage

United States

Rory McLaughlin

Dallas, United States

Gabriel Fenili

Santo André, Brazil

Anonymous

Ocoee, United States

I

isaac

United Kingdom

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

SA

Steve A

Newbury, United Kingdom

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

MC

Mark Cowburn

United States

L

Lucy

Australia

Craig Travis Provyn

Bradenton, Florida, United States

M

Marama

Australia

WS

Warren Shen

United States

JV

Jose Vidal

New York, United States

Day Family

Melbourne, Australia

VC

Victor Chong

United States

R

Ryan

Albuquerque, NM, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

hervey liu

United States

NH

Nancy Hull

United States

Dean Suminski

Portland, Oregon, United States

JF

J Fister

United States

M

Mary

United States

E

Eric

Canada

Jane

Ontario, Canada

S

Sarah

Arlington, United States

RF

Ruth FT

Manchester, United Kingdom

BN

Brian Neilon

United States

Nethanel Kohen

NYC, United States

B

Bartl

United States

CN

Craig Newmark

United States

A

Anonymous

United States

BA

Burf and Patsy

St. John's, Canada

HB

Hugo Boss

United Kingdom

A

Anne

United Kingdom

Ronald

Dättwil, Switzerland

Darren Jeppson

Denver, Colorado, United States

RD

Roel De Meester

Antwerpen, Belgium

AM

Andy Marston

United Kingdom

L

Linda

Netherlands

petter

Finland

James Douglass

Sydney, Australia

Nick Studenski

Minneapolis, United States

Remo

Switzerland

Ryan Agnew

Australia

K

kc

United States

BR

Brian Rickman

United States

We Not Me

St. Paul, Minnesota, United States

VD

Vince Darley

United Kingdom

GA

Gal Ashuach

רעננה, Israel

L

Lisa

United States

Girolamo Marroccoli

Basel, Switzerland

LT

Lisa Taylor

California, United States

EA

Eric Ayers

Atlanta, United States

A

Anonymous

United States

Peter Collins

Darmstadt, Germany

CJ

Carrie Jean

United States

C

Camm

Australia

alexalexalex

Berlin, Germany

BH

Brad Holaway

Scottsdale, United States

DL

Daniel levy

United States

Andrew

United States

JV

Javier Vicente

Sarriguren, Spain

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

Daniel Carvalho

Lusaka, Zambia

Jacey Hilbers

Waco, TX, United States

GF

Gammon Family

United States

VV

Vicky Vics

United Kingdom

M

MaggieK

United States

Tom Purser

Cambridge, United Kingdom

KV

Kelly Vinsant

United States

C

Cianna

United States

Kevin Kong

San Francisco, CA, United States

AG

Augusto Gesualdi

Berlin, Germany

JB

Juan Busco

United States

CL

Caleb Liu

United States

E

Eduardo

Paraguay

D

Dan

Australia

M

Melissa

United States

V

Vic

Finland

MC

Mike Cormack

Vancouver, Canada

E

emily

Australia

MN

Mike Newhof

Grand Rapids, MI, United States

B

Byron

Australia

AB

Andrew Bake

United States

L

Leigh

Australia

AB

Alexander Bendzko

Ingolstadt, Germany

J

James

United Kingdom

C

Cole

United States

Babbitt Family Foundation

Sioux Falls, SD, United States

JI

James Innes

United Kingdom

E

Ed

Colombia

K

Kieran

United Kingdom

AZ

Andre Zita

United States

CG

Chris Greene

Birmingham, AL, United States

JN

Jonathan Ng

United States

C

Christopher

United Kingdom

RL

Robert L

United Kingdom

Brian Herrmann

Chicago, United States

R

Richard

United Kingdom

T

Timo

Germany

W

Wim

Deventer, Netherlands

B

Bharat

Princeton, United States

G

Greenwood

United Kingdom

FT

Ford tom

United States

A

alex

United Kingdom

M

Mary

United States

finn

munich, Germany

S

Stella

Switzerland

R

Roseanne

United States

J

Judy

United States

Ask Ezekiel a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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