Loan for mobile money business

Esther Gyamfi

Kumasi, Ghana

Funds disbursed

$0 to go

100% funded of $175 goal

0

days left

Entrepreneur

Name

Esther Gyamfi

Location

Kumasi, Ghana

On-time repayments

29 weekly installments  •  48%

About Me

Esther Gyamfi is my name and I live with my mum as my father neglected us when we were young. Growing up was a little kind of tough even though life is full of obstacles but I managed to complete SHS. I'm now working hard to get money to further my education as my mum is old and cant work hard enough to cater for me and my little brothers. My mum weakness has made her to be staying in house and therefor i have to take care of provision store to enable the family survive. I am yet to marry and give birth. I used to play volley ball back at SHS.

My Business

I run a provision shop with all kinds of products like milk, sugar, milo, sardines, soft drinks and others. Within my area since all occupants cannot go to the market to buy all these kinds of items they solely depend on my store and services. I choose to invest in these kind of products because people depend on these foodstuffs on daily basis and it generate a lot of income. I use the profit i get from the sales of these products to cater for the family and save some for I want to go back to university someday and finish school.

Loan Proposal

I have got a container which is being sold at a good price. Taking this loan would help me buy the container. The container costs Ghc 700. After buying it I would start my mobile money services business.

Income Source

I would be paying the loan from the profit I make from the money money services. I would make sure I also pay on time to prevent defaults in payment.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$175.03

Date disbursed

Apr 2, 2021

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $7.71

Credit risk payment: $15.42

Optional expediting fee: $15.42

Lenders

DeanDropshot

Oslo, Norway

Cloudways

Malta, Malta

C

Clben7

Cincinnati, United States

C

ColoradoSkier

Denver, United States

P

Peter

Germany

Paul Buchheit

Mountain View, United States

Isabelle Diwoky

Graz, Austria

E

Ed

Colombia

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Summary

Amount repaid

$0.00

Amount remaining

$175.03

Expected completion

Jun 5, 2021

Status

Repaying late

Installment amount

$8.88

Repayment History

Expected Payments Actual Payments
Apr 10, 2021 $8.88
Apr 17, 2021 $8.88
Apr 24, 2021 $8.88
May 1, 2021 $6.75
May 8, 2021 $6.75
May 15, 2021 $6.75
May 22, 2021 $6.75
May 29, 2021 $6.75
Jun 5, 2021 $114.61

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