Buying mobile phone

Mohammed Ghadafi Adam

Pemenase, Ghana

100% repaid



Mohammed Ghadafi Adam


Pemenase, Ghana

On-time repayments

21 weekly installments  •  38%

About Me

Mohammed Ghadafi Adam is such a loving young man who accommodate s everyone he meets. I am single and have completed secondary school. I live a lone since I came from northern region to Kumasi to trade for money to support myself and my younger siblings. My dad died at an early stage and was I was raised by a single mom who devoted all her time to cater for us. I am really working hard to support my family too so one day we can b happy together . I love football and used to play football.

My Business

I run a mobile money services. This business deals with the selling of scratch cards, prepaid credits, Airtel, Tigo, Mtn mobile money an registration of Sim cards. This business is daily sale activity of which customers purchase scratch cards and withdraw mobile money from my end. I make profits through this means and save some for reinvestment and other family expenses.

Loan Proposal

I am applying for this loan to buy Samsung keypad mobile phone to use for transferring credit and mobile money. I only use one phone for all this services and this puts pressure on the only particular phone used. The battery normally runs down early and needs to be recharge which distracts the flow of services I offer to my clients. I would buy a new phone which would assist and release pressure and also help me work well.

Income Source

I would be paying the loan from the profit I gain from the sales of Sim cards and credit cards that I sell to my clients on daily basis.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Apr 8, 2021

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Service fee: $2.64

Credit risk payment: $5.28

Optional expediting fee: $5.28




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