Capital for my business

Iddrisu N

Tamale, Ghana

100% repaid

Entrepreneur

Name

Iddrisu N

Member since

July 2017

On-time repayments

121 installments  •  82%

About Me

My name is Iddrisu N. Soale. I was born on the 21st August, 1988 in Kushibo, northern Ghana.I am the second son of my late father and I have three other brothers. I am married with one daughter. Academically, I hold Diploma in Accountancy from the Tamale Technical University, Tamale.
Having been brought up in a poor family and a locality where formal education was not accepted by all, I was having the ambition of becoming a role model for the generation yet unborn.

My Business

Mobile money banking is a common business in Ghana. Both young and old people use mobile phones hence the need to create or to use it for their banking activities. I sell mobile phone credit/units for people. I have been able to establish a shop through the selling of the credit/units. I now want to include mobile banking in my shop so that people will not only be buying credit/units but also banking with me. I want to add other networks mobile banking like Vodafone and airtel.i started with only MTN.Since its establishment my life has change positively. I am able to provide the basic needs for my family.

Loan Proposal

Dear lenders ,i need additional capital for my business ,i have been facing financial difficulties in my business.
For instance some times someone may need a particular amount to withdraw and i may not have up to that amount so he have to go elsewhere for that business transaction and all this are because i don't have enough capital. The amount i need is $300 to add to my business .
If am able to get this extra capital it will help to increase my profit margin from 20% to 40% daily .The loan is going to add capital to my business. Mobile mobile business is like banking services, the more people send the more others brings back money. This loan will really help me if funded.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$291.00

Date disbursed

Apr 23, 2018

Repayment status

On Time

Projected term

28 months

Lenders

D

Don100

Wilton, United States

Jamal Hamou

Cascadia, Canada

W

Wade

United States

MR

Michiel Rauws

San Francisco, Netherlands

Thomas

Sweden, Sweden

RC

Rudi Chen

United States

JA

Jan Andresen

Hamburg, Germany

A

Anonymous

United States

L

Liam

New Zealand

Paul Buchheit

Mountain View, United States

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