Solomon
Sunyani, Ghana
100% repaid
Name
Solomon
Member since
September 2017
On-time repayments
16 installments • 100%
after school. it wasn't easy to get employment, moving from one office to the other was the order of the day.but then, I realized that I can do something that will of benefit to me and the family and immediate environment in which I live. so i decided to do something on my own. the stipend i saved during my national service was used to start this business.
where i live people have to walk some distance before getting themselves an airtime.
i would like have a good family therefore the need to work hard.
i love to swim during leisure.
I sell recharge cards, EVD(airtime) and a mobile money merchant.
these goods are useful in demand because people buy airtime and do redraws.
i choose this kind of business based on my location and thinking what people need most but in supply.
the cost involved in this business is buying of the recharge cards and revenue is generated after selling these cards to my clients.
i always try to reinvest the profit so that i can grow the business.
i will try and invest this money into my business by buying electronic voucher for distribution ( EVD) and other recharge cards for my business.
electronic voucher for mobile telecommunication network (MTN) = $50
recharge cards for mobile telecommunication network (MTN) = $ 40
recharge cards for vodafone =$ 10
and other networkts =$ 15
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$124.00
Date disbursed
Nov 20, 2017
Repayment status
On Time
Projected term
6 weeks
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