Mobile-money transfers: business expansion

Evans

Kasoaaccra, Ghana

10% repaid

Entrepreneur

Name

Evans

Member since

December 2014

On-time repayments

319 installments  •  37%

About Me

Evans Kojo Forson is my name. l am 39 years old. l am from Kumasi. I am living in Accra. l have children. My oldest one attends university. The second is in high school and the last is in primary school. l have completed high school and had my certificate. l trained as a driver. My wife also has a business of selling cold drinks and food. l sell old and new cloth. l set up this business when l did not get a car to drive as a taxi driver. My older daughter wants to be a computer engineer, the second one said she will become nurse and the last born wants to be a businessman. My hobbies are reading books, traveling and watching football.

My Business

l used to work as a taxi driver. Later, it became very hard for me to get a car to drive. Showing my entrepreneurial side, l now work for myself running a convenience shop. l sell used cloth and new cloth at Kantamanto, Accra. I have been doing this business for the past 8 years. l also have public payphones and sell airtime (phone credit), providing a useful service to many other local business owners. l have now added a mobile money business. The name of my business is called Save Save Ventures Mobile Money Agent. This business needs more money and the demand is very high in my community.

ln order to be able to serve more people in my community, l ask lenders to help me with a loan to expand and employ more youths, especially young women. l earn an income of around GHS 800 ($200) a month and, when business is good, l earn more. l use my profits to take care of my wife, reinvest into my business, and pay for my child's university education. l will repay my loan from my earnings.

Loan Proposal

l will add this loan to my mobile money bussiness capital. The loan will provide better service to my customers. Also,l want to set up another booth or Kiosk and hire another young woman.With this, l will create a employment for young women in my community and having enough profit .Also helping those who travel long distance to access financial services. Mobile Money business is a good venture in Africa and l will repay the loan from my earnings. Zidisha microfinance and lenders, thank you in advanced for supporting my projects.

Show original English  

About Me

Evans Kojo Forson is my name..l am 39 years old.l am from Kumasi. I living in Accra.l have children .older one attend university.the second is in high school. and the last in primary.l have completed high school and had my certificate. l trained as a driver.My wife also has business of selling cold drinks and food. l sell old and new cloth.l set up this business when l did not get car to drive as a taxi driver.my older daughter wanted to be a computer engineer ,the second one said she will become nurse and the last born wanted to be businessman.
My hobbies are reading books,traveling and watching football.

My Business

about my business. l used to work as a taxi driver,later ,it became very hard for my to get car to drive . but showing my entrepreneurial side l now work for myself running a convenience shop.l sells used cloth and new cloth at Kantamanto,Accra.l have been doing this business for the past 8years .l also has public payphones and sells airtime (phone credit), providing a useful service to many other local business owners. l have now added mobile money business .the name of my business is called Save Save ventures mobile money agent.This business needs more money and the demand is very high in my community.
ln order to be able to serve more people in my community, l ask lenders to help me with a loan to expand and employ more youth especially young women..l earn an income of around GHS 800 ($200) a month and when business is good l earn more.l used my profit to take care of my wife ,reinvest into my business. pay for my child university.l will repay my loan from my earnings.

Loan Proposal

l will add this loan to my mobile money bussiness capital. The loan will provide better service to my customers. Also,l want to set up another booth or Kiosk and hire another young woman.With this, l will create a employment for young women in my community and having enough profit .Also helping those who travel long distance to access financial services. Mobile Money business is a good venture in Africa and l will repay the loan from my earnings. Zidisha microfinance and lenders, thank you in advanced for supporting my projects.

Feedback

3

None

None

  • Will    Oct 12, 2017

    Very good repayment record, and loan was completely paid off early. Would loan again.

    Log in to reply • Share
  • Philipp    May 10, 2017

    Repayment on time or early, it's been a pleasure lending to you!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$553.00

Date disbursed

Nov 13, 2017

Repayment status

Late

Projected term

43 months

Lenders

Mike and Jacqui

United Kingdom

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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

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Summary

Amount repaid

$56.51

Amount remaining

$496.77

Expected completion

Jun 26, 2021

Status

Repaying late

Installment amount

$21.40

Repayment History

Expected Payments Actual Payments
Nov 25, 2017 $2.33 Nov 26, 2017 $2.33
Dec 2, 2017 $1.16 Dec 2, 2017 $1.16
Dec 9, 2017 $1.16 Dec 2, 2017 $1.16
Dec 16, 2017 $1.16 Dec 2, 2017 $1.16
Dec 23, 2017 $1.16 Dec 2, 2017 $1.16
Dec 30, 2017 $1.16 Jan 8, 2018 $1.16
Jan 6, 2018 $1.16 Jan 8, 2018 $1.16
Jan 13, 2018 $1.16 Jan 8, 2018 $1.16
Jan 20, 2018 $1.16 Jan 8, 2018 $1.16
Jan 27, 2018 $1.16 Feb 4, 2018 $1.16
Feb 3, 2018 $1.16 Feb 4, 2018 $1.16
Feb 10, 2018 $1.16 Feb 25, 2018 $1.16
Feb 17, 2018 $1.16 Feb 25, 2018 $1.16
Feb 24, 2018 $1.16 Mar 31, 2018 $1.16
Mar 3, 2018 $1.16 Mar 31, 2018 $1.16
Mar 10, 2018 $1.16 Mar 31, 2018 $1.16
Mar 17, 2018 $1.16 Mar 31, 2018 $1.16
Mar 24, 2018 $1.16 Mar 31, 2018 $1.16
Mar 31, 2018 $1.16 Mar 31, 2018 $1.16
Apr 7, 2018 $1.16 Mar 31, 2018 $0.47
Apr 15, 2018 $0.70
Apr 14, 2018 $1.16 Apr 15, 2018 $1.16
Apr 21, 2018 $1.16 Apr 15, 2018 $1.16
Apr 28, 2018 $1.16 Apr 15, 2018 $1.16
May 5, 2018 $1.16 Apr 15, 2018 $0.47
Jun 16, 2018 $0.70
May 12, 2018 $1.16 Jun 16, 2018 $1.16
May 19, 2018 $1.16 Jun 16, 2018 $1.16
May 26, 2018 $1.16 Jun 16, 2018 $1.16
Jun 2, 2018 $0.47 Jun 16, 2018 $0.47
Jun 9, 2018 $0.00
Jun 16, 2018 $0.00
Jun 23, 2018 $0.00
Jun 30, 2018 $0.00
Jul 7, 2018 $0.00
Jul 14, 2018 $0.00
Jul 21, 2018 $0.00
Jul 28, 2018 $0.00
Aug 4, 2018 $0.00
Aug 11, 2018 $0.00
Aug 18, 2018 $0.47 Nov 30, 2018 $0.47
Aug 25, 2018 $0.47 Nov 30, 2018 $0.47
Sep 1, 2018 $0.47 Nov 30, 2018 $0.47
Sep 8, 2018 $0.47 Nov 30, 2018 $0.47
Sep 15, 2018 $1.16 Nov 30, 2018 $0.47
Sep 29, 2020 $0.70
Sep 22, 2018 $1.16 Sep 29, 2020 $1.16
Sep 29, 2018 $1.16 Sep 29, 2020 $1.16
Oct 6, 2018 $1.16 Sep 29, 2020 $1.16
Oct 13, 2018 $1.16 Sep 29, 2020 $1.16
Oct 20, 2018 $1.16 Sep 29, 2020 $1.16
Oct 27, 2018 $0.47 Sep 29, 2020 $0.47
Nov 3, 2018 $0.00
Nov 10, 2018 $0.00
Nov 17, 2018 $0.00
Nov 24, 2018 $0.00
Dec 1, 2018 $0.00
Dec 8, 2018 $0.00
Dec 15, 2018 $0.00
Dec 22, 2018 $0.00
Dec 29, 2018 $0.00
Jan 5, 2019 $0.00
Jan 12, 2019 $0.00
Jan 19, 2019 $0.00
Jan 26, 2019 $0.00
Feb 2, 2019 $0.00
Feb 9, 2019 $0.00
Feb 16, 2019 $0.00
Feb 23, 2019 $0.00
Mar 2, 2019 $0.00
Mar 9, 2019 $0.00
Mar 16, 2019 $0.00
Mar 23, 2019 $0.00
Mar 30, 2019 $0.00
Apr 6, 2019 $0.00
Apr 13, 2019 $0.00
Apr 20, 2019 $0.00
Apr 27, 2019 $0.00
May 4, 2019 $0.00
May 11, 2019 $0.00
May 18, 2019 $0.00
May 25, 2019 $0.00
Jun 1, 2019 $0.00
Jun 8, 2019 $0.00
Jun 15, 2019 $0.00
Jun 22, 2019 $0.00
Jun 29, 2019 $0.00
Jul 6, 2019 $0.00
Jul 13, 2019 $0.00
Jul 20, 2019 $0.00
Jul 27, 2019 $0.00
Aug 3, 2019 $0.00
Aug 10, 2019 $0.00
Aug 17, 2019 $0.00
Aug 24, 2019 $0.00
Aug 31, 2019 $0.00
Sep 7, 2019 $0.00
Sep 14, 2019 $0.00
Sep 21, 2019 $0.00
Sep 28, 2019 $0.00
Oct 5, 2019 $0.00
Oct 12, 2019 $0.00
Oct 19, 2019 $0.00
Oct 26, 2019 $0.00
Nov 2, 2019 $0.00
Nov 9, 2019 $0.00
Nov 16, 2019 $0.00
Nov 23, 2019 $0.00
Nov 30, 2019 $0.00
Dec 7, 2019 $0.00
Dec 14, 2019 $0.00
Dec 21, 2019 $0.00
Dec 28, 2019 $0.00
Jan 4, 2020 $0.00
Jan 11, 2020 $0.00
Jan 18, 2020 $0.00
Jan 25, 2020 $0.00
Feb 1, 2020 $0.00
Feb 8, 2020 $0.00
Feb 15, 2020 $0.00
Feb 22, 2020 $0.00
Feb 29, 2020 $0.00
Mar 7, 2020 $0.00
Mar 14, 2020 $0.00
Mar 21, 2020 $0.00
Mar 28, 2020 $0.00
Apr 4, 2020 $0.00
Apr 11, 2020 $0.00
Apr 18, 2020 $0.00
Apr 25, 2020 $0.00
May 2, 2020 $0.00
May 9, 2020 $0.00
May 16, 2020 $0.00
May 23, 2020 $0.00
May 30, 2020 $0.00
Jun 6, 2020 $0.00
Jun 13, 2020 $0.00
Jun 20, 2020 $0.00
Jun 27, 2020 $0.00
Jul 4, 2020 $0.00
Jul 11, 2020 $0.00
Jul 18, 2020 $0.00
Jul 25, 2020 $0.00
Aug 1, 2020 $0.00
Aug 8, 2020 $0.00
Aug 15, 2020 $0.00
Aug 22, 2020 $0.00
Aug 29, 2020 $0.00
Sep 5, 2020 $0.00
Sep 12, 2020 $0.00
Sep 19, 2020 $0.00
Sep 26, 2020 $0.00
Oct 3, 2020 $0.93 Oct 5, 2020 $0.93
Oct 10, 2020 $0.93 Oct 5, 2020 $0.93
Oct 17, 2020 $0.93 Oct 5, 2020 $0.93
Oct 24, 2020 $1.16 Oct 18, 2020 $1.16
Oct 31, 2020 $1.16 Oct 18, 2020 $1.16
Nov 7, 2020 $1.16 Oct 18, 2020 $1.16
Nov 14, 2020 $1.16 Nov 15, 2020 $1.16
Nov 21, 2020 $0.93 Nov 15, 2020 $0.93
Nov 28, 2020 $0.00
Dec 5, 2020 $0.00
Dec 12, 2020 $0.93 Dec 12, 2020 $0.93
Dec 19, 2020 $0.93 Dec 12, 2020 $0.93
Dec 26, 2020 $0.93 Dec 12, 2020 $0.93
Jan 2, 2021 $0.93 Dec 12, 2020 $0.93
Jan 9, 2021 $0.93 Dec 12, 2020 $0.93
Jan 16, 2021 $21.40 Dec 12, 2020 $1.16
Jan 23, 2021 $21.40
Jan 30, 2021 $21.40
Feb 6, 2021 $21.40
Feb 13, 2021 $21.40
Feb 20, 2021 $21.40
Feb 27, 2021 $21.40
Mar 6, 2021 $21.40
Mar 13, 2021 $21.40
Mar 20, 2021 $21.40
Mar 27, 2021 $21.40
Apr 3, 2021 $21.40
Apr 10, 2021 $21.40
Apr 17, 2021 $21.40
Apr 24, 2021 $21.40
May 1, 2021 $21.40
May 8, 2021 $21.40
May 15, 2021 $21.40
May 22, 2021 $21.40
May 29, 2021 $21.40
Jun 5, 2021 $21.40
Jun 12, 2021 $21.40
Jun 19, 2021 $21.40
Jun 26, 2021 $5.81

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