Loan to expand my mobile-money business

Godwin Mawutor

Akome Gbogame, Volta Region, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Godwin Mawutor

Member since

October 2015

On-time repayments

222 installments • 60%

About Me

I am a young man of 26years from the Volta Region of Ghana. I attended Gbogame EP Basic school at Akome also in the Volta Region. I furthered to Kpedze Senior High School where I read General Science. Currently I am an entrepreneur with Part One (1) of the Institute of Chartered Accountants, Ghana. I am also a member of YALI Network and Association of African Entrepreneurs.
As a young man, I have realized entrepreneurship as the key way to life and the future for African youth hence my involvement in entrepreneurship.

My Business

I am the founder of AGE Accounting and Taxation. Currently I have registered to operate mobile money business with MTN and in process with AIRTEL, all in Ghana with business operating name AGE COMMUNICATION AND TAXATION.
My idea now is to seek capital funding for the AGE COMMUNICATION AND TAXATION to provide mobile money services with printing and photocopy services in Akome traditional area and its environs. The community is currently not enjoying optimum services due to low capital,although people are interested in the services.
The cost involves capital and purchasing of printers,photocopiers etc. I will reinvest the profit.

Loan Proposal

Every entrepreneur needs financial support and Zidisha is just doing that, I was able to raise loan on the platform for my mobile money business and have successfully repaid it in full and on time. This business is doing well and I would like to expand the service to other rural communities.
In another nearby community, with population of over 1000 local farmers, mobile money service is not available and the citizens need to travel miles before getting such service. I have therefore decided to engage/employ a current senior high school graduate as a sales/mobile money agent in that community under the business name AGE Communication and Taxation.
All the loan amount will be uploaded on the new mobile money chip as a capital for the area business. I have already bought a simple mobile phone from my other revenue toward this business.
This business will contribute to financial inclusion in that community. Profits will be reinvested for now.