Expansion of mobile phone payment business

Ezekiel Amisoh

Nyinahin, Ashanti Region, Ghana

100% repaid

Entrepreneur

Name

Ezekiel Amisoh

Location

On-time repayments

53 weekly installments  •  100%

About Me

My name is Amisoh Ezekiel, I am 23 years , lives in Nyinahin in the Ashanti Region at the Atwima Mponua District . I live with my parents, Father name is Alanga Abraham and mother name is Alanga Cecilia. My father is a Farmer and my mother is a petty trader. I went to Saint Charles Minor Seminary and I am currently at University of Education ,Kumasi campus , level 100 offering Accounting Education. I run a mobile money merchant business and have been in business for the past three years and my business keeps on growing daily. My main motive behind my business is to help the poor and needy, I have been through it before where we could barely feed and I know how it feels. For the past years with the little I get I always try to use part of my profit after tax to help the needy. I know i don't have the strength to do this alone but with the help of the good people of zidisha I know we can do this together. My business has been growing at a faster rate especially at this coronavirus period. Sometimes I have to close in the afternoon due to lack of fund to serve the available customers. I believe with expansion of my business I can meet the demand of my customers and also help me fulfil my dream by helping the poor and the needy. I believe with the help of lenders on this platform we can all help alleviate poverty with the little I get from my business through the help of noble lenders here.

My Business

I have mobile money shops that I employ members to work for me. My business has been great through the help of Zidisha and it's lenders . My aim is to expand the business to all the deprived communities and to enable them send and receive money easily without traveling to the cities . With the help of Zidisha when given this loan my business will be able to reach millions of people and yield greater returns. Not only will I make significant profit but also change lives of millions living in the deprived communities through my " HELP THE NEEDY PROGRAM " I embark every year with the little profit I make throughout my business operation

Loan Proposal

I run mobile money business of which I have employed workers to work for me . Zidisha has made me to be able to Open additional shop in a different village . My aim is to expand the business to many deprived communities. I believe and trust in Zidisha and it's Lenders to help me expand the business to reach millions of people

Income Source

Mobile Money Businesses has been one of businesses benefited and still benefitting from the global pandemic. Members don't want to travel to trade, they dont want to transact with physical cash, they all resort to electronic means and Mobile money provides the easiest way to send and receive money at a fee. Now many prefer to use mobile money to safeguard the risk of being robbed. My business is not affected by the current economic climate but has rather brought positive economic impact to my business.

My Videos

Jun 18, 2021: My success story

Feedback

2

None

None

  • Babbitt Family Foundation    Nov 30, 2020

    We are proud to continue to support Ezekiel as he improves his business and his life. He is a good man!

    Log in to reply • Share
  • Babbitt Family Foundation    Aug 30, 2020

    Ezekiel is a hard worker and always repays his loans. He continues to build his business and has a bright future ahead of him. He's a good man making a better life for himself and the ones he loves.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,318.93

Date disbursed

Mar 24, 2021

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: 5% of $2,318.93 = $108.53

Credit risk payment: $434.46

Lenders

ads68

Melbourne, Australia

numbat

Perth, Australia

J

JonAlec

United States

T

Tony1

Australia

S

Sven

Netherlands

Dave Bogard

New York, United States

Kevin

San Francisco, United States

Ren

Minneapolis/StPaul, United States

Humble Bundle Community

San Francisco, United States

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