Entrepreneur
Name
Felix
Member since
August 2020
On-time repayments
24 installments • 50%
About Me
My name is Felix Azaglo Amewuga. I hail from the Volta Region of Ghana, permently resident in Accra the capital city of Ghana. I am a final year Bsc. Accounting student of the University of Ghana and a loan Agent of Bayport Savings and Loans PLC. I joined Bayport in the year 2017 to make some earnings to further my education as well take care of my expenses.
With over three years working experience in the payroll market in Ghana, I am working at owning one of the premier loan cunsultancy firms in the country by the time I graduate from the University.
I have established my own loan consult (Dinero Consult) which offers a wide range of loan management services to payroll workers to choose from depending on the need of the client.
My Business
Dinero Consult offers loan consolidation services, loan processing services, market research services, loan advisory services among other services regarding loans.
The aim of this business to bring financial relief the payroll workers accross the nation by providing them with the necessary professional assistance that help them cut down cost on existing facilities as well secure thier desired fundings for thier projects. After years of facilitating loan consolidation service under Bayport and other loan firms in the industry, I see a big window of business opportunity with the loan consolidation product, considering the limitation clients have with the loan firms.
Dinero Consult addresses such limitations through the consolidation project which presents payroll workers the opportunity to:
-Raise the extra funds they are struggling to secure with their loan firms.
-Select thier preferred lenders through extensive consultation.
-Enjoy lower rates and flexible payback period on thier facility
-Reduce payback period on previous facility upon thier request.
-Consolidate deductions on payslip among others.
The business proposal
Loan consolidation service involves the paying off of outstanding loan balances of clients with payroll loan firms and processing a new moderate loan product with a selected payroll loan firm for a fee.
I have been able to raise $2500 for the loan consolidation business. I am in need a minimum of $15,000 to expand my operations for this business project. The business has a stipulated 10%( $1500) conservative earnings, an estimated $375 weekly earnings and a $50 weekly operational expenses.
I also make an average $250 processing fee on normal loan transactions as a loan agent.
$15,000 will help increase my total earnings on both commissions and consolidation fees to an average $1,000 weekly earnings.
Investment beyond the maximum payout on Zidisha are welcome. You can contact me via email: [email protected] for my business proposal.
I am looking forward to expanding my operations with the funds secured here.
Loan Proposal
Sales has increased, thus increased the transportational expenses of my firm. The funds secured will be used to fund increasing transportational expenses for the business for the month
Income Source
Business at the moment is progressing and sales is increasing by the day. In the event sales is not made for the weeks ahead I can use part of the profit I have plowed back into the business capital to settle the weekly contributions required.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$144.00
Date disbursed
Oct 18, 2020
Repayment status
On Time
Projected term
4 weeks
Other loans
Lenders
Washington DC, United States
United States
United States
Ask Felix a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.