Funds to increase stock base of phone recharge cards

Naakon

Accra, Ghana

15% repaid

Entrepreneur

Name

Naakon

Member since

January 2015

On-time repayments

82 installments  •  15%

About Me

I was privileged to go through basic education through to the secondary level, which I completed in May 2004. I traveled to the city, where I got employed as a sales boy in mobile recharge cards on work-and-pay basis.

It was in this business that I got the idea of starting something of my own, because the income is not enough for me. So I worked with my employer, maintaining my customers.

I see this as a step closer to my dream of establishing a business of my own.

My Business

My stay in business for the past year has been good, after the initial battle with keeping customers and staying in business. The sale of recharge cards is a fast-moving venture with a low profit margin, hence it requires much attention and time. This has prompted me to add the sale of phone accessories, which they (customers) ask for many a time.

I have a kid and a brother at the basic and secondary education sector, respectively, who depend on this recharge business. It's a great relief to hear of this online lending site, and I hope for a brighter business with this opportunity.

Loan Proposal

As I am already established in the the and the boost given by the my first loan, I am keen in investing any money into rooting my business.
I will straight away buy more of recharge cards as it has ready market and as a business oriented I will restock some of few accessories. In percentage- wise ,I will apportioned it as 70/30% as I quickly get my returns from the card .
This loan will supplement my effort to reaching that dream some day.
Thank you for being part of my business history.

Show original English  

About Me

I was previllage to go through basic education through to the seconndary level which I completed in in may 2004
I travel to the city where I got employed as a sales boy in mobile recharge cards on work and pay basis.
it is in this business that I got the idea of starting something of my own because the income is not enough for me ,so I worked with my employer ; maintaining my customers.
I see this as a step closer to my dream of establishing a business of my own

My Business

My stay in business for the past year is good after the initial battle with keeping customers and staying in business.
The sale of recharge cards is fast moving venture with a low profit margin hence requires much attention and time .
This has prompt me to adding the sale of phone accessories which they (customers) ask of many a time.
I have a kid and a brother at the basic and secondary education sector respectively who depend on this recharge business.
Its a great relief to hear of this online lend and i hope to a brighter business with this opportunity.

Loan Proposal

As I am already established in the the and the boost given by the my first loan, I am keen in investing any money into rooting my business.
I will straight away buy more of recharge cards as it has ready market and as a business oriented I will restock some of few accessories. In percentage- wise ,I will apportioned it as 70/30% as I quickly get my returns from the card .
This loan will supplement my effort to reaching that dream some day.
Thank you for being part of my business history.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$82.00

Date disbursed

May 29, 2015

Repayment status

Late

Projected term

16 months

Other loans

Lenders

PG

Paul Graham

United States

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