Funds to register and become an mtn mobile money merchant

Gabriel

Accra, Ghana

100% repaid

Entrepreneur

Name

Gabriel

Member since

January 2015

On-time repayments

25 installments  •  96%

About Me

I am the last of 5 kidz. As a child, did help my mum who was a trader to sale her stuffs, occasional before going to school. I lost my Dad at the age 10, but with the help of my mum, other siblings and personal business and savings i have made it to the University. I just completed University for Development Studies (UDS) where I studied Applied Biology. I have a dream of becoming a Surgeon (Medical Doctor) in the future.

My Business

I retail call recharge cards (credit) of all kinds and do mtn credit transfer to help support myself. I usually buy the recharge cards in bulk from my suppliers at a reduced unit price of 1.90ghc = almost 0.46$ and retail them at 2.0ghc. Business was been very progressive since I joined this community. I intend to start helping people round me transfer money as well as recieve money through mtn mobile money transfer to and from loved ones by becoming a registered merchant.

Loan Proposal

I retail call recharge cards (credit) of all kinds and do mtn credit transfer to help support myself. I usually buy the recharge cards in bulk from my suppliers at a reduced unit price of 1.90ghc = almost 0.46$ and retail them at 2.0ghc= almost 0.5$. Business was been very progressive since I joined this community. I intend to start helping people round me transfer money as well as receive money through mtn mobile money transfer to and from loved ones by becoming a registered merchant. 100ghc= almost 25$ of the acquire funds will be used to buy more recharge cards and credit transfer for stock and the remaining 650ghc=almost 167$ will be added to the cash I already have at hand as a starter capital to register and become an mtn mobile money merchant.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$209.00

Date disbursed

Jul 20, 2015

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

PG

Paul Graham

United States

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