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
United States
Summary
Amount repaid
$236.00
Amount remaining
$0.00
Date repaid
Dec 11, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 2, 2015 | $12.50 | Jul 31, 2015 | $12.50 |
| Aug 9, 2015 | $12.50 | Aug 6, 2015 | $12.50 |
| Aug 16, 2015 | $12.50 | Aug 12, 2015 | $12.50 |
| Aug 23, 2015 | $12.50 | Aug 15, 2015 | $12.50 |
| Aug 30, 2015 | $12.50 | Aug 26, 2015 | $12.50 |
| Sep 6, 2015 | $12.50 | Sep 3, 2015 | $12.50 |
| Sep 13, 2015 | $12.50 | Sep 12, 2015 | $12.50 |
| Sep 20, 2015 | $12.50 | Sep 19, 2015 | $12.50 |
| Sep 27, 2015 | $12.50 | Sep 26, 2015 | $12.50 |
| Oct 4, 2015 | $12.50 | Oct 3, 2015 | $12.50 |
| Oct 11, 2015 | $12.50 | Oct 5, 2015 | $12.50 |
| Oct 18, 2015 | $12.50 | Oct 15, 2015 | $12.50 |
| Oct 25, 2015 | $12.50 | Oct 25, 2015 | $12.50 |
| Nov 1, 2015 | $12.50 | Nov 1, 2015 | $12.50 |
| Nov 8, 2015 | $12.50 | Nov 8, 2015 | $12.50 |
| Nov 15, 2015 | $12.50 | Nov 15, 2015 | $12.50 |
| Nov 22, 2015 | $12.50 | Nov 24, 2015 | $12.50 |
| Nov 29, 2015 | $12.50 | Dec 11, 2015 | $12.50 |
| Dec 6, 2015 | $11.00 | Dec 11, 2015 | $11.00 |
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