Increase my mobile money business capital
Atakora
Techiman, Ghana
100% repaid
Entrepreneur
Name
Atakora
Member since
October 2017
On-time repayments
38 installments • 66%
About Me
Hello,I'm into mobile money transfer business.It very profitable when your capital is much.The more money you are able to withdraw or deposit, the higher commission you get.I need more money to inject into my business to be able to serve most of my customers. Thanks you.
My Business
I operate day to day activities by myself.At the initial stage I started with 1500 Ghana CEDI's.And as time goes on I went for loan at the bank. But l realized that the bank loan wasn't helping me as it comes within numerous charges,processing fee,insurance fee,forms fee and 38% interest per annum. So now I'm helpless,because my capital isn't enough
Loan Proposal
If I'm granted this loan,l will use it to increase my business capital. As the saying goes,the fisherman with the biggest net catches the most fish.My base business capital is around 705 dollars which often doesn't allow me to service most of my customers. And working with zidisha I believe as time goes on I'll be able to service every person that will come and transact at my venture. Even with my small capital I'm able to get a little over 200 dollars a month and expert it to increase to 240-250 dollars a month.And I believed as I grow gradually in zidisha,the sky is the limit.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$134.00
Date disbursed
May 27, 2018
Repayment status
On Time
Projected term
6 weeks
Other loans
Ask Atakora a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.