Inventory for recharge cards and transfer

Isaac

Cape Coast, Ghana

100% repaid

Entrepreneur

Name

Isaac

Member since

May 2015

On-time repayments

303 installments  •  33%

About Me

Am Isaac Asakuwah from Central Religion,Ghanaian by birth. I started basic education at the age of 7years.Through diligent study I gained admission into senior high school. Currently I am reading a programme at university of cape coast as distance student.I have four brothers and three sisters.My junior brother is in university and I have to help my parent to take care of him.I relized that engaging in credit transfer(airtime)and sale airtime recharge cards is a lucrative business so I enter into it in order to generate revenue to cater for myself and my younger brother.where I live is a peaceful and hospitable environment. I like snooker and table tennis.

My Business

I have credit cards and transfer at Cape Coast,Ankaful opposite Roman Catholic Church.I chose to do this business because this business is one of the fastest growing lucrative business in Ghana because every 9 people out of 10 people use mobile phone and internet modem which require credit recharge cards. Where I stay people find it difficult to get credit cards and transfer to buy and they are in high demand too.my typical cost is $250 and my typical revenue is $100-150 monthly.i use some of my profit to help my junior brother at school and to pay tax as credit vendor.

Loan Proposal

I will use this loan to buy recharge cards and transfer and also use some to cater for my junior brother in school.This will create a lot of benefit to me and others since it a recharge cards and transfer it make people easy to make calls and use it for browsing. I want my credit to be increase from Ghc150-250

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jun 9, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

PG

Paul Graham

United States

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