Inventory of call credit cards into my shop
Baiden
Atebubu, Ghana
100% repaid
Entrepreneur
Name
Baiden
Member since
February 2016
On-time repayments
91 installments • 63%
About Me
Baiden Loretta is my name. I am a young girl of 22 years. I come from Sunyani-Dumase in the Brong Ahafo region of Ghana.I have chocolate color and I am very slim. I am from a family of three and I am the eldest. My parents are Mr. Baiden and Madam Ophelia. I started my basic school education at St. Ambrose Roman Catholic basic school. I the furthered to the Sunyani Senior High School (SHS). After my senior high education,I went to Atebubu College of Education to be trained as a professional teacher. As a matter of facts, I could not complete due to the sudden death of my father. My father was the pillar of the house so his sudden death really affected the family's finances negatively. My mother is poor farmer so she cannot cater for all us. Due to this I decided to go into recharged credit cards business so that I will help my mother cater for my younger siblings. The food I like best jellof rice and fried fish. My hobbies are reading, art work and swimming.
My Business
I started my business five months after dropping out from the College of Education. I started the business with a capital of $25. This money was my personal savings. I started selling the recharged credit cards on a table with an umbrella. I have been in this business for about 4 years now. Recently, with the aid of the little profit accrued over the 4 year period, I manage to get a small metal container shop where I sell recharged call credit cards. I sell call credit cards such as Vodafone, MTN, Airtel, Tigo, etc. This business is the only source of income to my family. My profit keeps on increasing every week. This is due to the fact that I have more customers who buy from me. I manage to get $56 dollars every week and it helps me a lot in catering for my aged mother and my younger siblings. It is my dream to expand my business so that I will increase my profit margin and also give a helping hand to the poor and the needy in my community.
Loan Proposal
Dear lenders l wish to apply for a loan of $200 to expand my recharge call credit cards business. When given this loan,I will use it to purchase more call credit cards to open a new branch that will be managed by my younger brother. This is one my aims thus increasing the source of income to the family from one to at least three. Dear lenders when this loan of $200 is given to me, it will assist me achieve one of my aims. Some of the recharge call credit cards that will be bought with the loan are; Vodafone, MTN, Airtel, Glo etc. When this loan is given to me, it will also increase my profit margin by 70% every week so dear lenders help me achieve this aim.Thank you .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Mar 3, 2016
Repayment status
On Time
Projected term
5 months
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