Inventoryinventory 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.With this sum amount of money,I will used $100 for recharge cards and credit transfer.since is recharge cards and transfer it will create a lot of benefit to people in my community by using it for browsing and also to make calls.l want my profit to increase from $40-$80.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$160.00
Date disbursed
Aug 14, 2015
Repayment status
On Time
Projected term
2 months
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