Loan for buying recharge cards

William

Accra, Ghana

100% repaid

Entrepreneur

Name

William

Member since

August 2017

On-time repayments

12 installments  •  33%

About Me

My name is William and am 24 , I am a graduate of ada shs and I attain a diploma in hardware and networking ,am a hard working guy. Am investing into mobile money. Which is the latest business in town many people jumping into. The people of Ghana are tired of the traditional banking system which most of them have to wait in line from morning to evening just to make payment, transfer, deposit or redraw their money. With the help of mobile money most Ghanaian find it easy. and convient to do all the above at thier own time as well as place of comfort. I want my kinds dream to come to pass and the better version of themselves as they will become public figure. With this at the back of my mind I have to work hard to achieve them. I started working right after school and the little money I generated I used to to open my shop.

My Business

I work at Tema port and own a mobile money shop that am running currently. I earn from 300-600 GHC weekly and I need a loan to upgrade my shop so that my customers can have a place to sit when they come to do their transactions. The profit I make I used some to pay school fee of my little brother and give some to my mum whiles the rest I reinvest it in my company. I incur cost of employee, food, electricity and land, yet still make profit at the end of the day,also to achieve more goals to add up to my success

Loan Proposal

I will used the loan to buy recharge call of my to resell them. These cards will be sold the same day which the principal and the profit will be reused to purchase same cards again. This will help my customers to have enough cards to buy and I will make profit at the other end. I expect profit incre of 5%

Feedback

1

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  • Helen Horseman    Nov 6, 2017

    Thank you for full repayment of your loan William.
    Best wishes for your business going forward.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Oct 10, 2017

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

HH

Helen Horseman

United Kingdom

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