4 installments • 75%
I am Mensah Emmanuel from Kumasi In Ashanti Region of Ghana but I live in Accra. I was able to complete form 4 but was not able to continue my education again since I was from a poor home. I have been able to build a four bed room for myself and family with the help of my wife through all this hardship in life. I manage to save some money from my cocoa farm and I have set up a mobile money business here in Accra. My child is determining to become a doctor when he grow.
I run a mobile money business and I have a big cocoa farm in Kumasi. With my mobile money business I started with 3000ghs and I can make a total sales of 3700ghs a week.
I need this loan to add to my capital to run my mobile money business here in Accra. because during working times I usually run out of money and I have to go to the bank to withdraw part of my e cash before I come back to serve my customers. Due to that i can not achieve my set profit for the day. If this loan is given to me, it will help me serve my customers well and I will be able to meet my set target.
I can pay the loan and in case of risk I will pay back the loan from the profit i make from my cocoa farm.
Mar 20, 2021
Cost to entrepreneur
Service fee: $2.15
Credit risk payment: $5.70
Optional expediting fee: $4.43