4 weekly installments • 75%
Janet Baafi is my name and my father is a pastor at the church I attend, I am also the choir leader of my church. I have completed SHS but due to an accident I couldn't further my education to the tertiary level which didn't let my dream of becoming a lawyer materialize, due to that I borrowed from my father to start my own business.
I am a mobile money vendor and I also sell scratch cards in our community. I realised that there was none in our community so I decided to set up that business which has really helped me by helping my father to support my younger sister's education. I incur a cost of GHS 3000 in my operation with a revenue of GHS 4500
i run a mobile money business and i need this loan as additional capital to business my day to day business which i believe it will add another income to my profit.
i can make payment since my business is less risky and in case of any risk i will pay back the loan from the profit i make from my other business.
Apr 29, 2021
Cost to entrepreneur
Service fee: 5% of $35.63 = $1.66
Credit risk payment: $4.33
Optional expediting fee: $4.99