Loan for recharge cards and transferable credit


Wenchi, Ghana

100% repaid




Member since

May 2019

On-time repayments

87 installments  •  80%

About Me

Am pharmaceutical student at sunyani polytechnic University. Am currently level 100 student but my entrepreneurship life start at a tender age, where I used to help my mum to sell her farm produce in the market. So I started my tertiary education I discovered that getting a recharge card to buy to loan it on your phone was an issue on my hostel, especially in the night when you needed it for research purpose. So I decided to start selling these recharge card like MTN, VODAFONE, Airtel-tigo.

My Business

As every business start with little resource available, I started my business without money I will credit the credit cards from the agent and come and resell them. After selling it all I will take my profit and send his to him and take another one and repeat such circle till now that I buy it with profit I've been making at the time I used to credit them. At the moment I've been making 2150GHC per week of which 1800GHC is my profit to keep. I save some and keep some to keep my business running.

Loan Proposal

This loan will be use to purchase recharge cards which include MTN, VODAFONE and AIRTEL-TIGO. I will only buy MTN transferable credit to resell them to my fellow hostel mates. The profit I will make 50% of it will be save and the rest will be used to reinvest in my business.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

May 23, 2019

Repayment status

On Time

Projected term

2 weeks


Paul Buchheit

Mountain View, United States

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