Loan for recharge cards and transferable credit

Emmanuela

Wenchi, Ghana

100% repaid

Entrepreneur

Name

Emmanuela

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$143.00

Date disbursed

May 23, 2019

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

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