Add mobile payment service to my prepaid phone credit business

Emmanuel

Nsawkaw, B/a-ghana, Ghana

Funds disbursed

$0 to go

100% funded of $904 goal

0

days left

Entrepreneur

Name

Emmanuel

Member since

July 2015

On-time repayments

203 installments  •  11%

About Me

My name is Emmanuel Kofi Asamoah. I am a 27 year old Ghanaian gentleman. I am a senior high school leaver seeking to further my education to a higher institution of study. I am the only child of my parents. I hail from wenchi which is an important town in Ghana’s political history. It has Dr Kofi Abrefa busia who is one of the front liners who fought for the nation’s independence hailing from that town . I completed senior high school in the 2008 has not been able to further my education to the tertiary level since then. After senior high school, I used to help my father who is a farmer in his cashew farm. It was later that I gained a contract under the government of Ghana to work as a volunteer under the better Ghana policy. The contract however expired two years later and has not been renewed since then. Life was a little tough then after and I have to move into the business of selling recharge cards and credit transfer. It is what has survived me till now and I hope one day I can further my education through this little business I am doing.

My Business

I am into the business of selling recharge cards. Some of the mobile networks that I sell their cards are MTN, Glo, Vodafon, Tigo, Airtel among others. I usually pick the cards from retailers and I sell them to customers. I usually get a profit of about 5 to 15 pesewas from each credit card I sell. Because the site where I do my business is a very good one, I usually get profit of between 10 to 15 cedis a day. I currently do not have a shop where I do my business therefore I have acquired a small table and an umbrella for my business. Through this small business of mine I am able to support my family in various ways and I thank God for that. I hope to expand my business to include mobile money as this is a good profit earning venture.

Loan Proposal

Mobile money business is one of the most profitable tredding businesses in Ghana now. I have been in the credit card selling business for some time now and I wish to add the mobile money business. From my enquiries, I will need about 3000 cedis, 1500 being physical cash and the remainder being electronic. I would therefore be very grateful if lenders will help me accomplish this dream. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$904.20

Date disbursed

Mar 17, 2016

Repayment status

Late

Projected term

41 months

Lenders

K

Krokslatt

Mölndal, Sweden

BelleStarr

Albuquerque, United States

C

cjmenchaca

Austin, United States

D

Delok

Germany

reluck

Marseille, France, France

Jeroen Decock

Gent, Belgium

BB

Ben Bellows

United States

Chris OConnor

Atlanta, United States

M

Mart

United Kingdom

Anonymous

Ocoee, United States

Ramon Maghsoudi

San Francisco, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Curious Customs

Austin, Texas, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Emmanuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$0.00

Amount remaining

$949.32

Expected completion

Sep 8, 2019

Status

Repaying late

Installment amount

$5.25

Repayment History

Expected Payments Actual Payments
Mar 27, 2016 $5.25
Apr 3, 2016 $5.25
Apr 10, 2016 $5.25
Apr 17, 2016 $5.25
Apr 24, 2016 $5.25
May 1, 2016 $5.25
May 8, 2016 $5.25
May 15, 2016 $5.25
May 22, 2016 $5.25
May 29, 2016 $5.25
Jun 5, 2016 $5.25
Jun 12, 2016 $5.25
Jun 19, 2016 $5.25
Jun 26, 2016 $5.25
Jul 3, 2016 $5.25
Jul 10, 2016 $5.25
Jul 17, 2016 $5.25
Jul 24, 2016 $5.25
Jul 31, 2016 $5.25
Aug 7, 2016 $5.25
Aug 14, 2016 $5.25
Aug 21, 2016 $5.25
Aug 28, 2016 $5.25
Sep 4, 2016 $5.25
Sep 11, 2016 $5.25
Sep 18, 2016 $5.25
Sep 25, 2016 $5.25
Oct 2, 2016 $5.25
Oct 9, 2016 $5.25
Oct 16, 2016 $5.25
Oct 23, 2016 $5.25
Oct 30, 2016 $5.25
Nov 6, 2016 $5.25
Nov 13, 2016 $5.25
Nov 20, 2016 $5.25
Nov 27, 2016 $5.25
Dec 4, 2016 $5.25
Dec 11, 2016 $5.25
Dec 18, 2016 $5.25
Dec 25, 2016 $5.25
Jan 1, 2017 $5.25
Jan 8, 2017 $5.25
Jan 15, 2017 $5.25
Jan 22, 2017 $5.25
Jan 29, 2017 $5.25
Feb 5, 2017 $5.25
Feb 12, 2017 $5.25
Feb 19, 2017 $5.25
Feb 26, 2017 $5.25
Mar 5, 2017 $5.25
Mar 12, 2017 $5.25
Mar 19, 2017 $5.25
Mar 26, 2017 $5.25
Apr 2, 2017 $5.25
Apr 9, 2017 $5.25
Apr 16, 2017 $5.25
Apr 23, 2017 $5.25
Apr 30, 2017 $5.25
May 7, 2017 $5.25
May 14, 2017 $5.25
May 21, 2017 $5.25
May 28, 2017 $5.25
Jun 4, 2017 $5.25
Jun 11, 2017 $5.25
Jun 18, 2017 $5.25
Jun 25, 2017 $5.25
Jul 2, 2017 $5.25
Jul 9, 2017 $5.25
Jul 16, 2017 $5.25
Jul 23, 2017 $5.25
Jul 30, 2017 $5.25
Aug 6, 2017 $5.25
Aug 13, 2017 $5.25
Aug 20, 2017 $5.25
Aug 27, 2017 $5.25
Sep 3, 2017 $5.25
Sep 10, 2017 $5.25
Sep 17, 2017 $5.25
Sep 24, 2017 $5.25
Oct 1, 2017 $5.25
Oct 8, 2017 $5.25
Oct 15, 2017 $5.25
Oct 22, 2017 $5.25
Oct 29, 2017 $5.25
Nov 5, 2017 $5.25
Nov 12, 2017 $5.25
Nov 19, 2017 $5.25
Nov 26, 2017 $5.25
Dec 3, 2017 $5.25
Dec 10, 2017 $5.25
Dec 17, 2017 $5.25
Dec 24, 2017 $5.25
Dec 31, 2017 $5.25
Jan 7, 2018 $5.25
Jan 14, 2018 $5.25
Jan 21, 2018 $5.25
Jan 28, 2018 $5.25
Feb 4, 2018 $5.25
Feb 11, 2018 $5.25
Feb 18, 2018 $5.25
Feb 25, 2018 $5.25
Mar 4, 2018 $5.25
Mar 11, 2018 $5.25
Mar 18, 2018 $5.25
Mar 25, 2018 $5.25
Apr 1, 2018 $5.25
Apr 8, 2018 $5.25
Apr 15, 2018 $5.25
Apr 22, 2018 $5.25
Apr 29, 2018 $5.25
May 6, 2018 $5.25
May 13, 2018 $5.25
May 20, 2018 $5.25
May 27, 2018 $5.25
Jun 3, 2018 $5.25
Jun 10, 2018 $5.25
Jun 17, 2018 $5.25
Jun 24, 2018 $5.25
Jul 1, 2018 $5.25
Jul 8, 2018 $5.25
Jul 15, 2018 $5.25
Jul 22, 2018 $5.25
Jul 29, 2018 $5.25
Aug 5, 2018 $5.25
Aug 12, 2018 $5.25
Aug 19, 2018 $5.25
Aug 26, 2018 $5.25
Sep 2, 2018 $5.25
Sep 9, 2018 $5.25
Sep 16, 2018 $5.25
Sep 23, 2018 $5.25
Sep 30, 2018 $5.25
Oct 7, 2018 $5.25
Oct 14, 2018 $5.25
Oct 21, 2018 $5.25
Oct 28, 2018 $5.25
Nov 4, 2018 $5.25
Nov 11, 2018 $5.25
Nov 18, 2018 $5.25
Nov 25, 2018 $5.25
Dec 2, 2018 $5.25
Dec 9, 2018 $5.25
Dec 16, 2018 $5.25
Dec 23, 2018 $5.25
Dec 30, 2018 $5.25
Jan 6, 2019 $5.25
Jan 13, 2019 $5.25
Jan 20, 2019 $5.25
Jan 27, 2019 $5.25
Feb 3, 2019 $5.25
Feb 10, 2019 $5.25
Feb 17, 2019 $5.25
Feb 24, 2019 $5.25
Mar 3, 2019 $5.25
Mar 10, 2019 $5.25
Mar 17, 2019 $5.25
Mar 24, 2019 $5.25
Mar 31, 2019 $5.25
Apr 7, 2019 $5.25
Apr 14, 2019 $5.25
Apr 21, 2019 $5.25
Apr 28, 2019 $5.25
May 5, 2019 $5.25
May 12, 2019 $5.25
May 19, 2019 $5.25
May 26, 2019 $5.25
Jun 2, 2019 $5.25
Jun 9, 2019 $5.25
Jun 16, 2019 $5.25
Jun 23, 2019 $5.25
Jun 30, 2019 $5.25
Jul 7, 2019 $5.25
Jul 14, 2019 $5.25
Jul 21, 2019 $5.25
Jul 28, 2019 $5.25
Aug 4, 2019 $5.25
Aug 11, 2019 $5.25
Aug 18, 2019 $5.25
Aug 25, 2019 $5.25
Sep 1, 2019 $5.25
Sep 8, 2019 $4.98

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