Loan to buy scratch cards for resale and mobile money

Janet

Techiman, Ghana

100% repaid

Entrepreneur

Name

Janet

Member since

March 2021

On-time repayments

4 installments  •  75%

About Me

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.

My 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

Loan Proposal

I will buy scratch card from the telecommunications company for resale with the loan. this will help me expand my business to increase my profit to sponsor little sister's education and expand my business as well.

Income Source

I am the only scratch card and mobile money vendor in my community so everyone in the community buy from me whenever they need my services so it is not easy for me to run at loss but in case of any risk I will repay with profit from my other business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Apr 16, 2021

Repayment status

On Time

Projected term

1 week

Lenders

S

Sharon4B

Molalla, Oregon, United States

TF

Tom Fawcett

United States

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