Loan to expand mobile money business

Evans

Kasoaaccra, Ghana

100% repaid

Entrepreneur

Name

Evans

Member since

December 2014

On-time repayments

319 installments  •  37%

About Me

Evans Kojo Forson is my name. l am 39 years old. l am from Kumasi. I am living in Accra. l have children. My oldest one attends university. The second is in high school and the last is in primary school. l have completed high school and had my certificate. l trained as a driver. My wife also has a business of selling cold drinks and food. l sell old and new cloth. l set up this business when l did not get a car to drive as a taxi driver. My older daughter wants to be a computer engineer, the second one said she will become nurse and the last born wants to be a businessman. My hobbies are reading books, traveling and watching football.

My Business

l used to work as a taxi driver. Later, it became very hard for me to get a car to drive. Showing my entrepreneurial side, l now work for myself running a convenience shop. l sell used cloth and new cloth at Kantamanto, Accra. I have been doing this business for the past 8 years. l also have public payphones and sell airtime (phone credit), providing a useful service to many other local business owners. l have now added a mobile money business. The name of my business is called Save Save Ventures Mobile Money Agent. This business needs more money and the demand is very high in my community.

ln order to be able to serve more people in my community, l ask lenders to help me with a loan to expand and employ more youths, especially young women. l earn an income of around GHS 800 ($200) a month and, when business is good, l earn more. l use my profits to take care of my wife, reinvest into my business, and pay for my child's university education. l will repay my loan from my earnings.

Loan Proposal

Now, l have added a mobile money business to my current business. l will add my second loan to my capital. The loan will provide better service to my customers. With this, l will have enough profit and also help those who travel long distance to access financial services. Mobile Money business is a good venture in Africa and l will repay the loan from my earnings. Zidisha microfinance and lenders, thank you in advanced for supporting my projects.

Show original English  

About Me

Evans Kojo Forson is my name..l am 39 years old.l am from Kumasi. I living in Accra.l have children .older one attend university.the second is in high school. and the last in primary.l have completed high school and had my certificate. l trained as a driver.My wife also has business of selling cold drinks and food. l sell old and new cloth.l set up this business when l did not get car to drive as a taxi driver.my older daughter wanted to be a computer engineer ,the second one said she will become nurse and the last born wanted to be businessman.
My hobbies are reading books,traveling and watching football.

My Business

about my business. l used to work as a taxi driver,later ,it became very hard for my to get car to drive . but showing my entrepreneurial side l now work for myself running a convenience shop.l sells used cloth and new cloth at Kantamanto,Accra.l have been doing this business for the past 8years .l also has public payphones and sells airtime (phone credit), providing a useful service to many other local business owners. l have now added mobile money business .the name of my business is called Save Save ventures mobile money agent.This business needs more money and the demand is very high in my community.
ln order to be able to serve more people in my community, l ask lenders to help me with a loan to expand and employ more youth especially young women..l earn an income of around GHS 800 ($200) a month and when business is good l earn more.l used my profit to take care of my wife ,reinvest into my business. pay for my child university.l will repay my loan from my earnings.

Loan Proposal

l have public payphones and sells airtime (phone credit), providing a useful service to many other local business owners. Now,l have added mobile money business to my current business.l will add my second loan to my capital so that l will use it to serve my customer.The loan will provide better service to my custome.With this l will have enough profitand also help those who travel long distance to access financial service. Mobile Money business is a good venture in Africa and l will repay the loan from my earnings.Zidisha microfinance and lenders, thank you in advanced for supporting my projects.

Feedback

3

None

None

  • Will    Oct 12, 2017

    Very good repayment record, and loan was completely paid off early. Would loan again.

    Log in to reply • Share
  • Philipp    May 10, 2017

    Repayment on time or early, it's been a pleasure lending to you!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$104.00

Date disbursed

Feb 23, 2017

Repayment status

On Time

Projected term

3 months

Lenders

T

Tmann

Los Angeles, United States

Umair Mahmood

Raleigh, United States

cyrus0302

San Francisco, United States

DeanDropshot

Oslo, Norway

ErikN

Stockholm, Sweden

T

Tallago3

Munich, Germany

MindMuse

Talking Rock, United States

S

SweAus

Adelaide, Australia

H

HildeK

Rogaland, Norway

Cloudways

Malta, Malta

Christopher

Copenhagen, Denmark

chadgibbs

Loveliest Village, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

gseletko

South Perth, Australia

L

Leonora

TÄBY, Sweden

xtrahardware

Cazenovia, United States

S

Sjors

Eindhoven, Netherlands

Evan Lamos

Brussels, Belgium

sderickson

Berkeley, CA, United States

Paul Buchheit

Mountain View, United States

smastermind

Jerusalem, Israel

chriseyre

Fremont, Ca, United States

R

RonEddy

United States

TyWee

Manila, Philippines

PolarBearCapital

United States

SuperMario28

Cudahy, United States

Kyle Hoback

Omaha, United States

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

MW

Matt Willis

United States

Elly

Woudrichem, United Kingdom

E

erica

antwerpen, Belgium

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

E

eriklonnroth

United Kingdom

Aran Dunlop

United States

TC

Tricia Caruso

United States

Dan Michael

Oslo, Norway

Y

YTSJ

London, United Kingdom

T

Tom

United States

V

Vidar

Oslo, Norway

I

isaac

United Kingdom

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

NG

Nathan Grey

United States

A

Anonymous

United States

GS

Gary Sinard

Franklin, TN, United States

A

Anonymous

United States

R

RMIM

United States

B

Brian

Rancho Cordova, United States

W

Will

United States

Paul Buchheit

Mountain View, United States

afaness

Germany

Rasmus

Norway

GS

gina sanders

United States

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