Loan to expand my mobile money business

Osei

Asuotiano Brong Ahafo, Ghana

100% repaid

Entrepreneur

Name

Osei

Member since

June 2017

On-time repayments

32 installments  •  50%

About Me

My name is Osei Emanuel I'm from Asuotiano which is at Dormaa east. I have completed my junior high school and I couldn't feather because of financial problems I have ever stayed with my mother because I lost my father I was at the age of 12. After completing Junior High School I started small small jobs for people of which I was making small savings. I was making savings because I had a motive of establishing mobile money business and a credit transfer. I saved till I got 200 Ghana cedis which i was hoping to get more for this business but at this time, my mother fell sick and she had nothing on her so I had to use this money on her instead of my business this never discouraged me because I started saving again . I came to know that it was good to use the money on my mom So I started making business again and now as
I speak I am operating as a mobile money Merchant at the same time I do credit transfer

My Business

I sell credit card
I do mobile money
And credit transfer

I choosed this because that was what I could afford to do

My savings helped me do this

I always invest because the money I use for the mobile money is not much.

Loan Proposal

Since am a mobile money merchant the money I use is too small so I think with the help of this loan It will help me earn much profit

The money I had wasn't enough because I used some to buy credit.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Aug 25, 2017

Repayment status

On Time

Projected term

2 months

Lenders

alecors

Mexico, Mexico

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Summary

Amount repaid

$23.95

Amount remaining

$0.00

Date repaid

Nov 6, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 4, 2017 $2.40 Sep 4, 2017 $2.40
Sep 11, 2017 $2.40 Sep 11, 2017 $2.40
Sep 18, 2017 $2.40 Sep 18, 2017 $2.40
Sep 25, 2017 $2.40 Sep 25, 2017 $2.40
Oct 2, 2017 $2.40 Oct 2, 2017 $2.40
Oct 9, 2017 $2.40 Oct 10, 2017 $2.40
Oct 16, 2017 $2.40 Oct 20, 2017 $2.40
Oct 23, 2017 $2.40 Oct 28, 2017 $2.40
Oct 30, 2017 $2.40 Nov 3, 2017 $2.40
Nov 6, 2017 $2.40 Nov 6, 2017 $2.40

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