Loan to expand my mobile-money business

Charles

Prestea, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Charles

Member since

February 2016

On-time repayments

84 installments • 89%

About Me

My name is Charles , a nurse and entrepreneur. My passion is business and trading. My vision in life is to create a residual income. And will not work for the government till retirement. I established the business at age 18. Now I have made a head way, things are moving on smoothly because of the kindness of Zidisha lenders. My role model is Robert Kiyosaki.

My Business

People travel long distance before they can access the mobilemoney service so i cease that opportunity and established moneg transfer business. Look forward to adding printing , photocopying and sale of phones. Basically it involves sending money to friends and love ones. My average income is $300 monthly which goes into reinvestment.

Loan Proposal

Thank you lenders for your kindness. I'm applying for my third loan to increase my income base. This has become neccessary because i have imployed a new person to help and take care of the business and hence and increase in profit has become necessary so that i can pay him. I'm adding VODAFONE CASH Transaction as soon as the loan is disbursed. I will acquire tge sim free of charge and loan electronic cash with the money and start the business. I will be able to maximum profit to pay my worker and improve the business. I expect a profit increase of about 25%.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$521.00

Date disbursed

Sep 29, 2016

Repayment status

On Time

Projected term

5 months

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Ask Charles 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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Charles Nov 14, 2018

Approaching Christmas so business is cool

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Charles Jan 16, 2018

Business is very bad after the Christmas. People not patronizing the money transfer.

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Charles Dec 24, 2017

Due to Christmas there is more sales hence more profit so need to increase repayment.

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Charles Oct 29, 2017

In fact business is not good honestly this money. Hope to increase in the coming month.

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Francis Aug 13, 2017

Keep the good work

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Charles Aug 7, 2017

This message is to inform my great lenders and zidisha that I have received the loan of $1076.94
Right away it is going into accessory business as I proposed.
God bless you.

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Charles Jul 22, 2017

The loan I just completed was of immense help. I used in boosting the stock of my business. Was able to serve customer with their services. My earnings increased according 300$ last month. Earning for April was 200$.

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Charles Jul 15, 2017

I invested in my mpesa business. This made it possible for me to serve everybody with demand. My profit got increased which was used for reinvestment in my shop. Am happy my shop is now growing. Zidisha has made my dream possible. Happy now because am able to help my siblings with some of their needs. God bless you.

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Charles Jun 30, 2017

I can pay more for business has boosted. Customer are happy. They are served as expected.

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Charles May 3, 2017

I received fully $713.83 in my account. This loan fund was added to my base capital hence increasing my income base. Thank and God bless u My lenders and Zidisha organization.

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Charles Mar 30, 2017

I have just received lian amount of $713.83.
This loan fund will be added to mine capital base to boost my average income. Thanks my great partners. Honest is my capital pls continue to help me.

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Charles Mar 30, 2017

Loan funds added to capital base. Previous loan was used to open Vodafone cash transfer business which was successful.
Income increased

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Charles Mar 30, 2017

I have just received lian amount of $713.83.
This loan fund will be added to mine capital base to boost my average income. Thanks my great partners. Honest is my capital pls continue to help me.

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Charles Mar 29, 2017

This loan funds will be added to my base capital. Profit expected increment is 10$. There should be a profit of 20$ which will translate to 400$ if all thing goes smoothly. Thanks to all my lenders.

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Charles Mar 27, 2017

The loan fund was used to start Vodafone cash business in addition to the Mtn business. Both are running well under good supervision. Adding the Vodafone cash increased my income by 15%. Income is used for reinvestment. I can take care of my sibling now being the first son. Market days are my best business days.

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Charles Mar 17, 2017

I opened Vodafone cash with the loan fund and has so far increased my income. I now get income from Mtn and Voda. My family is okay because I can put money to the one for the house keep. We are happy. Thanks zidisha for touching my life this way.

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Charles Mar 1, 2017

Mtn and Voda cash together have improve my profit so want to adjust

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Charles Feb 16, 2017

I want to increase my loan repayment because profit has increased slightly. This loan is very helpful to me.

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Charles Feb 16, 2017

The loan was successfully received and used for Vodafone cash Mpesa. Already Mtn mobilemoney was in operation. Addition of Vodafone Cash has increased my profit asap. Am happy because my business has become attractive. My sibling are also happy as am able to support them of their need. Lenders thanks for your great support and tender kindness.

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Charles Feb 4, 2017

I want to pay more since income has increase

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Loan to expand my mobile-money business

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