Loan to supply customers demand for recharge cards

Monica

Accra, Ghana

100% repaid

Entrepreneur

Name

Monica

Member since

December 2014

On-time repayments

151 installments  •  78%

About Me

I was previlage to have basic education through to the secondary level which I completed in may 2004,
I travel to the city where I got employed as a sales girl in mobile recharge cards.
it was here that I got the idea of starting something of my own because the income i get as a worker was not enough for me ,so I bought the shop I worked in when my employer put it on sale with the little I saved; maintaining my customers.
though i am now into a full time self employed in the telephony sector as a retailer in recharge card, i have the dream of one day taking distance course in business administration to better myself, my childhood dream i will accomplish one day.
I see this as a step closer to that dream with a stable financial backings.

My Business

My stay in business for the past year is good after the initial battle with keeping customers and staying in business.
The sale of recharge cards is fast moving venture with a low profit margin hence requires much attention and time and these cards are used by almost everybody on daily basis hence the assurance to your regaining of capital invested worst being breakeven.
This has prompt me to adding the sale of phone accessories which they (customers) ask of many a time.
I have a kid and a brother at the basic and secondary education sector respectively who depend on this recharge business.
Its a great relief to hear of this online lending and i hope to a brighter business with this opportunity.
hope this loan too is funded on time to cushion me to my dreams.

Loan Proposal

As the backbone of my sale of phone recharge cards, upon access to this loan , I will straight away invest all into buying these goods so that I can continue serving my customers. This will help maintain my custpmers who have turned tp depend on my supply for needs.
with this loan i will buy more of the cards, especially that of MTN the largest network provider to make available at all time to my clients.
this will ease the pressure of me seating customers and then rush to the nearest office to buy at same prices i retail to customers .
i hope this loan will help me meet the target set for bulk purchasers so as to get their discount at the end of every month.
Your contribution is not only to myself and business but ease the bane of customers to easily get what they want at a convenient location.
Thank you very much as this your contribution touches many life.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$771.00

Date disbursed

May 14, 2016

Repayment status

On Time

Projected term

6 months

Lenders

C

Cblodgett

Zurich, Switzerland

C

Christian

Saarbruecken, Germany

investor

Candiac, Canada

BelleStarr

Albuquerque, United States

DeanDropshot

Oslo, Norway

Scott

Oregon, United States

sarasofia

Stockholm, Sweden

johnandmoliehi

Canton, New York, United States

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

G

graememoss

Amsterdam, Netherlands

SeeMeeFi

Ontario, Canada

K

kaf121

Lynnfield, United States

Cloudways

Malta, Malta

mtnsailor

Harrisonburg, United States

ads68

Melbourne, Australia

jimmycarterforever

Missoula, United States

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

marcmesich

Kaohsiung, Taiwan

K

kingcamo1095

Mountain Home, United States

JonB

London, United Kingdom

L

Lolababalola

Ames, United States

xtrahardware

Cazenovia, United States

B

BMcDermott

Washington, DC, United States

D

DogFort1

Sydney, Australia

Genady

Münich, Germany

E

E

Marin county, United States

C

Clben7

Cincinnati, United States

Paul Buchheit

Mountain View, United States

S

sarah4d2

Saint Louis, United States

J

JennK

Australia

mepster

San Francisco, Ca, United States

T

tmarkus

Netherlands

B

bscent

Hong Kong

AAE USA Team

United States

M

Manley

Windermere, United States

Otto Barten

Amsterdam, Netherlands

NathanMoore

United States

Y

Yanque

Madrid, Spain

T

twm3823

United States

D

djlayton4

United States

S

Stephan

Netherlands

K

Kristiina

All Countries

KM

Kirsty M

United Kingdom

Gab

Singapore

Dave Bogard

New York, United States

Heiko

Haan, Germany

Paul

Auckland, New Zealand

MW

Matt Willis

United States

W

Wade

United States

PP

Pasi Paajanen

Helsinki, Finland

MB

michael breen

United Kingdom

The Bayiates Family

Chicago, IL, United States

Yustian Hartono

Singapore, Singapore

E

erica

antwerpen, Belgium

JC

JD Conley

United States

TB

Taylor Brown

United States

ME

Manaal Eisa

Washington DC, United States

Caroline Cress

Seattle, WA, United States

BC

Best Chapman

United Arab Emirates

BB

Ben Bellows

United States

Framework Eyewear

Utrecht, Netherlands

B

Brent

United States

Chris OConnor

Atlanta, United States

K

Karen

United States

Martin Nielsen

Aarhus, Denmark

F

Frits

Rotterdam, Netherlands

M

Mart

United Kingdom

D

Daniel

United States

PG

Paul Graham

United States

Sarah and Dave

Toronto, Canada, Czech Republic

Kavitha Amarnath

Sydney, Australia

E

ErinMcNulty

United States

RL

Ren Louca

United Kingdom

DL

David Larson

United States

Isabella

UK, United Kingdom

S

Sara

United States

Egor

Kiev, Ukraine

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

AK

Achim Königs

Bonn, Germany

Diego

Monza, Italy

GT

Geoff Tucker

United States

AH

Alex Hodson

United States

Dan Michael

Oslo, Norway

M

manateeman6

United States

L

LK

United States

Tam Thao Nathan

United States

S

stevensau

United States

KE

Karen Epolito

Syracuse, NY, United States

T

tonym

Australia

YV

Yuri Vanin

United States

DJ

David Jones

United Kingdom

JC

juli camrud

United States

RC

Rudi Chen

United States

M

Magnus

Switzerland

SB

Sue Bucholz

Sacramento, United States

TF

Todd Fonseca

United States

SV

Salim Virji

United States

LS

Lois Saucedo

United States

D A

Saint Paul, United States

E

Elynne

United States

M

Maiia

United Kingdom

JB

John Brown

United States

C

Cora

Switzerland

HPK

Switzerland, Switzerland

SS

Steve Smith

Winchester, Ma, United States

EB

Erika Barraza

United States

HH

Heidi Harris

United States

C

Carlene

United States

Jes-c

United States

B

Brett

Australia

M

Michele

United States

R

Rachel

United States

Majella

Dublin, Ireland, Canada

RC

Richard Cosh

Czech Republic

O

Ole

Denmark

Larissa

Germany

Sinan Taifour

Munich, Germany, Germany

KK

Kanwar Kumar

Oslo, United Kingdom

DF

D F

United States

E

El

United States

JA

Joe and Deb Rinella

Kansas City Metro, United States

A

Annapurna

United States

PW

Peter Wang

United States

L

lanham

United States

JG

Jonathan Giuffrida

Chicago, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

JA

Joshua Axtell

United States

BR

Brandon Ross

United States

A

Anonymous

United States

NM

Nitya Marepally

San Ramon, CA, United States

M

MC

Canada

Thomas Naimoli

United States

Day Family

Melbourne, Australia

A

Ari

United Kingdom

HD

Hardik Desai

United Kingdom

BE

Bob Ewing

United States

JD

JASON DORSETT

United States

AB

Andrew Bent

United States

E

Ejvin

United States

M

Mika

Switzerland

Ask Monica 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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