Entrepreneur
Name
Portia
Member since
March 2018
On-time repayments
2 installments • 100%
About Me
I started my childhood education at rising star international school.when i started school my family were having financial problem and due to this was facing problems whiles in school. For this reason, i use to assist a family friend with his mobile money shop as an apprentice. i did this for sometime and was earning something from there to support my parent for my school. i did this until i graduated from my senior high school. After my senior high school, i decided to start up my own from the little money i have saved. i did this because i realize this was a good earning business. The unique thing about my land is the people there are hospitable and kind to foreigners and also the land is full of natural resources. my hobby is listening to music and reading.
My Business
i provide as a source of easy source of helping people receive the money from far and near. I as well provide scratch cards for people anytime they wish to make calls and they are out of credit. these goods and services are useful because it help reduce stress of people of travel all the way to take money from people instead the money is just transferred into the phone account and they come in to redraw at their near by merchant. i chose this kind of business because it is very profitable. the typical cost and revenue for my business is 10%. i use the profit to reinvest into my business and also save some to support my unborn kids in the near by future.
Loan Proposal
when i receive this loan, i will buy few scratch cards are the start to sell since the loan that is granted at the start is not that huge.The price on a scratch may depend on the type you intend to purchase. Hence i will purchase only 5 cedis at the start and purchase more with my next loan when it gets a little bit higher. this will help me to work with happiness as i know i have an organization support me with my finances. at the beginning i know my profit margin will not be that high as expected but really wish it increase to about 15% with my subsequent loans granted
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Mar 7, 2018
Repayment status
On Time
Projected term
2 months
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