Purchase of New Recharge Cards for Mobile Phone Business

Okyei Opoku

Duayaw Nkwanta, Ghana

1% repaid

Entrepreneur

Name

Okyei Opoku

Member since

July 2015

On-time repayments

73 installments  •  56%

About Me

My name is Okyei Opoku Francis.I come from Duayaw Nkwantain the Brong Ahafo Region of Ghana.I am 28 years of age .I was raised by my parents in Duayaw Nkwanta .I attended my basic school at the Presbyterian basic school.I furthered my education to the senior high at Duayaw Nkwanta senior high school at Duayaw Nkwanta.After completing my school in the year 2007, i passed well and got an admission into the university but unfortunately for me my father who will take care of me got a motor accident and died.so i have to stop and do some labor work to look after my two brothers who are then in the basic by then.through this labor work that i got some capital to start my business i operate now. Is my dream to help my little brothers till they complete their tertiary education and find their own job . The food i like best is banku and rice.my hobbies are reading books and watching movies i am also kind and love every one.

My Business

I started my business about some years ago with a capital of $96 .The name of my business is OKYEI VENTURES.I sell credit cards like tigo,mtn,airtel,expreso,glo etc.i choose this business because now mobile phone and the internet is one of the main source of communication now.the most faster;s means of communication is the telecommunication and internet.people buy credit cards day in and day out the across and my town as well. I managed to get $30 profit every week which helped me a lot to look after my little brothers at school.my capital have raised from $96 to $310 .this all because of hard work and determination.I want to expand my business so that i can also employed some who is unemployed.I need some extra amount of $100 to help me buy enough credit cards so that i will get more profit.

Loan Proposal

My dear lenders, I want to use this opportunity to say a big thanks to you as well as Zidisha team for the first loan you gave me. As a matter of fact, the loan has caused tremendous improvement in my business of sales of recharge cards.
As I am qualified for a second loan, I wish to inform you that I will remain faithful to paying my loans as I did earlier.
My dear lenders, please give me a second loan of GHS1539 to boost my business the more.
When this loan is given to me, I intend to do the following;
I will use GHS 400 to invest in buying MTN cards for sale
I will use GHS 500 to invest in buying VODAFONE cards
I will use the rest to buy Tigo cards for sale.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$400.41

Date disbursed

Aug 2, 2016

Repayment status

Late

Projected term

67 months

Lenders

BrassHat

Boston, United States

T

traderjohn

Baltimore, United States

Zidisha

Sterling, United States

S

Scodeb123

Huntsville, United States

Matching Fund

Sterling, United States

N

Nicolaas

Doha, Qatar

GT

Geoff Tucker

United States

RG

Ravi Gadad

United States

J

Jon

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

A

Anonymous

United States

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