Mobile money and credit sales
Samson
Lawra, Ghana
$0 to go
100% funded of $1,467 goal
0
days left
Entrepreneur
Name
Samson
Member since
November 2016
On-time repayments
227 installments • 78%
About Me
I am a 33 year gentleman born to peasant farmers at Nsawkaw in the bring ahafo region of Ghana.
I started my primary education at Nsawkaw R/C primary B which was about 7 kilometers from a village I was staying. After 6 years of walking 14 kilometers (fro & to) daily, I continued at St Agnes Junior High School in Jirapa of Upper West Region. I continued my education at Nandom Senior High School from 2002 to 2005.
My Business
I am a fully employed registered nurse and also operate two mobile credit sales/ mobile money shops at Lawra and Jirapa, both in the Upper West Region. I am now to open more branches, one in Babile and one in Lawra .
Now I also have five other retailers who pick stocks of credit directly from me and also resell to subscribers within the Upper West Region. Thus increasing my sales per week to about 25000 GHS. (10000-retail, and 15000-whole sale. The breakdown is as follows:
ITEM Cost. Whole sale Retail
Price. Price. Price
Vodafone.....GH¢ GH¢ GH¢
GH¢20..........19.00. 19.20. 20.00
GH¢10..........9.50. 9.60. 10.00
GH¢5............4.75. 4.80. 5.00
GH¢2............1.90. 1.92. 2.00
GH¢1.............0.95. 0.96. 1.00
MTN
GH¢20........19.15. 19.30. 20.00
GH¢10........9.575. 9.65. 10.00
GH¢5...........4.788. 4 .80. 5.00
GH¢2...........1.915. 1.93. 2.00
AIRTEL
GH¢10........9.50. 9.60. 10.00
GH¢5............4.75. 4.80. 5.00
GH¢2............1.90. 1.92. 2.00
GH¢1............0.95. 0.96. 1.00
TIGO
GH¢10........9.50. 9.60. 10.00
GH¢5...........4.75. 4.80. 5.00
GH¢2...........1.90. 1.92. 2.00
GH¢1..…......0.95. 0.96. 1.00
I also operate mobile money merchant shops which give me a commission of 1500 GHS per month
Thank you.
Loan Proposal
Part of this fund will be used to but mobile phone credit cards at 9.60 GHS, 4.80 GHS, 1.92 GHS,0.96 GHS, and sell them at 10.00 GHS, 5.00 GHS, 2.00 GHS, 1.00 GHS respectfully.
The rest of the loan will be used to operate mobile money transaction, earning a commission of about 30 GHS per day and 200 GHS per week.
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Loan Info
Project Type
Classic Loan
Amount requested
$1,467.00
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