Mobile money expansion loan

Selina Serwaa

Techimantia, Ghana

Funds disbursed

$0 to go

100% funded of $232 goal

0

days left

Entrepreneur

Name

Selina Serwaa

Location

Techimantia, Ghana

On-time repayments

16 weekly installments  •  19%

About Me

I am Selina Serwaa born at Techimantia in the Brong Ahafo Region of Ghana to Rev. Isaac Nsiah and Mrs. Mercy Nsiah Tenaso in the year 1998, August 8th. I started my Basic Education at Techimantia Presby A Basic School. I further my education at Sunyani Vocational School where I study catering. After completion I started baking of cake, pie and a lot of flour business. I used the money I get from baking to start mobile money venture and sales of credit cards. The name of the venture is called Enkaakyi Enterprise of which I am the CEO for now.

My Business

The source of business income is the money from my baking business. I also get income from sales of credit cards of the Telecommunications companies in my country.

Loan Proposal

I will add it to my credit sales and mobile money business capital to increase my capital. By doing this i will be able to serve more costumers and also make more profit which will increase my profit margin in the next weeks to come.

Income Source

Many businesses has face risk in the current economic climate across the world yet many businesses are also making a profit despite pandemic and one of such businesses is mobile money operators. Because i am operating as mobile money agent i am sure i can repay this loan in the coming weeks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$232.98

Date disbursed

Oct 20, 2020

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: 10% of $232.98 = $20.81

Credit risk payment: $24.97

Optional expediting fee: $20.81

Lenders

AltruisticSelfishnes

Chicago, United States

L

lujabe

Melbourne, Australia

C

chrisherron

Chicago, United States

H

HobbyCollector

Beach City, United States

ibc123

Seattle, United States

B

bscent

Hong Kong

JL

Joao Leal

United Kingdom

Nigel Titley

Milton Keynes, United Kingdom

Joerg

Velen, Germany

Dave Bogard

New York, United States

W

Wade

United States

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

I

Ian

United Kingdom

C

cota

United States

TH

tom hd

United Kingdom

AH

ajay hampapur

United States

A

Allie

Australia

Aran Dunlop

United States

Paul Buchheit

Mountain View, United States

R

Ru

New York, United States

Ask Selina a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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