Mobile money (point of sales) support

Ukashat

Zaria, Nigeria

0% repaid

Entrepreneur

Name

Ukashat

Member since

October 2020

On-time repayments

6 installments  •  83%

About Me

Hi everyone! My name is ukashat shehu. I am the last child in a family of seven. My father is a civil servant and my mother is a primary school teacher. I am pursuing a professional diploma in marketing at Kaduna polytechnic to prepare me for a job in banking industry. I currently operate a mobile money outlet where I carryout cash deposit and withdrawal, bills payment and airtime recharge. My parents are fully in support of me. I completely my parents efforts towards my education with 40% of my profits and re-invest the remaining 60% back into the business. I like reading novels and playing football

My Business

My business is Mobile money (agent banking). I carryout cash transfers and deposits, bill payment and airtime recharge. Due to its ease of use, a lot of people prefer to top up their mobile phone or carryout cash transactions via an agent to save them time and bypass banking hall crowd especially now that there is the risk of covid. I don't have to always ask my parents for money because my business has been supporting me financially. I head of zidisha from a close friend about all the successes the platform has been achieving. My business need slot of working capital to guarantee competitiveness

Loan Proposal

This loan, if approved will be invested to enhance the financial standing of my mobile money business. I humbly apply for this loan. This loan is very important because it will boost my business efficiency and service delivery which will translate into more profits. Thanks!

Income Source

Even though the pandemic is still much present, my business has not been severely impacted by covid. I do my business from home, at the shop and even through WhatsApp. I always make sure that at any point in time, I have something to fall back to as a buffer. Even if a problem should occur, my savings will be used quickly to settle all debt obligations. Thank you

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.00

Date disbursed

Nov 16, 2020

Repayment status

Late

Projected term

5 weeks

Other loans

Lenders

A

Anonymous

United States

A

Andy

United States

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Summary

Amount repaid

$0.01

Amount remaining

$38.61

Expected completion

Dec 21, 2020

Status

Repaying late

Installment amount

$38.61

Repayment History

Expected Payments Actual Payments
Nov 23, 2020 $0.00 Nov 25, 2020 $0.00
Nov 30, 2020 $0.00 Dec 2, 2020 $0.00
Dec 7, 2020 $0.00 Dec 9, 2020 $0.00
Dec 14, 2020 $0.00 Dec 16, 2020 $0.00
Dec 21, 2020 $38.61

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