Mobile phone business to support my kids education

Ignatius

Prampram, Ghana

27% repaid

Entrepreneur

Name

Ignatius

Member since

May 2014

On-time repayments

289 installments  •  11%

About Me

I am Ignatius from Prampam, a coastal town in the southwestern parts of Ghana. I am married with two children aged nine and seven (boy and girl).
I completed Junior High in the year 2002 and later had practical training in fields including drug store keeping, and phone repairs.

I started a business of phone accessories and airtime sales after working as a drug store assistant for a while.

My Business

The primary occupation in my community is fishing and young boys start at it around the age of 10, avoiding school.
It is a miracle that I did not become a fisherfolk too at that age at such early stage and I would like my kids to get ahead with their own education, at least to the senior high level.

On my part I would have loved to further up to university level if not for lack of money to support my education, so I would like to make use of my business to provide an opportunity for education for my kids.

Currently, i operate a phone cards and accessories shop . I sell all kinds of phone accessories and airtime. It is a useful business because it helps people to communicate and keep in touch. As well, it brings in much needed income. .

This business line requires regular stock replenishment and ability to keep up with the latest trends in mobile technology and training. I am lucky to have joined an association of african entrepreneurs where I learned about zidisha. in this association, I am getting exposed to vital information and resources that is helping me to improve my business and make my dream come true.

Loan Proposal

I would like to use this loan to buy more accessories and airtime vouchers. I am also considering starting mobile phone based money transfers. There is a growth in demand for this service and we have only two providers in my town. Last month I made a profit of 65 USD after investing my last loan of 132 USD. I hoping to raise enough with this new loan in order to to be able reinvest with my own capital in this new area of my business. sales are often good especially for sellers who can operate longer hours. I would apply this to ensure prompt repayment of this loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$219.00

Date disbursed

Aug 1, 2014

Repayment status

Late

Projected term

67 months

Other loans

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valentin

Stockholm, Sweden

T

ToddK

Indianapolis, IN, USA, United States

R

RamonF

Zurich, Switzerland

McJulio

New Jersey, United States

ads68

Melbourne, Australia

Bobrm2k3

Charleston, United States

S

Serene

Philadelphia, United States

Sarasota

Sarasota, Fl, United States

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

ShaneHeneghan

Galway, Ireland, Belgium

T

thebonseung

Republic of Korea

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

Sputnik

Switzerland

Mikers

Netherlands

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Summary

Amount repaid

$127.33

Amount remaining

$344.33

Expected completion

Mar 3, 2020

Status

Repaying late

Installment amount

$1.00

Repayment History

Expected Payments Actual Payments
Aug 12, 2014 $3.33 Aug 30, 2014 $3.33
Aug 19, 2014 $0.00
Aug 26, 2014 $0.00
Sep 2, 2014 $0.00
Sep 9, 2014 $6.67 Sep 9, 2014 $6.67
Sep 16, 2014 $6.67 Sep 17, 2014 $6.67
Sep 23, 2014 $6.67 Oct 1, 2014 $6.67
Sep 30, 2014 $6.67 Oct 1, 2014 $6.67
Oct 7, 2014 $6.67 Oct 1, 2014 $3.33
Oct 29, 2014 $3.33
Oct 14, 2014 $4.33 Oct 29, 2014 $4.33
Oct 21, 2014 $0.00
Oct 28, 2014 $0.00
Nov 4, 2014 $16.67 Nov 8, 2014 $16.67
Nov 11, 2014 $6.67 Nov 23, 2014 $6.67
Nov 18, 2014 $0.00
Nov 25, 2014 $0.00
Dec 2, 2014 $0.00
Dec 9, 2014 $0.00
Dec 16, 2014 $0.00
Dec 23, 2014 $5.00 Dec 19, 2014 $5.00
Dec 30, 2014 $5.00 Dec 19, 2014 $5.00
Jan 6, 2015 $5.00 Dec 19, 2014 $3.33
Jan 6, 2015 $1.67
Jan 13, 2015 $5.00 Jan 22, 2015 $5.00
Jan 20, 2015 $5.00 Jan 22, 2015 $5.00
Jan 27, 2015 $5.00 Feb 25, 2015 $3.33
Mar 9, 2015 $1.67
Feb 3, 2015 $2.33 Mar 9, 2015 $1.33
Mar 18, 2015 $1.00
Feb 10, 2015 $0.00
Feb 17, 2015 $0.00
Feb 24, 2015 $0.00
Mar 3, 2015 $0.00
Mar 10, 2015 $0.00
Mar 17, 2015 $1.00 Mar 18, 2015 $1.00
Mar 24, 2015 $1.00 Mar 18, 2015 $1.00
Mar 31, 2015 $1.00 Mar 18, 2015 $0.33
Mar 30, 2015 $0.67
Apr 7, 2015 $1.00 Mar 30, 2015 $1.00
Apr 14, 2015 $1.00 Mar 30, 2015 $1.00
Apr 21, 2015 $1.00 Mar 30, 2015 $1.00
Apr 28, 2015 $1.00 Mar 30, 2015 $1.00
May 5, 2015 $1.00 Mar 30, 2015 $1.00
May 12, 2015 $1.00 Mar 30, 2015 $1.00
May 19, 2015 $1.00 Jul 23, 2015 $1.00
May 26, 2015 $1.00 Jul 23, 2015 $1.00
Jun 2, 2015 $1.00 Jul 23, 2015 $1.00
Jun 9, 2015 $1.00 Jul 23, 2015 $1.00
Jun 16, 2015 $1.00 Jul 23, 2015 $1.00
Jun 23, 2015 $1.00 Jul 23, 2015 $1.00
Jun 30, 2015 $1.00 Jul 23, 2015 $0.67
Aug 24, 2015 $0.33
Jul 7, 2015 $1.00 Aug 24, 2015 $1.00
Jul 14, 2015 $1.00 Aug 24, 2015 $1.00
Jul 21, 2015 $1.00 Aug 24, 2015 $1.00
Jul 28, 2015 $1.00 Aug 24, 2015 $1.00
Aug 4, 2015 $1.00 Aug 24, 2015 $1.00
Aug 11, 2015 $1.00 Aug 24, 2015 $1.00
Aug 18, 2015 $1.00 Aug 24, 2015 $1.00
Aug 25, 2015 $1.00 Aug 24, 2015 $1.00
Sep 1, 2015 $1.00 Aug 24, 2015 $1.00
Sep 8, 2015 $1.00 Aug 24, 2015 $0.67
Sep 6, 2015 $0.33
Sep 15, 2015 $1.00 Sep 6, 2015 $1.00
Sep 22, 2015 $1.00 Sep 6, 2015 $1.00
Sep 29, 2015 $1.00 Sep 6, 2015 $1.00
Oct 6, 2015 $1.00 Oct 27, 2018 $1.00
Oct 13, 2015 $1.00 Oct 27, 2018 $0.67
Oct 20, 2015 $1.00
Oct 27, 2015 $1.00
Nov 3, 2015 $1.00
Nov 10, 2015 $1.00
Nov 17, 2015 $1.00
Nov 24, 2015 $1.00
Dec 1, 2015 $1.00
Dec 8, 2015 $1.00
Dec 15, 2015 $1.00
Dec 22, 2015 $1.00
Dec 29, 2015 $1.00
Jan 5, 2016 $1.00
Jan 12, 2016 $1.00
Jan 19, 2016 $1.00
Jan 26, 2016 $1.00
Feb 2, 2016 $1.00
Feb 9, 2016 $1.00
Feb 16, 2016 $1.00
Feb 23, 2016 $1.00
Mar 1, 2016 $1.00
Mar 8, 2016 $1.00
Mar 15, 2016 $1.00
Mar 22, 2016 $1.00
Mar 29, 2016 $1.00
Apr 5, 2016 $1.00
Apr 12, 2016 $1.00
Apr 19, 2016 $1.00
Apr 26, 2016 $1.00
May 3, 2016 $1.00
May 10, 2016 $1.00
May 17, 2016 $1.00
May 24, 2016 $1.00
May 31, 2016 $1.00
Jun 7, 2016 $1.00
Jun 14, 2016 $1.00
Jun 21, 2016 $1.00
Jun 28, 2016 $1.00
Jul 5, 2016 $1.00
Jul 12, 2016 $1.00
Jul 19, 2016 $1.00
Jul 26, 2016 $1.00
Aug 2, 2016 $1.00
Aug 9, 2016 $1.00
Aug 16, 2016 $1.00
Aug 23, 2016 $1.00
Aug 30, 2016 $1.00
Sep 6, 2016 $1.00
Sep 13, 2016 $1.00
Sep 20, 2016 $1.00
Sep 27, 2016 $1.00
Oct 4, 2016 $1.00
Oct 11, 2016 $1.00
Oct 18, 2016 $1.00
Oct 25, 2016 $1.00
Nov 1, 2016 $1.00
Nov 8, 2016 $1.00
Nov 15, 2016 $1.00
Nov 22, 2016 $1.00
Nov 29, 2016 $1.00
Dec 6, 2016 $1.00
Dec 13, 2016 $1.00
Dec 20, 2016 $1.00
Dec 27, 2016 $1.00
Jan 3, 2017 $1.00
Jan 10, 2017 $1.00
Jan 17, 2017 $1.00
Jan 24, 2017 $1.00
Jan 31, 2017 $1.00
Feb 7, 2017 $1.00
Feb 14, 2017 $1.00
Feb 21, 2017 $1.00
Feb 28, 2017 $1.00
Mar 7, 2017 $1.00
Mar 14, 2017 $1.00
Mar 21, 2017 $1.00
Mar 28, 2017 $1.00
Apr 4, 2017 $1.00
Apr 11, 2017 $1.00
Apr 18, 2017 $1.00
Apr 25, 2017 $1.00
May 2, 2017 $1.00
May 9, 2017 $1.00
May 16, 2017 $1.00
May 23, 2017 $1.00
May 30, 2017 $1.00
Jun 6, 2017 $1.00
Jun 13, 2017 $1.00
Jun 20, 2017 $1.00
Jun 27, 2017 $1.00
Jul 4, 2017 $1.00
Jul 11, 2017 $1.00
Jul 18, 2017 $1.00
Jul 25, 2017 $1.00
Aug 1, 2017 $1.00
Aug 8, 2017 $1.00
Aug 15, 2017 $1.00
Aug 22, 2017 $1.00
Aug 29, 2017 $1.00
Sep 5, 2017 $1.00
Sep 12, 2017 $1.00
Sep 19, 2017 $1.00
Sep 26, 2017 $1.00
Oct 3, 2017 $1.00
Oct 10, 2017 $1.00
Oct 17, 2017 $1.00
Oct 24, 2017 $1.00
Oct 31, 2017 $1.00
Nov 7, 2017 $1.00
Nov 14, 2017 $1.00
Nov 21, 2017 $1.00
Nov 28, 2017 $1.00
Dec 5, 2017 $1.00
Dec 12, 2017 $1.00
Dec 19, 2017 $1.00
Dec 26, 2017 $1.00
Jan 2, 2018 $1.00
Jan 9, 2018 $1.00
Jan 16, 2018 $1.00
Jan 23, 2018 $1.00
Jan 30, 2018 $1.00
Feb 6, 2018 $1.00
Feb 13, 2018 $1.00
Feb 20, 2018 $1.00
Feb 27, 2018 $1.00
Mar 6, 2018 $1.00
Mar 13, 2018 $1.00
Mar 20, 2018 $1.00
Mar 27, 2018 $1.00
Apr 3, 2018 $1.00
Apr 10, 2018 $1.00
Apr 17, 2018 $1.00
Apr 24, 2018 $1.00
May 1, 2018 $1.00
May 8, 2018 $1.00
May 15, 2018 $1.00
May 22, 2018 $1.00
May 29, 2018 $1.00
Jun 5, 2018 $1.00
Jun 12, 2018 $1.00
Jun 19, 2018 $1.00
Jun 26, 2018 $1.00
Jul 3, 2018 $1.00
Jul 10, 2018 $1.00
Jul 17, 2018 $1.00
Jul 24, 2018 $1.00
Jul 31, 2018 $1.00
Aug 7, 2018 $1.00
Aug 14, 2018 $1.00
Aug 21, 2018 $1.00
Aug 28, 2018 $1.00
Sep 4, 2018 $1.00
Sep 11, 2018 $1.00
Sep 18, 2018 $1.00
Sep 25, 2018 $1.00
Oct 2, 2018 $1.00
Oct 9, 2018 $1.00
Oct 16, 2018 $1.00
Oct 23, 2018 $1.00
Oct 30, 2018 $1.00
Nov 6, 2018 $1.00
Nov 13, 2018 $1.00
Nov 20, 2018 $1.00
Nov 27, 2018 $1.00
Dec 4, 2018 $1.00
Dec 11, 2018 $1.00
Dec 18, 2018 $1.00
Dec 25, 2018 $1.00
Jan 1, 2019 $1.00
Jan 8, 2019 $1.00
Jan 15, 2019 $1.00
Jan 22, 2019 $1.00
Jan 29, 2019 $1.00
Feb 5, 2019 $1.00
Feb 12, 2019 $1.00
Feb 19, 2019 $1.00
Feb 26, 2019 $1.00
Mar 5, 2019 $1.00
Mar 12, 2019 $1.00
Mar 19, 2019 $1.00
Mar 26, 2019 $1.00
Apr 2, 2019 $1.00
Apr 9, 2019 $1.00
Apr 16, 2019 $1.00
Apr 23, 2019 $1.00
Apr 30, 2019 $1.00
May 7, 2019 $1.00
May 14, 2019 $1.00
May 21, 2019 $1.00
May 28, 2019 $1.00
Jun 4, 2019 $1.00
Jun 11, 2019 $1.00
Jun 18, 2019 $1.00
Jun 25, 2019 $1.00
Jul 2, 2019 $1.00
Jul 9, 2019 $1.00
Jul 16, 2019 $1.00
Jul 23, 2019 $1.00
Jul 30, 2019 $1.00
Aug 6, 2019 $1.00
Aug 13, 2019 $1.00
Aug 20, 2019 $1.00
Aug 27, 2019 $1.00
Sep 3, 2019 $1.00
Sep 10, 2019 $1.00
Sep 17, 2019 $1.00
Sep 24, 2019 $1.00
Oct 1, 2019 $1.00
Oct 8, 2019 $1.00
Oct 15, 2019 $1.00
Oct 22, 2019 $1.00
Oct 29, 2019 $1.00
Nov 5, 2019 $1.00
Nov 12, 2019 $1.00
Nov 19, 2019 $1.00
Nov 26, 2019 $1.00
Dec 3, 2019 $1.00
Dec 10, 2019 $1.00
Dec 17, 2019 $1.00
Dec 24, 2019 $1.00
Dec 31, 2019 $1.00
Jan 7, 2020 $1.00
Jan 14, 2020 $1.00
Jan 21, 2020 $1.00
Jan 28, 2020 $1.00
Feb 4, 2020 $1.00
Feb 11, 2020 $1.00
Feb 18, 2020 $1.00
Feb 25, 2020 $1.00
Mar 3, 2020 $116.00

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