Mobile recharge units

Nyarko Gyimah

Takoradi, Ghana

100% repaid

Entrepreneur

Name

Nyarko Gyimah

Member since

November 2017

On-time repayments

52 installments  •  83%

About Me

I am called GYIMAH NYARKO DAVID in full. Born and breed in the eastern part of Ghana, precisely at Obo-Kwahu. I attended my basic education not in one of the endowed schools but with determination and hard work passed into a senior high school where I also passed well enough to enable me enter a tertiary institution. In fact my greatest setback was at this level as the painful death of my father just after enrollment brought an untold hardship. But that not withstanding I sailed through with a second class honors. Ghana is noted for its peaceful environment as well as its mineral resources like gold, diamond etc. With no children now, I and my wife hope to improve on our life and become financially sound in order to help others. I like playing and following football and my fond memories of my primary school days where I was the CR7 of my school team. On one occasion I remember I scored two spectacular goals for my school and got injured in scoring the last one. Surprisingly, before I was treated returned to the field again, the little drinks that was to be shared got finished and I had to play on an empty stomach. Hahaha!!!

My Business

As a public sector worker, I have a monthly stream of income and a little source of passive income which put me in a good position to repay the loan. I am into mobile phone call credits, even though I financed it with a meager amount,it has great potentials because in my country Ghana, approximately everyone uses more than one phone translating into billions of cedis every month. Personally my own calculation of how how much phone credit I use informed my entering into that venture as a part time job. Since it is an online job, it has lower costs of operation except for service charges. Interestingly, incomes from what I do is my family's source of sustenance talk about health care, feeding,etc. It is my wish to venture into my number one business target which is forex trading and liquid soap production for my wife hence the need for your support.

Loan Proposal

I really appreciate the help and support provided by lenders on this platform. I really expect to expand my business and yo grow it to serve a wider spectrum of customers. In line with this I would like to put up a simple office from this funds so that I can serve more other customers after usual job. Currently a lot of my customers are family and friends, colleagues and other close allies but I want to cast my net wider. $250 will be used to buy recharge units and pay for internet, and approximately $50 will go into a savings account towards erecting an office.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$318.68

Date disbursed

Aug 30, 2018

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $9.37

Credit risk payment: $56.72

Lenders

Catherine68

Boyle, Ireland

F

FilemonInvest

Odense, Denmark

M

mattandrike

Arlington, United States

S

suzerain

Kuala Lumpur, Malaysia

C

Colesmiths

Sevenoaks, United Kingdom

ads68

Melbourne, Australia

B

BlackWolf

Lappeenranta, Finland

M

misaheat

United States

C

cactusgirl

London, United Kingdom

Andrew

Melbourne, Australia

GN

Gabriel N

Switzerland

Gabriel Fenili

Santo André, Brazil

Mr Chris Turner

Cambridge forever England, United Kingdom

LT

Leslie Tymko

United Kingdom

MS

Marcus Siegel

San Francisco, United States

SV

Salim Virji

United States

Ed

Howells, United States

Manayon Domingo

San Miguel Guimba, Nueva Ecija, Ph 3115, Philippines

MB

Mimi Botkin

United States

Charles Magnuson

Burlingame, California, United States

M

Margaret

United States

AT

Amy Truong

Honolulu, United States

J

James

United States

I

Ivan

New York, United States

Cambium Foundation

Kirkland, United States

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