Mobile phone credit sales

Selina Serwaa

Techimantia, Ghana

100% repaid

Entrepreneur

Name

Selina Serwaa

Member since

April 2020

On-time repayments

16 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 use this loan to buy more credit cards since many of Ghanaians are now attain age eighteen they will be eligible to register for National Card which give them authority to hold sim cards and phones of their own. Due to demand for sim cards and credit will increase. As a business woman I want to use to opportunity which known to fewer peoples to gain more profit.

Income Source

Many business has collapsed due to Covid 19 but because my business is directly concern human being daily activity I am convince that I will make it. Firstly because of social distancing many use mobile money instead of going to banking hall to deposit or withdrawal money. Secondly people talk more on phones nowadays instead of physical visiting.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.12

Date disbursed

Jul 14, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $2.15

Credit risk payment: $1.65

Optional expediting fee: $3.17

Lenders

L

Liz

Nowra, Australia

Black and White Zebra

Vancouver, Canada

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