Otoo's mobile money ventures

Francis

Elmina,amoanda, Ghana

100% repaid

Entrepreneur

Name

Francis

Member since

September 2015

On-time repayments

36 installments  •  86%

About Me

Francis Otoo is my name. I started school at AME Zion at Cape Coast at the age of 5 years. And I completed JSS at the age of 16years. Through my hard work I gain an admission to Secondary school(Cape Coast Technical Institute) and I completed at the year 2005.
After I completed secondary school life became so hard,so I decided to start established my own business. I started doing MTN mobile money and also selling credit cards and transfer.
Where I live is a hospitality area and well hygienic area. Is a residential area.
I want my children to grow up to become a responsible my family. I want my son to be a doctor and my daughter to become a teacher.
I like football and volleyball.

My Business

I started MTN mobile money at Amoanda, Elmina.I choose to do this business because is the one of fastest growing lucrative business in Ghana. Nowadays people find it difficult to go to bank when they are depositing or making withdrawal they rather choose to put their money in their money mobile.
When you choose fifty people,40 peoples will choose mobile money than bank because it makes transaction easier.
My typical cost is Ghc 2000 and my typical revenue is ghc100-200 monthly.
I will used my profit to pay for my children school fees.

Loan Proposal

I will used $10 to buy E-cash and the remaining amount to buy credit cards.
This will create a lot of benefit to me and others because people will send money to their friend and their relatives to wherever they are.
Since it is a business, I want my profit to be increase from $30-50.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Nov 17, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

S

Staf

Humbeek, Belgium

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

R

RMIM

United States

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

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  • Francis    Jan 8, 2018

    Yes I have received the money in few minutes pass.yea i used it to buy E-cash and other phone credit cards and other items into my shop.I always thank Zidisha for helping me,thanks goes to Zidisha Management.

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  • Francis    Dec 23, 2017

    I used it to buy E-cash and mobile phone also expanded my shop. It helps me to get some profit to taking care of my children such as to my children School fees, books and clothes for them. Yeah ever since I joined Zidisha my life has never been the same my life has been changed through Zidisha,I thank them for help me always.

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  • Wade    Dec 22, 2017

    Best of luck!

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  • Francis    Nov 9, 2017

    I used it to buy E-cash and credit cards into my shop. It has bring great different into my life,perhaps it changed my life completely.I earning increase from$ 150-250 and I used it to E-cash and other credit cards and phone battery's .since I ever join Zidisha my life has been changed, now I can paid my children School fees .In some holidays I take my family to every attracting place like kukum Park.

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  • Francis    Sep 24, 2017

    The payment of 17-09-2017, I have been paid through the Zidisha machant account number so please check it for me.thanks

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  • Francis    Sep 23, 2017

    I have been paid on 17th Sept. 2017,loan with an amount of Gh 35.00 through your merchant account number so please check it for me. thanks

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  • Francis    Sep 6, 2017

    Yes I have received it on my MTN mobile account with an amount of GH 176.00. Like I said I used it to buy phone credit cards and E-cash.Thanks Zidisha for supporting me thanks Zidisha

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  • Francis    Aug 30, 2017

    I used it to buy it to buy phone credit cards and E-cash.It help me to expand my business with easy to operate with phones credit cards and E-cash and it helps me to get some to pays my children School fees also. I therefore thanks Zidisha for long time working with me,thanks Zidisha long live Zidisha God bless.

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  • Francis    Aug 19, 2017

    I have been post my loan application form close to two weeks now but I have not received the money.Thanks

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  • Francis    Aug 17, 2017

    I used it to buy E-cash and expand my business also. Yea it made me difference because always I received money every day every hour. It have been increased up to Gh 150-200.Infact since I joined Zidisha I got a lot of benefits from it,i can some of benefit to pay my children School fees and so many things. every year Elmina and Cape Coast cebrating festivals,Elmina festival cebrating in month of July once a year and Cape Coast cebrating festival once in month of September in year.thanks Zidisha the best

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  • Francis    Aug 6, 2017

    I once again thank you for giving me another opportunity. Since I joined Zidisha things has been good and I thank you so much. I will used this loan for mobile money to buy e-cash.
    This purchase has made a lot of difference in my life.
    It is a business investment so my earns has increased now because I have to put in some money so that I can gain more.
    I used my increased earning to pay for my children school fees and used some to cater for my junior brother.
    I have achieved a lot since joining Zidisha.
    I like football and snooker.

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  • Francis    Mar 3, 2017

    Yes I have received the money may be around 6:30pm today.I used to buy E-cash and phone credit cards. I therefore thanks Zidisha so much for me.Zidisha no size you are number one in the World.

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  • Francis    Mar 3, 2017

    Yes I have received the money may be around 6:30pm today.I used to buy E-cash and phone credit cards. I therefore thanks Zidisha so much for me.Zidisha no size you are number one in the World.

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  • Francis    Mar 1, 2017

    I used to buy phone credit cards and E-cash. It helps me to expand my business into difference level.I thanks them so much for helping me.

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  • Francis    Feb 27, 2017

    I once again thank you for giving me another opportunity. Like I said earlier I will use it to buy E-cash and also used some to buy new phone.
    This has make a lot of different in my life because, I was not doing anything just sitting a home doing nothing but since o started this business things are moving well.
    Yes,is a business investment and my has increased from Ghc100-150.
    I have used my increase earning to pay for my children school fees.
    We have festival which we celebrated here every year call Edina Bekatue.

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  • Francis    Nov 17, 2016

    Yes I have received the money today and I Will used to bought E-Cash and MTN Cards and some other Cards to operate Business,Thanks Zidisha you are the Best.

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  • Francis    Nov 16, 2016

    I once again thank you for giving me this opportunity, like I said earlier,I will used it to buy E-cash and the rest for credit cards.
    This will help the people in my community to gain more since it a money transfer people will transaction to their relative's and friends day to day.
    I thank you for helping me,Zidisha you are the best...

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  • Francis    Sep 19, 2016

    I have received the money successfully, thank you so much for your help. Zidisha you are the best.

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  • Francis    Sep 8, 2016

    I will used this loan to buy E-Cash to do MTN mobile and this will help people in my community not to go outside of my community to do some.
    I once again thank you so much for your help.

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