Name
Cephas
Member since
October 2016
On-time repayments
64 installments • 42%
A businesses oriented young professional with aim of realising financial independence both for myself and the people I employ more so as I champion financial inclusion to the unbanked.
Mobile financial services being a part of the emerging DFS that are a competitive option to traditional banking services.
This loan will be used to recapitalize the already existng mobile money business bu increasing float for the mobile money retail outlets. The demand for the business has grown but is slowed down by low float. An increase in float for the two mobile money retail outlets currently available will help increase profitability by atleast 50%.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$631.00
Date disbursed
May 21, 2017
Repayment status
On Time
Projected term
6 months
Other loans
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