Purchase of recharge cards for retailing

Debora Balon

Zebilla, Ghana

13% repaid

Entrepreneur

Name

Debora Balon

Member since

October 2016

On-time repayments

75 installments  •  8%

About Me

I am in the person of Debora Balon Moitun. The second born of my family. I have faced many challenges and hardships in my life after the death of my father, the bread winner of the family. I had to go to school without food sometimes. Through these hardships, I never let myself down but fought hard to complete my junior high education. Currently, I am in second year of my secondary school education. This would not have been possible without my mother's support.

My Business

I started the business of retailing of recharge cards when I was in Junior High School. These recharge cards include MTN, Vodafone, Airtel and Tigo. The increasing number of people using mobile phones demand that recharge cards are bought in order to get connected to family and friends. It was based on this idea that I ventured into the the business. Though I am in school now but I still have care taker who is doing very great in the management of the business. It has help me paying for my school fees.

Loan Proposal

I will buy 20 pieces of MTN recharge cards, 10 pieces of Vodafone recharge cards and 10 pieces of Airtel recharge cards all valued at 40 US dollars. The stock will enable me generate income to support my education and also cater for my family members since it not easy for my mother alone to take care of the entire family. Some of the profit gotten will used to recapitalise the business for the business to grow.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Oct 31, 2016

Repayment status

Late

Projected term

17 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$2.57

Amount remaining

$17.74

Expected completion

Apr 14, 2018

Status

Repaying late

Installment amount

$0.26

Repayment History

Expected Payments Actual Payments
Nov 12, 2016 $1.29 Nov 12, 2016 $1.29
Nov 19, 2016 $0.26 Nov 26, 2016 $0.26
Nov 26, 2016 $0.26 Nov 26, 2016 $0.26
Dec 3, 2016 $0.26 Nov 26, 2016 $0.26
Dec 10, 2016 $0.26 Nov 26, 2016 $0.26
Dec 17, 2016 $0.26 Nov 26, 2016 $0.26
Dec 24, 2016 $0.26
Dec 31, 2016 $0.26
Jan 7, 2017 $0.26
Jan 14, 2017 $0.26
Jan 21, 2017 $0.26
Jan 28, 2017 $0.26
Feb 4, 2017 $0.26
Feb 11, 2017 $0.26
Feb 18, 2017 $0.26
Feb 25, 2017 $0.26
Mar 4, 2017 $0.26
Mar 11, 2017 $0.26
Mar 18, 2017 $0.26
Mar 25, 2017 $0.26
Apr 1, 2017 $0.26
Apr 8, 2017 $0.26
Apr 15, 2017 $0.26
Apr 22, 2017 $0.26
Apr 29, 2017 $0.26
May 6, 2017 $0.26
May 13, 2017 $0.26
May 20, 2017 $0.26
May 27, 2017 $0.26
Jun 3, 2017 $0.26
Jun 10, 2017 $0.26
Jun 17, 2017 $0.26
Jun 24, 2017 $0.26
Jul 1, 2017 $0.26
Jul 8, 2017 $0.26
Jul 15, 2017 $0.26
Jul 22, 2017 $0.26
Jul 29, 2017 $0.26
Aug 5, 2017 $0.26
Aug 12, 2017 $0.26
Aug 19, 2017 $0.26
Aug 26, 2017 $0.26
Sep 2, 2017 $0.26
Sep 9, 2017 $0.26
Sep 16, 2017 $0.26
Sep 23, 2017 $0.26
Sep 30, 2017 $0.26
Oct 7, 2017 $0.26
Oct 14, 2017 $0.26
Oct 21, 2017 $0.26
Oct 28, 2017 $0.26
Nov 4, 2017 $0.26
Nov 11, 2017 $0.26
Nov 18, 2017 $0.26
Nov 25, 2017 $0.26
Dec 2, 2017 $0.26
Dec 9, 2017 $0.26
Dec 16, 2017 $0.26
Dec 23, 2017 $0.26
Dec 30, 2017 $0.26
Jan 6, 2018 $0.26
Jan 13, 2018 $0.26
Jan 20, 2018 $0.26
Jan 27, 2018 $0.26
Feb 3, 2018 $0.26
Feb 10, 2018 $0.26
Feb 17, 2018 $0.26
Feb 24, 2018 $0.26
Mar 3, 2018 $0.26
Mar 10, 2018 $0.26
Mar 17, 2018 $0.26
Mar 24, 2018 $0.26
Mar 31, 2018 $0.26
Apr 7, 2018 $0.26
Apr 14, 2018 $0.26

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