Stock of rechargeable cards and other Internet vouchers

Monica

Accra, Ghana

100% repaid

Entrepreneur

Name

Monica

Member since

December 2014

On-time repayments

151 installments  •  78%

About Me

I was previlage to have basic education through to the secondary level which I completed in may 2004,
I travel to the city where I got employed as a sales girl in mobile recharge cards.
it was here that I got the idea of starting something of my own because the income i get as a worker was not enough for me ,so I bought the shop I worked in when my employer put it on sale with the little I saved; maintaining my customers.
though i am now into a full time self employed in the telephony sector as a retailer in recharge card, i have the dream of one day taking distance course in business administration to better myself, my childhood dream i will accomplish one day.
I see this as a step closer to that dream with a stable financial backings.

My Business

My stay in business for the past year is good after the initial battle with keeping customers and staying in business.
The sale of recharge cards is fast moving venture with a low profit margin hence requires much attention and time and these cards are used by almost everybody on daily basis hence the assurance to your regaining of capital invested worst being breakeven.
This has prompt me to adding the sale of phone accessories which they (customers) ask of many a time.
I have a kid and a brother at the basic and secondary education sector respectively who depend on this recharge business.
Its a great relief to hear of this online lending and i hope to a brighter business with this opportunity.
hope this loan too is funded on time to cushion me to my dreams.

Loan Proposal

i have used loans raised from this platform to establish my sales of phone recharge cards and now my shop is a popular place where customers come for such needs.
Now there is a high demand for internet vouchers which i intend upon the successful raising of this loan will start the selling of such vouchers as surfline, busy internet and others internet service providers.
In simple terms, i will use about 30% of this loan into the new product on demand i. e internet vouchers and the remaining 70% into the sales of phone credit cards which has an already booming customers demand.
the returns on the sales of phone cards is variably depended on the rate at which you retail to customers and reimburse from the bulk dealers as your capital and and sales is the unit in which your discounts are determined.
all interest accrued from previous loans have stayed in the business and to support my daily expenses.
i would not have gotten this far in business without your generous contribution as shareholders. i once again look up to you as my financiers to making my place a shopping center for my customers.

Feedback

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None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$736.00

Date disbursed

Nov 21, 2016

Repayment status

On Time

Projected term

4 months

Lenders

N

nonnenore

Cashiers, NC, United States

Scott

Oregon, United States

sebastienrosa

Quebec, Canada

R

rmacaw

Australia

H

hilde

seattle, United States

KirstenShute

Montreal, Canada

G

graememoss

Amsterdam, Netherlands

Darrylb

Heber City, United States

Mannysgirl

Surrey, Canada

MicroFinancier

New York, United States

R

rholden

glen iris, Australia

G

Goodwill

Oakland, United States

mtnsailor

Harrisonburg, United States

P

Prysdahl

Marshall, United States

T

tjgiving

Oakland, United States

N

Neveda

Flagstaff, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

JonB

London, United Kingdom

H

Habroukema

Austin, United States

Sodermansb

Raleigh, NC, United States

M

Margi

Littleton, United States

M

MarkKrakow

Joliet, United States

Y

Yasmine

Edinburgh, United Kingdom

P

pitypang

Switzerland

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

B

bugdaniel

Switzerland

joshuacollinson

Vienna, Austria

mepster

San Francisco, Ca, United States

belvi

Hoogeveen, Netherlands

TyrynyRed

United States

Buzzel

Frankfurt, Germany

Grant Xavier Storer

Seattle, Wa, United States

Otto Barten

Amsterdam, Netherlands

P

Prometheus

Duisburg, Germany

M

me.iulian

Iasi, Romania

Dunfy

United Kingdom

Rachael101

Brisbane, Australia

NathanMoore

United States

C

Crainster

Chapel Hill, United States

AKWatson3

Norwalk, United States

HL

Holly Laird

Austin, United States

V

vasco27

Portugal

K

Kristiina

All Countries

ZH

zoe henley

United Kingdom

M

MatzeFR

Frankfurt, Germany

J

Joas

Hannover, Germany

UN

Uwe Neumann

Frankfurt Germany, Denmark

FATman

Frankfurt, Germany

SL

Samuel Le

Seattle, WA, United States

RM

Robbie McCullagh

Waverton, Australia

Robin Goodfellow

Vancouver, British Columbia, Canada, Canada

Lukas Petereit

Frankfurt, Germany

W

Wade

United States

J

Jernej

Ljubljana, Slovenia

C

Chitti421

United States

D

dabatate

Saarbrücken, Saarland, Germany

Carla

Amsterdam, Netherlands

PG

Paul Graham

United States

Aran Dunlop

United States

TC

Tricia Caruso

United States

Kyle Holohan

United States

I

Irene

Switzerland

DL

Dan Lawrence

United States

R

rzb

Germany

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

A

Adam

United Kingdom

AK

Achim Königs

Bonn, Germany

Eugen Stamm

Zurich, Switzerland

Heidy

N J, United States

EB

Ellen Batten

Kalamazoo, Michigan, United States

MK

Mic Ko

United Kingdom

SH

Steven Huntington

London, United Kingdom

Carlo Cruz

Cincinnati, OH, United States

GT

Geoff Tucker

United States

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

L

LK

United States

Ondrej Gutten

Prague, Czech Republic

Y

YTSJ

London, United Kingdom

Tam Thao Nathan

United States

NS

Nielson Santana

Recife, Brazil

S

stevensau

United States

R

Rolands

Taichung, Taiwan

K

Katka

St Albans, United Kingdom

FJ

Flo Jo

United States

T

tonym

Australia

GG

Gituru Gitumbi

Seattle, United States

J

Jon

United States

MF

Marissa Fiore

United States

V

Vidar

Oslo, Norway

DS

Dana Smith

United States

S

Stephanie

Zurich, Switzerland

AC

Aaron Curtis

United States

I

isaac

United Kingdom

DK

Danny Kelly

United States

J

jerod

United States

RC

Rudi Chen

United States

P

patrick

United States

J

Julie

United States

B

Boris

Bern, Switzerland

SB

Sue Bucholz

Sacramento, United States

MB

Mark Blatter

United States

SA

Steve A

Newbury, United Kingdom

HPK

Switzerland, Switzerland

BW

Betty Waweru

United States

Angela Linwood

Minneapolis, Minnesota, United States

Jes-c

United States

B

Brett

Australia

SG

Suresh Gadad

United States

J Laufs

Germany

SS

Sam Smithson

United Kingdom

I

ixeldog

atlanta, United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

L

Linn

United Kingdom

Sinan Taifour

Munich, Germany, Germany

L

Laura

San Francisco, United States

DP

Doug Pennock

United States

JM

Jane Mattoon

United States

emilio

Sestri Levante, Italy

J

Jon

United States

Martin Kraus

Traiskirchen, Austria

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Marius Lohri

Switzerland

Cora and Andi

Frankfurt, Germany

JA

Joshua Axtell

United States

SM

Sue MacFarlane

United Kingdom

Katie

United States

Day Family

Melbourne, Australia

A

Ari

United Kingdom

VC

Victor Chong

United States

HD

Hardik Desai

United Kingdom

BE

Bob Ewing

United States

JD

JASON DORSETT

United States

V

VJ

Canberra, Australia

RH

Robert Harris

United States

LS

Lizzie Stark

United States

JZ

Julia Zaks

United States

BP

Bill Piper

United States

E

Ejvin

United States

SS

Sara Sobota

United States

L

Lillian

United States

MP

Marieke Peeters

Amsterdam, Netherlands

P

Petra

Switzerland

Haroon S

United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

The Weltys

Averill Park, NY, United States

Samuel

Ottawa, Canada, Canada

GS

Gary Sinard

Franklin, TN, United States

EC

Edward Conrads

San Francisco, United States

R

Raffins

United States

E

Earl

Australia

KK

Kurt Kellner

United States

G

Gregory

Australia

M

Mack

Harbor, Oregon, United States

Brent Gillespie

Little Rock, United States

A

anna

Sacramento, California, United States

AS

Amy Shearer

United Kingdom

A

Arian

Belgium

Salvatore Martello

New York, New York, United States

R

RMIM

United States

SS

Sarah sewall

United States

D

duga

United States

DW

Dan Winetsky

United States

AS

A.J. Simmons

United States

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

Bryce Bow

Bloomington, In, United States

AH

Antioch House Church

Kansas City, Kansas, United States

RH

Rachel Hipp

United States

Ask Monica 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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Summary

Amount repaid

$735.73

Amount remaining

$0.00

Date repaid

Apr 16, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 4, 2016 $38.39 Dec 4, 2016 $38.39
Dec 11, 2016 $38.39 Dec 11, 2016 $38.39
Dec 18, 2016 $38.39 Dec 19, 2016 $38.39
Dec 25, 2016 $38.39 Dec 25, 2016 $38.39
Jan 1, 2017 $38.39 Jan 1, 2017 $38.39
Jan 8, 2017 $38.39 Jan 8, 2017 $38.39
Jan 15, 2017 $38.39 Jan 15, 2017 $38.39
Jan 22, 2017 $38.39 Jan 22, 2017 $38.39
Jan 29, 2017 $38.39 Jan 29, 2017 $38.39
Feb 5, 2017 $38.39 Feb 19, 2017 $38.39
Feb 12, 2017 $38.39 Feb 19, 2017 $38.39
Feb 19, 2017 $38.39 Mar 5, 2017 $38.39
Feb 26, 2017 $38.39 Mar 5, 2017 $38.39
Mar 5, 2017 $38.39 Mar 5, 2017 $38.39
Mar 12, 2017 $38.39 Mar 12, 2017 $38.39
Mar 19, 2017 $38.39 Apr 12, 2017 $38.39
Mar 26, 2017 $38.39 Apr 12, 2017 $38.39
Apr 2, 2017 $38.39 Apr 12, 2017 $38.39
Apr 9, 2017 $38.39 Apr 12, 2017 $38.39
Apr 16, 2017 $6.40 Apr 16, 2017 $6.40

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