Nchosan
Tamale, Ghana
13% repaid
Name
Nchosan
Member since
February 2019
On-time repayments
58 installments • 10%
My mother died when I was six (6) years old, followed by my uncle and my father also when I was in Primary school. My Brethren and I have struggled with life and have to labor and do all kinds of jobs to enable us feed and for me to school.
In fact situations push me to look for something that will help get extra income in order to get money to school and to help my brethren feed.
However, with that I am now doing a Diploma course with the University of Development Studies as a result of the business and other work that we do.
I like travelling and reading of story books
I am into mobile money transactions, buying of food stuff to sell and other petty trading which have demand in the area where I stay.
The demand for the services I provide is high. The communities around me easily access mobile money, get call cards and others. I only need funds to expand the business for more profit. My capital is from personal savings and my little profit I reinvest.
At least i get 70% profit
I wish to expand my business to help me get more money to take good care of myself and my brethren.
With my loan I will buy Photocopier IR 1024 that can also serve as a printer and a desktop computer which I will used for secretariat services in the area of typing, printing, photocopy and others. My business center is far from town and people travel to town to get those services. And having it at my business center will be great again as some people have been asking whether I can not add that one to my business. I believed it will increase my profit to 65% and people around will no longer go far for those services.
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$712.00
Date disbursed
Mar 27, 2019
Repayment status
Late
Projected term
12 months
Other loans
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