More cement and funds for my mobile money business

Mawunyo

Asokore, Ashanti, Ghana

Funds disbursed

$0 to go

100% funded of $115 goal

0

days left

Entrepreneur

Name

Mawunyo

Member since

November 2016

On-time repayments

39 installments  •  62%

About Me

I am called KWASIKUMA Cudjoe MAWUNYO,am born into a family of nine, and though I being not the first chid to my parents I played the role of the first kid to them by taking care of the young ones, also caring for animals in the house. This has motivated my family all to support my education, even though my parents were not against my schooling but there some challenges with regard to the paying of my school fee,and God supported me through other family members to help pay the fees,and now am also a family head of about seven (7)all are boys and the eldest child has completed Senior high school.

My Business

The business venture I deal with is of two,the major one is cement,I sell cement on a smaller Scale and I could sell more than hundred (100) bags a week, though it depends on each daily market, when the market is good I could seel more than the normal hundred(100) weekly sales. The other one is the local name for it in Ghana is called Mobile money transfer and the ordinary credit(units) transfer which is also a lucrative business ,the cost is $$300usd to start with, , and the lastly am a professional and a graduate teacher where I received my monthly salary, this helps me get regular income to take care of my family.I also get regular income on my business to pay my kids school fee, this helps me reduce pressure on me.

Loan Proposal

I want to use this loan for the purchase of more cement$150 usdollars for about 20 bags, also I will use the loan in my mobile money business and the unit transfer, and the cost of it is$ 50usdollars,this will help make profit to pay my children school fee, I could make a normal profit as $22usdollars a day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$115.00

Date disbursed

May 10, 2018

Repayment status

Late

Projected term

6 weeks

Lenders

CN

Craig Newmark

United States

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