Selling prepaid phone cards to put myself through college
Dokurugu
Tamale, Ghana
100% repaid
Entrepreneur
Name
Dokurugu
Member since
July 2016
On-time repayments
219 installments • 92%
About Me
ABOUT ME
Born in 1990 in Tamale to Mr. Dokurugu and madam Fati, I grew up in a neighborhood called Choggu Yapalsi ( a suburb of Tamale metropolist ) . Life at childhood was quiet difficult for our family. My father, Dokurugu, was a peasant farmer and my mother a petty trader. Their combined income was not enough to cater for seven (7) children. I had my basic education at choggu yapalsi primary and junior high school as well. i had my senior high school at Tamale Islamic S enior High School. I am currently at Bagabaga College of Education pursuing Science Education.
The worst hardship I faced as a young boy growing up was at the time I had gained admission into college after the demise of my father in 2012. My mother gave me half of the school fees. I labored for a construction company in Tamale for three (3) months in other to get money to add up to what my mother offered so tha my college fees could be paid. I paid my college fees successfully with some cash left at hand. I asked myself what I could do with GHS 600 as a student. should I just spend it anyhow. No!. I thought of starting a business and I finally landed in selling Mobile Phone Credit Cards. This small business helped me to pay the rest of college fees.
I live in a very diverse cultural setting where multiple ethnic groups live together in peace and in harmony. different cultural festivities are celebrated in Tamale due to the diverse nature of those ethnic groups living together. Therefore, Tamale is unique in terms of the diversity of cultural heritage found in the land. I like playing football and reading novels of all kinds
My Business
Credit cards and Mobile Money Business vendor
I am into mobile phone credit cards and mobile money transfer business where I retail in credit cards to customers of all the communication networks in Ghana via MTN, VODAFONE, TIGO, GLO.
The demand for credit cards is in high esteem which is as a result of the fact that communication through mobile phone has become an indelible part of our daily life. Children as young as 8 years now owns a cell phone in Tamale. The market is so huge that I make not less than GHS 30.00 profit per day. This kind of business is lucrative in a sense that profit margin increases on daily basis. I usually place other for credit every two days which normally cost GHS 700.
Averagely, I make GHS 30 profit every day. I usually save GHS 10 every day for reinvestment in to the business. GHS 20 is used for my school fees and home improvement as well.
Loan Proposal
I will use this loan to do mtn mobile money and Vodafone Cash
I will use this loan to purchased more sim cards such as mtn , Vodafone,airtel and tigo..
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$400.00
Date disbursed
May 19, 2019
Repayment status
On Time
Projected term
18 months
Other loans
Lenders
Edegem, Belgium
Brazil
Norway
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Ireland
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United States
Sweden
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Belgium
Summary
Amount repaid
$400.01
Amount remaining
$0.00
Date repaid
Jan 9, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 26, 2019 | $33.33 | May 25, 2019 | $33.33 |
| Jun 2, 2019 | $33.33 | Jun 1, 2019 | $33.33 |
| Jun 9, 2019 | $1.04 | Jun 9, 2019 | $1.04 |
| Jun 16, 2019 | $1.04 | Jun 16, 2019 | $1.04 |
| Jun 23, 2019 | $1.04 | Jun 16, 2019 | $1.04 |
| Jun 30, 2019 | $1.04 | Jun 29, 2019 | $1.04 |
| Jul 7, 2019 | $1.04 | Jun 29, 2019 | $1.04 |
| Jul 14, 2019 | $33.33 | Jun 29, 2019 | $2.07 |
| Jul 14, 2019 | $31.26 | ||
| Jul 21, 2019 | $4.14 | Jul 21, 2019 | $4.14 |
| Jul 28, 2019 | $4.14 | Jul 28, 2019 | $4.14 |
| Aug 4, 2019 | $4.14 | Aug 4, 2019 | $4.14 |
| Aug 11, 2019 | $4.14 | Aug 11, 2019 | $4.14 |
| Aug 18, 2019 | $4.14 | Aug 18, 2019 | $4.14 |
| Aug 25, 2019 | $33.33 | Aug 24, 2019 | $33.33 |
| Sep 1, 2019 | $1.04 | Sep 1, 2019 | $1.04 |
| Sep 8, 2019 | $1.04 | Sep 9, 2019 | $1.04 |
| Sep 15, 2019 | $1.04 | Sep 15, 2019 | $1.04 |
| Sep 22, 2019 | $1.04 | Sep 23, 2019 | $1.04 |
| Sep 29, 2019 | $1.04 | Sep 29, 2019 | $1.04 |
| Oct 6, 2019 | $33.33 | Oct 6, 2019 | $33.33 |
| Oct 13, 2019 | $1.04 | Oct 13, 2019 | $1.04 |
| Oct 20, 2019 | $1.04 | Oct 20, 2019 | $1.04 |
| Oct 27, 2019 | $1.04 | Oct 27, 2019 | $1.04 |
| Nov 3, 2019 | $1.04 | Nov 3, 2019 | $1.04 |
| Nov 10, 2019 | $1.04 | Nov 11, 2019 | $1.04 |
| Nov 17, 2019 | $33.33 | Nov 11, 2019 | $33.33 |
| Nov 24, 2019 | $1.04 | Nov 20, 2019 | $1.04 |
| Dec 1, 2019 | $1.04 | Dec 1, 2019 | $1.04 |
| Dec 8, 2019 | $1.04 | Dec 8, 2019 | $1.04 |
| Dec 15, 2019 | $1.04 | Dec 15, 2019 | $1.04 |
| Dec 22, 2019 | $1.04 | Dec 22, 2019 | $1.04 |
| Dec 29, 2019 | $33.33 | Dec 28, 2019 | $33.33 |
| Jan 5, 2020 | $2.07 | Jan 5, 2020 | $2.07 |
| Jan 12, 2020 | $2.07 | Jan 5, 2020 | $2.07 |
| Jan 19, 2020 | $2.07 | Jan 19, 2020 | $2.07 |
| Jan 26, 2020 | $2.07 | Jan 26, 2020 | $2.07 |
| Feb 2, 2020 | $2.07 | Feb 2, 2020 | $2.07 |
| Feb 9, 2020 | $2.07 | Feb 9, 2020 | $2.07 |
| Feb 16, 2020 | $2.07 | Feb 19, 2020 | $2.07 |
| Feb 23, 2020 | $2.07 | Feb 24, 2020 | $2.07 |
| Mar 1, 2020 | $2.07 | Mar 3, 2020 | $2.07 |
| Mar 8, 2020 | $2.07 | Mar 10, 2020 | $2.07 |
| Mar 15, 2020 | $2.07 | Mar 17, 2020 | $2.07 |
| Mar 22, 2020 | $2.07 | Mar 22, 2020 | $2.07 |
| Mar 29, 2020 | $2.07 | Mar 29, 2020 | $2.07 |
| Apr 5, 2020 | $2.07 | Apr 4, 2020 | $2.07 |
| Apr 12, 2020 | $2.07 | Apr 11, 2020 | $2.07 |
| Apr 19, 2020 | $2.07 | Apr 11, 2020 | $2.07 |
| Apr 26, 2020 | $2.07 | Apr 26, 2020 | $2.07 |
| May 3, 2020 | $2.07 | May 3, 2020 | $2.07 |
| May 10, 2020 | $2.07 | May 8, 2020 | $2.07 |
| May 17, 2020 | $2.07 | May 20, 2020 | $2.07 |
| May 24, 2020 | $2.07 | May 26, 2020 | $2.07 |
| May 31, 2020 | $2.07 | Jun 2, 2020 | $2.07 |
| Jun 7, 2020 | $2.07 | Jun 12, 2020 | $2.07 |
| Jun 14, 2020 | $2.07 | Jun 14, 2020 | $2.07 |
| Jun 21, 2020 | $2.07 | Jun 21, 2020 | $2.07 |
| Jun 28, 2020 | $2.07 | Jun 28, 2020 | $2.07 |
| Jul 5, 2020 | $2.07 | Jul 6, 2020 | $2.07 |
| Jul 12, 2020 | $2.07 | Jul 12, 2020 | $2.07 |
| Jul 19, 2020 | $2.07 | Jul 17, 2020 | $2.07 |
| Jul 26, 2020 | $2.07 | Jul 27, 2020 | $2.07 |
| Aug 2, 2020 | $2.07 | Jul 27, 2020 | $2.07 |
| Aug 9, 2020 | $2.07 | Aug 2, 2020 | $2.07 |
| Aug 16, 2020 | $2.07 | Aug 9, 2020 | $2.07 |
| Aug 23, 2020 | $2.07 | Aug 23, 2020 | $2.07 |
| Aug 30, 2020 | $2.07 | Aug 30, 2020 | $2.07 |
| Sep 6, 2020 | $2.07 | Sep 7, 2020 | $2.07 |
| Sep 13, 2020 | $2.07 | Sep 13, 2020 | $2.07 |
| Sep 20, 2020 | $2.07 | Sep 22, 2020 | $2.07 |
| Sep 27, 2020 | $2.07 | Sep 27, 2020 | $2.07 |
| Oct 4, 2020 | $2.07 | Oct 5, 2020 | $2.07 |
| Oct 11, 2020 | $2.07 | Oct 5, 2020 | $2.07 |
| Oct 18, 2020 | $2.07 | Oct 8, 2020 | $2.07 |
| Oct 25, 2020 | $14.49 | Oct 8, 2020 | $5.18 |
| Oct 10, 2020 | $5.18 | ||
| Oct 26, 2020 | $4.14 | ||
| Nov 1, 2020 | $2.07 | Nov 2, 2020 | $2.07 |
| Nov 8, 2020 | $2.07 | Nov 8, 2020 | $2.07 |
| Nov 15, 2020 | $2.07 | Nov 15, 2020 | $2.07 |
| Nov 22, 2020 | $2.07 | Nov 22, 2020 | $2.07 |
| Nov 29, 2020 | $2.07 | Dec 31, 2020 | $2.07 |
| Dec 6, 2020 | $13.46 | Jan 1, 2021 | $4.14 |
| Jan 9, 2021 | $9.32 | ||
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