A loan to open mobile money services

Iddrisu Andani

Tamale, Ghana

16% repaid

Entrepreneur

Name

Iddrisu Andani

Member since

July 2017

On-time repayments

27 installments  •  11%

About Me

Born in Savelugu in 1980, I had my primary education at the same town and senior high school at Tamale. I obtain Diploma in Business Studies at the Tamale Polytechnic via my tertiary education. I live in the northern regional capital, Tamale. I am married with two kids. My house is located along the Tamale/Kumbungu road with house number 94 filling point. I run and manage my own business right at the central business district of Tamale and that is MTN Mobile Money Merchant. I also sell credit cards.

My Business

Due to high rate of unemployment r in my country Ghana, I manage to establish my own business venture after 2 years of searching for job and not getting one. I operate MTN Mobile Business which basically involve accepting deposits and payments from mobile money subscribers. I also sell credit cards of all mobile networks that operate in Ghana. Averagely, I make GHS 40.00 to GHS 60.00 on daily basis. I have a vision of opening new branches in other areas of the city and that is why I joined zidisha community.

Loan Proposal

I seek for a loan in other to improve upon my business. I want to establish a mobile money vendor alongside the mobile credit sales which i have been doing for over three years now. i will use the money as a start-up capital for this business. this idea is birthed due to the demands of my customers who constantly ask for mobile money services. I see such demands as an opportunity for me to expand my business and that is why applied for this loan. I pledge to pay the loan on-time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$291.00

Date disbursed

Nov 9, 2017

Repayment status

Late

Projected term

5 months

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Summary

Amount repaid

$46.51

Amount remaining

$244.20

Expected completion

May 5, 2018

Status

Repaying late

Installment amount

$11.63

Repayment History

Expected Payments Actual Payments
Nov 18, 2017 $11.63 Nov 18, 2017 $11.63
Nov 25, 2017 $11.63 Jan 20, 2018 $11.63
Dec 2, 2017 $11.63 Jan 20, 2018 $11.63
Dec 9, 2017 $11.63 Nov 12, 2018 $11.63
Dec 16, 2017 $11.63
Dec 23, 2017 $11.63
Dec 30, 2017 $11.63
Jan 6, 2018 $11.63
Jan 13, 2018 $11.63
Jan 20, 2018 $11.63
Jan 27, 2018 $11.63
Feb 3, 2018 $11.63
Feb 10, 2018 $11.63
Feb 17, 2018 $11.63
Feb 24, 2018 $11.63
Mar 3, 2018 $11.63
Mar 10, 2018 $11.63
Mar 17, 2018 $11.63
Mar 24, 2018 $11.63
Mar 31, 2018 $11.63
Apr 7, 2018 $11.63
Apr 14, 2018 $11.63
Apr 21, 2018 $11.63
Apr 28, 2018 $11.63
May 5, 2018 $11.63

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