Need more capital for mobile-money business
Charles
Prestea, Ghana
100% repaid
Entrepreneur
Name
Charles
Member since
February 2016
On-time repayments
84 installments • 89%
About Me
My name is Charles , a nurse and entrepreneur. My passion is business and trading. My vision in life is to create a residual income. And will not work for the government till retirement. I established the business at age 18. Now I have made a head way, things are moving on smoothly because of the kindness of Zidisha lenders. My role model is Robert Kiyosaki.
My Business
People travel long distance before they can access the mobilemoney service so i cease that opportunity and established moneg transfer business. Look forward to adding printing , photocopying and sale of phones. Basically it involves sending money to friends and love ones. My average income is $300 monthly which goes into reinvestment.
Loan Proposal
I intend to add the money I will raised to boost my business. The nature of the work is that the more money you have for the business the greatest your profit because when money is available for service that is when profit comes. The money will further improve services. Currently I have a capital of 600$. So I will be able to load electronic cash of about $762 which will be able to fetch me a profit of $13 daily. Therefore I will be able to payoff the loan and also open up my business. In future I wish open up my business by adding photocopy shop and sales of pen drive, phone accessories and watches which more profitable in my area.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$174.00
Date disbursed
Jun 11, 2016
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Summary
Amount repaid
$182.78
Amount remaining
$0.00
Date repaid
Sep 20, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 18, 2016 | $3.94 | Jun 18, 2016 | $3.94 |
| Jun 25, 2016 | $1.31 | Jun 27, 2016 | $1.31 |
| Jul 2, 2016 | $0.00 | ||
| Jul 9, 2016 | $3.94 | Jul 5, 2016 | $3.94 |
| Jul 16, 2016 | $13.15 | Jul 18, 2016 | $13.15 |
| Jul 23, 2016 | $18.41 | Jul 24, 2016 | $18.41 |
| Jul 30, 2016 | $18.41 | Aug 1, 2016 | $18.41 |
| Aug 6, 2016 | $18.41 | Aug 5, 2016 | $18.41 |
| Aug 13, 2016 | $18.41 | Aug 15, 2016 | $18.41 |
| Aug 20, 2016 | $18.41 | Aug 19, 2016 | $18.41 |
| Aug 27, 2016 | $13.15 | Aug 27, 2016 | $13.15 |
| Sep 3, 2016 | $13.15 | Aug 31, 2016 | $13.15 |
| Sep 10, 2016 | $21.04 | Sep 10, 2016 | $21.04 |
| Sep 17, 2016 | $21.04 | Sep 20, 2016 | $21.04 |
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