Name
Alhaji
Member since
October 2016
On-time repayments
38 installments • 84%
i started school at Berekum . i over this hardship when my caretaker died and later l want to stay with a family relatives unforturnately for me there was and explosion from a feeling station which catches fire and all then house were burnt. a friend gave me a loan to start a business. Berekum is a town which has a high rate of Hospitality. i want my children to get to a high level before l will introduce them to business. i u send to watch football and watching movie. i really like my business because i am able to use it for my expenses.I entered into the business of mobile phones.Ghanaian people are more adaptive to mobile phones as a result high and more business.
i selling mobile phone because every day people want to communicate with their business partner and relatives. because the demand of mobile phone are very , very high and if we have fewer people in this business due to that fact purchase is very fast and profit too is very high . if demand is high profit also inncrese its rate. because of the high demand i chose this business. i will use the profit to invest in my children education and inventory . due to high percentage of people who use it, 90% petronization increase day in day out. so I am encourage other to enter into this business.about90%of the people in Ghana are using phone and more often addictive to New brand into the market.inview of that day day out petronization increase in every day.So I will entreat other colleges to get into this business.petronization of mobile is very high.
i will use this for inventory because there is a high demand and if the demand is high profit also inncrese . because less people are into this business . day in day out the purchase inncrese at a faster rate.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Oct 31, 2016
Repayment status
On Time
Projected term
6 weeks
Other loans
Amount repaid
$20.31
Amount remaining
$0.00
Date repaid
Dec 9, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 11, 2016 | $3.86 | Nov 4, 2016 | $3.86 |
Nov 18, 2016 | $3.86 | Nov 11, 2016 | $3.86 |
Nov 25, 2016 | $3.86 | Nov 18, 2016 | $3.86 |
Dec 2, 2016 | $3.86 | Nov 25, 2016 | $3.86 |
Dec 9, 2016 | $3.86 | Dec 3, 2016 | $3.86 |
Dec 16, 2016 | $1.03 | Dec 9, 2016 | $1.03 |
Ask Alhaji a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.