Selling prepaid mobile-phone credit
Emmanuela
Wenchi, Ghana
51% repaid
Entrepreneur
Name
Emmanuela
Member since
May 2019
On-time repayments
87 installments • 80%
About Me
Am pharmaceutical student at sunyani polytechnic University. Am currently level 100 student but my entrepreneurship life start at a tender age, where I used to help my mum to sell her farm produce in the market. So I started my tertiary education I discovered that getting a recharge card to buy to loan it on your phone was an issue on my hostel, especially in the night when you needed it for research purpose. So I decided to start selling these recharge card like MTN, VODAFONE, Airtel-tigo.
My Business
As every business start with little resource available, I started my business without money I will credit the credit cards from the agent and come and resell them. After selling it all I will take my profit and send his to him and take another one and repeat such circle till now that I buy it with profit I've been making at the time I used to credit them. At the moment I've been making 2150GHC per week of which 1800GHC is my profit to keep. I save some and keep some to keep my business running.
Loan Proposal
School and business has resume from the Christmas break and it's time to replace all the money people spend during the Christmas. This makes my credit business boom as credit card are essential in to days business. The loan will be used to purchase credit cards and transferable one to resell to make profit. 50% of the profit will be reinvested into my business and the rest will be used to support my education. Please help fund it fast for me as you have been doing it for me. Thank you.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,151.00
Date disbursed
Jan 22, 2020
Repayment status
Late
Projected term
13 months
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Margaret Nov 4, 2019
Ray Oct 21, 2019
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