Monica
Accra, Ghana
100% repaid
Name
Monica
Member since
December 2014
On-time repayments
151 installments • 78%
I was previlage to have basic education through to the secondary level which I completed in may 2004,
I travel to the city where I got employed as a sales girl in mobile recharge cards.
it was here that I got the idea of starting something of my own because the income i get as a worker was not enough for me ,so I bought the shop I worked in when my employer put it on sale with the little I saved; maintaining my customers.
though i am now into a full time self employed in the telephony sector as a retailer in recharge card, i have the dream of one day taking distance course in business administration to better myself, my childhood dream i will accomplish one day.
I see this as a step closer to that dream with a stable financial backings.
My stay in business for the past year is good after the initial battle with keeping customers and staying in business.
The sale of recharge cards is fast moving venture with a low profit margin hence requires much attention and time and these cards are used by almost everybody on daily basis hence the assurance to your regaining of capital invested worst being breakeven.
This has prompt me to adding the sale of phone accessories which they (customers) ask of many a time.
I have a kid and a brother at the basic and secondary education sector respectively who depend on this recharge business.
Its a great relief to hear of this online lending and i hope to a brighter business with this opportunity.
hope this loan too is funded on time to cushion me to my dreams.
the sale of phone accessories and recharge cards is in high demand so I will use this loan to stock its supply
the stocking of these goods(phone accessories and recharge cards) will help me to maintain customers thus halting directing customers elsewhere for products I deal in.
keeping my customers is my means of raising my profit margin and secure my family's sustenance.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 7, 2015
Repayment status
On Time
Projected term
7 weeks
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Amount repaid
$108.33
Amount remaining
$0.00
Date repaid
Feb 16, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 18, 2015 | $15.33 | Jan 17, 2015 | $15.33 |
Jan 25, 2015 | $15.33 | Jan 21, 2015 | $15.33 |
Feb 1, 2015 | $15.33 | Jan 21, 2015 | $1.33 |
Jan 28, 2015 | $14.00 | ||
Feb 8, 2015 | $2.67 | Jan 28, 2015 | $2.67 |
Feb 15, 2015 | $16.67 | Feb 4, 2015 | $16.67 |
Feb 22, 2015 | $16.67 | Feb 13, 2015 | $16.67 |
Mar 1, 2015 | $26.33 | Feb 16, 2015 | $26.33 |
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