Loan to expand my mobile money business
Osei
Asuotiano Brong Ahafo, Ghana
100% repaid
Entrepreneur
Name
Osei
Member since
June 2017
On-time repayments
32 installments • 50%
About Me
My name is Osei Emanuel I'm from Asuotiano which is at Dormaa east. I have completed my junior high school and I couldn't feather because of financial problems I have ever stayed with my mother because I lost my father I was at the age of 12. After completing Junior High School I started small small jobs for people of which I was making small savings. I was making savings because I had a motive of establishing mobile money business and a credit transfer. I saved till I got 200 Ghana cedis which i was hoping to get more for this business but at this time, my mother fell sick and she had nothing on her so I had to use this money on her instead of my business this never discouraged me because I started saving again . I came to know that it was good to use the money on my mom So I started making business again and now as
I speak I am operating as a mobile money Merchant at the same time I do credit transfer
My Business
I sell credit card
I do mobile money
And credit transfer
I choosed this because that was what I could afford to do
My savings helped me do this
I always invest because the money I use for the mobile money is not much.
Loan Proposal
Since am a mobile money merchant the money I use is too small so I think with the help of this loan It will help me earn much profit
The money I had wasn't enough because I used some to buy credit.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$24.00
Date disbursed
Aug 25, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$23.95
Amount remaining
$0.00
Date repaid
Nov 6, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 4, 2017 | $2.40 | Sep 4, 2017 | $2.40 |
| Sep 11, 2017 | $2.40 | Sep 11, 2017 | $2.40 |
| Sep 18, 2017 | $2.40 | Sep 18, 2017 | $2.40 |
| Sep 25, 2017 | $2.40 | Sep 25, 2017 | $2.40 |
| Oct 2, 2017 | $2.40 | Oct 2, 2017 | $2.40 |
| Oct 9, 2017 | $2.40 | Oct 10, 2017 | $2.40 |
| Oct 16, 2017 | $2.40 | Oct 20, 2017 | $2.40 |
| Oct 23, 2017 | $2.40 | Oct 28, 2017 | $2.40 |
| Oct 30, 2017 | $2.40 | Nov 3, 2017 | $2.40 |
| Nov 6, 2017 | $2.40 | Nov 6, 2017 | $2.40 |
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