Loan to help maintain supply of mobile services to customers
Monica
Accra, Ghana
$0 to go
100% funded of $925 goal
0
days left
Entrepreneur
Name
Monica
Member since
December 2014
On-time repayments
151 installments • 78%
About Me
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 Business
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.
Loan Proposal
i will use about 50%of this loan to help in the running of the supply of phone credit cards as i have with other loan to help maintain my customers.
Mobile money is one of the booming business which is related to what i deal with and as such 50% of this loan will i channel into providing this essential service to my clients.
for the past years , this venture have held on to the principle of maintaining all its profits in the business for it to attain a status where the network providers in the country will recognize it as one their key vending points where their recharge cards are sold.so as to cancel the actions of middlemen.
this loan is of a major step towards that dream i wish shareholders and lenders on this platform will come to the aid of this venture once more.
Dear Lenders, i appeal to your regular support for this business as it would not have come this far without support and i look forward to have you as shareholder.
thanks for helping.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$925.00
Date disbursed
Jun 13, 2018
Repayment status
Late
Projected term
3 months
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