Loan to make a small shop to sell phone voucher/credit
George
Suhum, Ghana
19% repaid
Entrepreneur
Name
George
Member since
January 2016
On-time repayments
77 installments • 32%
About Me
Am a university graduate with a Bsc Statistics and Mathematics degree from the University of Cape Coast, Ghana. I completed Suhum Secondary Technical School with a SSSCE certificate in 2005. I worked in many places after my Secondary education. I worked in an Agrochemical shop, Savings and loan facility and as a mobile phone credit seller. I did all this to to gather money to fine my university education. Now i have completed my first degree programme and serving my nation as a National Service Personnel. I love helping people academicall and financially if the need arise. Is my plan to establish an NGO to help the needed.
My Business
I sell mobile phone vouchers/credits when i was in the University, and now still selling it at home and the work place. In Ghana we about six mobile communication companies and I buy their mobile phone vouchers/credits and sell it to my friends, colleagues, family members and anyone who need to buy mobile phone voucher/credit.
Now I want to expand my business by getting a small shop where I can sell from. I want to first buy a table , a big umbrella and a chair to use it to operate to the general public.
This will help me get more clients aside my friends and families. The income will be save to make the shop and also bring on board Mobile Money services.
Loan Proposal
I need GHC 393 to help me make a small shop to operate and sell mobile phone vouchers or credits to the general public. Now I only sell to my friends, colleagues and family at home, workplace and anywhere I meet them . Part of the loan (GHC 150) will be used to buy a small table, a big umbrella and a chair to use to operate the business to the general public. The rest of the money will be used to buy more credit vouchers. Selling on the table under the umbrella will help me get more clients aside my friends and families. Income from the business will be saved towards making the shop and later bring on board Mobile Money services.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$102.00
Date disbursed
Aug 8, 2016
Repayment status
Late
Projected term
12 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$20.64
Amount remaining
$86.43
Expected completion
Aug 19, 2017
Status
Repaying late
Installment amount
$2.58
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 20, 2016 | $2.58 | Aug 28, 2016 | $2.58 |
| Aug 27, 2016 | $2.58 | Aug 30, 2016 | $2.58 |
| Sep 3, 2016 | $2.58 | Sep 6, 2016 | $2.58 |
| Sep 10, 2016 | $2.58 | Sep 30, 2016 | $2.58 |
| Sep 17, 2016 | $0.00 | ||
| Sep 24, 2016 | $0.00 | ||
| Oct 1, 2016 | $0.00 | ||
| Oct 8, 2016 | $3.87 | Nov 19, 2016 | $3.87 |
| Oct 15, 2016 | $1.29 | Nov 19, 2016 | $1.29 |
| Oct 22, 2016 | $0.00 | ||
| Oct 29, 2016 | $0.00 | ||
| Nov 5, 2016 | $0.00 | ||
| Nov 12, 2016 | $0.00 | ||
| Nov 19, 2016 | $0.00 | ||
| Nov 26, 2016 | $0.00 | ||
| Dec 3, 2016 | $0.00 | ||
| Dec 10, 2016 | $0.00 | ||
| Dec 17, 2016 | $2.58 | Nov 20, 2017 | $2.58 |
| Dec 24, 2016 | $2.58 | Nov 20, 2017 | $2.58 |
| Dec 31, 2016 | $2.58 | ||
| Jan 7, 2017 | $2.58 | ||
| Jan 14, 2017 | $2.58 | ||
| Jan 21, 2017 | $2.58 | ||
| Jan 28, 2017 | $2.58 | ||
| Feb 4, 2017 | $2.58 | ||
| Feb 11, 2017 | $2.58 | ||
| Feb 18, 2017 | $2.58 | ||
| Feb 25, 2017 | $2.58 | ||
| Mar 4, 2017 | $2.58 | ||
| Mar 11, 2017 | $2.58 | ||
| Mar 18, 2017 | $2.58 | ||
| Mar 25, 2017 | $2.58 | ||
| Apr 1, 2017 | $2.58 | ||
| Apr 8, 2017 | $2.58 | ||
| Apr 15, 2017 | $2.58 | ||
| Apr 22, 2017 | $2.58 | ||
| Apr 29, 2017 | $2.58 | ||
| May 6, 2017 | $2.58 | ||
| May 13, 2017 | $2.58 | ||
| May 20, 2017 | $2.58 | ||
| May 27, 2017 | $2.58 | ||
| Jun 3, 2017 | $2.58 | ||
| Jun 10, 2017 | $2.58 | ||
| Jun 17, 2017 | $2.58 | ||
| Jun 24, 2017 | $2.58 | ||
| Jul 1, 2017 | $2.58 | ||
| Jul 8, 2017 | $2.58 | ||
| Jul 15, 2017 | $2.58 | ||
| Jul 22, 2017 | $2.58 | ||
| Jul 29, 2017 | $2.58 | ||
| Aug 5, 2017 | $2.58 | ||
| Aug 12, 2017 | $2.58 | ||
| Aug 19, 2017 | $1.29 | ||
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