Loan to make a small shop to sell phone voucher/credit
George
Suhum, Ghana
100% 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 371 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 250) 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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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 2, 2016
Repayment status
On Time
Projected term
9 months
Other loans
Lenders
United States
Summary
Amount repaid
$103.25
Amount remaining
$0.00
Date repaid
Jul 22, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 15, 2016 | $2.50 | Feb 16, 2016 | $2.50 |
| Feb 22, 2016 | $2.50 | Feb 16, 2016 | $2.50 |
| Feb 29, 2016 | $2.50 | Mar 22, 2016 | $2.50 |
| Mar 7, 2016 | $2.50 | Mar 22, 2016 | $2.50 |
| Mar 14, 2016 | $2.50 | Mar 22, 2016 | $1.00 |
| Mar 30, 2016 | $1.50 | ||
| Mar 21, 2016 | $2.50 | Mar 30, 2016 | $2.50 |
| Mar 28, 2016 | $2.50 | Mar 30, 2016 | $2.50 |
| Apr 4, 2016 | $2.50 | Mar 30, 2016 | $1.00 |
| Apr 4, 2016 | $1.50 | ||
| Apr 11, 2016 | $2.50 | Apr 4, 2016 | $1.00 |
| Apr 8, 2016 | $1.50 | ||
| Apr 18, 2016 | $2.50 | Apr 8, 2016 | $1.00 |
| Apr 14, 2016 | $1.50 | ||
| Apr 25, 2016 | $2.50 | Apr 14, 2016 | $1.00 |
| May 11, 2016 | $1.50 | ||
| May 2, 2016 | $2.50 | May 11, 2016 | $1.00 |
| May 16, 2016 | $1.50 | ||
| May 9, 2016 | $2.50 | May 16, 2016 | $1.00 |
| May 20, 2016 | $1.50 | ||
| May 16, 2016 | $2.50 | May 20, 2016 | $1.00 |
| May 25, 2016 | $1.50 | ||
| May 23, 2016 | $2.50 | May 25, 2016 | $2.50 |
| May 30, 2016 | $2.50 | May 25, 2016 | $0.50 |
| Jun 3, 2016 | $2.00 | ||
| Jun 6, 2016 | $2.50 | Jun 3, 2016 | $0.50 |
| Jun 16, 2016 | $2.00 | ||
| Jun 13, 2016 | $2.50 | Jun 16, 2016 | $0.50 |
| Jun 18, 2016 | $2.00 | ||
| Jun 20, 2016 | $2.50 | Jun 18, 2016 | $0.50 |
| Jun 23, 2016 | $2.00 | ||
| Jun 27, 2016 | $2.50 | Jun 23, 2016 | $0.50 |
| Jun 27, 2016 | $2.00 | ||
| Jul 4, 2016 | $2.50 | Jun 27, 2016 | $0.50 |
| Jul 20, 2016 | $2.00 | ||
| Jul 11, 2016 | $2.50 | Jul 20, 2016 | $2.50 |
| Jul 18, 2016 | $2.50 | Jul 20, 2016 | $2.50 |
| Jul 25, 2016 | $2.50 | Jul 20, 2016 | $0.50 |
| Jul 22, 2016 | $2.00 | ||
| Aug 1, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Aug 8, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Aug 15, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Aug 22, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Aug 29, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Sep 5, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Sep 12, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Sep 19, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Sep 26, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Oct 3, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Oct 10, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Oct 17, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Oct 24, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Oct 31, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Nov 7, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Nov 14, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Nov 21, 2016 | $2.50 | Jul 22, 2016 | $2.50 |
| Nov 28, 2016 | $0.75 | Jul 22, 2016 | $0.75 |
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