Entrepreneur
Name
Monday
Member since
January 2019
On-time repayments
14 installments • 71%
About Me
AM SIMON MONDAY FROM NIGERIA GOMBE STATE
I ATTENDED MY PRIMARY EDUCATION IN LALAIPIDO FROM SHONGOM LGA
OVERCOMING HARDSHIP IS NOT AN EASY TAX IN WHERE I CAME FROM, ONE HAS TO THINK DEEPLY WITHIN AND TAKE ADVANTAGE OF OPPORTUNITY HE/SHE ACROSS
I CAME ACROSS RECHARGE BUSINESS THROUGH A FRIEND OF MIND WHO WE SCHOOL TOGETHER IN HIGH SCHOOL.
THE MOST UNIQUE THINGS ABOUT MY PEOPLE AND COMMUNITY IS THAT WE ARE ACCOMMODATING, INDUSTRIOUS AND FRIENDLY ETC
I LOVE SOCCER AND PLAY IT WHEN AM FREE TO PASTIME I ALSO LOVE SURFING THROUGH THE INTERNET
My Business
SELLING OF RECHARGE CARD
AS WE ALL KNOW NIGERIA IS ONE OF THE FASTEST GROWING TELECOMMUNICATION INDUSTRY IN THE WORLD AND HAS I LARGEST POPULATION IN THE AFRICA
I AM IMPRESS ON HOW THE RECHARGE CARD BUSINESS IS GOING WHICH HAS A QUICK RETURN AND LOW INTEREST BUT MY MAJOR CHALLENGE IS THE CAPITAL, FOR YOU TO EARN A REASONABLE AMOUNT ONE NEED ENOUGH MONEY TO GAIN A REASONABLE PROFIT, BUYING A RECHARGE CARD OF N100 FROM MY DEALER AT THE RATE OF N97, I SALE IT AT THE RATE OF N100 MAKING A PROFIT OF N3 THEREFORE, A RECHARGE OF N100 REQUIRED N970 AND I MAKES N30 PROFIT. THEREFORE, TO STRIVE AND GROW IN THIS BUSINESS I NEED MORE MONEY, BECAUSE OF EXCHANGE RATE OF MY LOCAL CURRENCY AND FOREIGN MAKES THINGS A BIT DIFFICULT TO PAY BILLS
OUT OF THE LITLE I MADE FROM THE BUSINESS I PAY MY HANDOUT AND TRANSPORTATION IN SCHOOL, AM CURRENTLY STUDYING IN SCHOOL
Loan Proposal
i want use the to buy a battery cell to replace the old one on my phone
the old one runs down on time, that makes me offline some times as a result of that i messes my customers demands
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Mar 7, 2019
Repayment status
On Time
Projected term
3 weeks
Other loans
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