Sale of recharge

Mush Eleazar

Zebilla, Ghana

100% repaid

Entrepreneur

Name

Mush Eleazar

Member since

November 2016

On-time repayments

119 installments  •  19%

About Me

I started my primary school education at age 6 in a small town called Pussiga, in the upper east region of Ghana. My father was a pastor of A/G church and he was transferred the same year to a remote village called Widnaba in the same region but in a different district where the school only have two classrooms for primary one to primary six with no furniture and only two un-trained teacher manning the six classes, three classes in one classroom.
It took self endurance and discipline from what it takes in feeding, materials like uniforms, footwear, learning materials and fees to get up to my teaching certificate
I have made some savings and supplemented it with teachers fund loan and commenced.
The land is having two season in a year-wet and dry and mostly are peasant and grain producers.

My Business

I do retail sales of mobile phone credits
The area location have almost all sim providers in Ghana( such as Vodafone, MTN, Tigo Airtel Ghana etc) have net coverage and almost 70% of adult worker have mobile phones, hence the demand.
It have less lost in terms of damage, have fixed profit because it is commission based, and moreover it high demand and very low costly to run.
One thousand Ghana cedis.
I use the profit gotten to reinvest in growing the business.

Loan Proposal

I will buy 20 pieces of MTN recharge cards valued at $10.00 and 20 Vodafone recharge cards also valued at $10.00. This will benefit myself and my family because part of the profit gotten will be used to cater for the family's basic needs whereas the remaining amount will be used to reinvest in the business for it to grow.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Nov 16, 2016

Repayment status

On Time

Projected term

8 weeks

Lenders

PG

Paul Graham

United States

Ask Mush Eleazar a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Roland Bernard    Feb 3, 2018

    have contacted Musah Eleazar Tarinya and he complained of financial issues not moving on well for him but he promised to settle his loan soon. Thank you

    Log in to reply • Share
  • Roland Bernard    Dec 24, 2017

    I have contacted Musah Eleazar Tarinya and he complained of financial issues not moving on well for him but he promised to settle his loan soon. Thank you

    Log in to reply • Share
  • Roland Bernard    Oct 23, 2017

    Musah has been contacted and he explained his phone had a problem but he has worked on it and therefore promises to repay his loan soon. Thank you.

    Log in to reply • Share
  • Mush Eleazar    Sep 8, 2017

    Extent from credit cards sales business to Mobile money transfer.
    The difference is not significant because the mobile money needs a little larger capital to obtaine E-cash and fiscal cash to operates efficiently.
    Business investment increased to 20%.
    By ploughing back profit about 80%.
    Used the long vacations of schools in Ghana and me a classroom teacher made farm with My family.
    Enron's looks green beautiful and bears the most sweet edible fruits our semi Sahara desert part of our country.

    Log in to reply • Share
  • Mush Eleazar    Jul 27, 2017

    Wish to hold the loan for a shorter time

    Log in to reply • Share
  • Mush Eleazar    May 27, 2017

    I will buy credits cards
    It will help me increase my income in business
    thank to all my lenders

    Log in to reply • Share
  • Abdul Mudaib    Jan 23, 2017

    i contacted him and he promised to pay back the loan

    Log in to reply • Share
  • Mush Eleazar    Nov 15, 2016

    Thank you my lenders for the wonderful opportunity given to me to expand my business.I will buy 20 pieces of MTN recharge cards valued at $10.00 and 20 Vodafone recharge cards also valued at $10.00. This will benefit myself and my family because part of the profit gotten will be used to cater for the family's basic needs whereas the remaining amount will be used to reinvest in the business for it to grow.
    Once again, thank you and God bless you.

    Log in to reply • Share


Loading...

Loading...

Loading...