Name
Adomako
Member since
November 2017
On-time repayments
22 installments • 73%
I started school at suma junior high school.and proceed to suma senior high.as a result of financial difficulties I was not able to continue to training college .so I started selling credit cards.and in fact the purchase is very high because of where it is been situated.there is not a single day that I will get my every day amount.it increases every day.it has also increase my standard of living.
the turn over is very high because of the daily purchased.because I sell all kinds of credit network.I also offers a service of mobile money too as a result of people feel reluctant to go to bank for transaction and avoid of inconvenience now both young and adults are into it. The start of cashew season in my district , jaman north of brong ahafo of Ghana brings a lot of non resident workers who normally use mobile money services a alot. I will use this loan to expand my working capital so that my profit margins will increase.it will also increase my capital too.so that I can expand the business because the more the credit card the higher the income
I will used the money to buy more of the credit cards and also expand my container because it is too small is very hot and as the business grow .it should be increase to contain another case.cost of container per plate $80 and all the four sides 4*$80=$320 and cost of the electric fan ( binatone)brand$35 and one part of my roofing sheet also cost$50 to avoid leaking because of the rain.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$335.00
Date disbursed
Apr 8, 2018
Repayment status
On Time
Projected term
6 weeks
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Margaret Dec 22, 2018
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