Francis
Sunyani, Ghana
100% repaid
Name
Francis
Member since
December 2015
On-time repayments
157 installments • 40%
From my childhood to my second cycle education , I was raised up by a step father. Following his deceased, I nearly quit my tertiary education except for the help of a brother who volunteered.
After tertiary education, realizing the poor employment condition in Ghana coupled with my ambition for entrepreneurship, I decided to put up my own business which I did. Though from the Ashanti region, yet thought Sunyani in the Brong Ahafo region will be a more favorable ground for the business.
I really enjoy reading and music usually at my leisure time.
My business is into mobile money transaction, the sale of scratch cards, SIM cards as well as some healthy foodstuffs. It is located in Sunyani in the Brong Ahafo region of Ghana.
As a start up entrepreneur with little capital, this business upon consideration was seen to be the appropriate one comparatively. Also, electronic cash system has almost become the other of the day in Ghana and was seen to be a good ground for starters.
With the help of the Zidisha team, my average income has increased dramatically( GHC 600- GHC900 monthly) and my services to customers has also improved. Profits are always reinvested and this has significantly increased my capital as well.
This loan will be reinvested into my business. It is going to increase my mobile money capital. This will help me to meet customers demand on mobile money transaction and increase my daily sales as well as my profit margin to at least 20%.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$106.00
Date disbursed
Oct 22, 2016
Repayment status
On Time
Projected term
8 weeks
Other loans
Ask Francis a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.