Francis
Aboaso, Ghana
42% repaid
Name
Francis
Member since
January 2015
On-time repayments
59 installments • 17%
When I was about to complete my Junior high school, helping kids in the lower primary was something I admired so much, I decided to save little of every time and money I got so that i could start organizing them and offer free tuition for them after school. Nimoh Francis is my name and when I started my Senior High School, I invested part of my saved time and money in a helping kids who had no private teachers at home to teach them and out of this I made little money to help myself through Senior High School by people who admired what I was doing.
When I was about to complete my Junior high school, mobile phone business was at its peak, people were making huge profits from so I decided to save little of every money I got so that i could start my mobile phone business someday.It was very difficult to raise such a capital for this business but when I made most part of the money needed, I started and things turn very tough for me at that time. When I started, it wasn't good at all for me but I am a goal must be achieve oriented person so I pressed on until things stabilize for a while for me. And this was the time I quickly started correcting the mistakes I made and made things right so as to get the business back on its feet. All I am looking for is to expand my business now (Economies of Scale).
hings are very costly now so it has been my intention to expand my business so as to get more profit. So I am going to use this money from this loan to expand my business and get more profit because that is my ultimate goal (expand my profit margin a little higher)
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 19, 2015
Repayment status
Late
Projected term
13 months
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