Loan to expand my satellite-dish business

Peter

Kronom-kwapra, Ghana

32% repaid

Entrepreneur

Name

Peter

Member since

June 2016

On-time repayments

96 installments  •  60%

About Me

Peter Ohene Amoateng is my name.i come from Achiase but i live at Kronum.i attended kronum M/A primary school and junior high school.i also attended kumasi academy in asokore mampong.i went to journalism school where i learnt how to cast news.later on i also went to NIIT where i also studied and learnt somethings about computer and its parts

My Business

I trade in the sales and installation of Satellite decoders such as Multi TV network, Strong TV network, and D.S.T.V.
I also sell the Satellite dish, TV antenna cables for the installation etc. I also trade in the sales of flat screen television. I buy computer parts such as Computer Random Access Memory (RAM), Read Only Memory (ROM), Power Supplies, Computer Power Cables, Computer motherboards, and Computer peripheral such as Computer speakers, Game Pads, Pen drives.
The trade in these computer business is useful or highly demand because, Ghana is been a country that technology and computer literacy is low. Most Ghanaians have become passionate about computers and every household wants to get one. Basically in Ghana here, only Analogue Television is been very dominant. Recently the television network is moving from analogue to digital and most of the television stations have moved to the digital, most people on the analogue television can’t get their favourite channels. This has given people with no choice rather than to swing to digital Satellite in other to get plenty channels and also their favourite channels. It is almost that 30% of Ghanaian has moved to digital satellite televisions network and keeps on increase day by day. Especially on the D.S.T.V satellite where football game is telecast and previewed live,
My typical revenue is when I buy these satellites decoder and sell for profit. I also sell home-use (second-hand) flat screen television for profit.

Loan Proposal

dear lenders,i will invest the amount given to me into my satellite business.as we all know that in this present day Ghana we are now in digital age.so everyone in Ghana now wants to experience the digital tv,so this will hep me gain more money and will help me expand my business empire

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$477.00

Date disbursed

Sep 25, 2017

Repayment status

Late

Projected term

11 months

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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