A loan to expand my satellite store

Peter

Kronom-kwapra, Ghana

100% repaid

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How it Works

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

i will purchase flat screen televisions which is 200 us dollars,laptops which will cost me 200 us dollars,DSTV satellite decoders,strong decoders and multi tv decoders which are going to cost me 300 us dollars.in my community many people purchase from city to when i furnish my store with these items.at the end of this investment,i will be expecting 300 to 400 us dollars.