Application of funds to expand my pendrive sales business
Romeo
Kumasi, Ghana
85% repaid
Entrepreneur
Name
Romeo
Member since
April 2015
On-time repayments
131 installments • 60%
About Me
hi my name Romeo. Am from a family of six. Am a free lancer online, likes online marketing and belief it is the next big and safest way to do business online. Completed University for development studies with a bachelor of computer science degeree. Exploring and investing business plans is what i often do but usually limited because of financial constrict. My dream is to become an importer of electronic gadgets and a wholesaler of such gadgets and possibly host a website from which they can be purchase and delivered at the door step of my customers.
My Business
I started freelancing early 2014 and i must say it is lucrative and interesting with the right tools and procedures. Plannining is essential if you wanna succeed. Quest net and helping hands are those two direct sale business am involved in and its been great so far.
Loan Proposal
I intend to use the funds acquired when funded to expand my pendrive sales business for now. Due to financial constrints i am unable to purchase high storage capacities (8GB, 16GB and 32GB) for sales, so often do purchase lower capacities (2GB and 4GB) which often do run out of stock because am unable to purchase large quantities. On acquisition of funds 85$=317.9ghc will be used to purchase 8GB storage capacities which my supplier sells to me at 14ghc=almost 3.75$ and the remaining 15$ will be used to expand my stock purchase of 2GB and 4GB capacities.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 1, 2015
Repayment status
Late
Projected term
30 months
Lenders
Osaka, Japan
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