Supply of spare parts to refurbish computers

Quaye

Berekum, Ghana

14% repaid

Entrepreneur

Name

Quaye

Member since

July 2015

On-time repayments

206 installments  •  7%

About Me

My name is Quaye Dennis,21 years of age. Accra is my birth place but due to my Parents occupation, i and my family are now staying in a small town called Berekum in the Brong Ahafo Region, Ghana. I completed my secondary education in Berekum and started to work with a small computer repairs shop, in fact this work helped me to gain experience and i also learned a lot. I'm now able to repair computers. My parents are farmers by profession hence all my education cost was funded by their product earns from the farm and my little support since i am a hard worker. I believe that one can achieve his/her goals if only he/she is willing to follow his/her talents thus finding something to do to earn some money. With the little savings that i made i have now rented a shop in which i repair computers. There are bigger lands which is favorable and conducive for growing okra and pepper at where i live. I'm not having children at the moment. My hobbies are researching more on computers and some repairs that are beyond my knowledge and also love to read and swim.

My Business

My business is located in one of the store rooms adjacent the main lorry station in my town. Business i will say is going on smoothly since i deal with both Hard-ware and Software. i fix broken computes and i sell computer parts (Power packs,keyboards,Mouse, Modems,Webcams,Power cables,Signal Cables,Microphone,Earphones,Multi usb connectors) and many more. These goods are very important because, people have to travel to the big cities before they can get a replacement for their computer and this cost them a lot since they will pay for bus fare and my services are needed because i'm able to fix most the faults that people bring to me. I chose this business because there are limited people who fix computers in my community and i am also gifted in my field, thus, i do genuine work. I started my business in the year 2013. Due to the location of the firm i enjoy high demand since most people are within, thus easy access.I started my business with an amount of around $250 for which i enjoy high profits every month.I consider the most typical costs to be those that i use to pay my electricity bills and taxes. I use my profits to reinvest in growing the business and also support my family financially.

Loan Proposal

I have now made up my mind to re-in stock my shop with accessories like (mouse,keyboards,webcams,modems,pen-drives,multi-usb connectors,computer power cables,computer signal cables). I am buying this because,that's the customers demand and also it helped me to gain more profits when i bought and sold with my first loan.
Here is the breakdown of the items and the cost.
Keyboard (15 pieces)= $45
Mouse (10 pieces)= $30
Modems and pen-drives (5 pieces each) = $70
webcams (5 pieces) = $25
multi usb connectors 5 (pieces) = $30
power and signal cables (10 pieces each) = $55
In all the total estimated cost will sum up to $255 for which i will gain a profit of $35 every week . i believe that, with the kind heart of lenders, they will help me with the amount and i promise to pay on time as i did with the first loan. With this loan, i will be able to support my family financially and also further my Sisters education. I will employ the youth in my community and train them in the IT field so that they can also be useful to the community. More also people will not be traveling to the big cities for their computer parts because i will be having most of them in my shop.
Thank You

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$287.00

Date disbursed

Oct 1, 2015

Repayment status

Late

Projected term

47 months

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