Cell phone business

Sanford

Mazabuka, Zambia

100% repaid

Entrepreneur

Name

Sanford

Member since

October 2016

On-time repayments

10 installments  •  60%

About Me

SAN-MICRO TECHNOLOGIES AND GENERAL DEALER
Business Plan
San–micro technologies is a business dealing in mobile phone repair and maintenance as well as
sales and computer maintenance and repair as well as sales. The company also deals in the sale
of various technology accessories such as memory cards and ash drives etc.
Our trading premises is situated in the heart of the Mazabuka town centre in the very popular
and ever busy Twazabuka Shopping complex which is a prime loca!on for retail businesses such
as mine.
Our goal as a company is to provide good quality product and services to the community of
Mazabuka however due to the loca!on of Mazabuka (between Lusaka &Choma) we also receive
a lot of transit custom as people travel through here with problems on their way to and from
Lusaka and Choma
Over a 7 year period I have managed to build my name as a brand and made myself the *rst
point of call for people in Mazabuka who have technical di+cul!es with any form of technology
regarding cell phones and computers. Therefore I have a lot of loyal repeat business customers
who more than o,en also refer me and my services to anyone they know who needs assistance
with anything technological. As a result my customer base is expansive and very solid and
forever growing.
The issue I face now is that my demand outweighs my ability to supply by far so your investment
would enable me to increase my ability and capability to supply my demand and thus generate
higher and greater revenue resul!ng in greater pro*ts. Also due to the economies of scale
principal my pro*t margin would greatly increase as the more stock I buy the greater my
nego!a!ng power increases to get a lower price for the products I purchase as I will be
purchasing more items.
I would use your money to purchase laptops(which I can get at a low wholesale price) as well as
phones and accessories related to those two for men!oned products.
The dura!on I would need to use your investment for before you started seeing
returns/dividends would be three months and a,erthat period we would be able to pay back
your ini!al investment with an agreeable interest rate.
When it comes to my products and their retail I work on a 100% pro*t margin on my wholesale
price for accessories and 40% phones and laptops so based on that *nancial principal we can
nego!ate a mutually bene*cial interest rate on your ini!al investment.

My Business

mobile money business plan
mobile money business is the fast growing business in our town,its very easy to run ,this time we are investing in mobile money business which deals with cash .on every day basis.our clients are opting to use mobile money than banking in the bank ,because of low withdraw charges and no minimum balance.i would love to reduce the repayment installments so that i wont fail to pay in time .
Remember that cell service is a just a contract, not a lifelong commitment. Pay attention not only to the costs, but also to the customer service the provider offers. You may find that you want to shop around again near the end of your company's contract.The Money Advice Service (MAS) has today published its Business Plan for 2016/17 which sets out our plans for this year to continue to help millions of people Money services businesses (MSBs)29 Jun 2017 As a money services business (MSB) operating in Canada, you have to register with us at the start of your business.Money Services Business MSB Information Center …7 Aug 2017 The Bank Secrecy Act (BSA) requires many financial institutions, including money services businesses (MSB), to keep records and file reports Money Services Business Definition FinCEN.govThe term "money services business" includes any person doing business, whether or not on a regular basis or as an organized business concern, in one or Money Services Business – Ministry of Finance &…Persons carrying on money services business without a licence. 36. .. licensee to present a plan that is satisfactory to the Commission to reconstitute its capital How to Run a Money Exchange Business that Makes…The money exchange business, how to start it, its pros and cons and a Registration of Money Services Business application and submitting it to the At the very behest it is better to draw a business plan and execute according to this.Mobile Money Business Models – SlideShare2 May 2012 Better understand the different roles NGOs can plan in the mobile money field. We will discuss the three core business models for mobile money, but as the field MNO incentives for offering mobile money services !Regulatory Policy – Licensing and Approving Money… 8 Sep 2014 Services Business Regulations and the Money Services Business (Amendment) . A detailed business plan covering the first three years of.Remittance, forex, money changers BSP tightens rules on…22 Jan 2017 The MSB industry now includes, among others, the electronic money business subsidiaries of telecommunication companies, the BSP said.The State Of State Money Services Businesses…Money services businesses (MSBs), and specifically money transmitters, play a vital . the submission of credit reports, fingerprints, a business plan, financial Writing your business plan Commercial Banking Bank of…A plan is always a useful asset for persuading others to invest time, money and Describe the type of business you're in and the products and/or services you Financial Services Regulatory Authority -…You are here: Home; Money Services Business; Overview all promoters; A Business Plan; Any other documents or additional information that may be required.Money Service Business Law and Legal Definition …Money service business is a non-bank entity providing mechanisms for people to make payments or to obtain currency or cash in exchange for payment AML compliance and money service businessesLearn how AML compliance applies to money service businesses. A money service business (MSB), using the simple definition, can provide basic you need to be aware of anti-money laundering regulations and plan for compliance.How to Bank Money Services Businesses and Payments…created a significant business opportunity for those banks that choose to remain. Yet, the facto regulators of the MSB industries, the know-your-customer duties required of banks, because of our . Note any special risk factors, and plan to.Money Services Business – Anguilla Financial Services…With the passage of the Money Services Business Act, 2009 (“the Act”), the business plan of the applicant; the organizatio

Loan Proposal

SAN-MICRO TECHNOLOGIES AND GENERAL DEALER
Business Plan
San–micro technologies is a business dealing in mobile phone repair and maintenance as well as
sales and computer maintenance and repair as well as sales. The company also deals in the sale
of various technology accessories such as memory cards and ash drives etc.
Our trading premises is situated in the heart of the Mazabuka town centre in the very popular
and ever busy Twazabuka Shopping complex which is a prime loca!on for retail businesses such
as mine.
Our goal as a company is to provide good quality product and services to the community of
Mazabuka however due to the loca!on of Mazabuka (between Lusaka &Choma) we also receive
a lot of transit custom as people travel through here with problems on their way to and from
Lusaka and Choma
Over a 7 year period I have managed to build my name as a brand and made myself the *rst
point of call for people in Mazabuka who have technical di+cul!es with any form of technology
regarding cell phones and computers. Therefore I have a lot of loyal repeat business customers
who more than o,en also refer me and my services to anyone they know who needs assistance
with anything technological. As a result my customer base is expansive and very solid and
forever growing.
The issue I face now is that my demand outweighs my ability to supply by far so your investment
would enable me to increase my ability and capability to supply my demand and thus generate
higher and greater revenue resul!ng in greater pro*ts. Also due to the economies of scale
principal my pro*t margin would greatly increase as the more stock I buy the greater my
nego!a!ng power increases to get a lower price for the products I purchase as I will be
purchasing more items.
I would use your money to purchase laptops(which I can get at a low wholesale price) as well as
phones and accessories related to those two for men!oned products.
The dura!on I would need to use your investment for before you started seeing
returns/dividends would be three months and a,erthat period we would be able to pay back
your ini!al investment with an agreeable interest rate.
When it comes to my products and their retail I work on a 100% pro*t margin on my wholesale
price for accessories and 40% phones and laptops so based on that *nancial principal we can
nego!ate a mutually bene*cial interest rate on your ini!al investment.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$183.00

Date disbursed

Oct 22, 2016

Repayment status

On Time

Projected term

2 months

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