Electrical goods for electrical shop

Kumi

Berekum, Ghana

43% repaid

Entrepreneur

Name

Kumi

Member since

May 2015

On-time repayments

22 installments  •  59%

About Me

Kumi Patrick is my name.I come from Berekum in the Brong Ahafo Region. I started my basic school at Akab Complex School, i furthered my education from there to Duayawnkwanta senior high school. My parents are Mr and Mrs Kumi who are farmers by profession hence all my education cost was funded by their product earns from the farm. I completed my secondary education and furthered to due electrical engineering and due to my hard work, and the respect that i have for people i was employed in a store and began to identify the needs of the community. With the little savings made, i started my own electrical shop . My hobbies are reading and listening to music.

My Business

The name of my shop is Kay Electrical shop. I started this shop in my area because there a lot of people in that area and they will be needing electrical gadgets. Since I started this business, I can see that people are always at my shop purchasing. The main products are electrical cables, pressing irons, ceiling fans, bulbs and many others which people rush to my shop daily for these products. The main motive behind me choosing this business was that, everyone will need this in everyday life. If I invest let say $ 100 within a week I can get $43 profit because as soon as I bring the goods community people come in and purchase them. My business capital is small and I need money to purchase most of the products in order to attract more customers as far as the community population is concerned. The profit will also be used in reinvesting

Loan Proposal

I will use the loan to bye electrical goods such as bulbs , electrical cables and many more.it will help increase the products in my shop and my customers will get any type of electrical goods that they wont. And expect my income to move from 40 dollars to 60 dollars

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$211.00

Date disbursed

Aug 29, 2015

Repayment status

Late

Projected term

3 months

Other loans

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

J

jdallatezza

United States

R

Rembrandt

United Kingdom

PG

Paul Graham

United States

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