Entrepreneur
Name
Emmanuel
Member since
August 2015
On-time repayments
89 installments • 55%
About Me
I belong to a large polygamous family who grew up with all my other siblings in the same house. My childhood was quite and interesting one eating together with my other siblings who used to cheat we the young ones. What a nostalgic reminiscence.
I schooled at Presbyterian elementary school and continued to Berekum Secondary school and furthered to University of Ghana. My school days was not an easy one but my with my mum's assistance and God's mercy upon my life, things are turning around for my good.
I am a teacher by profession presently at Methodist JHS where I handle Mathematics.
I am married to an angel, the love of my life. Just became a Dad four months ago. I love kids a lot. My hobbies include browsing, reading, listening to music etc
My Business
I operate a shop alongside my teaching in which I deal in mobile phone accessories like screen guard, batteries, chargers, phone housing, handsfree etc. at a prominent location at Berekum around the main Lorry park. The start up capital was financed by a bank salary loan I took about two and a half years ago from a local bank.
The mobile phone accessories business is a very lucrative venture which is thriving a lot in Ghana now returning a profit of at least 40%.
I thus want to expand my inventory and supply to other dealers. My last loan was helpful but inadequate. I hope I would be able to raise something substantial to boost my business.
Loan Proposal
Mobile phones and accessories business is still quite a lucrative business in my Area currently. My turnover monthly is very good for a start up business; returning over 40 to 45% profit monthly. With a little push, I and my family would soon say goodbye to poverty.
My shop space is quite small so I want to expand it so that my suppliers would be willing to give me more stock on credit in addition to my cash purchases. If this is done, my returns would increase exponentially with more sales and I will be able to finance any loan I get from my lenders.
I am thus counting on Zidisha to help me expand my shop to realize my goal of attaining financial freedom. Thank you.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$297.00
Date disbursed
Jan 8, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Austin, United States
Amsterdam, Netherlands
Fontvielle, Monaco, Yemen
London, United Kingdom
Taiwan
Latvia
Hong Kong
United Kingdom
Bonn, Germany
United States
Switzerland
United States
United States
Germany
United States
United States
Brazil
Italy
United States
United States
Seattle, United States
United States
United States
United States
India
United States
Netherlands
Australia
United States
Ireland
United States
Ask Emmanuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.