Expanding my mobile phone and accessories

Prince

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Prince

Member since

November 2014

On-time repayments

202 installments  •  80%

About Me

My name is Prince Evans Ghartey 30 years of age from Ghana.
I deal with electronic devices like mobile phones Laptops and accessories.
My friend introduces Zidisha microfinance to me three years two and half years ago and it has really help me A lot
all the prises goes to you the Lenders
I have finished paying my current loan and am applying for new loan I ask you my lender to raise this loan to help my business go High as always because A lot of people from my community also depend on my small income
By the Grace of Lord I have also completed my tertiary education
Am a computer engineer now thanks to you my Lenders.

My Business

I provide my customers with Laptops
Brands like HP,Toshiba, MacBook,lenovo and etc.
They are useful because my good are very affordable price and quality .
I choose this kind of business because most people can't afford to buy laptop on online especially when not in bouck it very expensive.
Mostly my cost of revenue is much higher because of the quantity of machine I need and demand, a single laptop can cost 540$ all thou it depends on the specification and model .
Dell inspirion 15 500 i7 cost-$579.99
Hp A6-9220 cost -$269.99
Acer Aspire i3 cost 348.99 goes on and on.
I reinvest my profit in my business
But at the end of every year I divided my benefits into two and take one to orphanage home .

Loan Proposal

I buy mobile phone from online and it's ship to my country, I usually buy used phone, samsung, LG, iPhone and other brand
especially I get them on wholesale price like, $100, $80,$ 290.
Sometimes more it really depends on the grade of the phone's.it start from grade A to Z..
i think by zidisha helping me am also helping people who also need help.and by so doing telling people about zidisha and what they do.
I think by the end of the project my profit will rise up by 48%

Feedback

3

1

None

  • Will    Feb 14, 2018

    Every loan has been paid back well over a year early. I don't know if that means Prince is actually using the money or if he doesn't really need it.

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    • Prince    Feb 16, 2018

      It’s because of the kind off business I do, I have a lot of customers coming and going everyday so any interest I get I make sure I pay my loan!!! Fast to keep good standing.

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    • Prince    Feb 16, 2018

      Help found this loan for me and will never disappoint. Thank you sir.

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  • MichaelOsburg    Jan 29, 2018

    Repayment in full, and in time. Good luck with your business.

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    • Prince    Jan 30, 2018

      Thank you sir
      Hoping you help me in my next loan founding.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$334.00

Date disbursed

Jan 13, 2015

Repayment status

On Time

Projected term

3 months

Lenders

Franmiguel

Perth, Australia

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