Expanding my mobile phone business

Asibey

Yamfo, Ghana

1% repaid

Entrepreneur

Name

Asibey

Member since

March 2017

On-time repayments

137 installments  •  78%

About Me

Please my name is Asibey Frank. I come from Yamfo, a ceramic community in Brong Ahafo Region of ghana. I was born by Mr Osei Asibey and Mrs confort Asibey, of which both of whom are farmers at yamfo. I attended Yamfo primary and Junior high school. I was a brilliant student and had love for sports. I am currently married to susana with two beautiful kids. Samuel Asibey and Fredric Asibey are their names. I enjoyed playing football at my ample time.

My Business

Using of mobile phone has become a very common phenomenon in ghana. Both young and old people use mobile phones in ghana.I do MTN mobile money transaction in ghana as well as selling of phones. By God Grace, I have been able to establish a phone shop through the help of my uncle who is in China who use to bring phones to Ghana.Since its establishment, my life has been transformed positively. i am able to provide the basic needs of my family.

Loan Proposal

I owe it a great gratitude to thank my lenders for the support that they have been giving to me and my business. May the Almighty God continue to shower his abundant blessing on all my lenders and grant them long life to continue to help the less privileged in society .
My dear lenders, my mobile phone business is on course. Therefore, with your kind gesture, when given this loan, I will use to buy and sell different kinds of mobile phones to my community people to. Make more profit. Specifically, the phone to be sold include the following:
Nokia phone=$80
Samsung galaxy=$100
Itel 501=$59
Universal charger=$50
Transportation=$20
My lenders, at the end of my sales, I expect my profit to increase to about 18% of my initial capital. I will pay back my loan with the profit made from the sales of my phones. Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$272.00

Date disbursed

Aug 3, 2018

Repayment status

Late

Projected term

5 months

Lenders

A

Anonymous

United States

Ask Asibey a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...