Extension of franchise

Emmanuel

Berekum, Ghana, Ghana

15% repaid

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How it Works

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 business is quite lucrative still at my area, likewise other ICT products like laptops, power banks, printers and several others. I therefore request this loan to purchase some laptops and other accessories to venture into that area as well. For starting, I want to buy 3 entry level laptops which will cost about GHS1590 or $300 which can return a profit of at least 50%. The rest will be used to buy accessories like mouse, joystick and game pads. It's estimated to cost GHS500 or $130. This area has a very bright prospect. I am thus calling on all kind lenders here to help me secure the loan to expand my business to help put me on sound economic pedestal to take my family and society of poverty. I promise to pay back any loan I secure from you. Counting on you. Thank you zidisha.