Home & office appliances for my shop

Isaac

Asoampa, Prestea, Ghana

100% repaid

Entrepreneur

Name

Isaac

Member since

November 2016

On-time repayments

194 installments  •  69%

About Me

My name is Isaac Osam. I completed My Tertiary in 2008. Since then I decided to engage in trade myself. I deal in home appliances like home theater, fridges, microwave, electric iron, ironing board,charcoal iron,standing fans,Tvs ,home theatres etc. I have right from the onset enjoyed doing trade. That is buying and selling of home appliances. I am married with one child. My child is interested in becoming an engineer hence am working my heart out to fulfill that dream. I enjoy reading business books.

My Business

My income source will be from the Home Appliances Shop that i operate. These goods are in great demand in my area. people come from nearby village to purchase these goods. I chose these business because it was in demand after realising people travel for long journey just to purchase these items.the capital for these business is $6000. My profit I use in reinvestment in growing the business and sometimes to support other orphans.

Loan Proposal

This loan has been applied to stock my home and office appliances shop.The following are the goods to order when I get the loan.
1pc LG led 32" TV Digital - $227.3
1pc Nasco 32" TV satellite - $191
1pc Samsung 32" TV Digital - $238.6
Ceiling fan 36" - $40
LG DVD home theatre system (3120s)- $137
TV stands - $135
Glass center table - $130
Electric irons - $50
Extension board - $45
Charcoal irons - $90
Standing fan 18" - $34
3speaker home theatre - $151
3pcs blenders - $120
Hangers - $ 30,etc for my home appliance shop.This will help me serves my customers all that they need. I expect a profit increment from $40 - $50 weekly. Part of the profit will go into repayment, to care for the children,and reinvest into the business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,652.00

Date disbursed

Nov 4, 2017

Repayment status

On Time

Projected term

35 months

Lenders

Mike and Jacqui

United Kingdom

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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