Increasing stoke of phones

Baba

Bibiani, Ghana

3% repaid

Entrepreneur

Name

Baba

Member since

October 2017

On-time repayments

112 installments  •  15%

About Me

I am Baba musa from Ghana was born to Mr/Mrs. Agudugu Musa all in Bibiani but unfortunately for my mum is not living now she is dead, remaining my father and other four siblings. . I had my basic education at Bibiani Anglican primary school.
I have straggle enough in live in hardships and difficulties but God has
being good to me. i have being able to generate small daily sales of pole-then bag and now have small money to start mobile phone business. and it is growing.
Ghana is full of rich culture that ensures upbringing of responsible citizens.
my children should be able to think well and discover news things to help others.
I invest part of the profit i get and use some to care for my other siblings.

My Business

I deal with mobile phones and its parts
people all over the world depend on mobile for their daily communication hence they patronize my service.
I made daily saving from sale of pole-then bags.
sale of mobile phones requires $25000 to run it effectively.
I invest part of the profit into the business and use the rest to cater for the family.

Loan Proposal

Hey, i m here again for your help lenders. help me with a loan to stock additional twelve phones and other hardware into my shop to help expand the business.
A Nokia smart phone in Ghana cost 30 dollars at the wholesale .
I am hoping to get additional 50 percent profit when I am giving the loan to do this project.
The profit I will earn from this loan, part would be used to re-settle the loan and add the rest to my capital.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Dec 22, 2017

Repayment status

Late

Projected term

25 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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