Phone accessories

Samuel

Accra, Ghana

100% repaid

Entrepreneur

Name

Samuel

Member since

June 2020

On-time repayments

13 installments  •  38%

About Me

I am Samuel Gyedu Nyanyi the owner of Gye Nyame Phones and Accessories located at Takoradi, Western Region of Ghana. I established this business to provide quality, accessible and affordable Phones and accessories to the people of Downtown who mostly used to travel to far towns to buy their phones and accessories

My Business

As a passionate entrepreneur, I used my savings to establish this business after I saw that the opportunity to provide phone delivery services to school teachers and colleagues at school and church.
Realizing that I could not use enough founds to continue my education, I focused on gaining my business to meet the rising demand. I need money to purchase a store for $1186.44 and stock it so that I can benefit from charging higher prices for the superior services provided

Loan Proposal

I will use the money to stock my store with phone accessories. Demand has surged, but supply is the challenge because credit purchase from my suppliers are expensive. This means it is profitable to pay before I can stock

Income Source

During this COVID -19, the demand for my products had gone up because more people are using smartphones to study and work. Therefore, I will pay the loan with the profit from my trade. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Jul 23, 2020

Repayment status

On Time

Projected term

1 week

Lenders

AG

Alexandre Genereux

Gatineau, Canada

Urszula

United Kingdom

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