Name
Kwame
Member since
March 2014
On-time repayments
43 installments • 23%
My name is Kwame Nani a computer engineering student in KNUST level 300,21 yrs of age and coming from a family of 4,due to the high unemployment rate in my country i ventured into my own private business of selling electronic gadgets specifically laptops,mobile phones and tablets,i purchase more electronic gadgets which i sell from the proceeds of the sold gadgets
My income source is from the electronic gadgets i sell i.e i plough back what i make in profit together with my capital back into the business.The items i sell are laptops,mobile phones and tablets which are one of the most essential things we on campus need thats my market niche.for a fact there is some level of competition in this field but customers prefer my goods to others because i sell these goods brand new as it's been made from the factory,the business is profitable because these items i sell are everyday items each and everyone needs in this modern age of technology,the risk about this venture are harmful people who pose as potential customers and attack you with guns on meeting them for transactions.
i am going to use this loan to invest in this business to make it bigger than what it is now
I would use the loan given me to order for more products from my wholesalers who give me the products at a less cheaper cost ,plough back the profits I make back into the business to make it sustainable financially and donate part of my proceeds to charity as a way of giving back to the society.
Lenders should support me because when I get this loan it'll help my business a lot financially because it'll increase the number of products I can get from my wholesalers hence increasing my profit.
The amount I'll need is $135
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$135.00
Date disbursed
Jul 29, 2014
Repayment status
On Time
Projected term
5 weeks
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