Inventory of mobile phones into my shop

Ruth

Kumasi, Ghana

Funds disbursed

$0 to go

100% funded of $105 goal

0

days left

Entrepreneur

Name

Ruth

Member since

April 2015

On-time repayments

22 installments  •  55%

About Me

My name is Ruth Asuamah , I was born on 31st December ,1982 in Berekum , Brong Ahafo Region. My father's name is Ansu Kwame George Boateng and my mother is called Rita Kyeremaa Nora, all from Berekum .
I started school at Berekum Methodist Primary B School in Berekum . In 2002,I sat for the Basic Education School Certificate Examination
I continued my education at Berekum Senior High School , Berekum . I also completed the senior high school in 2005.
After completion, I became a teacher in St. Hubert Preparatory School in Akrofro near Berekum .
In 2007, I had admission into University of Ghana, Legon.
I completed University of Ghana in 2012. I am now a teacher in Yiadom Boakye Experimental Basic School in Kumasi, teaching Fine Arts and Graphic Design .
My family is made up of my father, mother and my brother called Kwasi Bismark Adjei Richard.
In 2012, I established a phone shop in Kumasi .

My Business

In 2012, after completion of the university, I established a phone selling business and name the business ,Ruth Phones and Computers Shop at Kumasi KNUST. I sell phones of all kinds, commonly nokia , htc, samsung among others .
Also you can get smart phones like android and windows phones .
Phone accessories like screens, ear phones, ear pieces, mouth pieces , screen guides, chargers , batteries, covers, usb drive, SD cards .
I am planning of adding more items like calculators and computers. I have employed one person to help me in the shop which I pay her monhtly

Loan Proposal

If this loan is granted I will be abled to buy addition mobile phone such as samsung, nokia ,blackberry and others. I also need accessories such as batteries , chargers , screen proctors and glass screen proctors , covers and housings for mobile phones.
The amount for all these products will be around $2000.But the loan is about $100 , I will add the previous income to this loan.
I will be abled to pay income taxes and all kinds if taxes.
Payment of salaries will be easy if the loan is grant and within the shortest possible time.
Since Christmas is just at the corner customers will purchase more goods. Hence smoth flow of business.
If this loan is granted , I'm expecting an increase of my business profit of about $100increase , although the loan amount is small .
I hope my loan will be granted before Christmas . Which will help me in easy repayment. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$105.00

Date disbursed

Dec 25, 2015

Repayment status

Late

Projected term

6 weeks

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

Lotus Flower

United States

WE

Wendy Emlyn

Devon, United Kingdom

Donna Manton

Australia, Australia

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  • Abdul Aziiz    May 11, 2016

    I contact Ruth and she said , she was not well that is why he can't even come to his shop to continue business.
    I am playing he will get well soon, and everything will be on the way and start payment very soon.

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  • Abdul Aziiz    Mar 24, 2016

    I contact Ruth and she said , she was not well that is why he can't even come to his shop to continue business.
    I am playing he will get well soon, and everything will be on the way and start payment very soon.

    Log in to reply • Share
  • Wendy Emlyn    Mar 6, 2016

    Hello Ruth.
    Are you able to start making payments yet? If not, please get in touch with Zidisha to discuss adjusting your installments.
    God bless you,
    Wendy

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  • Abdul Aziiz    Feb 22, 2016

    Ruth said something went wrong in his business that's why but she has promise me to make payments as possible.

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  • Donna Manton    Feb 14, 2016

    Hi Ruth

    Wondering how you are going with your phone business. I noticed there have been no repayments yet. They do seem to be quite high - can you reduce them at all to make them manageable ? As Wendy has indicated it will make it harder in the future for people to fund your enterprise when you do not make payments or make late payments

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  • andyfletcher    Feb 1, 2016

    Hello Ruth,
    I hope you are well. Any news of your repayments?

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  • Wendy Emlyn    Jan 19, 2016

    Hello Ruth, can you get in touch with Zidisha to reduce your payments to a more manageable level? That is better than letting yourself get behind with your payments, which can make it harder to get a future loan.
    God bless you,
    Wendy

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  • Ruth    Jan 4, 2016

    I received GHS 390. I made a purchased of phone such as nokia, Samsung and other phones.
    Thank you lenders , God bless you all.

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  • Ruth    Dec 24, 2015

    I will buy phones such as nokia, Samsung , Sony and phones accessories like battery , housing , screen , screen protectors and others.
    This will help me a lot since we are in the christmass season , many customers will get more products from my shop .
    Thank you lenders .

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  • Ruth    Dec 15, 2015

    I was able purchased phones such as Nokia, Samsung , techno among others. I bought accessories like phone chargers , glass screen proctors, batteries .
    I was abled to purchase one Samsung laptop and an iPhone into my shop.
    I paid my sister's school fees, who is in Senior High School in Berekum.
    Since there much products in the shop, I had income from the sales of these goods . I made part payment of the rented shop room.
    I have paid all taxes and salaries of the workers

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  • Ruth    Oct 10, 2015

    i have purchased additional phones with the loan, into my phone shop. i also bought accessories like batteries, chargers, screen protectors, ear phones and among others.
    i was able to pay salaries to the workers. Payment of taxes was easy.
    i also purchased box for easy and safe transportation of the phones. thank you , lenders.

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  • Ruth    Sep 26, 2015

    Business is flowing in right direction. Customers get most of the mobile phones they need. Also there are more accessories, like screens, batteries, chargers and others. I will finish repayment soon . Thank you.

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  • Ruth    Sep 13, 2015

    I received the lain last week, and I have purchased ten mobile phones into my shop. I had also paid the electricity bills. I shall pay the income tax next week . I have paid my first installment this morning.Thank you lenders .

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  • Ruth    Sep 2, 2015

    I have received GHS 388. Now I will be able to buy more phones into my shop. Business will flow as I wish. Thank you all lenders.

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  • Ruth    Sep 1, 2015

    I will buy mobile phones and phones' accessories.
    My customers will get most of the phones they need from my shop.
    Thank you lenders.

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  • Ruth    Aug 22, 2015

    I used the first loan mainly to buy more additional phone into my shop.
    Also , I paid taxes and salaries with it. I again made part payment of my sister school fees.
    Thank you all lenders, God bless you. I'm applying for my second loan, I wish it should be granted in time,

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  • Ruth    Aug 11, 2015

    My first loan was used to purchase new phones such as Nokia, Samsung , Htc and among others. I was able to pay my sister's school fees without difficult.

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