Inventory of Electronics for My Shop

Baah Yeboa Reuben

Berekum, Ghana

100% repaid

Entrepreneur

Name

Baah Yeboa Reuben

Member since

January 2015

On-time repayments

33 installments  •  33%

About Me

My name is Baah Yeboah Reuben. i am from Fentaa in the Brong Ahafo Region but i am now stay at berekum. I started my basic school school at Madonna preparatory School, from there i went to Sunyani Senior High .From there live was very hard for me because there was no money for me to continue my education, so i went to look for job so that the money to continue my education.i suffer alot before i was employed in a shop as store boy . I worked with the man for several years and due to my humbleness, hard working and the respect that i have for people i was able to save some amount of money of which i also started my own shop. I started it with the small money i had and by the grace of God is improving. The uniqueness about my area is that a lot of people are building houses and after that they will need something to entertained themselves , that is why i choose this business. so if i get the loan it will help me a lot.

My Business

i started my electronics shop about three years ago. It is located at Berekum near the round about. The actual goods that i sell are electronics which include television sets, DVD player, laptops, radios etc. The goods are useful because a lot of people are building houses in my area and after they finished building their houses they will need it to help them entertain themselves at their homes. Some of the goods also service as basic need in the house because you will always watch news listing to it by the help of radio or television to see what is going round the world . The main motive behind me choosing this kind of business is that, even when you are sad these items will made you happy all the time . If i invest let say $ 200 within a week i can get $120 profit because as soon as i bring the goods people come to buy. My capital is small that is why i am pleading with you to help me expand my business with the loan.

Loan Proposal

i will used the loan to buy goods that i sell in my shop. these goods include television sets, DVD player, laptops, radios etc. because a lot of people are building houses in my area and after they finished building their houses they will need it to help them entertain themselves at their homes. Some of the goods also service as basic need in the house because you will always watch news or listing to it by the help of radio or television to see what is going round the world . i will get more money from this goods. i can get $65 profit in within a week

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Loan Info

Project Type

Classic Loan

Disbursed amount

$106.33

Date disbursed

Jan 20, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $106.33 at 5.60% annual rate over 1 month = $0.77

Service fee: $0.38

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Ask Baah a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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