Inventory of rechargeable credit cards into my shop

Okyei Opoku

Duayaw Nkwanta, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Okyei Opoku

Member since

July 2015

On-time repayments

73 installments • 56%

About Me

My name is Okyei Opoku Francis.I come from Duayaw Nkwantain the Brong Ahafo Region of Ghana.I am 28 years of age .I was raised by my parents in Duayaw Nkwanta .I attended my basic school at the Presbyterian basic school.I furthered my education to the senior high at Duayaw Nkwanta senior high school at Duayaw Nkwanta.After completing my school in the year 2007, i passed well and got an admission into the university but unfortunately for me my father who will take care of me got a motor accident and died.so i have to stop and do some labor work to look after my two brothers who are then in the basic by then.through this labor work that i got some capital to start my business i operate now. Is my dream to help my little brothers till they complete their tertiary education and find their own job . The food i like best is banku and rice.my hobbies are reading books and watching movies i am also kind and love every one.

My Business

I started my business about some years ago with a capital of $96 .The name of my business is OKYEI VENTURES.I sell credit cards like tigo,mtn,airtel,expreso,glo etc.i choose this business because now mobile phone and the internet is one of the main source of communication now.the most faster;s means of communication is the telecommunication and internet.people buy credit cards day in and day out the across and my town as well. I managed to get $30 profit every week which helped me a lot to look after my little brothers at school.my capital have raised from $96 to $310 .this all because of hard work and determination.I want to expand my business so that i can also employed some who is unemployed.I need some extra amount of $100 to help me buy enough credit cards so that i will get more profit.

Loan Proposal

Thank you my dear lenders for your support and kindness .The first loan given to me has brought a massive improvement into my business .With the profit of the first loan,i managed to rent another shop which i have employed some one who is managing it for me.My dear lenders ,i need a second loan of $258.00 to help me buy more rechargeable credit cards into my new shop because there is not enough credit cards in it.When this loan is given to me, i will use $106.00 to buy Tigo and Airtel .I will also buy MTN and Vodafon which will also cost me $152.00.The selling of credit cards is a nice business because almost every body in my area uses mobile phone as a mean of communication.When i get this credit cards into my new shop it will increase my profit margin by 90% so my dear lenders help me and i promise to repay my loan on time as i did in my first loan.Thank you.