Loan for business expansion: telecom, momo & barbershop

Samuel

Accra, Ghana

100% repaid

Entrepreneur

Name

Samuel

Member since

November 2020

On-time repayments

19 installments  •  37%

About Me

I am an entrepreneur by name Samuel. I traded in merchandise products like wholesale and retail of telecom scratch cards, mobile money and also into barbering service as well.
I have been in business over five years, and with three different branches as well in different locations.
Am aiming to become a dealer in the telecom scratch cards in order to take the entire markets by supplying all wholesalers and retailers within my community. This will bring about business expansion, create more employment and maximize profit as well.
I need to raise about 100,000gh to become a dealer but currently have not less than 50,000gh.
Am now seeking for loan not more than 50,000gh to add to my capital in order to forward my application.
Some of the money will be ejected into the mobile money and barbering saloon as well to always satisfy our customers and provide them quality services.
I can assure you that, the telecom scratch cards, mobile money and barbering saloon have high patronage because scratch cards and mobile money are necessities and we cannot live without them.
This is an assurance that, profit is a must if all other things being equal.

My Business

I deal in wholesale and retail of telecom scratch cards, mobile money services and barbering saloon.
Source of income is self finance.

Loan Proposal

Everyone has a purpose for accessing loan, other for personal or business or other means.
Am mainly focus in expanding my business by increasing stock, capital, creating good and favourable working condition for my workers and customers and also seeking for a sub dealership in telecom rechargeable cards. Since all these cannot be achieved with the little loan accessible, then I will increase stock so that I can meet customers demand and satisfaction.

Income Source

I always believe that every business man should not focus on only one stream of income so that in case there is challenge or a problem you won't total be wiped out of business.
I have multiple streams of income aside my normal business. So anytime this didn't go on well in one aspect, others support and this is what have sustain me in business so far.
In case of any economic crises, I believe and rest assured that I will be able to repay my loan.

My Videos

Jan 7, 2021: Business expectations from zidisha

Feb 7, 2021: How zidisha has helped my business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$122.00

Date disbursed

Dec 29, 2020

Repayment status

On Time

Projected term

1 week

Lenders

GB

Gernot Barnreiter

Vienna, Austria, Austria

A

Anonymous

United States

V

Victoria

United States

Brian Herrmann

Chicago, United States

V

Václav

Czech Republic

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

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