Loan for expanding of my laptop and phone business

Collins

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Collins

Member since

July 2015

On-time repayments

112 installments  •  67%

About Me

I was born on 19 april 1991 at manhyia in kumasi . I went to school and completed my high school education in the year 2011. After school i join my senior brother in phones and laptop business.Happy thing about my culture is it is attractive and it has unique history our dressings. In the near future i want my children to have good education.i remember once playing football in a team and i was the team player scoring crucial goal to win a local trophy in my town.

My Business

I sell phones,laptops memory cards 'headphones .these goods are useful since in our daily lives people nred to browse n and listin to music and news with their devices . This business really Works because its profitable. if i acquire a phone for GHC600 i am able to sell it 700. thus my revenue is 10% to 15% of profit. I use the profit to reinvest in the business. For business expansion

Loan Proposal

I intend to increase justifiably my laptop and phone business ..with every laptop I buy , my profit margin will increase by20 to 30 % of the cost ..which is best and will benefit me and the business

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$198.00

Date disbursed

Oct 21, 2017

Repayment status

On Time

Projected term

9 months

Lenders

xtrahardware

Cazenovia, United States

PG

Paul Graham

United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

KJ

Karin Joy

Philadelphia, PA, USA, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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