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
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Loan Info
Project Type
Classic Loan
Disbursed amount
$198.00
Date disbursed
Oct 21, 2017
Repayment status
On Time
Projected term
9 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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