Loan to Expand My Mobile-Phone Shop

Atta

Akomadan, Ghana

100% repaid

Entrepreneur

Name

Atta

Member since

April 2016

On-time repayments

272 installments  •  42%

About Me

Childhood education has not been easy at all for me. After my father divorce my mother at the age of 5 when I was in primary four of my early childhood education, my mother too the burden all by herself to keep the family of four ( two boys and two girls ) going. She also saw to it that all our educational needs were properly catered for. Things were not easy for her in up bringing of the family since she had low level of education and not any proper work to do.

I had to help my mother in a labourer work as we charge a farm and clear the weeds for money. This sometimes made me stop schooling for some weeks until the work is over before I continue my schooling.

With the help of God and the hardworking of my mother, I was able to complete my primary and second cycle education with flying colours.

People in are community are loving and caring. They are also hospitable.

My Business

After my secondary school, having it in mind that there's nobody to help me to further my education since my mother is now old and week, I strive to earn a living and to save for my future education.

I've worked of peoples farm for sometime now and I have been saying since then.
I have manage to save some amount and I have also establish mobile phones shop where I deal with mobile phones and accessories and pen drives.

Of late people are into technology and the mobile phones business is growing high and high that is why I chose to invest in dealing with mobile phones and technology equipment.

I the profit I earn from my business, I reinvest it in my business because my dream is to take this business to the next level which am yet to attain.

Loan Proposal

I will use the money to expand my phone shop and stalk in more phones.
Also am planning to take some of my phones to door to door and offices to offices to enhance quick sales and distribution
This will cost me about US $195 and probably more than that.

If I am able to raise a loan to expand my business, I will be able to earn a promising profit which I will reinvest some in the business and use some to cater for my sick mother and my siblings.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Apr 29, 2016

Repayment status

On Time

Projected term

6 months

Other loans

Lenders

Craig Newmark

United States

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