Loan for my computer business

Richmond Asante

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Richmond Asante

Member since

August 2015

On-time repayments

184 installments  •  68%

About Me

I’m the younger brother in a family of four (4). Both my parents are very patient and have done the best they could for me.
I grew up in a very stable home. Both parents i.e. Dad and Mum are Driver and Petty trader respectively. Later, this stable home became distorted and leads to divorce 15years ago.
It leads to a total division of us where two of us chose our mother and the other two chose Daddy’s side. I was rather fortunate to be by my father. He began pushing me through my education. Later my father business spoiled and he was home so I could not continue. I became drop out from school. I involved myself in some business and I could raise money. I thought to go and do a computer programme. I went to the college to tell them about my situation of been a school drop out. The school offered my entrance exams to test my intellectual level. I had the exams and passed successfully. I was offered Business Administration-Secretarial Option. I completed and have my first career certificate. I was also zealous about computer. After, I spent two months in school to be thought hardware by one tutor who loves me so much in the school.
I also hard my computer hardware certificate and I came out to do attachment for three months in a certain hospital. I became through and I was employed to be Health Insurance Claims Processing Officer.
I thought of starting my own business. I begun it as a part-time base where I own myself a shop and begun repairing people’s computer. Because I use to repair computers at the hospital, as soon as my friends saw my establishment they begun marketing me and I became popular in the locality. I got to know Zidisha 3years ago and with the help of my lenders I have two branches. I want to get this loan to expand it if possibly a new branch.
The locality can boast of one big market which makes there unique where they offload yam in large quantity for sales. The most dominant festival is Christmas and Easter.
I want my children to grow up highly respectable and respecting, God fearing and become Pastors, Nurses and Lawyers.
I love going out for evangelism, playing ball, reading, researching and watching movies.

My Business

These days that the world is moving to a technological stage Computers have become keyed and necessary in the life and education of humans and is almost that every household have a computer and almost every company use computers for their activities. Three years ago I set up a computer shop that I repair computers and also provide computer assistance. Also I sell computers and accessories, troubleshoot computer problems, Computer networking etc. I chose computer business because, computers have become necessary and required in life in education, so I know, and it is almost that every household and company has a computer or computers and I know setting a business of this kind would be best. PC Repair will provide computer and technical consulting (repairs, training, networking and upgrade service). This computer business will be serving about 7 communities. The Market PC Repair has decided to focus mainly on the small business market, as these customers typically don't have a full-time IT person, but have full-time IT needs. PC Repair will offer an affordable, on-demand service for these customers. I can also offer maintenance agreements that generate additional monthly income. For my residential customers, we will offer a very affordable and helpful service with a very flexible schedule to meet their needs.
MY TYPICAL REVENUE ARE;
1. A job card is required before I collect and Service or open each machine
2. I buy second hand computers at cheaper prices and sell them for profit
3. I also sell computer accessories such as pc power supplies, memories, Mother boards, CD ROMs and others for profit
4. I network companies and industries on contract
One cost at my expense is when working a machine that is working but not active and later become not functioning, sometimes you may be charged to pay.
My Objectives are;
1. To provide the best service available to the community at an affordable price.
2. To generate substantial market share so that PC Repair is a common name.
3. Constant growth in sales from start up through year three.
4. To generate customer satisfaction so that at least 40% of our customer base is repeat business.
I will be using 50% of the profit to reinvest and expansion of the business, 30% for saving and remaining 20% for home and other use.

Loan Proposal

Dear Lenders,
I write to request for loan in your organization. I need this GHS 3,103 to invest in my business. This is to enable me to expand the business. I will buy computers to fill my shop in other to be competitive in my line of business within my locality. I will also add 1 or two flat screen televisions. This will help to make available of computers and computer peripherals and Flat Screen Televisions for customers right at their door steps when in need of them. 1 Flat screen is between $200 and I will buy 2 and is equal around $400, One dual core system unit is $70 and I will buy 5 and it is around $350. I will use the remaining to buy computer speakers.
If I have access to this loan I can be able to increase my Profit margin about 25%. I promise to pay it as scheduled.
I promise to abide by all your rules and regulations governing this noble firm.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$794.07

Date disbursed

Nov 16, 2016

Repayment status

On Time

Projected term

20 months

Cost to entrepreneur

Service fee: $19.75

Lenders

M

marycb

United States

W

Walter

Victoria BC, Canada

nicole

Worcester, Ma, United States

O

Oxfall

Gothenburg, Sweden

Vanamo

Helsinki, Finland

R

Rotterdammer

Rotterdam, Netherlands

D

Debock

Dresden, Germany

Scott

Oregon, United States

Svenip

Vienna, Austria

J

Jessica

Patagonia, Argentina

D

Darish

Clarksville, United States

JimVandegriff

Trinidad, California, United States

H

hilde

seattle, United States

Tavin

Ottawa, Canada

KirstenShute

Montreal, Canada

F

florian

Mettmenstetten, Switzerland

S

SvenWaage

Stavanger, Norway

L

leniwiec

Poznan, Poland

P

Prysdahl

Marshall, United States

mraph

Virginia, United States

S

SourceWebDesign

Nieuwegein, Netherlands

F

flaguy999

Tampa, United States

Anto82

Eraclea, Italy

O

ocnis

Seattle, United States

B

BigWillie

Belfast, United Kingdom

JOKer

Weisendorf, Germany

JonB

London, United Kingdom

H

Habroukema

Austin, United States

lizandsteve

guelph, Canada

NedRyerson

Munroe Falls, United States

M

Margi

Littleton, United States

Y

Yasmine

Edinburgh, United Kingdom

N

nycjen

United States

K

kabatscarlett

United States

C

ColoradoEmac

United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

K

KarinV

United States

utdream

United States

JonasL

Stockholm, Sweden

Per Dahl

Norrköping, Sweden

C

cactusgirl

London, United Kingdom

TheGoodData

London, United Kingdom

J

Jeff87

United States

M

mcortizo

Madrid, Spain

Sarah

Tangier, Morocco

ZH

zoe henley

United Kingdom

J

Joas

Hannover, Germany

UN

Uwe Neumann

Frankfurt Germany, Denmark

L

Lev

Israel

Robin Goodfellow

Vancouver, British Columbia, Canada, Canada

Lukas Petereit

Frankfurt, Germany

N

Nadine

Düsseldorf, Germany

PG

Paul Graham

United States

Isabella

UK, United Kingdom

Paul Smithson

Leeds, United Kingdom

Eugen Stamm

Zurich, Switzerland

MC

United States

BM

Billy Merritt

United States

AO

Amara Ogle

United Kingdom

V

Virginia

Chicago, United States

MW

Mandy Wilson

United States

F

Florian

Crailsheim, Germany

OH

Orion H.

United States

MT

Marco Tietz

United States

SH

Steven Huntington

London, United Kingdom

UK

Uday Kolluri

New York, Singapore

Carlo Cruz

Cincinnati, OH, United States

GT

Geoff Tucker

United States

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

DB

Daniel Bezerra

JABOTICABAL - SP - BRAZIL, Chile

Strong

Netherlands

AL

Aley Lira

Rio de Janeiro, Brazil

L

LK

United States

Ondrej Gutten

Prague, Czech Republic

Y

YTSJ

London, United Kingdom

Philip Schueler

Newbridge, Ireland, Ireland

metab

Estados Unidos, Hong Kong

A

Ashleigh

Australia

Mr Chris Turner

Cambridge forever England, United Kingdom

K

Katka

St Albans, United Kingdom

philippelazaro

Eugene, Oregon, United States

KE

Karen Epolito

Syracuse, NY, United States

T

tonym

Australia

RB

Rohit Bhatia

United States

MF

Marissa Fiore

United States

K

Kerry

United Kingdom

V

Vidar

Oslo, Norway

JL

Jessie Lamb

Portland, OR, United States

D

danilg05

United Kingdom

LK

Leslie Kelly

United States

MA

Michael Allen

Memphis Tennessee USA, United States

H

Huub

Switzerland

Iris

Ireland

I

isaac

United Kingdom

DK

Danny Kelly

United States

JC

juli camrud

United States

RC

Rudi Chen

United States

M

Magnus

Switzerland

SR

Sharyn Ribich

United States

B

Boris

Bern, Switzerland

Fanny Teppe

Lyon, France, Belgium

MK

Michael K

United States

MB

Mark Blatter

United States

WL

William Lisa

United States

KT

Kate Turner

United States

N

Nancy

United States

E

Erika

Ontario Canada, Canada

E

Elynne

United States

K

Kraig

United Kingdom

Julia Trigg

United Kingdom

W

Wim

Netherlands

NM

Neil M

London, United Kingdom

C P

Mazatlan, Mexico

SS

Sofia Shields

United States

K

Kenny

United States

SS

Steve Smith

Winchester, Ma, United States

Angela Linwood

Minneapolis, Minnesota, United States

DM

Dustin Maz

United States

Kevin

United States

B

Brett

Australia

L

Lucas

United States

G

Gerry

Netherlands

Bill Ballew

Kansas City, Missouri, United States

Majella

Dublin, Ireland, Canada

J Laufs

Germany

I

ixeldog

atlanta, United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

L

Linn

United Kingdom

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

E

Elle

New York, United States

Rick

United States

JA

Jason and Sandra

Toronto, Canada

K

Kirsty

Netherlands

L

Laura

San Francisco, United States

TR

Tereza Raf

Czech Republic

SA

Shar Alamdari

Los Angeles, United States

SP

Svetlin Panayotov

Targovishte, Bulgaria

J

jeananne

United States

MJ

Morgan Jones

United States

G

Gary

United States

SP

Stephanie P

United States

J

Jon

United States

Stuart

London, United Kingdom

L

Lucy

Australia

Evan Metzner

United States

J

jennie

Guatemala

Martin Kraus

Traiskirchen, Austria

Craig Newmark

United States

Romesh Fernndo

Perth, Australia, Australia

K

kamvien9

Australia

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Andrea

Rome, Italy

Humble Bundle Community

San Francisco, United States

chessplayer

Berlin, Germany

ES

Evan Simons

United States

R

Robert

Chicago, United States

JB

James Brooks

United Kingdom

P

Peggy

United States

JA

Joshua Axtell

United States

SM

Sue MacFarlane

United Kingdom

Katie

United States

NM

Nitya Marepally

San Ramon, CA, United States

Megan Strickland

Los Angeles, United States

BE

Bob Ewing

United States

JD

JASON DORSETT

United States

V

VJ

Canberra, Australia

JZ

Julia Zaks

United States

BP

Bill Piper

United States

WM

Wei Min

Kuala Lumpur, Malaysia

D

Dalton

San Francisco, United States

Charles Magnuson

Burlingame, California, United States

M

Mitch

United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

JC

Joseph Cheng

United Kingdom

GS

Gary Sinard

Franklin, TN, United States

EC

Edward Conrads

San Francisco, United States

R

Raffins

United States

MH

Meika Harris

United States

TB

Tim Barrett

United States

M

Mack

Harbor, Oregon, United States

Brent Gillespie

Little Rock, United States

John Sercel

Florence, United States

Donnal Walter

Little Rock, AR, United States

KR

Kathryn Roach

United States

JU

jeremy upsal

United States

Brandon Wright

Salt Lake City, Ut, United States

AD

Amy Darowish

United States

GC

Gabriel Collins

United Kingdom

R

RMIM

United States

SS

Sarah sewall

United States

Mike

Indianapolis, United States

DW

Dan Winetsky

United States

WC

Walter Clarke

Phoenix, United States

RF

Robert Foster

United States

PM

Peter Metzinger

Dietikon, Switzerland, Switzerland

CY

Carly Yoshida

United States

L

Liam

New Zealand

Paul Buchheit

Mountain View, United States

SS

Sandi Smith

Pimpama. Queensland, Australia

AH

Antioch House Church

Kansas City, Kansas, United States

S

Sarah

Arlington, United States

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