Loan to boost my mobile phone business

Joseph

Adenta, Accra, Ghana

2% repaid

Entrepreneur

Name

Joseph

Member since

April 2016

On-time repayments

208 installments  •  3%

About Me

I am a nice looking young man of 28 years and I am in the person of Joseph Mensah.
I am into mobile phone sales business.
I am not married but I have a boyfriend. I live in Adenta in the Greater Accra region of Ghana.
I like dancing and hiking.
My favorite food is banku and groundnut soup. My dream is never to be a worker for anyone, but be a worker for myself.

My Business

I purchase and sell mobile phones. I have built a container in which I sell my products.
I have four employees.
We sell mainly TECHNO phones. I usually buy them from the TECHNO office.
I wish to import them one day.
We have customers in and around Achimota, Circle and Abeka.
We operate on cash and carry system. This system does not permit us to credit our goods to customers.

Loan Proposal

With the loan of GHS 564, I have decided to go in for the following phones brands since they are on the incressed demand. The following are the phones;
4 Nokia phone at a cost of GHS 50 each, amounting to GHS 200,
4 TECHNO phones at a cost of GHS 50 each, amounting to GHS 200,
1 Samsung phone at a cost of GHS 180

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 12, 2016

Repayment status

Late

Projected term

48 months

Lenders

PG

Paul Graham

United States

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