Loan to buy and stalk my mobile phone shop

Alex Boahen

Atwima Takoradi, Ghana

2% repaid

Entrepreneur

Name

Alex Boahen

Member since

June 2016

On-time repayments

41 installments  •  37%

About Me

My name is Alex Boahen ,I am 30 years old hardworking person.I was born in Takoradi. I grow up in a hardship family and attending school was a difficult to me.I tried many ways to cope with life but it became harder and harder.Until my friend told about Zidisha in which He assure me that I will get a support.I went to a day school but due to the situations of my family background I had to leave school and find other white collar jobs to even sustain my hunger alone.I tried farming but all in vain.Our climate of our home area is so arid that you cant grow any crops unless you try irrigation.

My Business

Sales efforts pulse and this phone I manage about 1 and half year ago with modest capital because I do not want to burden my parents because there are still my siblings schooling . In place of my sales, I provide various kinds of pulses of all operators. In addition, I also provide various types of mobile phones of all brands. Incidentally canvass of the mobile phone would entrust their goods to the agreement after the goods sold . My plan apply for these loans, which is to increase business capital , because sometimes I am still overwhelmed provide stock pulse as my capital is still minimal .__ Regarding the loan request of $ 550 I can afford to pay each week. I can pay from my credit sales of approximately $ 12. pushes me hopefully that with the online loan like this can further help me to improve future efforts.

Loan Proposal

Thank you dear Lenders and Zidisha team for the first loan you granted me with. This is my 2nd loan and I am appealing to you to honorably fund this loan again to enable my business be in its operation.They need my services in high rate. I used GHS3500 to start the business. I used the money from the business to look after my children in school. Investment in getting more customers. This will help me grow my business.I will use part of the money to buy more phones and accessories to my shop ($400) I will use part ($70) of the money to develop my home. I will use part ($50) to support the needy. The shop will be used by the people in my village and the neighboring communities. I will use part of the money (60) to hire laborers to work in the shop.
Currently, I have one person working there, so I will also employ a lot of people ($100) to reduce unemployment in my community

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$529.48

Date disbursed

Oct 31, 2016

Repayment status

Late

Projected term

61 months

Cost to entrepreneur

Service fee: $13.04

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