To expand my cybercafe business

Richard

Berekum, Ghana

12% repaid

Entrepreneur

Name

Richard

Member since

August 2016

On-time repayments

160 installments  •  38%

About Me

My name is Richard Nti i was born on the 31st day of october 1979 at Fetentaa-Berekum in the Brong Ahafo Region of Ghana.
I stated my education at Fetentaa meth. prim and JSS and continoued at Asankrangua senior secondary school where i had my sssce certificate.
I further went to Sunyani Polytechnic to persue a Higher National Diploma in Accounting.
After completing the above programme i was fining it difficult to get job, i wrote series of applications to some financial institutions but no avail.
In jan 2012 i find my self in Dalex finance and leasing co. as a sales executive
where i manage to establish my own business ie a computer shop with one computer and one printer in the Berekum municipality of Ghana.
Now business is growing very fast andi need more cash to support the business.
The Land of Ghana is very fertil and can support many thinks in Ghana.
I am a male single looking forward to get married in the next two years.
My favourate football team is Liverpoool in the barclays premier league.

My Business

The goods and services that i offered to peoples are making photo copies, printing of invitation cards, book binding, Letters,selling of pen drives and printing of examination question for basi schools.
These goods are daily used by people in ghana that is why i choose those goods.
The cost revenue is not static it can sometmes increase and can also decrease but average is around GHc 450 after all expenses ie one month.
The profit will take care of my children. on the other hand profit on this loan has been used in establishing school and is going on very well with me.

Loan Proposal

This loan when approved I will try my best to buy an extra five desktop computers which will enable me to expand my cyber link beyoung expectation.
I hope if this loan is approved it will increase my profit margin from the previous one of 50% to about 80%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,152.00

Date disbursed

Nov 4, 2017

Repayment status

Late

Projected term

25 months

Lenders

Cloudways

Malta, Malta

Dave Bogard

New York, United States

MD

Miles Dodge

CORVALLIS, United States

E

erica

antwerpen, Belgium

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

N

Nick

United States

wissam

Jeddah, Saudi Arabia

A

Andrei

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

M

Mark

Toulouse, France, France

Paul Buchheit

Mountain View, United States

Tyler Metcalf

Utah, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

AD

Andrew DiMuro

United States

sbdoc

Reno, United States

Peter Morse

Amesbury, MA, United States

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  • Richard    Apr 18, 2022

    Business went down due to some circumstances.
    Now business is back and moving on well for me.
    Thank You
    Richard

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  • Richard    Apr 16, 2022

    Business is not functioning properly.
    Now gathering momentum to get thins better hopeful things will get better in the next months
    Thank you
    Richard

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  • Richard    Apr 16, 2022

    Business is not functioning well.
    Now trying to mobilizer funds to expand the business

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  • Richard    Jul 9, 2019

    Business is not good this week
    Thank You
    Richard Nti

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  • Richard    Jun 19, 2019

    Dear Lenders
    I had a serious problem in my work place that is why instalment amount was not coming, now it has been resolved and I promise not to fail any instalment when they fall due.
    Thank you Lenders for your patience.
    Richard Ntu

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  • Richard    Jun 18, 2019

    Dear Lenders
    I want to increase the instalment rate since the business is now florishing

    Thank You

    Nti

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  • Richard    Feb 19, 2018

    Business rundown
    That's I encountered a lot of challenges which will be resolved by April 2018.
    Thank You
    Richard Nti

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  • Richard    Dec 11, 2017

    Please margin this week is not encouraging
    Thank You

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  • Richard    Nov 21, 2017

    There is a challenge with one of my machines due to that i cannot pay the installment due.
    Thank You
    Richard Nti

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  • Richard    Nov 5, 2017

    Dear Lenders
    I have received the loan
    Thank You very very much
    Richard Nti

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  • Richard    Nov 2, 2017

    Dear Lenders
    Thank you very much for funding my loan.
    Firstly I will buy one photo copier machine , one laser jet printer and rest will be use to buy pen drives.
    This equipment will help me to increase my profit margin as well as repayment of the loan.
    Thank you once again my lenders.

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  • Richard    Oct 21, 2017

    Dear Lenders
    Please the previous loan was a fantastic and it helped me to expand my business to a level in which I was not expected to reach
    Thank You for assistance.

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  • Richard    Oct 15, 2017

    Dear Zidisha Team
    Please payment made on the 10th of Oct.17 has still not been credited to my account.
    Amt 730
    Date 10-10-17
    Mtn no 0242143538
    Thanks
    Richard Nti

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  • Richard    Oct 13, 2017

    Dear Lenders
    Payment made on the 10th of oct.17. has still not been credited to the account.
    Amt 730
    Thanks
    Richard Nti

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  • Richard    Oct 10, 2017

    Business is now good for me

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  • Richard    Sep 30, 2017

    Dear zidisha team
    Payment made on the 26th sept.has still not been credited to my account.
    Amt ghc5
    Kindly fix it .
    Thank You

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  • Richard    Jun 20, 2017

    Business has falling below average.

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  • Richard    May 2, 2017

    business is not booming this week due to heavy rain fall.

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  • Richard    Apr 11, 2017

    Dear Lenders
    I have received the loan .The amount is Ghc1815
    I will buy photo copier machine and pen drives.
    Thank you very much my lenders I will not disappoint you in paying the loan.
    Kindest regards
    Richard

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  • Richard    Apr 10, 2017

    Dear lenders
    I firstly want to say thank you my lenders for approving my loan .I will continue to pay the loan on time.
    Firstly I will use the money to buy one photo copier machine costing four hundred dollars $400 and six additional pen drives costing fifty dollars $50.
    Secondly with this amount I can increase my profit margin from 40% to 50%.
    Thank you all my lenders for this big time opportunity.
    Best regards
    Richard

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