Loan to expand my phone and tablets business
Jerry
Accra, Ghana
33% repaid
Entrepreneur
Name
Jerry
Member since
August 2014
On-time repayments
79 installments • 11%
About Me
Am Jerry Mensah Acomputer technician who like browsing the internet and reading Articles online.I love computers and to search for new technologies online on my free time.Am single and hard working, I love to do business so i decided to sell computer tablets and phones, i started this business 2 years Ago. With no money to start i my business i moved from shop to shop to enquire about precises i could walk a whole day on the street of Accra for the best price on computers, tablets and phone.After gathering the all the price that i got i now compare them and place advert online that i have those items in stock with me placing a little money on it so if people call i direct them to the shop that i enquire from and they buy from there so make a little profit from it continued for a year until i was able to gather money to setup my small shop so started picking from the shops to my store to sell.But i have never regretted starting this business it has really helped me, i mow want to start importing the items myself, And expand my shop to also employ to create employment in my community, because if i have about three i have to get people to handle it for me that create employment for someone.
My Business
My business is focused on the sales of computers,tablets, phones and accessories.I chose this business because the demand for this items is very high in my country.if you look at every office now a days they use laptops and will like to purchase it Accessories too, so i have a big a market for it.Each everyone need a phone and are welling to upgrade their phone all the time that creates a big opportunity when you have new Phone all the time.And i make sure i have the latest things in the world of technology so i have now added Tablets to my business which is in high demand too this time.People are looking for portable things that they can hold around all the time, so with the introduction of the Tablet is good thing for my customers.I have develop a nice marketing strategy, i do most of my marketing online to target there people in the office who are busy during week days and can not move around for things with if the customer express interest on the item advertised online i take the item to the customer and his or her location and he or she pays for it .I want to open up my business to get more item too.The business is doing well but need some money to push in to be able to buy more items.
Loan Proposal
When I am fully funded in this loan,It will help me expand my Phone and Tablet PC business will add the money to my savings to buy more Tablets PC.The Tablet PC is an intriguing new development in portable computing technology.A Tablet PC is a portable computing device which looks much like a detached screen from a conventional notebook computer, or perhaps a hand-held computer that's been scaled up.Students off late don't want to carry laptops around, so they need something portable that create a big market for the tablet PC. I started with only one tablet PC but now i buy 4 and sell but with the help of this loan it will enable me to buy about 6 at a go, $75 for each because the more you have and sell there more profit you get out of that.If am granted this loan it will go a long way to help me achieve more in my business, we do business to to make profit and i believe will profit more with the help of this loan from you because it will increase the things i will be buying and will be earning more from it.The universities have just open and they are my target for now, with 6 six tablet PC in my hand can sell about 3 a week. I really need this loan to help me buy more tablet because is a hot product which everyone wants to have.Kindly grant me this loan to help my business..Thank You In Advance
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 24, 2014
Repayment status
Late
Projected term
76 months
Lenders
Shanghai, China
Maputo, United States
Summary
Amount repaid
$79.00
Amount remaining
$158.50
Expected completion
Apr 8, 2016
Status
Repaying late
Installment amount
$0.50
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 3, 2014 | $28.50 | Oct 4, 2014 | $28.50 |
| Oct 10, 2014 | $0.00 | ||
| Oct 17, 2014 | $0.00 | ||
| Oct 24, 2014 | $0.00 | ||
| Oct 31, 2014 | $0.00 | ||
| Nov 7, 2014 | $13.25 | Nov 8, 2014 | $13.25 |
| Nov 14, 2014 | $13.25 | Nov 16, 2014 | $13.25 |
| Nov 21, 2014 | $0.00 | ||
| Nov 28, 2014 | $0.00 | ||
| Dec 5, 2014 | $0.00 | ||
| Dec 12, 2014 | $0.00 | ||
| Dec 19, 2014 | $0.00 | ||
| Dec 26, 2014 | $7.50 | Jan 18, 2015 | $7.50 |
| Jan 2, 2015 | $0.00 | ||
| Jan 9, 2015 | $0.00 | ||
| Jan 16, 2015 | $0.00 | ||
| Jan 23, 2015 | $0.00 | ||
| Jan 30, 2015 | $0.00 | ||
| Feb 6, 2015 | $3.75 | Feb 27, 2015 | $3.75 |
| Feb 13, 2015 | $0.00 | ||
| Feb 20, 2015 | $0.00 | ||
| Feb 27, 2015 | $0.00 | ||
| Mar 6, 2015 | $0.00 | ||
| Mar 13, 2015 | $0.00 | ||
| Mar 20, 2015 | $2.50 | May 24, 2015 | $2.50 |
| Mar 27, 2015 | $0.00 | ||
| Apr 3, 2015 | $0.00 | ||
| Apr 10, 2015 | $0.00 | ||
| Apr 17, 2015 | $0.00 | ||
| Apr 24, 2015 | $0.00 | ||
| May 1, 2015 | $0.00 | ||
| May 8, 2015 | $0.00 | ||
| May 15, 2015 | $0.00 | ||
| May 22, 2015 | $0.00 | ||
| May 29, 2015 | $0.00 | ||
| Jun 5, 2015 | $0.00 | ||
| Jun 12, 2015 | $0.00 | ||
| Jun 19, 2015 | $1.25 | Jul 21, 2015 | $1.25 |
| Jun 26, 2015 | $0.00 | ||
| Jul 3, 2015 | $0.00 | ||
| Jul 10, 2015 | $0.00 | ||
| Jul 17, 2015 | $0.00 | ||
| Jul 24, 2015 | $0.00 | ||
| Jul 31, 2015 | $1.00 | Aug 28, 2015 | $1.00 |
| Aug 7, 2015 | $1.00 | Aug 28, 2015 | $1.00 |
| Aug 14, 2015 | $1.00 | Aug 28, 2015 | $1.00 |
| Aug 21, 2015 | $1.00 | Aug 28, 2015 | $1.00 |
| Aug 28, 2015 | $0.00 | ||
| Sep 4, 2015 | $0.00 | ||
| Sep 11, 2015 | $0.00 | ||
| Sep 18, 2015 | $0.00 | ||
| Sep 25, 2015 | $0.00 | ||
| Oct 2, 2015 | $0.00 | ||
| Oct 9, 2015 | $0.00 | ||
| Oct 16, 2015 | $0.00 | ||
| Oct 23, 2015 | $0.75 | Oct 15, 2015 | $0.75 |
| Oct 30, 2015 | $0.75 | Oct 15, 2015 | $0.50 |
| Oct 28, 2015 | $0.25 | ||
| Nov 6, 2015 | $0.75 | Oct 28, 2015 | $0.50 |
| Dec 1, 2015 | $0.25 | ||
| Nov 13, 2015 | $0.75 | Dec 1, 2015 | $0.75 |
| Nov 20, 2015 | $0.75 | Dec 1, 2015 | $0.75 |
| Nov 27, 2015 | $0.75 | Dec 1, 2015 | $0.75 |
| Dec 4, 2015 | $0.00 | ||
| Dec 11, 2015 | $0.00 | ||
| Dec 18, 2015 | $0.00 | ||
| Dec 25, 2015 | $0.00 | ||
| Jan 1, 2016 | $0.00 | ||
| Jan 8, 2016 | $0.50 | Mar 4, 2016 | $0.50 |
| Jan 15, 2016 | $0.50 | ||
| Jan 22, 2016 | $0.50 | ||
| Jan 29, 2016 | $0.50 | ||
| Feb 5, 2016 | $0.50 | ||
| Feb 12, 2016 | $0.50 | ||
| Feb 19, 2016 | $0.50 | ||
| Feb 26, 2016 | $0.50 | ||
| Mar 4, 2016 | $26.50 | ||
| Mar 11, 2016 | $26.50 | ||
| Mar 18, 2016 | $26.50 | ||
| Mar 25, 2016 | $26.50 | ||
| Apr 1, 2016 | $26.50 | ||
| Apr 8, 2016 | $22.50 | ||
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