Loan to expand my phone shop and accessories

Oppong

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Oppong

Member since

January 2016

On-time repayments

52 installments  •  69%

About Me

It is with pleasure that I write you and request funding for my business. First let me introduce myself. I am Oppong Stephen, born on 20th March 1975, so I am now 40 years old. I come from Kumasi, Ashante Region of Ghana. I had my basic education at Miracle Junior High School and then further at Osei Tutu Senior High School. After I completed my Senior High School, money became a problem for my parents to continue my education to the university. So, I needed to help my parents at their farm work for two years, and then they were able to raise money to further my education to University of Cape Coast to offer my degree certificate. My hobbies are reading, watching movies, swimming and jogging.

My Business

I engage in selling phones and accessories. It is a good business and it is growing well because I manage it well. I use it to support my children's school fees and my family members for living. I chose this business because people in my area here walk a far distance before they can get access to phone and credit card to buy. My business is located at a vantage place giving it good visibility — something important for good sales numbers. Through Zidisha and lenders, my business has been improved and I was able to serve my customers well, and my profits have increased about 50%. I am very grateful to you all.

Loan Proposal

I mostly sell Chinese brands of telephones and some original ones like Nokia, Samsung... My goal is to expand my business by increasing my stock, especially of Android phones; they're more expensive but are high-quality. These kinds of phones and credit cards are popular with my customers because Android phones can quickly access the Internet and they have more applications.i am leading with my dear leaders to help with $100 in order to expand phones accessories and credit card to help my business to grow .Thank you

Show original English  

About Me

It is with pleasurre that I writte you and requestt fundingg for my business. Firstt lett me introduce myself. i am Oppong Stephen born on 20thi march 1975 so i amn nown 40years oldd .i comee fromn Kumasi Ashante Region of Ghana.i hadj my basiic education at Miracle Juniorr Highh Schooll and then furtherr at Osei Tutu Seniorr Highh School.Afterr i completedj my Seniorr High School moneyy becamee problemn for my parentt to continuee my education to the universitty.so i needj to help my parentts at their farm workk for two yearrs and they were able to raisedd moneyy to furtherr my education to universitty of cape coast to offerj my degree certificate.i am.my hobbies are reading,watching movies swimming and jogging.

My Business

i engagej in sellingg phones and accessories it is goodf businesss andd it is growingg well becauses i managee it weljl .thatt all i usee to supportt myy children school fees and my famiyly memberrs for livingg.i chosje this businesss becausse peoplee in my area here walkk far distancie beforee they can gett accesss to phonne and credit card to buyy and my businesss is locatedd at vantagge placce givingg it goodd visibilitty — somethingd importanrt for goodd salees numberrs. Throughh zidisha and leaders my businesss has been improvee and i was able to servee my customers well and my profitts has increasee about 50% and i am very gratefull with you all.

Loan Proposal

I mostly sell Chinese brands of telephones and some original ones like Nokia, Samsung... My goal is to expand my business by increasing my stock, especially of Android phones; they're more expensive but are high-quality. These kinds of phones and credit cards are popular with my customers because Android phones can quickly access the Internet and they have more applications.i am leading with my dear leaders to help with $100 in order to expand phones accessories and credit card to help my business to grow .Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 26, 2016

Repayment status

On Time

Projected term

2 months

Lenders

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

Ask Oppong a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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