Loan to purchase mobile phone accessories into my shop
Asare Benewaa
Amantin, Ghana
26% repaid
Entrepreneur
Name
Asare Benewaa
Member since
December 2015
On-time repayments
200 installments • 25%
About Me
My name is Asare Benewaa a girl from Twifo-Praso in the Central region of Ghana.I am 23 years of age. I started my basic school in Praso D/A Experimental School.I also went to senior high at Aggrey Memorial SHS. After my senior high education,I went to Cape coast polytechnic and I offered marketing as a course. My parents are Mr. and Mrs Asare. I have two brothers. I am the second born of my parents. It is my dream to go high to make a living so that I can help look after my kids when the time arises. The food I like best is rice and palava sauce. My hobbies are reading, watching movies and swimming.
My Business
I started my business some years after completing my education. I have a small metal container shop where I sell call credit cards.I sell call credit cards such as Vodafone, MTN, Airtel, Tigo, Glo etc. This is the business I used in feeding myself and my parents who are now aged. My profit keeps on increasing every week because I have a lot of customers who buy from me. I mange to get $90 dollars every week and it helps me a lot in catering for my aged parents and my younger brother. It is my dream to expand my business so that I will increase my profit margin.
Dear lenders, I am very grateful for your support. The first loan has given a tremendous boost to my business. It has increased my profit margin by 60% and also increased my base capital by $150.
With the aid of the increase, I have added mobile phone accessories to the business. Once again I am very grateful.
Loan Proposal
Dear lenders, I am very grateful for the first loan given to me. I used the money to purchase the recharged credit cards. Dear lenders, the loan has boosted my business to the highest level. It has increased my profit margin by about 60% and also raised my start-up capital by about $150.
Dear lenders, l would also like to apply for a new loan of $285.00 to purchase more mobile phone accessories into my shop. When this loan is given to me, I will use it to expand my business by purchasing more mobile phone accessories to fill my shop. I will buy mobile phone accessories such as batteries, chargers and ear phones which are not enough in my shop. When this loan is given to me it will increase my profit margin by 70% so my lenders help me achieve this vision. Thank you .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$285.00
Date disbursed
May 5, 2016
Repayment status
Late
Projected term
43 months
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