Chima
Adabraka, Ghana
100% repaid
Name
Chima
Member since
March 2015
On-time repayments
181 installments • 78%
My name is Ogbonna Chima, I had a humble beginning growing up
with my siblings. I developed a love for computers at a very young age and used that love to develop myself.
While developing myself I learnt to be disciplined and prudent which came as a result of a 2 years missionary service for the church of Jesus Christ of Latter day Saints.
After my service, I started business and after saving up Ghc 2500, I used the money to open my office and started operating till date. With my keen interest in IT and good money management skills I have been able to grow this business to a profitable one.
I have an apartment I will be renting out. I will be doing renovation work so that it can be ready for a tenant.
After a careful survey of my area, a DSTV soccer viewing centre will fulfill the need for viewing of the english premiership and la liga matches as the DSTV premium bouquets is very expensive and 90% of household cannot afford it.
To watch their favorite teams, they have to pay Ghc 2 per match in DSTV soccer viewing centres.
I have a shop which I will use to set it up.
I will need.
Floor tiles and workmanship = Ghc 850
Chairs = 50 X Ghc 15 = Ghc 750
Painting = Ghc 175
Projector = Ghc 2250
DSTV Bouquets = ghc 330
Total = Ghc 4355
Revenue:
saturdays = 50 X Ghc 2 (1 match) = Ghc 100
3 matches a day = Ghc 300
Sunday = 3 macthes = Ghc 300
Minimum total revenue a week = Ghc 600
Cost of service:
DSTV (weekly) = Ghc 82.5
Lightbill (weekly) = Ghc 25
Total cost = Ghc 107.5
Profit Ghc 600 - Ghc 107.5 = Ghc 492.5
By financing this loan, you will be able to create employment and enable self reliance
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$710.00
Date disbursed
Jun 3, 2018
Repayment status
On Time
Projected term
2 months
Other loans
Ask Chima a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.