Maintenance/service equipment

Isaac

Abetifi Kwahu, Ghana

Expired

$581 to go

0% funded of $581 goal

0

days left

Entrepreneur

Name

Isaac

Member since

November 2015

On-time repayments

132 installments  •  55%

About Me

I am Isaac Asare Boahen from the family of Freeman Asare. I am the last born of nine siblings. I have Bsc.mechanical engineering from Kwame Nkrumah university of science and technology,Kumasi-Ghana.I always believe that success is for those who have the power to persist in other to make it happen.I remember at my final year at school,thing were very hard to pay for my tuition fees.I went to talk to a friend to tell him about it,he promise to help me but later ask how I am going to pay him.Since I dont have any souce of income,I thought of starting something which will help me pay my friend and also fund my project work.I went outside campus to one big phones shop to meet the manager,I gave him my business of getting into mobile phones but done have the capital now since I am a student,he was happy that I want to start a business whiles in school. He asked me to make a copy of my student ID and submit it to him.I did it the next day and the journey of my dream business started. He gave me five phones to start, I sold them on campus and went to pay him,he gave me new one and this time seven phones. I understand business startup to be trust start not capital to start. I now have a shop at the eastern of Ghana. This is a business area where I want to grow my business to a whole shop. I want to prepare myself financially so that i can build a good career for my children and also help the needed in my community. I love football,swimming and reading business books and financial market news.

My Business

I have a mobile phone where I am making close to $200/week. Due to the high demand of this items in my area,there is a need as a businessman to sort for funds to increase my supply. All the businesses at the area travel to accra,the capital city to buy stock for their shop.Which will be ideal for a wholesale shop at the area.The phones prices ranges from $50- $300 and profit magine ranges from $5-$35. I Reinvest this profit to help me build my wholesale shop dream.

Loan Proposal

Thank you lenders for always be of Help to me, I am here once again to ask your kind support in order to assist me buy equipments to will enable me render my service in the community. I know with your help to get those tools, I can help most people service their pump and also employ some youth in the community. With $800, I can get all the tools set for business. Thank you

Feedback

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1

  • Julie    Apr 23, 2019

    Did well in the beginning, but then appears to have abandoned the last half of the loan??

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Loan Info

Project Type

Classic Loan

Amount requested

$581.00

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