Kwaku
Accra, Ghana
100% repaid
Name
Kwaku
Member since
December 2016
On-time repayments
211 installments • 92%
I am a in the University Graduate and i engage myself in businesses to support myself in my education when i was in school and now i do businesses to support my family.these businesses helped me to pay for my School fees,practical fees, buy handouts and test books when i was in school and it was very successful and took me through school. Now these businesses helps me to support my mother in paying house bills, nd for house keeping as well since she is a single parenting and i have youngrr siblings as well.my childhood education is one i will say was best, i had the chance to a private school and it is there i met more rich kids who made me love to do business
the business i chose doing is selling of Phone accessories and computer accessories door to door on campus. i have also partner with my big brother in his shop which i have pictures of on my profile and invest in most of the small accessories he sells in the shop, i am also a mobile money merchant in the shop and also sells recharge cards and do credit transfer as well. i believe been on this platform is the best choice to make and i believe will enable me boost my business, this business of mine i never thought will reach this far but i am happy is booming just as expected. this time around i ll be adding selling of wall papers to the business since it is a very good business in the country now, people actually prefers using wall papers for decoration than painting and therefore i ll invest much into that as well and believe there will be much returns.
With this loan, i will use much of the money to buy the mobile money accessories which will be 100 dollars. I will then use 40 dollars to engage in the mobile money cash vendor business and use 25 dollars to purchase some few wall papers to be sold in the shop. This will help me to make a more profit since the business is really booming and when i purchase these, i expect to get a profit as much as half of the money i used to buy the items.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$195.00
Date disbursed
Jun 3, 2018
Repayment status
On Time
Projected term
35 months
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J May 22, 2018
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