Mobile phones and accessories

Bright Osei

Berekum, Ghana

100% repaid

Entrepreneur

Name

Bright Osei

Member since

April 2016

On-time repayments

182 installments  •  40%

About Me

Am Bright osei am not marrige and no kids am the last born of my family ,I come from berekum in Brong Ahafo Regoin , Ghana. My parents are farmers and the use farms as thire business.
I complet Education
level and due lack of school fees was unable to proceed with my education. I have been doing manual work to sustain myself and my family five years ago I started a small business.
I sell cheap mobile phones and accessories. I started the business with a capital of 3000. This was from my small micro finance which I was introduced to by a friend the growth is slow due lack of capital of for expansions. The financial institutions demands collateral and charge high interest rates.
This loan will help me to increase the stock (buy more new mobile phones, accessories and electrical items) this loan will transform my life by helping to pay for my kids school fees and help my parents and the society.

My Business

My Business

My business deals with cheap mobile phones and accessories. these phones are Alcatel, Bird, Nokia, Samsung, Techno and accessories like flip covers, batteries, cases earphones and mobile spare parts. It is a small retail business where these items are sourced from a whole seller and sell them to customers per item at a relative price for a small profit. My business has improved my standard of life of community by providing available and cheap communication devices which are not available in the local community. The money gathered from the business is used for sustaining me and chipping in paying fees for my two siblings. Sales vary with days; there are times when I make a profit of four hundred per day. My costs include rent, electricity and other expenses.

Loan Proposal

i thank all zidisha teams fo accept me and i will sue this loan for buying another land for myro my phone shope and that amount i will need to use this buseniess will coast about 1500gh,and now my profit is moving good .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$144.12

Date disbursed

Sep 5, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $3.55

Lenders

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explosionsky

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Landei

Sandersdorf-Brehna, Germany

mrgonzalo

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D

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pvilliger

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Paul Buchheit

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jsbisa

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E

edbean

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Y

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Kai

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BK

Brianne Keyes

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Lisa Hendry

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DC

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PG

Paul Graham

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Mark Grey

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J

Jeff

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DM

Dimitri Malarme

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cchhrriiss

Munich, Germany

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

DW

Dan Winetsky

United States

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