Mobile phones and laptops for my shop

Ruth

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Ruth

Member since

April 2015

On-time repayments

22 installments  •  55%

About Me

My name is Ruth Asuamah , I was born on 31st December ,1982 in Berekum , Brong Ahafo Region. My father's name is Ansu Kwame George Boateng and my mother is called Rita Kyeremaa Nora, all from Berekum .
I started school at Berekum Methodist Primary B School in Berekum . In 2002,I sat for the Basic Education School Certificate Examination
I continued my education at Berekum Senior High School , Berekum . I also completed the senior high school in 2005.
After completion, I became a teacher in St. Hubert Preparatory School in Akrofro near Berekum .
In 2007, I had admission into University of Ghana, Legon.
I completed University of Ghana in 2012. I am now a teacher in Yiadom Boakye Experimental Basic School in Kumasi, teaching Fine Arts and Graphic Design .
My family is made up of my father, mother and my brother called Kwasi Bismark Adjei Richard.
In 2012, I established a phone shop in Kumasi .

My Business

In 2012, after completion of the university, I established a phone selling business and name the business ,Ruth Phones and Computers Shop at Kumasi KNUST. I sell phones of all kinds, commonly nokia , htc, samsung among others .
Also you can get smart phones like android and windows phones .
Phone accessories like screens, ear phones, ear pieces, mouth pieces , screen guides, chargers , batteries, covers, usb drive, SD cards .
I am planning of adding more items like calculators and computers. I have employed one person to help me in the shop which I pay her monhtly

Loan Proposal

Firstly, let me thank the lenders for granting me the first loan. God richly bless you all. With the first loan I was able to buy more additional phones into the shop. Business was improved.
If my second loan is granted, I will use it to purchase more phones such as Nokia, Sony, and other phones. I will also buy smartphones into my shop.And purchase more phone items like batteries, screens , screens protectors , phone covers , phone housing.Laptop batteries, chargers, screens and among others will be bought.
I will be able to pay taxes without difficult . I will also help my parents in terms of paying school fees of my sisters and brothers.
I can also pay my workers at end of the month with easy. I'm making plans of buying laptops if the loan is granted. Also I will employ additional person to work at the shop .
I have decided to continue my education, so I can use some of the loan in addition to income from the sales of phone to buy admission forms.
All what I have mentioned above will cost me about 2000 dollars. So I needed the second loan and add it to my income to be able to purchase the items. Now that , the loan has not granted my business is not flowing as I wish it to be. Please help me solve this problem.
I wish my loan application will be given the needed consideration. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$105.00

Date disbursed

Sep 2, 2015

Repayment status

On Time

Projected term

8 weeks

Lenders

investor

Candiac, Canada

T

ToddK

Indianapolis, IN, USA, United States

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

Matching Fund

Sterling, United States

C

chrishol

United States

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

C

Crainster

Chapel Hill, United States

A

adamdreaming

United States

MW

Matt Willis

United States

jtreyes

United States

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