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.
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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
Other loans
Lenders
United States
Taiwan
United States
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