Mobile phones, mobile money and Bitcoin

Godwin Yaw Bush

New Achimota, Ghana

100% repaid

Entrepreneur

Name

Godwin Yaw Bush

Member since

January 2015

On-time repayments

192 installments  •  100%

About Me

My name is Godwin Bush I am graduate of the University Of Ghana, with a first class honous i must say going through school was one of the most challenging task for me; coming from a family that is not that sound financially meant i had to struggle to see my self through school and to the glory of God i was able to achieve that fet. The challenges of paying my own tution fees made me think outside the box and also rewired my thinking and gave me the desire to create my own business, that will give employment to many of my kind. In line with this goal i started my first business when i was in school, that is the sales of recharge cards to students since it was a need and also i started rendering mobile money services; with hardwork and discpline i was able to grow the business and gave employment to other student on the different part of campus. I love reading and solving people's need.

My Business

My business is buying mobile phone recharge cards from the wholesale and selling it to the end user. I also serve as a merchant for moblie money services for most of the telecommunications companies where people can come and withdraw or send money. I also sell mobile phones to most of the people who cannot afford to buy it outright and therefore i allow them to pay for it on instalment. There is high demand for the credit cards and also the phones, i make an average of about 4% profit on all the sales i make and i plough back the profit into the business since i want to expand it to become a bigger firm that will employ many. I chose this line of business because communication has become a part of society and also there is the gradual shift from the traditional way of send cash to using mobile money services since it is safer , faster and more convenient also the potential for success is huge, since there is demand for these services

Loan Proposal

I will restock my phones and the credit with about 400$, and will also top up my mobile money vendor account with 300$ then i will buy more of the bitcoin from the minners with the remaining balance, i expect to make a profit margin of 35% percent which i will reinvest into the business.
As you have supported me in the past i still look forward to your assistance in getting this loan fully funded.

Feedback

1

None

None

  • Eric West    Apr 25, 2019

    Very positive experience, with excellent results . . . congratulations to you Godwin Bush . . . very impressive . . . you are an outstanding young man, with a bright future . . . I was happy to be able to help . . .

    Eric

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,946.00

Date disbursed

Jun 18, 2018

Repayment status

On Time

Projected term

6 months

Lenders

Cloudways

Malta, Malta

I

Iamzwolf

Middletown, United States

TH

tom hd

United Kingdom

A

Andrei

United States

R

Ralf

Germany

HCPSPIRIT

Helsinki, Finland

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

DY

David Yang

Vancouver, Canada

Ask Godwin Yaw Bush a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...