Monetary support to expand my cell phone business

Elijah Tettey

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Elijah Tettey

Member since

March 2014

On-time repayments

111 installments  •  67%

About Me

I am Elijah Tettey. I am 30 years of age and a Ghanaian. I am the
second child of a family of four and attended senior high school at
St Pauls Technical At Kukurantumi.
I live in Kumasi, Ayigya at house number Plot 18 Block 3. I am into the selling of mobile phones. I started this business because after
graduating from the Kumasi Poly-Technic
with a Electrical Engineering Technician Part III in Electrical, i could not secure for myself
employment. I decided to enhance my marketing skills into se

My Business

I am into the selling of mobile phones. I started the
business after a fruitless search of jobs. i started the business with
an amount of money borrowed from my Dad's pension pay. The business is now progressing because about 90% of Ghanaian's uses mobile phones, but I need more capital or money-try support to purchase a shop where i can sell a lot of phones and it accessories to enlarge my business. The money gained from the proceeds of selling the mobile phones will be used to pay the loan. The first loan from Zidisha helped me alot and I'm very grateful. I'm really convinced with the support from Zidisha, I'll be able to achieve my goals.

Loan Proposal

In the previous loans i received from Zidisha, i went into the sale of mobile phones and other accessories. As the business advanced, i started importing more latest phones, power banks, tablets and a whole lot of goods and services highly in demand in my country. Now i have graduated from the door to door services i offered to people to international standards since i now sell my goods and products online.

zidisha is all about entrepreneurship. Therefore i have decided to further expand my business by importing other goods such as watches,jewelry sets for both men and women in addition to the importation of mobile phones and tablets.
I will buy two mobile phones at a cost of 154usd and a tablet at a cost of 90usd and their accessories at a cost of 90usd. I will also buy power banks, watches and jewelry set for both men and women from the interest i got from my previous Loans at a cost of 122usd. With this projection I believe it wil help me improve my business skills and also get more interest which i'll further invest in my business and also employ other people who need job to reduce the unemployment problem in my country.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$395.67

Date disbursed

Mar 3, 2015

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Lender interest: $395.67 at 1.49% annual rate over 5 months = $2.92

Service fee: $3.80

Lenders

T

Tmann

Los Angeles, United States

carlos vendrell

Barcelona, Spain, Philippines

AH

Aleksi H

Helsinki, Finland

mbunifu

San Jose, United States

P

Philippe

Adliswil, Switzerland

cyrus0302

San Francisco, United States

J

jbrotzman11

TX, United States

D

drjofleming

UK, United Kingdom

C

Cuddles

New Bern, United States

Raoul72

Naarden, Netherlands

T

tloureiro

Pfungstadt, Germany

R

Roman

Barcelona, Spain

Zidisha

Sterling, United States

MakeSense

-, St. Kitts and Nevis

B

bhalter

Eau Claire, United States

indeh

London, United Kingdom

A

Aleks

Oslo, Norway

S

Sammlung

Glendale, United States

Jouni

Finland

N

nanax005

SALEM, United States

ads68

Melbourne, Australia

P

PetrusR

balmoral, Australia

E

eboleaga

Mexico City, Mexico

rfriedenberg

New Jersey, United States

hugomesser

Blokker, Netherlands

T

TurgayAlihos

SOUTHBANK, Australia

Cricketca

San Jose, United States

M

Marod

Edmonton, Canada

E

EnriqueD

Madrid, Spain

B

bonndan

Bonn, Germany

Zal0m0n

Atlantis!!!! x), Mauritania

R

run426

DeBary, United States

hriday

Mountain View, CA, United States

A

alexanderdowns

mayfield heights, United States

C

cerowain

Melbourne, Australia

A

Anonymous

United Kingdom

B

Blazeski786

Shimoni, Kenya

A

Astanes

Vejle, Denmark

M

Mksiege

Laredo, United States

T

Tuppenyrush

Hertford, United Kingdom

Cody

New York, United States

A

AAnnette1

Edmonton, Canada

V

vickylizette

San Francisco, United States

barthez

Hamm, Germany

C

clsg2013

Singapore, Singapore

J

Jeremy79

Mission, Canada

T

Tom01

LONDON, United Kingdom

R

richdullaghan

Encinitas, United States

K

Kristell

Middelburg, Netherlands

zZola

Gilford, United States

mikeice

Kohler, United States

J

jhunt85

Surrey, Canada

Franky

London, United Kingdom

Déméter&Kotler

Paris, France

tash90

Nairobi, Kenya

C

Collective

Tulsa, United States

Shemuel

New Jersey, United States

P

peoria12

Boston, United States

N

nilvehsm002

Boston, MA, United States

U

undertow

Zadar, Croatia

S

Saej215

United States

C

chriscoder

United States

Kamil

Lidzbark Warminski, Poland

B

BeachDrapers

United States

F

financiali

United Kingdom

M

mpcovcd

United States

M

mmatuzak

United States

Paul Buchheit

Mountain View, United States

R

retzroff

United States

C

condo86

United States

mepster

San Francisco, Ca, United States

J

JimiK

Australia

T

Tim47

United States

Mikers

Netherlands

J

Joggele

Austria, Austria

P

prince85

United States

adrianz

United States

P

PC

United States

AP

Adam Peterson

United States

D

Daman

United States

Zain Haq

Chicago, United States

Richard

Shrewsbury, United Kingdom

D

dabatate

Saarbrücken, Saarland, Germany

Humble Bundle Community

San Francisco, United States

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