More mobile accessories to meet high demands

Albert Adjei-gyebi

Accra, Ghana

100% repaid

Entrepreneur

Name

Albert Adjei-gyebi

Member since

August 2016

On-time repayments

86 installments  •  100%

About Me

I am a 33 year old Ghanaian with 3 siblings, recently got married,a football and golf fanatic and a lover of electronics. After completing my national service 4 years ago I was on a job hunt till two years ago I decided to start my own business. Since then my life has been mostly about my family, my work, watching football (I am a Chelsea FC fan) and golf(almost every Thursday to Sunday). Funny thing is that I have never held any golf equipment but I fancy winning a golf major tournament in the near future... ha ha ha ... and I keep on dreaming.

My Business

My work is basically into the sale of electrical gadgets(wiring cables,multi sockets,TV antennas) and mobile phones and accessories (batteries,chargers,cases). I have recently included Mobile Money merchandise and the sale of call recharge cards and it has really increased my daily sales.
This business is in high demand due to the quest for smartphones and the fact that Ghana is migrating from analogue to digital TV stations. Profits from my work is partly reinvested into growing the business and taking care of my sibling and will be the main source of loan repayment.

Loan Proposal

The influx of variety of mobile phones has increased the demand for accessories mostly phone batteries and phone chargers. This loan if approved will be used to buy more stocks of batteries and chargers to meet the high demand for those accessories in this country.
I intend buying stocks of phone batteries worth $130 and $66 worth of mobile phone chargers.
All things being equal, I expect to make a net profit of $20 within the first 3 months

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$203.05

Date disbursed

Sep 9, 2016

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $4.94

Albert opted to pay $90.02 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

The Zinc Team

San Francisco, United States

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  • Albert Adjei-gyebi    Jun 20, 2018

    Great news everyone. i have now added mobile money merchandise to my business. Tremendous increase in sales over the past week. Thanks to my cherished Zidisha lenders.

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  • Albert Adjei-gyebi    Mar 20, 2018

    Business has been good. Wishing all my cherished lenders the best in the coming Easter festivities

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  • Albert Adjei-gyebi    Feb 25, 2018

    I have added the sale of call recharge cards to my business activities and I have seen tremendous increase in my daily sales. Thank you to my Lenders and the Zidisha management

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  • Albert Adjei-gyebi    Nov 26, 2017

    An increase in sales has made it possible for me to increase my repayment amount

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  • Albert Adjei-gyebi    Nov 16, 2017

    Business has been great. Thank you Zidisha

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  • Albert Adjei-gyebi    Oct 5, 2017

    Business has been great and i can afford the increment

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  • Albert Adjei-gyebi    Aug 25, 2017

    There has been an increase in sales and as such I can afford a slight increment in my weekly repayment

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  • Albert Adjei-gyebi    Aug 4, 2017

    Business has been good. Once again, to all my cherished lenders I say "Thank you

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  • Albert Adjei-gyebi    Jul 12, 2017

    I can afford a slight increase in my repayment amount

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  • Albert Adjei-gyebi    Jun 12, 2017

    Once again a big thank you to all my cherished lenders for this loan amount of GHS 2,369.00. I have been able to purchase the last set of TV antennas and started making sales already.
    This loan will help me grow my business and also aid me in taking care of my siblings. Bless you all.

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