Mobile phones & accessories

Sanou

Bobo Dioulasso, Burkina Faso

12% repaid

Entrepreneur

Name

Sanou

Member since

January 2014

On-time repayments

33 installments  •  24%

About Me

Hello, ladies and gentlemen. I am Sanou Fatogoma Robert. I was born in Bobo Dioulasso, the economic capital of Burkina Faso and a city located in the western part of the country. I am catholic. I currently live with my parents. I have 7 brothers and 2 sisters. I began my childhood studies in 1992 at South Accart-Ville primary. After obtaining my primary studies certificate in 1999, I did my final studies at Alpha Solidarity high school, where I enrolled in the science studies track.

My Business

Thank you, lenders, for giving me this occasion to grow my enterprise, which concerns selling telephonic devices and accessories. I have been doing this for more than 5 years. My store is located near the “Bien-Être” Pharmacy (“Well-Being” Pharmacy) in BoboDioulasso and not too far from the fruits and vegetables market. I get my products wholesale with product coming from Mali and often from Dubai. This is something that I enjoy and I receive profit of 12.000 to 17.500 African francs each day. My profitability will only increase with your support. Thank you!

Loan Proposal

My name is Robert Fatogoma Sanou, a native of the town of Bobo Dioulasso. Bobo Dioulasso is located in the western part of Burkina Faso. It is a very warm city also known by the nickname "Sya." I'm Catholic and I live with my parents and siblings. I was born April 30, 1986 in Bobo Dioulasso and I went to school at the age of 7.

After successfully completing primary school in South Accart City and obtaining my first degree, I went to Alpha Solidarity High School in 1999 and got my second degree (BEPC). I had to stop my education in twelfth grade for financial reasons. Determined and full of courage, I had to create a path in life. I first did a few jobs here and there in order to provide for my basic needs. I currently sell mobile phones and accessories from a little shop near the Wellness Pharmacy in Bobo, close to the fruit and vegetable market.

Over the last decade, the mobile phone has become the communication tool most used by the population of Burkina Faso. Many factors can explain this, but especially the decline in prices thanks to the introduction of cheap phones from China commonly called "chinoiserie." Once considered a luxury item, today the mobile phone is available to the average citizen of Burkina Faso. It is rare to find a village where there are no mobile phone users. In the final tally made ​​by the Regulatory Authority for Electronic Communications and Posts (ARCEP) on December 31, 2010, a third of the Burkinabe population has access to mobile phones. It is clear that the expansion of mobile networks has contributed to the popularity of the devices, but the main cause is the decline in prices. Prices for phones vary between USD $20.41 to $61.25 for Chinese phones, while name-brand phones cost USD $81.67 and up.

Despite the phenomenon of competition, there is always profit. "With some clients, you can realize great profit, but with others, the profit is less because they already know the approximate price." Profits are important in retail/individual sales as well as in wholesale/volume sales.

This second loan that I seek (USD $460), will be used as capital to develop my business. Thank you.

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About Me

My name is Robert Fatogoma Sanou, a native of the town of Bobo Dioulasso. Bobo Dioulasso in Burkina Faso is located in the western part. Very warm city Bobo Dioulasso yet known about the nickname SYA. I'm Catholic religion and I live in family court with both my parents and my siblings. Born April 30, 1986 in Bobo Dioulasso, I went to school at the age of 7. After my primary route successfully in primary school in South Accart city and obtaining my first degree, the doors of the college are open to me in 1999, so I got to High School Alpha Solidarity my second degree (BEPC) and so I limit myself in twelfth grade for reasons of financial means. Identify and full of courage, so I got to create a path in life. First performing with here and there a few tasks in order to provide for my basic needs. Currently vendors and mobile phone accessory, my little shop is located near the pharmacy "Wellness" Bobo and not far from market vegetable and fruit.

My Business

Over the last decade, the mobile phone has become the communication tool most used by the population of Burkina Faso. Many factors can explain this, but one could remember particularly the decline in prices this tool. Players in the field justify the proliferation appliances from China commonly called "chinoiserie"
Once considered a luxury tool, the mobile phone is today available to the average citizen of Burkina Faso. It is rare to find a village where there is no mobile phone users. In the final tally made ​​by the Regulatory Authority for Electronic Communications and Posts (ARCEP) December 31, 2010, it appears that a third of the Burkinabe population has access to mobile phones. It is clear that the expansion of mobile networks has contributed to the extension of the tool, but the main cause is the decline in prices. T he price of this category of laptops vary between USD 20.41 and USD 61.25 USD dollars for "chinoiserie" while the originals at $ 81.67 USD and up.
Despite the phenomenon of competition, there is always profit. "With some clients, you can have many benefits, but for others, the benefit is less because they already know the approximate price." Profits are important in the retail sale that big.
For this second loan that I seek (460 dollars USD), will be a very capital contribution in the development of my business. Thank you.

Loan Proposal

My name is Roert Fatogoma Sanou, a native of the town of Bobo Dioulasso. Bobo Dioulasso in Burkina Faso is located in the western part. Very warm city Bobo Dioulasso yet known about the nickname SYA. I'm Catholic religion and I live in family court with both my parents and my siblings. Born April 30, 1986 in Bobo Dioulasso, I went to school at the age of 7. After my primary route successfully in primary school in South Accart city and obtaining my first degree, the doors of the college are open to me in 1999, so I got to High School Alpha Solidarity my second degree (BEPC) and so I limit myself in twelfth grade for reasons of financial means. Identify and full of courage, so I got to create a path in life. First performing with here and there a few tasks in order to provide for my basic needs. Currently vendors and mobile phone accessory, my little shop is located near the pharmacy

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Loan Info

Project Type

Classic Loan

Disbursed amount

$428.00

Date disbursed

Sep 3, 2014

Repayment status

Late

Projected term

30 months

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