Online business expansion

Emmanuel

Mim, Ghana

100% repaid

Entrepreneur

Name

Emmanuel

Member since

August 2015

On-time repayments

105 installments  •  79%

About Me

I have a dream to become an entrepreneur. In view of this, I went into petty trading to help people meet their needs. Even though it was not in large form, it was going on smoothly. It was not mainly the profit that I was considering much but also helping them to get what they need.

My Business

I always do surveys in my business environment all the time to unveil opportunities around which to build my business. Most of the things in need are seasonal.
The profits that I get in all sales are being reinvested.
The profit I project is 10 to 20 per cent which even goes with the duration of payment.

Loan Proposal

It meanly laptops,phones,cameras,tablets and television but i do not buy them to sell but do it upon request then the person pays part then i will purchase the item for the person then i take my balance after receiving it.simple like a hire purchase.
it in demand but sometimes the people do not have money to buy on ready cash so i do it in a hire purchase form and since i do not have enough capital i buy them as per request .i am into this business because with this i am able to manage every thing by myself and keep good eye on my money and know what to do at anytime and it less time consuming.
And the profit is sometimes channeled back to business but sometimes to assist my siblings with their education and my education too.with the help of this i have mange to start a degree course.
the cost of the business depends much on the request or the demand for the items and the profit margin too is not much because i always want to beat price for the items to go quick and since i do not run a shop, i do consider it to reduce the price.And because my capital is not much i do sometimes have many request but i have to let those who took it first to pay before i can raise fund for a new purchase.

Show original English  

About Me

I have a dream to become an entrepreneur ,in view of this I went into petty trading to help people get their needs .Even though it was not in large form but it was going on smoothly and it was not mainly the profit that I was also considering much but helping them to get needs.
Though I wanted to grow up as an Electrical engineer which never came to past, I decided to go around do something on my own to make ends meet.this led me into buying and reselling which is the common trade at where I live and i started with electronics and computer accessories.
my hobby is watching soccer and reading about how entrepreneurs make their businesses survive

My Business

Sales of sachet water sales and have started with bottle water by the help of Zidisha.
This services is useful to my community due to lack of portable water in my community, so the people around there depends on this sachet water which is affordable and healthy for consumption.
The profit will be reinvested again into this water business.
Because it my dream help my people get good drinking water.

Loan Proposal

It meanly laptops,phones,cameras,tablets and television but i do not buy them to sell but do it upon request then the person pays part then i will purchase the item for the person then i take my balance after receiving it.simple like a hire purchase.
it in demand but sometimes the people do not have money to buy on ready cash so i do it in a hire purchase form and since i do not have enough capital i buy them as per request .i am into this business because with this i am able to manage every thing by myself and keep good eye on my money and know what to do at anytime and it less time consuming.
And the profit is sometimes channeled back to business but sometimes to assist my siblings with their education and my education too.with the help of this i have mange to start a degree course.
the cost of the business depends much on the request or the demand for the items and the profit margin too is not much because i always want to beat price for the items to go quick and since i do not run a shop, i do consider it to reduce the price.And because my capital is not much i do sometimes have many request but i have to let those who took it first to pay before i can raise fund for a new purchase.

Feedback

2

None

None

  • nicole    Dec 16, 2018

    My second loan to Emmanuel - he paid on time & I would recommend him again!

    Log in to reply • Share
  • nicole    Nov 7, 2017

    Emmanuel paid ahead of schedule. I would be happy to lend to him again!

    Log in to reply • Share
    • Emmanuel    Nov 20, 2017

      Thank you very much for the support,May the good Lord bless You

      Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.00

Date disbursed

Dec 14, 2015

Repayment status

On Time

Projected term

3 months

Lenders

E

Errol

Bradenton, FL, United States

S

Snick

Halle, Germany

H

Hilke

Bremen, Germany

B

BRWorthington

San Francisco, United States

J

JonnyPrice

San Francisco, United States

P

purina

Turku, Finland

J

jkats1988

New York, United States

AltruisticSelfishnes

Chicago, United States

T

Tourno

Montreal, Canada

L

leuven

Richmond, United States

boxer

Boynton Beach, United States

LadyofHats

Hamburg, Germany

F

Fiodal

Helsinki, Finland

A

anti-dot

London, United Kingdom

W

Withnail

Reading, United Kingdom

Godsglory1

Santa Cruz, United States

T

Tszach

Tucson, United States

M

mushroom

Brussels, Belgium

R

rcmssr

Woodbury, United States

G

giaco

madrid, Spain

Nathaniel

Copenhagen, Denmark

Zidisha

Sterling, United States

AnnaChristina

Pittsburgh, United States

B

Buchbinder

Berlin, Germany

J

JaMinLu

Concord, United States

B

Bavarian

Bavaria, Germany

S

Shadrax

Lansing, United States

A

anonymous123

United States

W

W2JKD

Vero Beach, FL, United States

G

graememoss

Amsterdam, Netherlands

P

portlandloans

Portland, United States

J

JandC

Watsonville, United States

SeeMeeFi

Ontario, Canada

chrsve46

Stockholm, Sweden

ViVenusMedical

Jarfalla, Sweden

G

glomardor

Leonardtown, United States

E

ebronken

Oslo, Norway

C

CarrotTop

Bangor, United States

AdvancingCompassion

San Diego, United States

A

artom

Karkola, Finland

zphelj

Dallas, United States

T

Travelbear

Asheville, United States

H

hchsmicroloans

New York, United States

L

laurashearin

Greensboro, United States

J

Jyoti

Herndon, United States

T

TurgayAlihos

SOUTHBANK, Australia

A

Andrew22

Hopewell PA, United States

Patnatros

New York, United States

J

jlee928

Jacksonville, United States

K

kjustad

Asker, Norway

ashleeandjeanelle

Auckland, New Zealand

N

Navigator

Alavus, Finland

S

Sclodfelter

Los Angeles, United States

B

b_plok

Granada, Spain

W

wally

Torino, Italy

K

kingcamo1095

Mountain Home, United States

H

HobbyCollector

Beach City, United States

D

DavidJSmu

North Attleboro, MA, United States

P

Pillango

Frankfurt, Germany

GuillaumeTeissier

Montréal, Canada

A

andprosper

World Peace, United States

Mrdressup

Brisbane, Australia

somuchjackson

Boston, United States

Y

yunfangjuan

Palo Alto, United States

D

DogFort1

Sydney, Australia

A

andresol

Oslo, Norway

O

OrientExpress

Tokyo, Japan

P

PaulCM

Munich, Germany

M

mzhope

Harrisburg, United States

Franky

London, United Kingdom

N

NateKettles

South Africa

Paul Buchheit

Mountain View, United States

S

Sashaw

United Kingdom

AAE USA Team

United States

Mun

Orlando, FL, United States

Grant Xavier Storer

Seattle, Wa, United States

E

edbean

United Kingdom

R

radhapatel

United States

E

Erika

Buffalo, United States

B

Bennphoto

United Kingdom

C

cocolo

United States

ND

Nick DG

Exeter, United Kingdom

H

happyhappy

Switzerland

Kyle Hoback

Omaha, United States

A

Andreas

Munich, Germany

M

mmartin

United States

W

Wade

United States

Jason Ogg

New Zealand

MB

michael breen

United Kingdom

KW

Kevin Wehber

United States

MA

Mary Art Hunt

United States

B

Beth

United States

Matthias

Seattle, United States

Max Lettenberger

Madison, WI, United States

Jennifer Weber

Canandaigua, Ny, United States

Paul

Seattle, United States

Cameron Graham

Nashville, TN, United States

V

Varun

New Zealand

SG

Sharon G

Portland, United States

A

Andrei

United States

AK

Achim Königs

Bonn, Germany

Tobias Königs

Sancta Colonia Dei Gratia Romanae Ecclesiae Fidelis Filia, Germany

Paul Buchheit

Mountain View, United States

John Barnett

United States

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

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Summary

Amount repaid

$194.25

Amount remaining

$0.00

Date repaid

Apr 7, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 27, 2015 $12.50 Dec 28, 2015 $12.50
Jan 3, 2016 $12.50 Jan 6, 2016 $12.50
Jan 10, 2016 $12.50 Jan 14, 2016 $12.50
Jan 17, 2016 $12.50 Jan 18, 2016 $12.50
Jan 24, 2016 $12.50 Jan 29, 2016 $12.50
Jan 31, 2016 $12.50 Feb 3, 2016 $12.50
Feb 7, 2016 $12.50 Feb 11, 2016 $12.50
Feb 14, 2016 $12.50 Feb 19, 2016 $12.50
Feb 21, 2016 $12.50 Feb 26, 2016 $12.50
Feb 28, 2016 $12.50 Mar 4, 2016 $12.50
Mar 6, 2016 $12.50 Mar 8, 2016 $12.50
Mar 13, 2016 $12.50 Mar 18, 2016 $12.50
Mar 20, 2016 $12.50 Mar 23, 2016 $12.50
Mar 27, 2016 $12.50 Mar 31, 2016 $12.50
Apr 3, 2016 $12.50 Apr 6, 2016 $12.50
Apr 10, 2016 $6.75 Apr 7, 2016 $6.75

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