Purchase of inventories for my cafe business

Albert

Abeka, Ghana

100% repaid

Entrepreneur

Name

Albert

Member since

June 2014

On-time repayments

93 installments  •  89%

About Me

I am an evangelist, and I have been one for over 10 years. I entered to business not to be a burden to no one in preaching the Gospel,” For you recall, brethren, our labor and hardship, how working night and day so as not to be a burden to any of you, we proclaimed to you the gospel of God “(1Thessalonians 2:9). I recently start a multimedia business which provides cyber café, Graphic designing and wireless internet service at small range. I intent to improve the wireless internet service provision by escalating the Access Point (AP) as to enable customers miles away to connect internet to their wireless enabled devices (laptop, note, smartphone etc.) from the comfort of their homes.

My Business

My company's name is Reachout Multimedia, incorporated as a sole proprietor to Ghana Registry-General Department in 2011 to provide internet cafe service, secretarial service.
We started operating in April 2012 with few eight (8) machines and now we have about sixteen (16) machines; one brand new generator of 5 KVA of capacity to serve as a standby in case of light blackout ;our business hall is equipped with an Air Conditioner (AC) this, is to maintain a conducive working environment for our customers.
Our business is profitable as we have a better understanding of our customers' expectation and tailor our service provision to fit them, while our vision is to expand and migrate from being merely an internet Café Company to becoming an Internet Service Provider (ISP) Company to harness the economy of scale, particularly the mobile world, as smartphones are becoming cheaper than before in Ghana, many Ghanaian who have smartphones and other wifi enabled devices need fast and reliable internet to fully enjoy them. This is a big business opportunity however, it is very difficult for a SME like ours to access funds in Ghana like many other developing countries, thanks to ZIDISHA, I think there is a hope for us to achieve our dreams.

Loan Proposal

In line with our vision to satisfy our customer's ever expectations , I though it best to diversify our service by adding more activities that will not only meet our clients aspirations by making it readily available to them some items in our business center that they would otherwise have to walk for a distant before getting them, but also those new items' sales will help generate multiple income streams ,in this line in intent to purchase flash hard-drive and smartphones memory cards retail them to clients who may wish to save their files on it .
Per our projection this project will generate 35% in revenues of the amount invested .
Thank you for your support,counting on you to make this happen .
Kind regards .

Show original English  

About Me

My Name is Albert Anim, I am an entrepreneur currently based in Ghana .I am challenged from my childhood to be the one who will create opportunities (Jobs, services) for others.From my childhood i was exposed to Information Communication Technology ,then till date i never quit it ,as i see it on numerous occasion and many way improving the quality of our lives ,this realization fuel my passion and conviction about this field and i decided to major into it,this eventually leads me to found my actual company Reachout Multimedia in 2011 which is a startup that provides Cyber café service. It is still growing and hasn’t yet reached its financial profitability this day.

My Business

My company's name is Reachout Multimedia, incorporated as a sole proprietor to Ghana Registry-General Department in 2011 to provide internet cafe and other service, secretarial service.
Our beginning was very humble ,with determination and passion day in day out new services and customers are added to the existed ones .
we have a better understanding of our customers' expectation and tailor our service provision to fit them, while our vision is to expand and migrate from being merely an internet Café Company to becoming an Internet Service Provider (ISP) Company to harness the economy of scale, particularly the mobile world, as smartphones are becoming cheaper than before in Ghana ,many Ghanaian who have smartphones and other wifi enabled devices need fast and reliable internet to fully enjoy them . This is a big business opportunity however, it is very difficult for a SME like ours to access funds in Ghana like many other developing countries, thanks to ZIDISHA, there is a hope for better future

Loan Proposal

In line with our vision to satisfy our customer's ever expectations , I though it best to diversify our service by adding more activities that will not only meet our clients aspirations by making it readily available to them some items in our business center that they would otherwise have to walk for a distant before getting them, but also those new items' sales will help generate multiple income streams ,in this line in intent to purchase flash hard-drive and smartphones memory cards retail them to clients who may wish to save their files on it .
Per our projection this project will generate 35% in revenues of the amount invested .
Thank you for your support,counting on you to make this happen .
Kind regards .

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$420.00

Date disbursed

Apr 29, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

B

beegkitty

United States

Family Mueller

Petershagen, Germany

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

Carlo Cruz

Cincinnati, OH, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

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

Loading...

Loading...

Loading...