Purchase of inventory for my shop

Sylvester

Tachiman, Ghana

36% repaid

Entrepreneur

Name

Sylvester

Member since

March 2017

On-time repayments

48 installments  •  73%

About Me

My name is Sylvester Afena Takyi I come from Tachiman. I attended school at Buoyem Senoir High School in the year 2001. After completion of Senior High School, i decided to establish a small business which will me help me further my education, the business is now growing and i have employed three people who help me in the running of the business. through the I have been able to further my education to the first degree. In my community we celebrate apoo festival each year in the month of April. Watching football is my hobby. I hope and desire to give my children better education. I hope with your support my dreams shall see a day light. Thank you very much for help support.

My Business

After completing school, I decided to established my business. I therefore decided to enter into the telecommunication business by selling mtn, vodafone and other networks recharge cards. I choose this since commucation through mobile phone has become the order of the day and also because no one is doing that business in our area and in fact it is a business which people patronized and it has help me a lot. I used some of the profit to pay my school fee and I reinvest the rest in the business, and even i used part of the profit to provide for my family. thank you for your help and support.

Loan Proposal

I will use $100 to buy MTN recharge cards, $ 50 will also be used to buy Vodafone recharge cards. $50 will be used to buy tigo recharge cards. the remaining $58 will be used to buy mobile phone accessories. this will help increase my profit margin by 55%. Part of this profit will be reinvested in the, part will also be used to pay my children school fees. I will use part of the profit to register for ICA which I intend to do. With your support this vision will come to pass.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$255.00

Date disbursed

Jun 6, 2018

Repayment status

Late

Projected term

2 months

Lenders

Cloudways

Malta, Malta

Andreas1974

Fristad, Sweden

P

Purplejeep

Moravia, United States

RC

Rudi Chen

United States

VC

Victor Chong

United States

Dean Suminski

Portland, Oregon, United States

Paul Buchheit

Mountain View, United States

Chris

Zurich, Switzerland

DY

David Yang

Vancouver, Canada

Adrian

Liverpool, United Kingdom

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