Purchasing computers

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

We started a project last year of increasing of computers to reach the required number ,as this will help accommodate more customers and thereby enhancing our income generation capacity by Three percent (3%) per machine .
We plan to purchase two machines at the rate of $110 per machine ,we will be able to pay off the loan in six (6) weeks after disbursement of the loan and increase our income of six percent (6%) .

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

We started a project last year of increasing of computers to reach the required number ,as this will help accommodate more customers and thereby enhancing our income generation capacity by Three percent (3%) per machine .
We plan to purchase two machines at the rate of $110 per machine ,we will be able to pay off the loan in six (6) weeks after disbursement of the loan and increase our income of six percent (6%) .

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$216.00

Date disbursed

Jan 9, 2015

Repayment status

On Time

Projected term

3 months

Lenders

T

Tim88

Glasgow, United Kingdom

A

andykhl

Jersey City, United States

K

ksiebrandt

Omaha, United States

J

JudoGlenn

North Olmsted, United States

Namulanda

nairobi, Kenya

A

Armeij

Veendam, Netherlands

D

dmartink

Maryland, United States

G

GreenMoney

Lahr, Germany

A

anson

Alexandria, United States

T

Topper

Simi Valley, United States

P

pictogram

Sanford, United States

F

frazier

rock springs, United States

A

Alizar

Toms River, United States

S

SanderBeckers

Brussel, Belgium

mfrost3

Dakar, Senegal

A

AEDCPD

Berlin, Germany

whvitan

Quezon City, Philippines

JinxGirl

Winnipeg, Canada

A

akshu71

Ottawa, Canada

T

Texikan

Fort Worth, United States

A

AandCfromCanada

Spruce Grove, Canada

R

RohitSingh

Montreal, Canada

D

dbuksh

United States

D

dj9812

United States

TomF925

www.AfricaLeap.com, United States

A

aulona

United States

C

cktsai

United States

K

kelsiek

United States

M

Morgan1301

United States

L

liseman

United States

C

cindywu

United States

S

Smadori0

United States

D

docrose1868

United States

T

TheNJBoys

United States

M

Molloy

Moorpark, United States

D

DanielW

United States

Grant Xavier Storer

Seattle, Wa, United States

Otto Barten

Amsterdam, Netherlands

Ask Albert 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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  • Albert    Jun 16, 2017

    Dear Lenders ,i want say big thanks to you .Thanks your trust and support, i was able to raise money necessary to embark on the purchase of laptop and its related accessories from wholesalers which , i then retail them to customers and generate more profit ,and thus more growth .

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  • Albert    Jan 25, 2017

    Dear Lenders ,
    I just to confirm receipt of the money disbursed ,I will immediately start purchase the inventory for my cafe business as mentioned in my loan application .Thank so you so much for your support .

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  • Albert    Jan 19, 2017

    Thanks once again for your unwavering love and support toward my enterprise ,I feel so humble and grateful to have you as lenders .

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  • Albert    Jan 2, 2017

    I have more sale these days ,I think i can increase my payment and still be able to satisfy my other responsabilities

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  • Albert    Dec 26, 2016

    Due to some commitment i have to satisfy ,i reduce my payment but i will increase it in short while if there is a balance in my cash flow

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  • Albert    Nov 14, 2016

    Thanks to increase in our recent daily income makes it possible to readjust repayment without impacting our daily activity and so forth .

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  • Albert    Sep 26, 2016

    I just want to adjust my initial payment ,due to the fact that my family (wife and kid) is traveling and i need to bear the course of the trip as well as their stay ,for this purpose i will adjust initial payment and may restore it to the if my income increase and being able to balance the two .
    Thanks

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  • Albert    Aug 13, 2016

    Dear Lenders ,
    Once again,i just receive an alert of my loan being fully funded ,that thanks to you individually and collectively i am so grateful .
    I will use the fund to buy some cheap refurbished notebooks,headset microphones ,flashdrives in order to retail them and generate more profit .
    Big thanks to you all.

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  • Albert    Aug 1, 2016

    I want to use this opportunity to thank my lenders who show a great of trust and support toward our previous project which was aimed at increase our income stream by adding computer related accessories ,it's been a tremendous success as we experience tremendous growth in our income and was able to repay our debt ahead of schedule .Big thank to you all

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  • Albert    Jul 30, 2016

    Thanks the income stream increment ,caused by the project ,I can pay more than initial payment

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  • Albert    Jul 12, 2016

    I want to thank my lenders for their trust and support toward the inventories purchase and retailing in my cafe ,this has been incredibly helpful in creating extra cash stream in my business ,iam humble and grateful to you .Thanks

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  • Albert    May 1, 2016

    I want use this opportunity to confirm to my lenders that i received payment of the money raised from them yesterday and proceeded immediately to the purchasing of the items as mentioned in the project .Kindly find attached the picture of the items purchased
    Big thank you to you all for your unconditional support .

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  • Albert    Apr 18, 2016

    I want use this opportunity to say big thank you to you all my lenders ,for believing in me and go extra-mile by supporting my enterprise in its development process .Big thanks

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  • Albert    Apr 18, 2016

    Matt -Thanks so much for your support

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  • Matt B    Apr 14, 2016

    Albert - good luck with your business venture. Matt in England.

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  • Albert    Apr 14, 2016

    I want to thank you my current lenders for believing in me so much so you commit your contribution in the materialization of our on going project .

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  • Albert    Oct 7, 2015

    I hereby want to thank you for believing in us our so much so you didn't hesitate to manifest your interest and support by backing our recent campaign which however, just expired without fully funded .Thanks a lot

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  • Albert    Sep 25, 2015

    Just to thank you for your unwavering support and commitment towards us ,as a team we are really grateful to have you as backers .Sooner i raise the fund ,i will make part-payment of the inverter (Power generator system similar solar energy system ,that is environmental friendly and cost effective solution for power backup) and its batteries and any other components ,according to the negotiation i have with the seller, i can pick it and start using it at the first half-payment and pay the remaining in installments .
    Thank you for your support to make this happen .

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  • Augustine    Sep 19, 2015

    Hello Albert, i hope your business is moving on well?

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  • Matthias    Sep 4, 2015

    Hi Albert, THX for repaying in full. I do hope your business is doing eine.

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    • Albert    Sep 12, 2015

      Hello Matthias ,
      My pleasure ,My business is doing well .Thanks for your support

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