Re-stock my mobile phone accessories shop and barbering shop

Roger

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Roger

Member since

August 2016

On-time repayments

151 installments  •  50%

About Me

My name is Roger Asamoah Brobbey. I was born in Jachie, Ashanti region of Ghana. Jachie is a town along the Lake Bosomtwe the only natural lake in Ghana and a very popular recreational area in Ashanti region and Ghana. The main activity in my town is fishing for the lake is very helpful to my people but farming and tourism are also not left behind. I was born in a family of ten and I am the seventh born.

I went for primary, secondary, and tertiary school and then started a petty trading business in Kumasi. After some few years in this business, I was able to raise about $670 and decided to buy tools and equipment to start something I liked doing most back on campus - barbering (Hair cut).

My Business

I am currently running a barbering shop in Kumasi near the Polytechnic Campus. I chose the location because there are a lot of male students in this institution who are always looking to shave their hair regularly. The services offered include haircut, hair dye, and other shaving services. I like my business because it is a routine business where people shave their hairs between 1 and 2 weeks’ interval and this the demand for the service higher.

I make an average gross revenue of $460 and $290 averagely as my net revenue monthly. My expenditure includes electricity bill, rent, and other indirect expenses associated with this business.

Loan Proposal

I WILL USE TWO-THIRDS OF THE MONEY(ABOUT $670.00) TO BUY NEW
MOBILE PHONE ACCESSORIES SUCH AS, CASES, HEADPHONES, GLASS
PROTECTORS, REPLACEMENT SCREENS, AND OTHERS SINCE THERE IS ALWAYS A NEW PHONE IN THE MARKET SO IT BECOMES PRUDENT TO FOLLOW TREND IN ORDER NOT TO BE LEFT BEHIND IN MARKET.

IN ADDITION, I WILL USE SOME OF THE MONEY TO CHANGE THE INSIDE OF MY BARBERING SHOP TO MAKE THE PLACE TIDY AND ATTRACT MORE CUSTOMERS.
WILL ALSO BUY ONE NEW MACHINE AND OTHER ITEMS TO HELP MAINTAIN TO STANDARD OF THE SHOP.

THIS WILL REALLY HELP ME EARN MORE INCOME TO SUPPORT MY HOME AND IMPROVE MY LIVING STANDARD.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,393.00

Date disbursed

Oct 21, 2017

Repayment status

On Time

Projected term

20 months

Lenders

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

ZS

Zach Silveira

Asheville, Nc, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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