Retailing of telecommunication recharge cards and sales of

Jonas

Cape Coast, Ghana

Funds disbursed

$0 to go

100% funded of $100 goal

days left

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How it Works

Entrepreneur

Name

Jonas

Member since

July 2015

On-time repayments

45 installments • 0%

About Me

I spent most of my childhood with an uncle because I lost my parents at age 5. Am currently pursuing a nursing course at Ankaful nurses training college in Ghana.
I overcame hardship to achieve important goals in life through self-motivation and inspiration from others. I started my own business after a little savings from my labourer work for a building construction company. The unique thing about the land on which I live is its a very fertile land for farming of which most people are into crop farming. During my leisure times, I do normally engage myself in motivating other people and also listening to music.

My Business

Currently am into retailing of telecommunications recharge cards and Mtn mobile money transfer. This goods are really essential in my area because accessibility is very difficult and am the only one selling it in the area which makes business to be moving on very well.
When the loan is acquired I will like to use it to expand my business by purchasing more of the products and also move from retailing to wholesale. The profit gain is mostly used to reinvest into the business and also use some to cater for my academic needs.

Loan Proposal

I will use the loan when acquired to buy more telecommunication recharge cards(100 dollars) and airtime for retailing. This will enable me to move from retailing to wholesale.
This will enable me to employe the services of other people and pay them as well since the business will expand. I expect my profit margin to increase by 65 percent.