Scientific calculators sales

Michael Amankona

Berekum, Ghana

25% paid forward

Entrepreneur

Name

Michael Amankona

Member since

July 2022

On-time repayments

1 installment  •  100%

About Me

I'm a professional teacher and a trader. I'm a trader who buy and resell scientific calculators in the various Second cycle institutions in my locality and beyond to students, it has been a profitable venture so far ,after students getting calculators to better their studies. The demand for the calculators are huge but funds to purchase in bulk , to maximise profits and to minimise the impact of the inflation and the economic recession. These are the reasons why I need the Zidisha community to support me in this business venture.

My Business

The business is into retail of students scientific calculators ( Casio 991 ES plus version E) . The price of a box of calculators which is made up of 10 calculators is 800 Ghana cedis and a peice is sold at 95 Ghana cedis. I do make a profit of 150 Ghana cedis per box. Anything schools are in cession, four boxes are sold per week, making an income of 600 Ghana cedis per week. After travelling expenses to sales point and schools for delivery and also dashing teachers who does the sales on my behalf with a commission of 50 pesewa's per a calculator, my profit after expenses is 380 Ghana cedis

Project Proposal

The funds raised will be used to buy more scientific calculators to be sold to the various senior High schools in and around my locality. The income and profit will be shared with the zidisha community through repayment and extra contributions to help others also grow their business

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$49.88

Date disbursed

Jul 21, 2022

Cost to entrepreneur

Service fee: $3.92

Optional expediting fee: $5.95

Backers

G

glomardor

Leonardtown, United States

Derek Anderson

Yankton, United States

SA

Steve A

Newbury, United Kingdom

Ed

Howells, United States

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