Selling mobile phones to finance my education

Theophilus

Accra, Ghana

100% repaid

Entrepreneur

Name

Theophilus

Member since

January 2016

On-time repayments

87 installments  •  89%

About Me

I'm Theophilus Ackom a 26 year old Physiotherapist and graduated from the University of Ghana. With the help of Zidisha two years ago i was able to finance my school fees and also my thesis that lead to a successful graduation process. Currently a working physiotherapist and doing my possible best to give back to the community as Zidisha has always given to me.

My Business

As a member of the fast growing clinic and the first of a kind in Ghana that offers mobile physiotherapy to clients at the comfort of their home. JessDan Mobile Physiotherapy Clinic seeks to provide good and quality mobile physiotherapy services for our loyal clients. With the increasing rate of burden of carrying a disabled or impaired patient to the clinic and also the stress of being in long queue at the hospital. My team and I provide great and quality physiotherapy services to clients at their homes. Seeking to release burden on patients and on the limited health facilities available in my country being a developing country.

Loan Proposal

With an initial amount of 293 GH Cedis (74.74 US Dollars) can currently buy 3 phones at a net price of 98 cedis (23.72 US Dollars) from the dealers and sell to my customers at 150 cedis (38.27US Dollars).I can sell all 3 in a week due to the recent increase in demand of this phone hence making a gross profit of 156 Cedis (39.80 US Dollars). With this profit i would pay off my weekly payment to Zidisha that is 57 Cedis and also save 50 Cedis (12.76 US Dollars) towards my hostel fees and use the 43 Cedis (10.97 US Dollars) remaining profit to cater for personal needs in school since am a level 400 student and writing my dissertation this semester.After which i would go in for new set of phones for the dealers and resupply.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jan 26, 2016

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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