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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  • Theophilus    Dec 20, 2017

    Joined a Team of Physiotherapist forming the JessDan Mobile Physiotherapy Service .We the first in Ghana to provide mobile physiotherapy services to clients on home bases.We seeking to offer home services to all

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    • Kelly    Dec 20, 2017

      Sounds like a great service!

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      • Theophilus    Dec 27, 2017

        Yes turning out find just a little challenge here and there. Also with my new loan to get a few equipment is being delayed

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  • Theophilus    Dec 16, 2017

    Trying to raise funds earlier to fuel project in this festive season

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  • Theophilus    Nov 29, 2017

    Dear Lenders I can pay more than previously adjusted amount

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  • Theophilus    Nov 21, 2017

    Can pay more and looking forward to a raise in credit limit too

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  • Theophilus    Nov 14, 2017

    Like to inform my lenders I would like to adjust my payment per my financial status

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  • Theophilus    Nov 10, 2017

    Currently adapting to project and can pay more

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  • Theophilus    Nov 1, 2017

    Currently facing a slow face in the progress in the project and would like to reduce to keep repayment percentage

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  • Theophilus    Oct 1, 2017

    Am thankful to all you lenders for your good response to my loan and also to Kelly am very grateful for you encouragement...

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  • Kelly    Oct 1, 2017

    I am a physical therapist myself. Good luck with this important research.

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  • Theophilus    Sep 26, 2017

    Hello Lenders,
    Am most thankful for your assistance in the funding of previous loan and your patients when I had to take a break from business to finish my national service assignment to my nation.Had it not been for the help of you lenders completion of my tertiary education would have been a great task. In the absence on the job field much effort was put into research works to find determine some trends in Non-Communicable Disease among people and children in my country with research yet to be published.After that I am permitted to search results to the whole team and the public. But its been a great work all together. And i wish to use my next loan to further this endeavor.

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  • Theophilus    Sep 9, 2017

    Hello Lenders,
    Thankful for all your patiences during my dominance in business in business activities during my service period.Like already mentioned I fully returned to business and the returns from the service is good. Owing to this i seek to further increase my payment amount

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  • Theophilus    Aug 31, 2017

    Currently active in business like stated and would like to update my payment schedule....

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  • Theophilus    Aug 17, 2017

    I wish to change my loan repayment due to me back to business after a long 11 months break to complete my National Service to my country after graduation from school.Thankful for you lenders for your help through school days till now.

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  • Theophilus    Aug 17, 2017

    Hello Lenders,
    I write to apologize for my absence of comments for the past months owing to me partaking my National Service after school for the past 11 months.As a result of that wasn't able to really partake fully in the business process causing a slight decrease in my repayment process and also my reduction in payment amount for a while.But by God's grace am now done with the service and fully functional into business now. I write to inform you patient lenders for your wait and support.

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  • Theophilus    Sep 20, 2016

    Change in business and adjusting to a new programme all together can be challenging as a result adjusting payment schedule to suit current demands after which I would readjust.

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  • Theophilus    Sep 6, 2016

    Hello Lenders,
    I write to inform you i have successful received my loan as a result of your great contributions and interest to fund my project.I would like to thank you all for your support. Thank You

    Theophilus.

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  • Theophilus    Aug 22, 2016

    I want to take this opportunity to thank you all lenders that contributed to funding this loan and ones before. This acquired loan would be used to purchase the equipment which I hope to take pictures and send to you.

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  • Theophilus    Aug 16, 2016

    Recently, as a requirement for my field of study, I had to thesis and my choice of topic was to access the rate of physical inactivity among people in my community and to my surprise the result tends out a lot of individuals did not meet the recommended requirement.Hence a decision by me and my colleges to embark on a physical training exercise and education about non-communicable disease in the community.The first meeting was a success and below is a picture of a session

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  • Seth    Aug 11, 2016

    All the best Theophilus, you are one of the good standing members on this platform. Keep it up. I'm also hoping my project is funded soon to impact many.

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  • Theophilus    Aug 9, 2016

    Dear Lenders, am glad to announce currently and successful done with the academic calendar as a result fully back to running business as before.Thanks for all you kind works. God richly bless you all

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