Selling video disc and other mobile phone

Osei

Berekum, Ghana

100% repaid

Entrepreneur

Name

Osei

Member since

June 2016

On-time repayments

59 installments  •  88%

About Me

My name is osei coolins from berekum in brong hafo regoin,ghana. I started my basic school at Berekum methodist pramery School, And forward to my education from there to berekum senior high school. My father is business man from accra and my mother is farmer too from bererkum by profession. iI am the first born of my family and i have marriage with one kids.After i completed my education than i start marking my own business that selling video disc,Because when i start my businee i find it difficult to get my own shop to keep my thing in so i make it some place that is road size . If am being given $400 in a week I can get $90 to $200 profit a week. The loan will also help me to expand my business and also employ more people. . With the little savings made I started my own supermarket shop. I can see that the community need these daily items in their homes.

My Business

I started this video disc selling about one and two year . . Since I started this business, I can see that people are always at my shop purchasing. The main products are disc shop, disc and other mobile phone shop . Al. The aim behind choosing this business was that, everyone will need this in everyday life because you have to take and wach your own hobby movis disc. . If I invest let say $ 100 within a week I can get $90 profit because as soon as I bring the goods community people come in and purchase them. My business capital is small and I need money to purchase most of the products in order to attract more customers as far as the community population is concerned. The profit will also be used to enroll in a tertiary education.

Loan Proposal

When i get the loan i will fisrt make to new shop so i can keep my product in. like, disc and phones , d. my first loan was used to purchase a few products since part was used to register myself as part of zidisha borrower member. i hope with this loan i can serve at least 40% of the needs in my community which will increase my profit margin from 35% to a minimum of 49% based on my research. i am looking forward to zidisha on this loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$265.56

Date disbursed

Jul 11, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

Craig Newmark

United States

A

Anonymous

United States

A

Anonymous

United States

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