Supplying satellite equipment

Mamudu

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Mamudu

Member since

September 2018

On-time repayments

15 installments  •  87%

About Me

My name is Nuhu Mamudu and I attended my primary school at Gingade Middle School in Bawku in the Upper East Region of Ghana.

I completed middle school which was form four in 1981. I then decided to drive a commercial vehicle.

Then in the year 2000, I start a business of buying and selling and with that am able to overcome some challenges.

The uniqueness of my culture is that most of our people are farming and also producing of charcoal

My children have a plan of getting to the highest level of education to attain success in life.

I watch Television and also do a lot of exercise.

My Business

I provide Satellite Equipment such as KU dishes, Decoders, Remote control etc.

These equipment are used for tracking signals for satellite T.V channels.

A friend introduced me into this business and i enjoyed using the satellite so I decided to buy some and sell.

My cost for purchasing these equipment is abut GHS 3000 and my revenue also rises base on the size of the market.

Some of the profit is reinvested into the business which will enable the business to grow and also enable me pay my wards school fees with ease.

Loan Proposal

I am into buying and selling of satelite equipments. For example, KU satelite dish, LNBF, decorders and remote controllers. The prices of these equipments varies base on sizes. Thus ,
KU satelite dish - From $20 to $80
LNBF - From $5 to $20
Decoders - From $20 to $30
Remote controls - From $3 to $5

The benefit will be an increment of profit margin to me and hence help me to pay my wards school fees without much much stress.

The profit increment will base on the how much loan i will be able to access and how viable the market is.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.52

Date disbursed

Sep 12, 2018

Repayment status

On Time

Projected term

1 week

Lenders

CN

Craig Newmark

United States

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