Name
Yaw
Member since
July 2017
On-time repayments
18 installments • 11%
My name is Agbanyo Yaw, I am into mobile phone and computer accessories business in the northern part of Ghana. I am the breadwinner of my family after the demise of my father in the year 2011. I am married to a wife with two kids. I am also a teacher.
The business is mainly in two folds: mobile accessories and computer accessories. In the community that live in have no such business, so I thought it wise to establish this business in order to serve the people. Therefore, to start the business, I went in for bank loan. The loan is not enough for the business because, this business is not like selling mobile phones whereby one will buy some three brands, but with accessories, one needs to have in stock almost all the brands(mobile accessories) and different model numbers. It is good business though.
The purpose of the loan is to boost up my business (mobile phone accessories). I have started the business in a small way but lack finances to boost up the business. This business is a broad base business, thus, to say day in day out new mobile phones are invented. Therefore, one needs more finances to purchase more of the accessories.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$120.00
Date disbursed
Aug 7, 2017
Repayment status
On Time
Projected term
2 months
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