To buy more phone accessories to sell

Kwadwo

Berekum, Ghana

100% repaid

Entrepreneur

Name

Kwadwo

Member since

July 2015

On-time repayments

141 installments  •  77%

About Me

Kwadwo Poku is my name, I am 26years,I am dark in completion and about 4.4 feet tall. I am a native of Berekum. I am the third son of my parents. I had my elementary and basic education at the local Catholic Mission School. I furthered on to High school at Sunyani the regional capital. I read business marketing at school and decided to practice it in real life. I really like trading and it has been a fruitful business ever since I enter into it. I do reading at my leisure times and enjoy rice and beans Stew as my favorite dish.

My Business

Upon completion of my High School education, I established my own business to relieve my parents of the burden. I engaged myself into mobile phones and accessories. my parents supported me with the starting capital. I was able to stock my mobile phone shop with accessories like mobile phone housing, batteries, ear pins, phone covers and pen drives. My business is gradually flourishing because I have a lot of customers and they really enjoy what I sell. I have added mobile phones to it and is amazing how people rash into my shop for one.
I chose this business because almost everyone above 18 years uses phone in their day to day activities. Therefore, it is very safe and necessary to trade in this business than to invest the money into any other business. Due to the bad economic situation in Ghana currently, one has to take a very critical care in any business before injecting much money into it.
It is indeed a lucrative venture but my source of capital is not sufficient to meet the demand of my customers and I am therefore seeking assistant from Zidisha team to help me raise enough capital to expand my business. I don't spend the profits alone, I have a widow who I usually support her with rice, tomatoes paste and cooking oil.
I have also pay several visits to an orphanage (World of Friends) in my town to assist them with the little that I have and more so reinvest some of the profits in growing my business. Thanks for help.

Loan Proposal

Thank you once again for helping me to his level. I'm grateful for the assistance you have been given me for sometime now. Of course, this new loan of $500 would go a long way in helping me buy more phone accessories to sell at my shop. I believe through your help, gradually I will get more profit to help my business grow. I've been able to take care of a lot of responsibilities at home these days. I promise to pay back the loan with the profit I make from the business on time. Thank you for helping me

Feedback

3

None

None

  • BernadetteV    Nov 8, 2017

    Regular repayments and loan repaid on time.

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  • Will    Oct 12, 2017

    Kwadwo has made regular repayments and it looks like he will continue his excellent record. I would lend to him again.

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  • BernadetteV    Jun 26, 2017

    Kwadwo made regular repayments and repaid the loan just as promised.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$499.00

Date disbursed

Nov 5, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Krtecek

Balzers, Liechtenstein

Paul Buchheit

Mountain View, United States

Kyle Hoback

Omaha, United States

Villa Maria Outliers

Montreal, Canada

ExplorerOz

Sydney, Australia

PG

Paul Graham

United States

M

Magnus

Switzerland

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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