Adding prepaid phone credit sales to my shop

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

I want to add phone units ( calling minutes ) to my business with this loan. Zidisha has really kept my dream into a reality gradually as I continue my trade. It has been flourishing and I can take care of a lot of responsibilities at home. Many of my customers do ask of calling cards to load on their phones. This has necisitate the move to sell the calling cards at my shop to keep my customers with their demand whilst I make money at the same time.

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

$467.00

Date disbursed

Feb 13, 2017

Repayment status

On Time

Projected term

4 months

Lenders

PaulE

Cockeysville, MD, United States

J

JeanSmith

Mercer County, United States

Paul Buchheit

Mountain View, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

Malibu River

Tokyo, Japan

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

BS

Brad Sims

Hexham, United Kingdom

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