Purchase used cell phones for my cell phone resale business
Prince
Kumasi, Ghana
100% repaid
Entrepreneur
Name
Prince
Member since
November 2014
On-time repayments
202 installments • 80%
About Me
My name is Prince Evans Ghartey 30 years of age from Ghana.
I deal with electronic devices like mobile phones Laptops and accessories.
My friend introduces Zidisha microfinance to me three years two and half years ago and it has really help me A lot
all the prises goes to you the Lenders
I have finished paying my current loan and am applying for new loan I ask you my lender to raise this loan to help my business go High as always because A lot of people from my community also depend on my small income
By the Grace of Lord I have also completed my tertiary education
Am a computer engineer now thanks to you my Lenders.
My Business
I provide my customers with Laptops
Brands like HP,Toshiba, MacBook,lenovo and etc.
They are useful because my good are very affordable price and quality .
I choose this kind of business because most people can't afford to buy laptop on online especially when not in bouck it very expensive.
Mostly my cost of revenue is much higher because of the quantity of machine I need and demand, a single laptop can cost 540$ all thou it depends on the specification and model .
Dell inspirion 15 500 i7 cost-$579.99
Hp A6-9220 cost -$269.99
Acer Aspire i3 cost 348.99 goes on and on.
I reinvest my profit in my business
But at the end of every year I divided my benefits into two and take one to orphanage home .
Loan Proposal
Am into second hand business of selling used mobile phones, most a times I shop online to sell. Usually I get like ten percent on every phone I sell. So am hopping and praying this time I rent a big store and move out from my old place. So am counting on on the lenders to help me out.
Feedback
Positive
3
Neutral
1
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,523.00
Date disbursed
Mar 29, 2016
Repayment status
On Time
Projected term
14 months
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