To expand my mobile phone business

Boateng

Sunyani, Ghana

10% repaid

Entrepreneur

Name

Boateng

Member since

September 2016

On-time repayments

78 installments  •  10%

About Me

Frank Boateng is my name.I come from Kumasi in the Ashaanti Region. My parents are traders by profession hence all my education cost was funded by what they earns from their sales. Due to hard work, and the respect that i have for people i was employed in a mobile phone shop after completing Kumasi Senior High School. With the little savings i made, i was able to started my own mobile phone business. My hobbies are lestening to the gospel .

My Business

My business is located along the road to the main station Tarkwa. I deal in; mobile phone accessories like chargers memory cards, batteries, housings, screen protectors and mobile phones. I started my business in the year 2014. After saving a capital of $250 from my previous job I started my own business. Due to the location of the firm i enjoy high demand. I run my business with income of around $200 out of which $100 is profit. I use the profit to restock my business. The risk my business faces is price fluctuations and customer demands. .Thanks a lot to Zidisha team and I believe with your support I can achieve my goals.

Loan Proposal

I will buy Mobile phones and accessories in cedis .It will really help me because I will it will give me interest to buy more goods and also others will benefit a way that they will always get their expectations. Because it will help me to get current phones which will attract customers. I'm really sure that I can an interest of 1000 GH cedis .
Thank you lenders

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Sep 22, 2016

Repayment status

Late

Projected term

19 months

Lenders

The Zinc Team

San Francisco, United States

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