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

None

None

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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Summary

Amount repaid

$2.06

Amount remaining

$18.01

Expected completion

Mar 24, 2018

Status

Repaying late

Installment amount

$0.26

Repayment History

Expected Payments Actual Payments
Oct 1, 2016 $0.26 Sep 22, 2016 $0.26
Oct 8, 2016 $0.26 Sep 22, 2016 $0.26
Oct 15, 2016 $0.26 Sep 22, 2016 $0.26
Oct 22, 2016 $0.26 Sep 22, 2016 $0.26
Oct 29, 2016 $0.26 Sep 22, 2016 $0.26
Nov 5, 2016 $0.26 Sep 22, 2016 $0.26
Nov 12, 2016 $0.26 Sep 22, 2016 $0.26
Nov 19, 2016 $0.26 Sep 22, 2016 $0.26
Nov 26, 2016 $0.26
Dec 3, 2016 $0.26
Dec 10, 2016 $0.26
Dec 17, 2016 $0.26
Dec 24, 2016 $0.26
Dec 31, 2016 $0.26
Jan 7, 2017 $0.26
Jan 14, 2017 $0.26
Jan 21, 2017 $0.26
Jan 28, 2017 $0.26
Feb 4, 2017 $0.26
Feb 11, 2017 $0.26
Feb 18, 2017 $0.26
Feb 25, 2017 $0.26
Mar 4, 2017 $0.26
Mar 11, 2017 $0.26
Mar 18, 2017 $0.26
Mar 25, 2017 $0.26
Apr 1, 2017 $0.26
Apr 8, 2017 $0.26
Apr 15, 2017 $0.26
Apr 22, 2017 $0.26
Apr 29, 2017 $0.26
May 6, 2017 $0.26
May 13, 2017 $0.26
May 20, 2017 $0.26
May 27, 2017 $0.26
Jun 3, 2017 $0.26
Jun 10, 2017 $0.26
Jun 17, 2017 $0.26
Jun 24, 2017 $0.26
Jul 1, 2017 $0.26
Jul 8, 2017 $0.26
Jul 15, 2017 $0.26
Jul 22, 2017 $0.26
Jul 29, 2017 $0.26
Aug 5, 2017 $0.26
Aug 12, 2017 $0.26
Aug 19, 2017 $0.26
Aug 26, 2017 $0.26
Sep 2, 2017 $0.26
Sep 9, 2017 $0.26
Sep 16, 2017 $0.26
Sep 23, 2017 $0.26
Sep 30, 2017 $0.26
Oct 7, 2017 $0.26
Oct 14, 2017 $0.26
Oct 21, 2017 $0.26
Oct 28, 2017 $0.26
Nov 4, 2017 $0.26
Nov 11, 2017 $0.26
Nov 18, 2017 $0.26
Nov 25, 2017 $0.26
Dec 2, 2017 $0.26
Dec 9, 2017 $0.26
Dec 16, 2017 $0.26
Dec 23, 2017 $0.26
Dec 30, 2017 $0.26
Jan 6, 2018 $0.26
Jan 13, 2018 $0.26
Jan 20, 2018 $0.26
Jan 27, 2018 $0.26
Feb 3, 2018 $0.26
Feb 10, 2018 $0.26
Feb 17, 2018 $0.26
Feb 24, 2018 $0.26
Mar 3, 2018 $0.26
Mar 10, 2018 $0.26
Mar 17, 2018 $0.26
Mar 24, 2018 $0.26

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