To purchase accessories to stock the shop to maximize profit

Michael Kwarteng

Accra, Ghana

14% repaid

Entrepreneur

Name

Michael Kwarteng

Location

Accra, Ghana

On-time repayments

143 weekly installments  •  31%

About Me

I am Michael Kwarteng,I am 25 years old and Christian. I'm the fourth of six children to my parents and Ghanaian by birth and live in the capital town of Ghana, Accra.
I was student from National Institute of Information and Technology (NIIT) Accra, but currently pursuing my BSc IT program (distance education student) at Accra Institute Technology,. I am a good Christian and love evangelism work as well.
As a young entrepreneur I own a computer shop which I offer IT Training, Office Networking, Computer sales and repairs,
Architectural drawing, Graphic designing and Photo copies and many more .

My Business

In a growing era of personal needs and desires, income is the one of the most satisfying factor of an individual’s life. Income from multiple sources is one of the most required trends of present requirements and lifestyle. People with ordinary or average income generally face a greater impact on their lives when their single source of income is challenged. It takes them a larger span of time to come down to the basics once they start suffering due to their single income source. As a result of this their physical and mental health also gets affected.
My source of income is based on the following:
As a young entrepreneur, I own and manage a computer shop (euro IT Solutions) which gives me a lot of income. But there are more room for improvement with little efforts from well wishes.
I like my profession because it gives me a lot of experiences and shows me a different range of life backgrounds and human behaviours specifically of the youth.
However, sometimes I've had a hard time since there are a lot of challenges as well. But even so, I've tried to look in a positive side, because I know dealing with human isn't an easy thing.
In order to improve my work performance and myself, I believe there are still many things I have to learn, and need to strive for to become a successful entrepreneur in the future.

Providing professional IT services has been my passion always. I want to make my professional services available not only in my locality but across the country and worldwide. However, It has been a worry to me as to how to expand my business without the requisite financial backing. Things have been in a standstill for quite too long. I am looking forward to expanding my business to new locations. I also want to provide more improved IT Services to better satisfy my client's needs. I believe that with the necessary assistance, i can reach higher heights!

Loan Proposal

In a growing era of personal needs and desires, income is the one of the most satisfying factor of an individual’s life. Income from multiple sources is one of the most required trends of present requirements since income are better than wages.
In view of these i have decided to use the money if granted to buy some more accessories and teaching materials which is estimated around 600 dollars.
This will help in increasing my income because the demand for these things are high and am going to increase my sales and also since the office is on university campus, students to have easy access any time they are in need of it. Students are required to make a time-consuming and costly trip to the inner city to service their computers and to buy some common accessories.
The accessories includes external hard drives, pen drives, mouse, usb network cards, sd cards, screen protectors and lap tops parts.
Sales from these items will double the requested amount which is going to help in cash inflow of business and to help in my loan repayment on time.

Hoping to be founded on time. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$528.75

Date disbursed

Jun 30, 2015

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Service fee: $26.50

Lenders

Zidisha

Sterling, United States

Z

Zarnigar

Boston, United States

ads68

Melbourne, Australia

T

Tui1974

nuenen, Netherlands

fairspirit

Utrecht, Netherlands

A

arwaandali

Ottawa, Canada

A

AFGriffith

Woodinville, United States

J

jeremysherwood1

Cocoa, Fl, United States

W

Winniether

Rochester, United States

C

CarolD

Hendersonville, United States

B

Brian

Washington, DC, United States

S

sjenkins

Swansea, United Kingdom

W

Walter1

Bergneustadt, Germany

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

M

maxep06

Fairfax, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

J

Jamie

Vancouver, United States

C

CJAnderson

Sydney, Australia

H

HomesteadSchool

Glen Spey, United States

Sheena47

Ottawa, Canada

2

2Samuel22

Clarksville, United States

colochef

Montevideo, Uruguay

F

Freya

Adelaide, Australia

J

jasonandvachi

Renton, United States

ashleeandjeanelle

Auckland, New Zealand

J

jasontoheal

Geraldton, Australia

M

MACH1351CJ

HOMMELVIK, Norway

F

Fintons

Grand Rapids, United States

B

Britams

Amsterdam, Netherlands

claire.mcleland

Springfield, United States

P

Phoint

Zurich, Switzerland

Peter Marozzi

Kaohsiung, Taiwan

S

Somniferum

Ontario, Canada

numbat

Perth, Australia

larsandanika

Langen, Germany

G

gertrude

Cumberland, Canada

M

Moonknight

Østre Gausdal, Norway

K

Krishroff

Dubai, United Arab Emirates

R

ruthieonart

Plano, TX, United States

A

asmoris

Toronto, Canada

TraciV17

Indianapolis, United States

T

tocolino

Ettlingen, Germany

O

olliepalmer

London, United Kingdom

F

fredrikahl

Stockholm, Sweden

T

TedEBear

Sparks, United States

W

WenShiDi

mobile, China

C

caldw142

Whanganui, New Zealand

S

Sclodfelter

Los Angeles, United States

sbyun

Toronto, Canada

J

Jamesd

Swansea, United Kingdom

F

Fritzimax

Pacific City, United States

Bill2073

Florida, United States

I

icmoonchild

Haddon Heights, United States

O

ommthree

Egg, Switzerland

C

Colmena

Chicago, United States

B

b_plok

Granada, Spain

C

corvus

Paris, France

kivadoris

Vancouver, Washington, United States

DVM1417

Seaford, United States

J

jocke

Stockholm, United States

T

TryingAndFailing

St Paul, United States

J

johanwinnubst

Amsterdam, Netherlands

paulclinton

malaga, Spain

M

MichaelSmith

Dallas, United States

L

LongTallSallymander

Menomonee Falls, United States

A

anonalender

Hampshire, United Kingdom

A

AndrewC

London, United Kingdom

G

gradient

KFAR SABA, Israel

R

RickRozemuller

Groningen, Netherlands

I

idakaren

bonlez, Belgium

3

381inc

Beverly HIlls, United States

P

Paleomagick

Eldred, United States

C

Carlos

Barcelona, Spain

S

smetis

Kananaskis, Canada

S

Sreval

Manly, Australia

FriendinOregon

Hillsboro, Oregon, United States

P

Pavane

Kungsbacka, Sweden

L

lewisfamily

Bicester, United Kingdom

W

wilma95

napa, United States

Inspire

Calgary, Canada

whiteboyinasia

Batu Ferringhi, Penang, Malaysia

N

NickLuder

London, United Kingdom

A

Alaska

Roscommon, United States

A

Adiuvo

United Kingdom

O

Ohio

Ohio, United States

T

ThereIsNoGod

Singapore, Singapore

R

rebtl

San Francisco, United States

P

Pillango

Frankfurt, Germany

A

andprosper

World Peace, United States

G

GCAsmus

Minneapolis, United States

M

mjohnson

Austin, United States

MarshFamilyUK

Canterbury, United Kingdom

Mrdressup

Brisbane, Australia

D

Draka

South park, United States

N

nglogic

Warszawa, Poland

90803

Long Beach, United States

M

MHarrison

Bristol, United Kingdom

M

mcmathae

Santa Clara, United States

J

JacobKate

Brisbane, Australia

JoaoManuel

Santiago Do Escoural, Portugal

meyerraf

Cedar Rapids, United States

somuchjackson

Boston, United States

stroi08

Odense C, Denmark

B

BMcDermott

Washington, DC, United States

B

benlenarts

Netherlands

mepster

San Francisco, Ca, United States

Grant Xavier Storer

Seattle, Wa, United States

M

Maggie

Australia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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