83 weekly installments • 100%
I am a 33 year old Ghanaian with 3 siblings, recently got married,a football and golf fanatic and a lover of electronics. After completing my national service 4 years ago I was on a job hunt till two years ago I decided to start my own business. Since then my life has been mostly about my family, my work, watching football (I am a Chelsea FC fan) and golf(almost every Thursday to Sunday). Funny thing is that I have never held any golf equipment but I fancy winning a golf major tournament in the near future... ha ha ha ... and I keep on dreaming.
My work is basically into the sale of electrical gadgets(wiring cables,multi sockets,TV antennas) and mobile phones and accessories (batteries,chargers,cases). I have recently included Mobile Money merchandise and the sale of call recharge cards and it has really increased my daily sales.
This business is in high demand due to the quest for smartphones and the fact that Ghana is migrating from analogue to digital TV stations. Profits from my work is partly reinvested into growing the business and taking care of my sibling and will be the main source of loan repayment.
Hello my cherished Zidisha lenders, I come to you once again since i know you can help me as you always have.
This loan is intended to increase my stocks by buying more TV antennas. In Ghana, the migration from Analog to Digital Television has caused the demand of Tv antennas to increase and in the past months that has been the main demand of majority of my customers. The cost of purchasing these antennas will be $600. With this amount, I anticipate getting more new customers to increase my business and also enable me take care of my siblings who have become a motivating factor in my daily activities. On average I expect my profit margin to increase by $250. Thank you in advance.
Jun 5, 2017
Cost to entrepreneur
Service fee: 5% of $567.45 = $24.30