Video display & phone cables for my online business

Gideon

Accra, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Gideon

Member since

July 2017

On-time repayments

83 installments • 52%

About Me

I have great ideas and I need the resources to back those ideas. I've had to run a couple of small businesses to make ends meet, I have sold electronic appliances among other things, and in my experience, over the years, you require sizeable capital in order to make real money. Great ideas yield result only when they are executed properly and on time. This requires money

My Business

I import( online from aliexpress) and sell video display cables like VGA, HDMI, Thunderbolt to VGA and video display adapters as well as mobile phone chargers, Ethernet and fiber optic cables. I'm looking to open an online store as part of efforts to expand and reach more customers, and as time goes on establish an actual shop

Loan Proposal

I will buy different kinds of cables from amazon. Below is a list of the cables and their prices.
4k HDMI cables 6ft- $6.99
VGA cables 6ft - $6.75
HDMI splitters - $11.99
VGA to AV adapters - $12.99
Ethernet cables (CAT 7) 2m (2 pack) - $8.99
Ethernet cables (CAT 6) 50ft - $11.99
Ethernet cables (CAT 6) 15ft - $5.99
USB type C cables(Cable matters brand) -$5.99
USB tyoe C generic cable (5 pack)- $9.99
USB type C (Voluts Brand Fast charging, 5pack) - $16.98
[USB-IF Certified] Cable Matters USB 3.1 Type-C (10 Gbps)Gen 2 Cable with 4K Video & Power Delivery up to 60W in Black 3.3 Feet / 1m - $12.99
USB type C to HDMI and VGA adapter - $24.99
USB type C to HDMI cables 6.6ft - $14.99
USB type C Hub - $26.99
Mini Displayport to HDMI cable $7.99
Display port to HDMI adapter - $6.95
Anker lightning cables 6ft- $8.99
Audio jack + Lightning splitter for iPhone 7 - $14.99
VGA y-splitter cable - $6.99

This will benefit me immensely as the profit from this will be used for my upkeep on campus as well as settle any fees that come up as I am about to graduate. It will lessen the load on my parents as well so they can rest a little and focus on thier health.

I expect that wth amazon shipping the package should arrive in about 2 weeks. I will be able to sell all the items in 6 weeks using instagram as a marketting tool. Amazon prices are not as cheap as Aliexpress but quality is assured. I expect to make 50% profit after 6 weeks.
So if I am given $400.00 I will make $200 profit in 6weeks