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Mobile Phone

To expand my phone and accessories bussiness

John DoeJ
EntrepreneurFrederickLocationBerekum, Ghana
Project status
100%funded
$10raised
16%paid forward

Frederick Badu kwabena is my name of birth, I was born in a city called Berekum in the Brong Ahafo region in Ghana, west Africa. I grew up in this city as a kid who started his kindergarten education in Roman Catholic primary school till senior high school. I continue from there to Catholic university where I pursue business management as my course of study.

I started my business as a shop attendant and latter on develop the strategies and skills to establish my own shop through the accumulation of the monthly salary that I received every month. Although things were not easy for me at the first time as a new person into a mobile phone business but gradually, I was able to stand in spite of the competition and the stress I found my self in.

People in this city are in fat , good working people and busy in all aspect of business to help build the city and Ghana as a nation. In all my life and any body that come in contact with me, the only advice I give is to also engaged themselves into at least a small scale business so as to get something to cater for the house and gets on some projects as well.

Football match is the one of the games I like so much, because I use to play for a coasts team when I was in senior high school.

Communication is one of the essential elements in any business organization, so I chose to sell Mobil phones in order to enhance the smooth flow of communication between customers and business men. The world today has become one village because of the introductio of mobile phones.

The shop is situated in the very vantage area in the city where people come get what want and need with ease without any inconvenience. In fact, as compare to what I get at the month after all expenses, the profit gain keeps on increases in a marging of 7.25% every month . To add more, in fact I have never regretted since I engaged myself into phones business since 2007 September 13th.

Profits gain after all expenses such light bills, internal revenue. Cleaning and wages to my shop guy, I reinvest the remaining balance to keep the business alive and growing

Business survival is the prime objective of any business man, should my loan approved by this noble Zidisha organisation, I will use this as an additional capital to reinstock more phones and accessories into my shop to help raised and increase the profitability ratio in the business. As at now some types of Mobil phones cost $15 whiles other cost more than that.

So with this loan as an additional capital from your noble organisation, it will help the company's monthly profit grow from 7.25% to at least 11.50% and I know more funds can be reserve to pay off this loan and ask for more should in case I put in for additional loan proposal.