Name
Alhaji
Member since
October 2016
On-time repayments
38 installments • 84%
i started school at Berekum . i over this hardship when my caretaker died and later l want to stay with a family relatives unforturnately for me there was and explosion from a feeling station which catches fire and all then house were burnt. a friend gave me a loan to start a business. Berekum is a town which has a high rate of Hospitality. i want my children to get to a high level before l will introduce them to business. i u send to watch football and watching movie. i really like my business because i am able to use it for my expenses.I entered into the business of mobile phones.Ghanaian people are more adaptive to mobile phones as a result high and more business.
i selling mobile phone because every day people want to communicate with their business partner and relatives. because the demand of mobile phone are very , very high and if we have fewer people in this business due to that fact purchase is very fast and profit too is very high . if demand is high profit also inncrese its rate. because of the high demand i chose this business. i will use the profit to invest in my children education and inventory . due to high percentage of people who use it, 90% petronization increase day in day out. so I am encourage other to enter into this business.about90%of the people in Ghana are using phone and more often addictive to New brand into the market.inview of that day day out petronization increase in every day.So I will entreat other colleges to get into this business.petronization of mobile is very high.
The money really help me a lot to improve upon my business.as a result of high goods and quality of goods I have the rate on which people buy it is very high .and my customers too admire the business due to the fact that I normally introduced New brand of phone.I will used money to buy more goods.cost of one itel $20 I will buy 10 which cost $200 and I will also buy some ear piece costly$20 and phone covers which cost $15.
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Project Type
Classic Loan
Disbursed amount
$209.00
Date disbursed
Oct 10, 2017
Repayment status
Late
Projected term
6 weeks
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