Loan for buying more phones and accessories

Dominic

Kumawu, Ghana

2% repaid

Entrepreneur

Name

Dominic

Member since

January 2017

On-time repayments

25 installments  •  68%

About Me

My name is Dominic Assan. I am a Ghanaian of thirty ( 30 ) years old. I am fair in complexion and short in stature. I am fond of operating machine which really built my interest in using machine such as the home theater, computers and mobile phones. Because the was no money for me to further my education, on completing secondary school, though brilliant I had no one to support me. I therefore worked as causual work in a phone shop. But with humility and service, my Boss got to like me so much that he put me in charge next to him. Narrating my story to my Boss, he decided to help me by introducing me to the business properly. In fact, he is the reason why I operate my own business today.

My Business

The name of the business is Smart View mobile phones and Accessories. The mobile phone shop is located at Agona-Jamasi in the Ashanti region of Ghana. I basically deal with the sales mobile phones and accessories of different brand of phone including Smart phones. Since the shop has being in operation for only four ( 4 )years, I one sell to customers individually. Retailing or making it a wholesale is among my prime motive of doing the business. The main challenge I have is that, there are always empty shelves because I have limited capital to buy more phones and accessories stock the shop to the fullest.

Loan Proposal

Having this loan given to me will assist me to stock the mobile items in the shop with varying kinds of mobile phones and accessories whilst at the same time filling in the empty shelves within the shop as the amount that shall be raised here coupled with my savings could amount to something worthwhile. It is my hope that through your noble generous hand, I may be able to elevate the status of the business to that of wholesale where the business shall become an outlet for retailers to by at affordable prices and sell to their customers. With this aim, I wish to count on your support and cooperation.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$144.00

Date disbursed

May 22, 2017

Repayment status

Late

Projected term

137 months

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