More phones for my shop

Frank

Berekum, Ghana

100% repaid

Entrepreneur

Name

Frank

Member since

October 2016

On-time repayments

130 installments  •  21%

About Me

I had my early childhood school berekum Pentecost and later completed my junior high at amomaso . I later move to berekum senior high school. after I completed my shs, I engaged myself in a coconut business. later a friend brought me seven phones from Kumasi to sell in berekum. I was able to buy additional two with my profit. my shop is located in the central market of the municipality. I had a daughter that wants to be a nurse in future and wants to work harder each day to aid her make her dreams become a reality

My Business

i do sell phones of different brands. i have in
my shop itel,sony expira iphones and many adroids. I use my profits to purchase more and new brands of phones.
I've not added accessories. I've got 360 covers for itel S11, S31, itel 1556plus, itel 1516plus, techno phone of all brand has got its covers. I also have glass protectors for couple of Android phone in my shop.
They are much affordable and above all its de quality ones that I've got.

Loan Proposal

I will use the loan to buy new and current models of android phones amounting to 50 to 70 dollars. this will aid me generate an income of amount 15 to 20 dollars. of which i can use that profit to buy new other phones. and also use some for my rented shop. my kids and family can also have an amount to make a living . this will enhance better communication within my town. people can access this advancement in technology. people can browse and chat when they have good, better and smart phones. I can also extend my business thereby meeting the demand of my people or customers.

Feedback

None

None

1

  • Day Family    Feb 23, 2019

    2 late repayments in total, then no updates or repayments from lender in over 18 months. Poor experience.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Oct 31, 2016

Repayment status

On Time

Projected term

9 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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  • Comfort    Oct 23, 2017

    Please lenders this time I could not reached Frank Addae I also called the community leader but didn't go through, neighbors and the family members but I didn't reach them.

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  • Comfort    Sep 17, 2017

    Frank Addae says he couldn't make a payment because he is and not working, due to that he has no money to pay. He said next week he will start making payment as possible. Thanks

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  • Comfort    Mar 10, 2017

    My dear lenders i contacted Frank Addae,he again explain me that,after the renovation of his working place,he is not working for now because,all his money is finished so he is working extra to get money to pay.Thanks.

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  • Comfort    Feb 4, 2017

    My great lenders,i called Frank Addae,he explained to me that,he is making some renovation in his shop,due to the renovating he has stop selling .he said he will complete very soon and start business so that he can pay the arears.Thanks.

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  • Frank    Oct 18, 2016

    thank you very much for your hand in expanding my business. am much grateful. am gonna buy more phone for my shop. this will help my expansion of my business

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