Entrepreneur
Name
Emmanuel
Member since
August 2015
On-time repayments
105 installments • 79%
About Me
I have a dream to become an entrepreneur. In view of this, I went into petty trading to help people meet their needs. Even though it was not in large form, it was going on smoothly. It was not mainly the profit that I was considering much but also helping them to get what they need.
My Business
I always do surveys in my business environment all the time to unveil opportunities around which to build my business. Most of the things in need are seasonal.
The profits that I get in all sales are being reinvested.
The profit I project is 10 to 20 per cent which even goes with the duration of payment.
Loan Proposal
It meanly laptops,phones,cameras,tablets and television but i do not buy them to sell but do it upon request then the person pays part then i will purchase the item for the person then i take my balance after receiving it.simple like a hire purchase.
it in demand but sometimes the people do not have money to buy on ready cash so i do it in a hire purchase form and since i do not have enough capital i buy them as per request .i am into this business because with this i am able to manage every thing by myself and keep good eye on my money and know what to do at anytime and it less time consuming.
And the profit is sometimes channeled back to business but sometimes to assist my siblings with their education and my education too.with the help of this i have mange to start a degree course.
the cost of the business depends much on the request or the demand for the items and the profit margin too is not much because i always want to beat price for the items to go quick and since i do not run a shop, i do consider it to reduce the price.And because my capital is not much i do sometimes have many request but i have to let those who took it first to pay before i can raise fund for a new purchase.
About Me
I have a dream to become an entrepreneur ,in view of this I went into petty trading to help people get their needs .Even though it was not in large form but it was going on smoothly and it was not mainly the profit that I was also considering much but helping them to get needs.
Though I wanted to grow up as an Electrical engineer which never came to past, I decided to go around do something on my own to make ends meet.this led me into buying and reselling which is the common trade at where I live and i started with electronics and computer accessories.
my hobby is watching soccer and reading about how entrepreneurs make their businesses survive
My Business
Sales of sachet water sales and have started with bottle water by the help of Zidisha.
This services is useful to my community due to lack of portable water in my community, so the people around there depends on this sachet water which is affordable and healthy for consumption.
The profit will be reinvested again into this water business.
Because it my dream help my people get good drinking water.
Loan Proposal
It meanly laptops,phones,cameras,tablets and television but i do not buy them to sell but do it upon request then the person pays part then i will purchase the item for the person then i take my balance after receiving it.simple like a hire purchase.
it in demand but sometimes the people do not have money to buy on ready cash so i do it in a hire purchase form and since i do not have enough capital i buy them as per request .i am into this business because with this i am able to manage every thing by myself and keep good eye on my money and know what to do at anytime and it less time consuming.
And the profit is sometimes channeled back to business but sometimes to assist my siblings with their education and my education too.with the help of this i have mange to start a degree course.
the cost of the business depends much on the request or the demand for the items and the profit margin too is not much because i always want to beat price for the items to go quick and since i do not run a shop, i do consider it to reduce the price.And because my capital is not much i do sometimes have many request but i have to let those who took it first to pay before i can raise fund for a new purchase.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$199.00
Date disbursed
Dec 14, 2015
Repayment status
On Time
Projected term
3 months
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Ask Emmanuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
nicole Dec 16, 2018
nicole Nov 7, 2017
Emmanuel Nov 20, 2017
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