To purchase inventory for my mobile phone repairing shop
Abdul
Ashaiman, Ghana
100% repaid
Entrepreneur
Name
Abdul
Member since
July 2015
On-time repayments
26 installments • 73%
About Me
My childhood education begun in Ashaiman No1 junior high school, ending at Tema senior high school where i graduated. i could not further due to financial problems with my parents, and i decided to learn a trade which led me to a Mobile phone Soft and Hardware training which i did for 2years. I then started working on my own as a Mobile Phone Technician since April 2013. My locality is densely populated and the people here fancy mobile phones so much. Ghana is said to be using the most surfiscated phones worldwide and my locality contributes largely to this statistics. Mobile phone business is very lucrative here. Therefor with financial assistance (FUNDING) from your organization i will be able to expand my business to enable me afford for my wards who wants to become a lawyer and footballer in future school fees, though when i was growing up i always dream't of becoming a Phsycologist. i promise to abide by the rules and regulation of your kind organization if am funded and thank you.
My Business
My business entails Mobile phone repairs, Decoding, and Unlocking, Flashing etc. I also retail with phone parts such as; Batteries, Chargers, Housings, Screens etc. My minimum income per day is between 40GHS to 80GHS. Sometimes am able to make up to150GHS a day.Therefore if my project becomes appealing to you and am funded, i will increase inventory and materials in my shop. This will prevent my frequent travel from my locality to the city for inventory and thus degrees frequent transport charges and also save enough time to work and make more profit. With more profits i will be able to help the needy by training the youth to learn this trade and also be able to afford for my wards school fees.
Loan Proposal
my first loan as a beginner, i will add to the capital i have in hand and use in purchasing more goods such as Phone battery, Chargers, Housings, Hands free, Covers etc for retailing and also buy some materials i need badly to work with, eg soldering iron, lead soldering past. I will also get my a new pair of tools which is less expensive to make working easier and faster than usual.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 8, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
Summary
Amount repaid
$48.50
Amount remaining
$0.00
Date repaid
Sep 14, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $10.50 | Aug 15, 2015 | $10.50 |
| Aug 23, 2015 | $10.50 | Aug 22, 2015 | $10.50 |
| Aug 30, 2015 | $10.50 | Aug 29, 2015 | $10.50 |
| Sep 6, 2015 | $10.50 | Sep 5, 2015 | $10.50 |
| Sep 13, 2015 | $6.50 | Sep 14, 2015 | $6.50 |
| Sep 20, 2015 | $0.00 | ||
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