Buying and selling of satellite equipment

Entrepreneur

About Me

My name is Nuhu Mamudu and I attended my primary school at Gingade Middle School in Bawku in the Upper East Region of Ghana.

I completed middle school which was form four in 1981. I then decided to drive a commercial vehicle.

Then in the year 2000, I start a business of buying and selling and with that am able to overcome some challenges.

The uniqueness of my culture is that most of our people are farming and also producing of charcoal

My children have a plan of getting to the highest level of education to attain success in life.

I watch Television and also do a lot of exercise.

My Business

I provide Satellite Equipment such as KU dishes, Decoders, Remote control etc.

These equipment are used for tracking signals for satellite T.V channels.

A friend introduced me into this business and i enjoyed using the satellite so I decided to buy some and sell.

My cost for purchasing these equipment is abut GHS 3000 and my revenue also rises base on the size of the market.

Some of the profit is reinvested into the business which will enable the business to grow and also enable me pay my wards school fees with ease.

Loan Proposal

As I stated earlier in my loan proposal. I will add the money to my capital to order inventories such as KU dish the price which cost ranges around 5 to 50 dollars, LMBF cost ranges around 5 to 50/dollars, remote control 2 to 10 dollars and decoder 20 to 60 dollars.
This is going to help me increase the number of my inventory and therefore increase my revenue and profit for that matter. It will as well help increase my profit just a little but appreciable.
Thank you.

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