Purchasing and selling of satellite accessories
Mamudu
Kumasi, Ghana
100% repaid
Entrepreneur
Name
Mamudu
Member since
September 2018
On-time repayments
15 installments • 87%
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
I am into buying and selling of satellite and its accessories. To be specific, I buy and sell KU/LMBF, C band LMBF, satellite dishes all sizes, decoders and remote control. Below are selling prices of satellite accessories. It us in range base on sizes and brand.
-KU/LMBF 2 -200 dollars,
-C band- LMBF 10 - 100 dollars
-Satellite dishes 25-200 dollars
-Remote control 2-5 dollars.
When I receive this loan, it will aid me buy at least a satellite dish which will make me increase my profit. Hopefully as time goes on and when my credit limit increases, I will surely make more profit. This will go a long help become financially independent and reliant.
Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$55.00
Date disbursed
Oct 22, 2018
Repayment status
On Time
Projected term
1 week
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