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BusinessI used proceeds from selling my family's TV to start my business...

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I used proceeds from selling my family’s TV to start my business – CEO of Quick Credit

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The founder of Bills Micro-Credit, formerly known as Quick Credit, Richard Nii-Armah Quaye, has shared the modest beginnings of his entrepreneurial journey.

He revealed that he initiated his company by selling his family’s television set.

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Returning to Ghana after years abroad, Mr. Quaye found himself perceived as affluent by his community members, who frequently sought financial aid from him.

Despite lacking significant funds upon his return, Quaye seized the opportunity to establish himself as a loan provider in his locality.

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Starting on a small scale, he extended loans to community members for various needs such as school fees and medical expenses.

To secure capital for his venture, Quaye made the tough choice of selling off family belongings, including their television and freezers. The proceeds from these sales served as the initial investment for his business.

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As his enterprise grew, it transformed into Quick Credit and Micro Investments, expanding its clientele and offering a broader array of financial services.

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