Business Overview

Igharo Uhunoma Godfrey was born and raised in Nigeria. He came to Greece in 1998 and started working as a roving salesman in electronics. After a few jobs, in 2015 he started up his own internet services & accessories and Western union.

Phone & Money Transfer Services - Athens, Greece

Economic Challenge

His main challenge is to increase the businesses revenue as sales have dramatically decreased due to the pandemic. The western union transactions went down 65%.

The Business

Igharo Uhunoma Godfrey was born and raised in Nigeria. After getting his degree in computer science he came to Greece in 1998 and started working as a roving salesman in electronics. In 2001 he opened up a “phone services shop / international call center” with a friend. Later on they were able to expand this business and add internet services and became a Moneygram agent. Unfortunately the government shut them down because at the time they weren’t able to provide all the legal documents for their business. 

That led Godfrey to work on anything he could get his hands on until 2015 when he started to implement his new vision for business. He used all the equipment he had gathered from the previous years and started up his own internet services & accessories and Western union. 

Competitive Advantage

Godfrey has managed to create a friendly environment in his business and treats all his customers with kindness and respect. He has become very popular in the area.

Obstacles

The main obstacle is the lack of capital in order to expand (e.g. Gaming room , including car and motorcycle insurance services).

Business Snapshot

Year of establishment
2016
Employees
1
Estimated Annual Revenue
8,000 Euro

Next Steps

The tasks thatPhone & Money Transfer Services has prioritized are:

1: Add game consoles in his free space to create a game room
2: Add insurance services for cars and motorcycles
3: Access to a capital loan

Page Last Updated:November 30, 2020