Ishmael
Akwanga, Nigeria
100% repaid
Name
Ishmael
Member since
December 2018
On-time repayments
24 installments • 25%
My name is Sallau Yaroson. I'm a chemistry teacher and also owned a recharge card shop. I teach in a private school from 8am-3pm Monday to Friday. After closing from work, I usually go to my shop to check my sales girl and see how I can move the business forward. Most of the time, our challenge is limited funds to print enough recharge cards because demand is high. I strongly believe that with Zidisha I will be able to grow my capital and re -invest my profit. I also believe that I will soon open another branch and employ addition person.
My business of selling recharge card started from April this year 2019. I initially started by selling recharge card to customers but I later discovered that I can print my own recharge card and sell which gives me more profit per time. My major challenge is capital which I believe will soon be over as zidisha seem to be a good platform where I can borrow and invest in my business. I'm currently looking for more funds to invest and even open another branch
I buy recharge card pins from mobile operators of mtn, glo, airtel and etisalat, print the pins and sell to customers. My profit from each hundred Naira card is between 3 to 7 naira depending on the network. But because my business is within the market premises, I make a lot of sells in a day. Some days demand use to be higher that my supply because of low capital. I want to thank zidisha for improving my life. In the next couple of months I hope to have a branch of my shop and also employ one more person.
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$46.00
Date disbursed
Jul 29, 2019
Repayment status
On Time
Projected term
2 months
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