Selling prepaid mobile phone credit

Ishmael

Akwanga, Nigeria

100% repaid

Entrepreneur

Name

Ishmael

Member since

December 2018

On-time repayments

24 installments  •  25%

About Me

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

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

Loan Proposal

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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$46.00

Date disbursed

Jul 29, 2019

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

Ask Ishmael a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$46.41

Amount remaining

$0.00

Date repaid

Oct 28, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 5, 2019 $2.83 Sep 18, 2019 $2.83
Aug 12, 2019 $0.00
Aug 19, 2019 $0.00
Aug 26, 2019 $0.00
Sep 2, 2019 $0.00
Sep 9, 2019 $0.00
Sep 16, 2019 $0.00
Sep 23, 2019 $5.95 Oct 28, 2019 $5.95
Sep 30, 2019 $5.95 Oct 28, 2019 $5.95
Oct 7, 2019 $5.95 Oct 28, 2019 $5.95
Oct 14, 2019 $5.95 Oct 28, 2019 $5.95
Oct 21, 2019 $19.77 Oct 28, 2019 $19.77

Loading...