Buy recharge card pins for my business

Ishmael

Akwanga, Nigeria

100% repaid

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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 will use it to buy recharge pins for mtn, glo, airtel and etisalat. I will be able to increase my sales from 20000 naira weekly to 30000 naira weekly. I also intend that if my sales increase from 20000 to 50000 I will be able to open another shop and employ another person more. I hope that zidisha will help me with this vision to meet my target of financial freedom and being able to provide job for other people

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Jul 26, 2019

Repayment status

On Time

Projected term

1 week

Other loans

Jul 2019:  $2

Jul 2019:  $5

Jul 2019:  $46

Jul 2024:  $39

Oct 2024:  $22

Lenders

Paul Buchheit

Mountain View, United States

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  • Ishmael    Oct 10, 2024

    Thank you for the funding. I will buy more recharge card pins which will help to boost my business sells. Thank you and God bless

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  • Ishmael    Sep 28, 2024

    My last facility has really boosted my business of selling charcoal. In fact the demand was higher than my supply because of limited capital. I hope this will enhance my supplies.

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  • Ishmael    Sep 14, 2024

    Inability to realize profit from the business I borrowed the money to engage in due to recent hike in the price of petrol in Nigeria. I hope to complete the payment as soon as my other source of investments yield significant profit

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  • Ishmael    Jul 22, 2024

    I will buy recharge card pins. This will boost my card supply. At least I can now print 100 units so 150 pieces which will increase my sales. I hope to watch my business grow faster.
    Thank you so much

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  • Ishmael    Oct 28, 2019

    I thank my lenders for understanding with me during the period of my last loan. In the midst of last two months my wife put to birth and we lost the baby which really affected my business. But I thank God that I'm able to recover from the situation and bounce back to business. I hope this offer will boast my business to the next level

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  • Michael    Oct 21, 2019

    He said he will pay soon.

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  • Ishmael    Sep 18, 2019

    I didn't use my 3rd loan for the business I applied for due to illness

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  • Ishmael    Sep 18, 2019

    I received 11,464. I didn't use the money for my business actually because of an unseen incidence that happen to me.
    Thanks for the loan offer

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  • Michael    Sep 17, 2019

    I just called mentee through his wife's phone and he promised to make a payment tomorrow (18/9/2019) and thereafter use the "adjust installment amount" option.

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  • Michael    Aug 16, 2019

    He said he had issues with his bank card but would pick up another one by next week that would enable him pay up his loan.

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  • Ishmael    Jul 29, 2019

    I've received #11,464. I just bought my recharge card pins.
    Thanks so much to my funder.

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  • Ishmael    Jul 29, 2019

    I buy network pins for my recharge card business. My sales will also increase so as to meet demand. I hope to re-invest my profit to enhance my capital also. Thanks so much to my funders

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  • Ishmael    Jul 28, 2019

    I appreciate this platform for the privilege to get loan to fund my business. I hope that my weekly profit will soon increase and I will be able to get a new shop. Thanks to everyone behind making this successful

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  • Ishmael    Jul 27, 2019

    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 Nair's 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.

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  • Ishmael    Jul 26, 2019

    I will buy recharge pins for mtn, glo, airtel and etisalat

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  • Ishmael    Jul 26, 2019

    I was able to subscribe for data for my recharge card printing

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  • Ishmael    Jul 24, 2019

    N788.
    I bought data for my phone subscription

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