Mobile money & phone recharge cards
Abdul Karim
Tamale, Ghana
26% repaid
Entrepreneur
Name
Abdul Karim
Member since
November 2016
On-time repayments
255 installments • 68%
About Me
My name is Mohammed Abdul-Karim.I was born in Gumbihini, a surburb of Tamale in the Northern Region of Ghana, west Africa. I belong to a poor farming family of seven of which I am the first born. Because of farming,my parents moved to settle in a farming community called Krabonso located in the Brong Ahafo Region of Ghana.This according to them,that community had abundance of fertile lands good for farming.When I was a child,I used to follow my parents to the farm to do all kinds of hard work.I was not going to school until some officers from the Regional capital (Sunyani),Ghana,came to my community to write names of those who were interested in education.My father never wanted me to go to school because of the farming but I cried ceaselessly and he registered my name.
I was enrolled in Krabonso District Assembly Primary School and continued with its Junior High School where I was made the Senior Prefect(SP).Even though I was attending school,I used to still go to the farm after closing before I would get my pocket money the next day.
Despite the fact that I went through that hard work,I still pursued my education to the next level.
We then moved back to the Northern Region of Ghana for final settlement.I continued my education as follows:
Vitting Senior High School where I offered agricultural science,then to University for Development Studies with limited specialization in environment and resource development option.During my stay in the university,things were not easy to come by as far as buying books and fees were concerned.Then, I started selling credit cards to the students and added mobile money transaction which consists of MTN mobile money,Airtel money,Tigo cash and Vodafone cash. Now Ihave a diploma in computer science through the support of zidisha loans.
In my community,we have a lot of cultural dances such as damba, baamaaya among others.Due to my hard work in my business,my first child wants to be an entrepreneur and the second one wants to be an engineer.I like reading story books and also like playing football.
My Business
The name of my business is Savannah Business Center (SBC). It is located in Tamale in the northern region of Ghana in west Africa. The center of the business is at the tamale technical university , babaga teacher training college and tamale teacher training college and new life college. The population is therefore dense there and the patronage is always high.
SBC renders the following services
1. mobile money transactions (MTN,Tigo, Vodafone and Airtel)
2.Sale of credit cards ((MTN,Tigo, Vodafone and Airtel)
3.Checking and printing of students results and workers payslips for a fee.
4.Registration and printing of Ghana National Service Personnel also for a fee.
5. Students examination online registration for a fee and DSTV and Go TV recharge for a fee.
If someone wants to withdraw or remove money from his or her mobile wallet,the person pays a commission of 1% of any amount withdrawn.This commission is charged automatically by the network providers.Depositing money into ones wallet also attracts a charge which is paid to us at the end of the month.
the registrations of the National Service is $1.06 per person per one registration.
$0.42 for checking and printing of a payslip.
$2.54 for checking and registration of exam and results.
Everyday the students ,people, workers and many others transact mobile money , print payslips ,check and register exams and results and also make calls to friends,business partners,relatives and loved ones both near and far, that makes me to earn a lot of profit and also meet customers requirements hence the need for this business.
This business helps the community members to have easy access to their
money.
The typicla cost is $3603.23
The revenue I get from this ranges from $400 to $454.18 per month.20% of the revenue is used on home improvement including paying children school fees,2% is used to support the orphanage and 50% is used to reinvest in growing the business positively and the remaining 28% would be used to repay the loan to enable me maintain my reputation in the payment for more loan to be granted to me by the zidisha lenders.
I employ a watchman who watches the shop at night against any criminal that might want to cause damage to the shop.These all become possible because of zidisha financial support in my business.I pay the security man $33.99 every month from the profit I always get from zidisha.
Loan Proposal
I am very thankful to all the lenders for giving me this opportunity for this loan application.
I will invest the loan in the following listed below with their prices in dollars:
Mobile Money: $847.82. This will be used to increase the mobile money capital already at in order to meet the high demands and satisfaction of the many customers I have.
Credit Cards: $ 423.91
A4sheets (50 rims): $105.98. for the printing . and selling to other customers.
Internet data bundle for the use of the online services:105.98
Modem(MTN and vodafone) for internet connectivity:$40.28
Uniform for an orphan fro the Tamale children home:31.79.
This will help all the people in the community to stop accessing g this services at a far distance.Therefore their cost of transportation will reduce,hence improvement in their lives. I will also make a lot of profit to meet the needs of myself and my family and those I have employed to work with me.
I expect a profit increase from $551.08 to $635.86 within a week.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,632.98
Date disbursed
Sep 5, 2018
Repayment status
Late
Projected term
42 months
Other loans
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Odense, Denmark
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Washington DC, United States
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Cayman Islands
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Netherlands
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Saudi Arabia
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Summary
Amount repaid
$428.96
Amount remaining
$1,204.97
Expected completion
Mar 7, 2022
Status
Repaying late
Installment amount
$11.95
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 17, 2018 | $46.71 | Aug 6, 2018 | $0.21 |
| Sep 17, 2018 | $46.50 | ||
| Sep 24, 2018 | $0.43 | Sep 17, 2018 | $0.43 |
| Oct 1, 2018 | $8.53 | Sep 24, 2018 | $8.53 |
| Oct 8, 2018 | $8.53 | Sep 24, 2018 | $2.13 |
| Oct 8, 2018 | $6.40 | ||
| Oct 15, 2018 | $8.53 | Oct 8, 2018 | $4.27 |
| Oct 15, 2018 | $4.27 | ||
| Oct 22, 2018 | $8.53 | Oct 15, 2018 | $4.27 |
| Oct 23, 2018 | $4.27 | ||
| Oct 29, 2018 | $8.53 | Oct 23, 2018 | $4.27 |
| Oct 29, 2018 | $4.27 | ||
| Nov 5, 2018 | $4.27 | Oct 29, 2018 | $4.27 |
| Nov 12, 2018 | $10.67 | Nov 5, 2018 | $10.67 |
| Nov 19, 2018 | $10.67 | Nov 12, 2018 | $10.67 |
| Nov 26, 2018 | $10.67 | Dec 3, 2018 | $10.67 |
| Dec 3, 2018 | $10.67 | Dec 8, 2018 | $10.67 |
| Dec 10, 2018 | $10.67 | Dec 10, 2018 | $10.67 |
| Dec 17, 2018 | $10.67 | Dec 17, 2018 | $10.67 |
| Dec 24, 2018 | $10.67 | Dec 22, 2018 | $10.67 |
| Dec 31, 2018 | $10.67 | Dec 30, 2018 | $10.67 |
| Jan 7, 2019 | $10.67 | Jan 7, 2019 | $10.67 |
| Jan 14, 2019 | $10.67 | Jan 12, 2019 | $10.67 |
| Jan 21, 2019 | $10.67 | Jan 20, 2019 | $10.67 |
| Jan 28, 2019 | $0.43 | Jan 26, 2019 | $0.43 |
| Feb 4, 2019 | $2.13 | Feb 4, 2019 | $2.13 |
| Feb 11, 2019 | $2.13 | Feb 12, 2019 | $2.13 |
| Feb 18, 2019 | $2.13 | Feb 21, 2019 | $2.13 |
| Feb 25, 2019 | $1.07 | Feb 25, 2019 | $1.07 |
| Mar 4, 2019 | $1.07 | Mar 4, 2019 | $1.07 |
| Mar 11, 2019 | $1.07 | Mar 13, 2019 | $1.07 |
| Mar 18, 2019 | $1.07 | Mar 20, 2019 | $1.07 |
| Mar 25, 2019 | $1.07 | Mar 27, 2019 | $1.07 |
| Apr 1, 2019 | $1.07 | Apr 3, 2019 | $1.07 |
| Apr 8, 2019 | $1.07 | Apr 12, 2019 | $1.07 |
| Apr 15, 2019 | $1.07 | Apr 20, 2019 | $1.07 |
| Apr 22, 2019 | $1.07 | Apr 21, 2019 | $1.07 |
| Apr 29, 2019 | $1.07 | May 3, 2019 | $1.07 |
| May 6, 2019 | $0.43 | May 10, 2019 | $0.43 |
| May 13, 2019 | $0.43 | May 10, 2019 | $0.43 |
| May 20, 2019 | $0.43 | May 24, 2019 | $0.43 |
| May 27, 2019 | $0.43 | May 31, 2019 | $0.43 |
| Jun 3, 2019 | $0.43 | May 31, 2019 | $0.43 |
| Jun 10, 2019 | $0.43 | Jun 16, 2019 | $0.43 |
| Jun 17, 2019 | $0.43 | Jun 21, 2019 | $0.43 |
| Jun 24, 2019 | $0.43 | Jul 4, 2019 | $0.43 |
| Jul 1, 2019 | $0.43 | Jul 4, 2019 | $0.43 |
| Jul 8, 2019 | $0.43 | Jul 4, 2019 | $0.43 |
| Jul 15, 2019 | $0.85 | Jul 4, 2019 | $0.85 |
| Jul 22, 2019 | $0.43 | Jul 29, 2019 | $0.43 |
| Jul 29, 2019 | $0.43 | Aug 1, 2019 | $0.43 |
| Aug 5, 2019 | $0.43 | Aug 13, 2019 | $0.43 |
| Aug 12, 2019 | $0.43 | Aug 13, 2019 | $0.43 |
| Aug 19, 2019 | $0.00 | ||
| Aug 26, 2019 | $0.00 | ||
| Sep 2, 2019 | $0.43 | Aug 30, 2019 | $0.43 |
| Sep 9, 2019 | $0.43 | Sep 17, 2019 | $0.43 |
| Sep 16, 2019 | $0.43 | Sep 17, 2019 | $0.43 |
| Sep 23, 2019 | $0.43 | Sep 30, 2019 | $0.43 |
| Sep 30, 2019 | $0.00 | ||
| Oct 7, 2019 | $0.00 | ||
| Oct 14, 2019 | $0.21 | Oct 21, 2019 | $0.21 |
| Oct 21, 2019 | $0.21 | Nov 4, 2019 | $0.21 |
| Oct 28, 2019 | $0.21 | Nov 4, 2019 | $0.21 |
| Nov 4, 2019 | $0.21 | Nov 15, 2019 | $0.21 |
| Nov 11, 2019 | $0.21 | Nov 15, 2019 | $0.21 |
| Nov 18, 2019 | $0.00 | ||
| Nov 25, 2019 | $0.21 | Nov 20, 2019 | $0.21 |
| Dec 2, 2019 | $0.21 | Dec 14, 2019 | $0.21 |
| Dec 9, 2019 | $0.21 | Dec 14, 2019 | $0.21 |
| Dec 16, 2019 | $0.21 | Dec 14, 2019 | $0.21 |
| Dec 23, 2019 | $0.00 | ||
| Dec 30, 2019 | $0.00 | ||
| Jan 6, 2020 | $0.00 | ||
| Jan 13, 2020 | $0.00 | ||
| Jan 20, 2020 | $0.21 | Jan 14, 2020 | $0.21 |
| Jan 27, 2020 | $0.21 | Feb 5, 2020 | $0.21 |
| Feb 3, 2020 | $0.21 | Feb 5, 2020 | $0.21 |
| Feb 10, 2020 | $0.21 | Feb 19, 2020 | $0.21 |
| Feb 17, 2020 | $0.21 | Feb 19, 2020 | $0.21 |
| Feb 24, 2020 | $0.21 | Feb 21, 2020 | $0.21 |
| Mar 2, 2020 | $0.21 | Mar 18, 2020 | $0.21 |
| Mar 9, 2020 | $0.21 | Mar 18, 2020 | $0.21 |
| Mar 16, 2020 | $0.21 | Mar 18, 2020 | $0.21 |
| Mar 23, 2020 | $0.21 | Mar 25, 2020 | $0.21 |
| Mar 30, 2020 | $0.00 | ||
| Apr 6, 2020 | $0.21 | Apr 10, 2020 | $0.21 |
| Apr 13, 2020 | $0.21 | Apr 23, 2020 | $0.21 |
| Apr 20, 2020 | $0.21 | Apr 23, 2020 | $0.21 |
| Apr 27, 2020 | $0.21 | May 11, 2020 | $0.21 |
| May 4, 2020 | $0.21 | May 11, 2020 | $0.21 |
| May 11, 2020 | $0.00 | ||
| May 18, 2020 | $0.21 | May 21, 2020 | $0.21 |
| May 25, 2020 | $0.21 | Jun 11, 2020 | $0.21 |
| Jun 1, 2020 | $0.21 | Jun 11, 2020 | $0.21 |
| Jun 8, 2020 | $0.21 | Jun 11, 2020 | $0.21 |
| Jun 15, 2020 | $0.00 | ||
| Jun 22, 2020 | $0.00 | ||
| Jun 29, 2020 | $0.21 | Jun 28, 2020 | $0.21 |
| Jul 6, 2020 | $0.21 | Jul 20, 2020 | $0.21 |
| Jul 13, 2020 | $0.21 | Jul 20, 2020 | $0.21 |
| Jul 20, 2020 | $0.00 | ||
| Jul 27, 2020 | $0.00 | ||
| Aug 3, 2020 | $0.00 | ||
| Aug 10, 2020 | $0.21 | Aug 12, 2020 | $0.21 |
| Aug 17, 2020 | $0.21 | Sep 1, 2020 | $0.21 |
| Aug 24, 2020 | $0.21 | Sep 1, 2020 | $0.21 |
| Aug 31, 2020 | $0.21 | Sep 1, 2020 | $0.21 |
| Sep 7, 2020 | $0.00 | ||
| Sep 14, 2020 | $0.00 | ||
| Sep 21, 2020 | $0.21 | Sep 28, 2020 | $0.21 |
| Sep 28, 2020 | $0.21 | Oct 14, 2020 | $0.21 |
| Oct 5, 2020 | $0.21 | Oct 14, 2020 | $0.21 |
| Oct 12, 2020 | $0.21 | Oct 14, 2020 | $0.21 |
| Oct 19, 2020 | $0.00 | ||
| Oct 26, 2020 | $0.00 | ||
| Nov 2, 2020 | $0.21 | Nov 20, 2020 | $0.21 |
| Nov 9, 2020 | $0.21 | Nov 20, 2020 | $0.21 |
| Nov 16, 2020 | $0.21 | Nov 20, 2020 | $0.21 |
| Nov 23, 2020 | $0.00 | ||
| Nov 30, 2020 | $0.00 | ||
| Dec 7, 2020 | $0.00 | ||
| Dec 14, 2020 | $0.00 | ||
| Dec 21, 2020 | $0.21 | Dec 16, 2020 | $0.21 |
| Dec 28, 2020 | $0.21 | Dec 30, 2020 | $0.21 |
| Jan 4, 2021 | $0.21 | Jan 19, 2021 | $0.21 |
| Jan 11, 2021 | $0.21 | Jan 19, 2021 | $0.21 |
| Jan 18, 2021 | $0.21 | Jan 19, 2021 | $0.21 |
| Jan 25, 2021 | $0.00 | ||
| Feb 1, 2021 | $0.00 | ||
| Feb 8, 2021 | $0.00 | ||
| Feb 15, 2021 | $0.00 | ||
| Feb 22, 2021 | $0.00 | ||
| Mar 1, 2021 | $11.95 | Mar 2, 2021 | $11.95 |
| Mar 8, 2021 | $11.95 | Apr 20, 2021 | $11.95 |
| Mar 15, 2021 | $9.39 | Apr 20, 2021 | $9.39 |
| Mar 22, 2021 | $0.00 | ||
| Mar 29, 2021 | $0.00 | ||
| Apr 5, 2021 | $0.00 | ||
| Apr 12, 2021 | $0.00 | ||
| Apr 19, 2021 | $11.95 | Jun 1, 2021 | $9.60 |
| Jul 10, 2021 | $2.35 | ||
| Apr 26, 2021 | $11.95 | Jul 10, 2021 | $8.32 |
| Aug 16, 2021 | $3.63 | ||
| May 3, 2021 | $11.95 | Aug 16, 2021 | $7.04 |
| Sep 21, 2021 | $4.91 | ||
| May 10, 2021 | $11.95 | Sep 21, 2021 | $5.76 |
| Oct 13, 2021 | $6.19 | ||
| May 17, 2021 | $11.95 | Oct 13, 2021 | $6.61 |
| Dec 24, 2021 | $5.33 | ||
| May 24, 2021 | $46.71 | Dec 24, 2021 | $3.20 |
| Jan 30, 2022 | $14.93 | ||
| Mar 6, 2022 | $14.93 | ||
| Apr 9, 2022 | $13.65 | ||
| May 31, 2021 | $11.95 | Apr 9, 2022 | $7.68 |
| May 5, 2022 | $4.27 | ||
| Jun 7, 2021 | $11.95 | May 5, 2022 | $11.95 |
| Jun 14, 2021 | $11.95 | May 5, 2022 | $5.12 |
| Jul 10, 2022 | $6.83 | ||
| Jun 21, 2021 | $11.95 | Jul 10, 2022 | $5.97 |
| Jun 28, 2021 | $11.95 | ||
| Jul 5, 2021 | $12.37 | ||
| Jul 12, 2021 | $12.37 | ||
| Jul 19, 2021 | $12.37 | ||
| Jul 26, 2021 | $12.37 | ||
| Aug 2, 2021 | $12.37 | ||
| Aug 9, 2021 | $12.80 | ||
| Aug 16, 2021 | $12.80 | ||
| Aug 23, 2021 | $12.80 | ||
| Aug 30, 2021 | $12.80 | ||
| Sep 6, 2021 | $12.80 | ||
| Sep 13, 2021 | $46.71 | ||
| Sep 20, 2021 | $12.80 | ||
| Sep 27, 2021 | $12.80 | ||
| Oct 4, 2021 | $12.80 | ||
| Oct 11, 2021 | $12.80 | ||
| Oct 18, 2021 | $12.80 | ||
| Oct 25, 2021 | $12.80 | ||
| Nov 1, 2021 | $12.80 | ||
| Nov 8, 2021 | $12.80 | ||
| Nov 15, 2021 | $46.71 | ||
| Nov 22, 2021 | $62.93 | ||
| Nov 29, 2021 | $62.93 | ||
| Dec 6, 2021 | $62.93 | ||
| Dec 13, 2021 | $62.93 | ||
| Dec 20, 2021 | $13.65 | ||
| Dec 27, 2021 | $13.65 | ||
| Jan 3, 2022 | $62.93 | ||
| Jan 10, 2022 | $62.93 | ||
| Jan 17, 2022 | $62.93 | ||
| Jan 24, 2022 | $62.93 | ||
| Jan 31, 2022 | $62.93 | ||
| Feb 7, 2022 | $62.93 | ||
| Feb 14, 2022 | $62.93 | ||
| Feb 21, 2022 | $62.93 | ||
| Feb 28, 2022 | $62.93 | ||
| Mar 7, 2022 | $20.05 | ||
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