Selling imported goods

Yusuf

Accra, Ghana

100% repaid

Entrepreneur

Name

Yusuf

Member since

April 2020

On-time repayments

90 installments  •  67%

About Me

I am Abubakar 30 years of age.I lived in Accra completed high school in the 2000s.I worked as business man.i have married with two kids.I also engage in cashew nut farming which every year i harvest.Aside that i am much interested in snail farming too which i have started my small backyard snail farming.

I am a leader and founder of my up and coming foundation with the aim to help the most poor ones my village.I am organising and mobilising some youth in the community to come together as one to help the poor one and the orphans in the village
Every month i have a percentage of my income that is reserved for them too to feed on,and i know with the opportunity that has been given to me with the help of zidisha and it honest and trust members.I can go extra miles to become successful business man and entrepreneur.

My Business

I started business when i was very young,after my secondary school education.Most Africa countries you have to be self dependent,No one to look up especially if you are from poor family.
I started my business with a little money I have to buy and sell general goods and products.To be honest here my first encounter with my retailers help me a lot because they used to give me on credit,after i finished selling them.I pay them their money back.I started saving some money i got from selling the goods after deductions.
I have been doing this business several years now, the business has expanded and i am comfortable with how it is moving.The business has helped me into farming.
My small cashew farm,snail and rabbit farming are also doing well on business basis.I am proud to be a farmer too.

Loan Proposal

The purpose of this loan I am requesting is to help me have my goods from importers.With the loan I can able to buy a lot of goods from imported and sell them in my retail shop.

Income Source

Ghana was partially lockdown last three weeks,but now the government has lifted the lockdown and everyone is doing his business as usual.Even if there would be lockdown my areas of business would not be affected.
I am doing business right from day one my customers are coming in all the time.
Some customers too owe me which I go round and collect their money every week.I can use those money I have been collecting to settle my debts at zidisha or I can settle it from my profits I make weekly.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$102.00

Date disbursed

Apr 26, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

S

SheilaB

Nashville, United States

John Minges

United States

Theo

Zürich, Switzerland

R

Ray

Australia

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