Expansion my electrical shop

Safaao

Berekum, Ghana

100% repaid

Entrepreneur

Name

Safaao

Member since

December 2014

On-time repayments

108 installments  •  77%

About Me

My name is Safaao Hinneh, I come from Berekum in the Brong Ahafo Region of Ghana. My House Number is BR/251, and my house can be located at Presbyterian Senior High School. I am second born of my parents. I started my Basic Education at ST. Augutine R/C Primary School and continued at ST. Vitus Technical Institute and persued Electrical Engineering Technology.

My Business

I opened electrical shop in the year 2012 up to date, and the business started with some small items in the Berekum Brong Ahafo, the shop is in my own plot.
This business is perfectly going on as well in my community. The amount I started with was two hundred Ghana cedis (GH¢ 200.00), I always went to a city to buy some items into my shop. And the interest I was getting from it helps me to add more into the shop. As this business going on well, it’s enabled me getting a profit from it. This electrical shop helps the peoples in my community.
But now, I need help from Zidisha to support me in order to improve my business to get more profit from it. And if I get more profit I can use it to improve my business.

Loan Proposal

As this business is patronizing, I can use the profit I am generate from it to pay this loan back, when this application granted. And when Zidisha helps me through this business more profit will raise in order to repay this loan

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Dec 17, 2014

Repayment status

On Time

Projected term

6 weeks

Lenders

H

HobbyCollector

Beach City, United States

L

Leonora

TÄBY, Sweden

mygueye

Montreal, Canada

mole333

Brooklyn, United States

A

AaltvM

Netherlands

G

gdp-finance

United States

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

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  • Safaao    Nov 10, 2016

    Please Zidisha, I have reduced my payment. But I will increase it again very soon. Thank you.

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  • Safaao    Sep 20, 2016

    Dear Lenders, I'm very happy for helping me taking my business to the different level. Please, I want to reduce my payment to purchase some materials into my shop. Thank you.

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  • Safaao    Apr 7, 2016

    Please, I want to make a reschedule. Thank you.

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  • Safaao    Dec 7, 2015

    Dear Lenders, thanks so much for helping me, my business is booming now a days. May God bless you all for helping me.

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  • Awudu    Oct 21, 2015

    Dear Safaao,

    I'm really glad that you're experiencing good benefits through your Zidisha
    loan. Your trustworthiness also is making me feel so proud, as always!

    Please, as Zidisha repayments are very important, I want to share with
    you the new process for making payments. MTN MobileMoney has
    upgraded its services, and due to that, it has changed a few things,
    including 'Transfer Money'. For security reasons, I would not be able to
    insert a Zidisha Account number for the process. Below is the new
    process for Zidisha repayment:

    1). Dial *170#
    2). Select No. '1' - which is 'Transfer Money' and press the 'Send' button.
    3). Select No. '1' again - Which is 'Mobile User' and press the 'Send' button.
    4). Select No. '2' - which is 'Merchant' and press the 'Send' button.
    5). Enter Mobile Number - which, as usual, is the Zidisha Account Number.
    6). Repeat Mobile Number
    7). Enter Amount
    8). Enter Reference (e.g., your first name, or any number you want)
    9). It will show you, "Confirm payment to ASSOCIATION OF AFRICAN
    ENTERPRENEURS - (054*******) for GHS *** with Reference ***. Enter MM PIN",
    and send.

    Previously, 'Till Number' was needed, but that has been removed after
    the upgrade. Also, it shows you the registered name of the SIM.

    Thank you.


    Awudu Yahaya
    Volunteer Mentor

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  • Safaao    Sep 7, 2015

    Dear Lenders, thanks so much for supporting me to expand my business. Please, I want to reduce my installment amount. The sellings are not going through this month, but I will resume as my normal installment soon. Thanks.

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  • Safaao    Jul 27, 2015

    Dear Lenders, thank you so much for the loan I received from you. May God bless you all.

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  • Safaao    Jul 23, 2015

    Thank you dear Lenders. My loan is funded, may God bless you all

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  • Safaao    Jul 13, 2015

    Thanks my dear Lenders for supporting me, my business is now improving. thank you.

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  • Awudu    May 2, 2015

    Hello Safaao,

    Thank you for being a borrower on the first peer-to-peer micro-lending platform, building direct connections between borrowers and lenders across the globe (Zidisha).

    I am very grateful to have the pleasure of being a part of this organization (Zidisha).

    I hope you and your families are enjoying the loan you received from this noble service (Zidisha). It is my belief that your business probably is growing well. You didn’t go for a bank loan, which could have required paying back more in interest than the capital amount. Instead, you chose to receive an affordable loan from Zidisha to help your business grow. And, today, just look at how your business probably is running better than you expected. This is so amazing!

    This platform also is here to help you to expand your business, and to help you not worry much about business collapse. Our dear Lenders extend their generosity and express their desire not just for your business to succeed, but also for you to enjoy your life. Some borrowers and lenders even become real friends on this platform. :)

    I would be very grateful if you would continue to make payments according to your repayment schedule. Lenders on Zidisha contribute to you from the bottom of their heart, and truly want to help you to overcome your challenges. Please, the fund that our Lenders use to lend to you is the same fund that they use to lend other borrowers. So, if you don't repay the loans they extend to you, then they cannot extend future loans to others. This is the way it works.

    One person has reaped a large harvest, but today we all are sharing in it. Who is that person? That person is our beloved founder (Julia Kurnia). May the Lord Almighty bless her (Julia) and give her more knowledge and a long life. May the Lord Almighty also bless all of our Lenders, always.

    Thank you for being a part of and enjoying this noble platform, Zidisha.

    Awudu Yahaya
    Volunteer Mentor

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    • Safaao    May 11, 2015

      Thank you for your advice. We will surely keep on make repayment as the repayment schedule.

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  • Safaao    Apr 1, 2015

    Dear Lenders, I have receive my loan and thank you very much.

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  • Safaao    Mar 17, 2015

    Thanks to all my Lenders, my loan helps me a lot, I added some electrical items in my shop. Please, I am here once again for another loan, kindly come and support me again. Thank you.

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  • Awudu    Feb 17, 2015

    Dear Safaao,

    I really appreciate your on-time repayment rate of 100%, and I would like to take this opportunity to thank you and motivate you to keep on. Please, let’s all make our repayment according to our Repayment Schedule. If we continue to make repayment accordingly, our dear Zidisha and Lenders will never hesitate to support us to fulfill our dream. Also, dear Zidisha and Lenders are ready to help us to grow our business but if we delay our repayment, Lenders cannot help us or someone else. Please, just imagine that, there’s nowhere to get this affordable loan. Even bank loan interest or deduction is very high that we can’t go for it. Thank you once again and have a nice day.


    Awudu Yahaya
    Volunteer Mentor (VM)

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  • Safaao    Feb 16, 2015

    Now I am able to add more materials for my shop including, Lamps holders, switch, conduit and surface wire, M.K box and etc. Thank you all.

    Many thanks also to Awudu Yahaya, he introduce and invited me to Zidisha, aside that, he really have time for me also and assists me anytime I need help. Thank you bro.

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  • Safaao    Jan 29, 2015

    Thank you very much dear Lenders, I am fully funded. God bless you.

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  • Safaao    Jan 28, 2015

    Dear Lenders, I am here for another loan, and I hope you will help as my first loan. Thank you.

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  • Safaao    Jan 20, 2015

    Hi Lenders, my business is now improving by your supports. Thank you.

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  • Safaao    Dec 16, 2014

    Thanks for your support.

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