Expansion of mobile money business

Baba Abdulai

Berekum, Ghana

100% repaid

Entrepreneur

Name

Baba Abdulai

Member since

December 2014

On-time repayments

274 installments  •  18%

About Me

My name is Baba Abdulai and I come from Berekum in the Brong Ahafo Region of Ghana of HNo. Df/210. My house is located at Drobo road near the filling station. I am the first born of my parents. I started my basic education at Berekum Senase R/C Primary School and continued at Yamfo Secondary School (YAMSEC). I pursued my SSSCE Certificate.

My Business

I started my own Mobile Money Business in the year 2011 opposite Barclays Bank Berekum. Due to the fact that there were no Mobile Money businesses in that community, I started with just MTN mobile money, not the business is highly patronizing, so I added Tigo Cash and Airtel Money including MTN mobile money.
I started this business with a seed capital of five hundred Ghana Cedis (GH¢ 500.00) and went in for a bank loan of one thousand Ghana Cedis (GH¢1,000.00) as initial capital. Now I have completed my repayment of the loan including the interest. Since I heard about Zidisha, I had decided I didn't want to go to a bank for a loan again. So now I need some support from Zidisha to expand this business. Your support is much appreciated.

Loan Proposal

When I received this loan, I will use it to work and earn from it in order to continue to serve my customers everyday. Also the profit I will generate from it will help me to increase my daily profit. The business is going well and it's steady and stable, so I will definitely be able to pay this loan and I can use the profit I generate from this business because the business is a profitable one. I promise to abide by the rules and regulations that govern Zidisha. Your support is much appreciated. Thank you.

Show original English  

About Me

My name is Baba Abdulai, I come from Berekum in the Brong Ahafo Region of Ghana of HNo. DF/210, and my house can be located at Drobo road near filling station. I am first born of my parents. I started my Basic Education at Berekum Senase R/C Primary School and continued at Yamfo Secondary School (YAMSEC). I persued SSSCE Certificate.

My Business

I started my own Mobile Money business in the year 2011 opposite Barclays Bank Berekum. Because, there was no any Mobile Money in that community, so I started with just MTN mobile money, now the business is highly patronizing, so I added Tigo Cash, and Airtel Money including MTN mobile money.
I started of this business of a seed capital of five hundred Ghana Cedis (GH¢ 500.00) and went in for a bank of loan one thousand Ghana Cedis (GH¢ 1,000.00) as initial capital. Now I have completed paying the loan including their interest. Since I heard this Zidisha, I don’t want to go in for any bank loan again. So now I need a support from Zidisha to expand this business. I always busy because of my good work and also receive new customers every day and night.

REPAYMENT
Now my business is going on as well, so I will be able to pay this loan or I can use my profit I generate from this business because the business is profitable. I promise to abide by the rules and regulations govern Zidisha.

Loan Proposal

When I received this loan, I will use it to work and earn from it in order to continue to serve my customers everyday. Also the profit I will generate from it will help me to increase my daily profit. The business is going well and it's steady and stable, so I will definitely be able to pay this loan and I can use the profit I generate from this business because the business is a profitable one. I promise to abide by the rules and regulations that govern Zidisha. Your support is much appreciated. Thank you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$412.67

Date disbursed

Jan 28, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Lender interest: $412.67 at 6.50% annual rate over 3 months = $7.52

Service fee: $2.28

Lenders

C

CWS

Huntington beach, ca, United States

H

Hilke

Bremen, Germany

HI

Highly Improbable

Saskatoon, Canada

J

johan

Oslo, Norway

P

Peter

München, Germany

torelizer

Reggio Emilia, Italy

P

Philippe

Adliswil, Switzerland

BelleStarr

Albuquerque, United States

L

lmuenchen

Munich, Germany

C

ColinPlatt

Montgomery Village, United States

I

ideerge

Mountain View, United States

EHTHighSchool

Egg Harbor Township, United States

Straetman

Kaarst, Germany

ErikN

Stockholm, Sweden

J

jozua

Delft, Netherlands

G

gt2016c

Birchgrove, Australia

H

Hynek

Brussels, Belgium

ZlataRoy

Cheltenham, United Kingdom

Zidisha

Sterling, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

RockinRobin

Centennial CO, United States

MichaelR

Los Angeles, United States

C

CheesemanDan

Shanghai, China

Krtecek

Balzers, Liechtenstein

Crestwood

Hamburg, Germany

P

proby24

Singapore, Singapore

T

tmsaddress

Orlando, Florida, United States

cattlebaron

Pierre, SD, United States

ProfStick

Grassy Head, Australia

pbosakov

Sofia, Bulgaria

J

jimmydjjr

Gautier, United States

dajawein

Gladstone, Australia

andreasol

Bielefeld, Germany

Susansfund

Colorado Springs, United States

G

glomardor

Leonardtown, United States

M

markusfitza

College Station, United States

A

Austrian

Graz, Austria

E

EnhanceLife

Heber City, United States

Matthew

New York, NY, United States

S

samuk

Nottingham, United Kingdom

danielytao

Boston, United States

K

Katehar

Maple Valley, WA, United States

J

jwharding

Hamburg, Germany

J

janharg

Garland, Tx, United States

Ric

San Joaquin, Philippines

fairspirit

Utrecht, Netherlands

Zal0m0n

Atlantis!!!! x), Mauritania

dmirpuri

Bangkok, Thailand

Evan Lamos

Brussels, Belgium

Justin

Connecticut, United States

Paul Buchheit

Mountain View, United States

B

BigRosie

United States

KM

Kirsty M

United Kingdom

T

TZ

Singapore, Singapore

Robert

Sweden

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