Expansion of mobile money business

Baba

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Baba

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.