For purchase of bulk data

Abiola-johnson

Ilorin, Nigeria

100% repaid

Entrepreneur

Name

Abiola-johnson

Member since

July 2020

On-time repayments

9 installments  •  67%

About Me

A banker cum Business woman dealing with the selling of recharge cards from many network services providers.

My Business

Dealing with selling bulk recharge cards, whole sales and retails, My sales is frequents because i deals with many customers across board ( Wholesalers and Retailers) My shops also sells Data in Bulks for end Users and resellers.

Loan Proposal

This request is needed to purchase Bulk Data from Telecoms company and resell to end users and consumers. The request for Data is far increasing everyday due to pandemic, it makes people do alot of transaction remotely which thereby increasing the demand of Data.

Income Source

My business is very lucrative at this time of pandemic, the demand for Data and airtime is high, since most things people are doing is base on remote virtual approach, so with the order from government, to limit gathering, people are demanding more for airtimes and data to reach there love ones and to be online. so my business did not affected by pandemic at all, infact its affect my business positively.

Feedback

None

None

1

  • Erik G    Dec 11, 2020

    Unfortunately the loan repayments were not made and despite reaching out many times over a few months to understand the challenges Abiola-Johnson never responded. Sadly it is this default and probably even more the lack of communication around the reasons for the defaults that pushes up the cost of the loans to all the borrowers on the Zidisha platform & community.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$113.00

Date disbursed

Aug 7, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

Cloudways

Malta, Malta

mikeice

Kohler, United States

G

GoughGirl

Washington, Dc, United States

mepster

San Francisco, Ca, United States

Mun

Orlando, FL, United States

M

mbarbier

United States

Dave Bogard

New York, United States

ME

Manaal Eisa

Washington DC, United States

LH

Lisa Heinze

Milwaukee, Wisconsin, United States

Taylor

Memphis, United States

NH

Nancy Hull

United States

Paul Buchheit

Mountain View, United States

Carrie

Arlington, MA, United States

LM

Lee Montecucco

Washington State, United States

EA

Eric Ayers

Atlanta, United States

ND

Nick DiCesare

Denver, CO, United States

Peter Collins

Darmstadt, Germany

Dao Nguyen

austin, United States

AB

Alexander Bendzko

Ingolstadt, Germany

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  • Hassan    Feb 15, 2021

    She promised to pay back soon

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  • Kolawole    Jan 3, 2021

    After several advice and pleas ,I advise to follow the right path of gradual repayment

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  • Kolawole    Dec 1, 2020

    She just pleaded without valid reason.

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  • Erik G    Nov 20, 2020

    AJ - you seem to have a professional approach to your business. Remember that your defaulting on the loan pushes up the costs to all other borrowers on Zidisha. Erik

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  • Erik G    Nov 8, 2020

    Thanks Kolawole.

    AJ - hope everything is OK. Sorry you don't feel you want to communicate directly with your lenders. I know it was not your intention to disappoint, as you wrote below. Do you have a plan to pay back the loan? Otherwise we have to cancel it which will obviously effect the confidence in you for future loans. Best, Erik

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  • Kolawole    Oct 29, 2020

    I called her,I reminded her that she promised me that she would pay tomorrow but am yet to see her make the repayment, she told me she was having some difficulty but she would try her best.

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  • Erik G    Oct 13, 2020

    Hello AJ - how are things? Looks like you are struggling to make the payment schedule. Any problems? I do hope you manage to do it and keep the confidence you had been building up with the Zidisha lenders... Sounded like you had a good plan re buy bulk and resell within a week? Do keep us updated. Thank you Erik

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  • Kolawole    Sep 29, 2020

    Have called her and she tomorrow to pay as soon as possible

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  • Abiola-johnson    Sep 2, 2020

    This loan come at an accurate time, I will use this loan now for card bulk purchase which am sure of making 200prrcent turnover in a week. Thanks to my lender I won't disappoint

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  • Erik G    Sep 1, 2020

    Sounds like you have a solid plan for your business project and commitment to pay back the loan AJ. All the best.

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    • Abiola-johnson    Sep 1, 2020

      Yes i do, i usually set aside loan from zidisha on a certain volume of cards which enable me to calculate the profit and turnover i make from the loan.

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  • Abiola-johnson    Sep 1, 2020

    THE DEMAND FOR AIRTIME NOW IS QUITE INCREASING AND OTHER WAYS TO MEET UP IS TO STICK TO LOAN FROM ZIDISHA WHICH IS WHAT IS MAKING MY BUSINESS GROWING

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  • Abiola-johnson    Aug 31, 2020

    The present situation of pandemic was the best opportunity to grow business with a reliable loan from the zidisha organization, I used most funds for bulk card which yielded a rapid turnover, though the profit rate might be minor, but the rate of turnover is 300% which are very reliable.

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  • Abiola-johnson    Aug 28, 2020

    The past loan was used to restock my bulk cards, which enable me to have a rapid turnover of about 20%, the money was very accurate for the time i needed it, now that the demand is high, i wanted to have more option for loan.

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  • Abiola-johnson    Aug 7, 2020

    This was a very interesting avenue to boost business, this loan was granted, and it will be used to boost my sales of airtime and bulk cards sales.

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  • Abiola-johnson    Aug 6, 2020

    A good avenue to improve once business and gain more access to fund small scale business.

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  • Abiola-johnson    Jul 28, 2020

    This is a good platform ever to boost a business, this loan will be used for bulk purchase of cards to be sold to wholesalers retailers and consumer directs.

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