Distributing mobile phones and phone credit

Ayoola

Ibadan, Nigeria

16% repaid

Entrepreneur

Name

Ayoola

Member since

August 2019

On-time repayments

21 installments  •  19%

About Me

I am a down to earth able bodied and agile young man passionate about my business. I am also a goal getter and very focused person. I have been doing business right from my university days so i have a very strong business acumen.

My Business

I run a franchise for globacom limited a nigerian telecommunication outfit known as glozone.we are a customer care and retail sales outlet for globacom limited. We specialize in sim activation, sim swap E-topup, Data,mobile number portability ,sales of phones and credit recharge cards sim registration and general customer service for which we are paid monthly incentives apart from the daily profit we make in and outside the sales outlet on sales of credit recharge cards, modems, phones, prepaid Sims, data sims and sim replacement.

Loan Proposal

Now that my loan credit limit has increased i will now use the money to embark on buying more stocks and do some advertisement around my business location to attract more customers to subscribe to the globacom network there by increasing my overall profit

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Aug 27, 2019

Repayment status

Late

Projected term

4 months

Lenders

John Minges

United States

Ren

Minneapolis/StPaul, United States

HH

Helen Horseman

United Kingdom

E

Euge

Argentina

Sayuri

United Kingdom

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  • Ayoola    Dec 8, 2019

    I got into an issue beyond my control and i am trying to bounce back after resolving the issue.

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  • Ayoola    Sep 2, 2019

    Hello i have been able to purchase 2 boxes of classic new Sim kits at our stock purchase point totalling 10000 naira and currently i am making sales at our outlet in apata ibadan Nigeria. Thanks for all the support i have gotten so far.

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  • Ayoola    Aug 27, 2019

    Hello i just got disbursed, will use the funds to purchase the stock up some sim cards today as earlier stated. There should be some improvement and progress in a couple of days. Thanks to all the lenders and zidisha network for your kind gesture and support. God bless

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  • Ayoola    Aug 26, 2019

    I would use the funds i just got to buy 2 boxes of classic sim cards at 5000 naira per box, each box contains 100 pieces of sims at 50naira per piece totalling 10000 naira and sell at the recommended telecommunication accepted price of 100naira per sim totalling totalling 20000naira. This should be completed in about 1 or 2weeks from the day i stock up. On this i will be making and upfront profit of 10000 and some back end incentives on a monthly basis from globacom telecoms. I would like to specially thank chatal, John minges, melkmom, kit Helen horseman, Euge and Express target for the kind gesture. Thank you so much.

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  • Ayoola    Aug 19, 2019

    I have been able to purchase additional sims and credit recharge cards for activation of new subscribers on the globacom network and i have successfully paid by my last loan as at today 19th August 2019. Thanks paul

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  • Ayoola    Aug 18, 2019

    I just recieved 1764naira from zidisha to further increase my stock for my business franchise. Hoping to take up a higher loan once i repay this one in a timely manner. Thank zidisha

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  • Ayoola    Aug 18, 2019

    I have successfully paid my first loan of 1050 naira, used it in buying some sims for avtivation of new subscribers and taken up second and higher loan, this will positively impact my business and grow it to enviable heights in the near future. Thanks paul

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