Name
Rabiou
Member since
April 2013
On-time repayments
32 installments • 94%
I was born in Malbaza region of Tahoua, but I grew up in Dogondoutchi, region of Dosso where I attended primary and secondary school between 1984 and 1997. I took interest in business when I entered university in 1999 and since then I have been looking for ways to develop a huge business enterprise. The vision is to provide jobs to young people and reduce the prevalence of poverty, but also, to influence them for positive change and development. I had an early experience of youth work in the church where I was youth leader. In 2011 I started my work with YMCA to make difference in the lives of young people by empowering them. I am single and live in Boukoki II neighborhood in Niamey.
Beside my work, I run a business of animal rearing, which I started after following a business training by DBSP. Having a salary paid work is not all the time a guaranty of family life without financial problems especially in Niger. The business training contributed a lot to uncover my abilities and create self-confidence, trust, and the desire to be independent. Since I am not okay with my salary, doing business activities will be very helpful for me to cover my needs. I bought female sheep that I entrusted to my friend in the village. There is better facility to carry out the business and find labor in the village areas. But the difficulties include slow productivity and long term profit from outputs. Hence, my idea of starting this new business on cosmetics especially perfumes. The profit from this second business will provide additional investment to the first one in terms of enough animal feeding and vitamins. The success story of my businesses will definitely be a testimony to all young people to know that we can earn income and provide for our needs without asking help from others.
Translate My Loan Proposal
My first loan from Zidisha has contributed a lot in the growth of my animal rearing business. I am grateful to Zidisha and to all lenders who have contributed in the success of my business through the first loan.
As my sheep keep growing in number, I wish to come for a second loan which again will allow me to buy vitamins, grass and animal feed to keep them well fed and in good health. I intend to set up a good enclosure to protect the animals from heat and rain during the approaching rainy season.
I pray God to keep blessing the Zidisha community as they continue the good work that helps the poor and most vulnerable to get out of poverty and improve their living conditions.
I will use the loan to buy ten (10) bottles of perfume at 5000 FCFA each and resell at 8000 FCFA each. This amount will yield a profit that will be useful in supporting my other animal rearing business and also for loan repayment on a monthly basis. The good management of the business will lead to its growth and expansion and can create a framework for youth employment and poverty reduction and to go in the direction of strengthening the capacity of young people to be the basis for the creation of wealth in their communities.
I was born in Malbaza region of Tahoua, but I grew up in Dogondoutchi, region of Dosso where I attended primary and secondary school between 1984 and 1997. I took interest in business when I entered university in 1999 and since then I have been looking for ways to develop a huge business enterprise. The vision is to provide jobs to young people and reduce the prevalence of poverty, but also, to influence them for positive change and development. I had an early experience of youth work in the church where I was youth leader. In 2011 I started my work with YMCA to make difference in the lives of young people by empowering them. I am single and live in Boukoki II neighborhood in Niamey.
Beside my work, I run a business of animal rearing, which I started after following a business training by DBSP. Having a salary paid work is not all the time a guaranty of family life without financial problems especially in Niger. The business training contributed a lot to uncover my abilities and create self-confidence, trust, and the desire to be independent. Since I am not okay with my salary, doing business activities will be very helpful for me to cover my needs. I bought female sheep that I entrusted to my friend in the village. There is better facility to carry out the business and find labor in the village areas. But the difficulties include slow productivity and long term profit from outputs. Hence, my idea of starting this new business on cosmetics especially perfumes. The profit from this second business will provide additional investment to the first one in terms of enough animal feeding and vitamins. The success story of my businesses will definitely be a testimony to all young people to know that we can earn income and provide for our needs without asking help from others.
I will use the loan to buy ten (10) bottles of perfume at 5000 FCFA each and resell at 8000 FCFA each. This amount will yield a profit that will be useful in supporting my other animal rearing business and also for loan repayment on a monthly basis. The good management of the business will lead to its growth and expansion and can create a framework for youth employment and poverty reduction and to go in the direction of strengthening the capacity of young people to be the basis for the creation of wealth in their communities.
Positive
7
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$98.00
Date disbursed
Jun 7, 2013
Repayment status
On Time
Projected term
11 months
Other loans
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Amount repaid
$105.69
Amount remaining
$0.00
Date repaid
Feb 23, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 5, 2013 | $9.60 | Aug 5, 2013 | $9.60 |
Sep 5, 2013 | $9.60 | Aug 5, 2013 | $9.60 |
Oct 5, 2013 | $9.60 | Aug 5, 2013 | $9.60 |
Nov 4, 2013 | $9.60 | Sep 3, 2013 | $9.60 |
Dec 4, 2013 | $9.60 | Sep 3, 2013 | $9.60 |
Jan 4, 2014 | $9.60 | Sep 3, 2013 | $9.60 |
Feb 4, 2014 | $9.60 | Oct 4, 2013 | $9.60 |
Mar 4, 2014 | $9.60 | Oct 4, 2013 | $9.60 |
Apr 5, 2014 | $9.60 | Oct 4, 2013 | $9.60 |
May 5, 2014 | $9.60 | Oct 4, 2013 | $0.01 |
Feb 23, 2014 | $9.59 | ||
Jun 5, 2014 | $9.60 | Feb 23, 2014 | $9.60 |
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