Mobile money business
Abdulai Ayaaba Sumaila
Bawku, Ghana
12% paid forward
Entrepreneur
Name
Abdulai Ayaaba Sumaila
Member since
December 2016
On-time repayments
255 installments • 88%
About Me
I was born in kokooso a village in the Asonafo South District in the Brong Ahafo Region of Ghana. Because my parents was living there at that time. I attended kokooso primary and junior high school after which I had admission to attend bawku senior high school in 2007.
In secondary school I had the passion to do business. Because of the financial status of my parents, I knew it will be difficult to continue my education to tertiary after my secondary school. I started saving, small amount of money relatives givens to me as my pocket money. After my completion I was having Gh120.00 (30 dollars) which I knew I can use to start some business. I sell credit cards of all the various telecommunication networks in Ghana(M.T.N, Vodafone,Airtel, Tigo, Onetech and
Glo)
The culture of the peoples makes business good every market day business boom well. I like football and also like reading all kinds of books ringing from story books, magazines and novels in my leisure time.
My Business
I sell credit cards of all the various telecommunication networks in Ghana here and their Sim cards in bawku. The selling of these credit cards and the Sim cards are in demand because every day peoples will make calls and also browse the internet. I decided to choose this business because it does not need huge capital before one can start and more to the point the risk is minimal.
The cost involves in my business is such a way that, I have a capital of Gh450.00 that is about (113 dollars) and every market day I run short of credit cards to my customers due to the low levels of my capital. Averagely I make profit GH16.00 to Gh20. 00(4 to 5 dollars) a day and the profit is reinvented in growing the business.
Project Proposal
It has been Life changing with the help of zidisha loan. I will be greatful if leaders help fund my loan. I want to expand my mobile money business to increase my profit margin. And I know with the help of this money that aim will be achieved.
Long live Zidisha.
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Project Info
Project Type
Pay It Forward
Disbursed amount
$797.14
Date disbursed
Apr 13, 2022
Cost to entrepreneur
Service fee: $128.26
Other projects
Backers
United States
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