Loan to buy used home goods from importers

Yusuf Abubakar

Accra, Ghana

100% repaid

Entrepreneur

Name

Yusuf Abubakar

Member since

April 2020

On-time repayments

90 installments  •  67%

About Me

I am Abubakar 30 years of age.I lived in Accra completed high school in the 2000s.I worked as business man.i have married with two kids.I also engage in cashew nut farming which every year i harvest.Aside that i am much interested in snail farming too which i have started my small backyard snail farming.

I am a leader and founder of my up and coming foundation with the aim to help the most poor ones my village.I am organising and mobilising some youth in the community to come together as one to help the poor one and the orphans in the village
Every month i have a percentage of my income that is reserved for them too to feed on,and i know with the opportunity that has been given to me with the help of zidisha and it honest and trust members.I can go extra miles to become successful business man and entrepreneur.

My Business

I started business when i was very young,after my secondary school education.Most Africa countries you have to be self dependent,No one to look up especially if you are from poor family.
I started my business with a little money I have to buy and sell general goods and products.To be honest here my first encounter with my retailers help me a lot because they used to give me on credit,after i finished selling them.I pay them their money back.I started saving some money i got from selling the goods after deductions.
I have been doing this business several years now, the business has expanded and i am comfortable with how it is moving.The business has helped me into farming.
My small cashew farm,snail and rabbit farming are also doing well on business basis.I am proud to be a farmer too.

Loan Proposal

If given this loan i am going to invest the money into my business of clearing goods such as home used printers,sanders, television sets,decorders and many more to sell in my shop.
And also it will help me expand my business by putting adequate and quality goods to sell in my shop

Income Source

Government has brought the lockdown in our country (Ghana) to an end almost six months ago.Businesses is going on normal as usual without any distractions from the pandemic.

Feedback

2

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,354.63

Date disbursed

Nov 3, 2020

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $92.30

Credit risk payment: $46.09

Optional expediting fee: $92.30

Lenders

O

ola840

Malmo, Sweden

L

ldron7

Utah, United States

A

alzyee

Ohio, United States

T

Tallago3

Munich, Germany

Sundstroms

Falun, Sweden

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

S

SvenWaage

Stavanger, Norway

V

Valis

Singapore, Singapore

M

Moonknight

Østre Gausdal, Norway

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

G

GoughGirl

Washington, Dc, United States

mepster

San Francisco, Ca, United States

M

Mkaput926

United States

Grant Xavier Storer

Seattle, Wa, United States

S

Stephan

Netherlands

T

Tim

Cologne, Germany

Dave Bogard

New York, United States

PP

Pasi Paajanen

Helsinki, Finland

Craig

Memphis, TN, United States

NF

Nina Forsberg

Sweden, Greece

C

cota

United States

YM

Yelka Mikolji

United States

Carla

Amsterdam, Netherlands

AK

Anita K

Maryland, United States

Aran Dunlop

United States

I

Irene

Switzerland

Paul Smithson

Leeds, United Kingdom

P

Peter

Bratislava, Slovakia

Cliff

United States

SH

Steven Huntington

London, United Kingdom

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

Julia Trigg

United Kingdom

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

WS

Warren Shen

United States

VC

Victor Chong

United States

JF

J Fister

United States

A

Alex

United States

T

Tanvir

United States

VD

Van Duong

United States

Peter Collins

Darmstadt, Germany

Nathan

Columbus, United States

R

Roman

Germany

GF

Gammon Family

United States

M

MaggieK

United States

Black and White Zebra

Vancouver, Canada

A

Anonymous

United States

CG

Chris Greene

Birmingham, AL, United States

C

Christopher

United Kingdom

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