To purchase inventory for my mobile phone repairing shop

Abdul

Ashaiman, Ghana

100% repaid

Entrepreneur

Name

Abdul

Member since

July 2015

On-time repayments

26 installments  •  73%

About Me

My childhood education begun in Ashaiman No1 junior high school, ending at Tema senior high school where i graduated. i could not further due to financial problems with my parents, and i decided to learn a trade which led me to a Mobile phone Soft and Hardware training which i did for 2years. I then started working on my own as a Mobile Phone Technician since April 2013. My locality is densely populated and the people here fancy mobile phones so much. Ghana is said to be using the most surfiscated phones worldwide and my locality contributes largely to this statistics. Mobile phone business is very lucrative here. Therefor with financial assistance (FUNDING) from your organization i will be able to expand my business to enable me afford for my wards who wants to become a lawyer and footballer in future school fees, though when i was growing up i always dream't of becoming a Phsycologist. i promise to abide by the rules and regulation of your kind organization if am funded and thank you.

My Business

My business entails Mobile phone repairs, Decoding, and Unlocking, Flashing etc. I also retail with phone parts such as; Batteries, Chargers, Housings, Screens etc. My minimum income per day is between 40GHS to 80GHS. Sometimes am able to make up to150GHS a day.Therefore if my project becomes appealing to you and am funded, i will increase inventory and materials in my shop. This will prevent my frequent travel from my locality to the city for inventory and thus degrees frequent transport charges and also save enough time to work and make more profit. With more profits i will be able to help the needy by training the youth to learn this trade and also be able to afford for my wards school fees.

Loan Proposal

my first loan as a beginner, i will add to the capital i have in hand and use in purchasing more goods such as Phone battery, Chargers, Housings, Hands free, Covers etc for retailing and also buy some materials i need badly to work with, eg soldering iron, lead soldering past. I will also get my a new pair of tools which is less expensive to make working easier and faster than usual.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Aug 8, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

J

Juan

Netherlands

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  • Isaac    Aug 30, 2016

    Hello dear lenders, im still unable to reach Mr Abdul by phone. I'll keep trying. Thank you.

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  • Isaac    Jun 2, 2016

    Hello Mr Adbul, please let us know how things are going so far. Thank you.

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  • Abdul    Feb 27, 2016

    This is as result of my seriously ill parent I travelled with for treatment leading to closure of my shop for 3weeks . My 65year old dad, fell and got paralyzed and i have to take him far to the northern part of Gh where he can be taken good care off . Thank God he is getting well and am back with business on its peak. Hope to raise my installment to catch up with my repayment schedule soon. Thank you my lenders and the whole Zidisha team, God bless you all .

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  • Abdul    Jan 16, 2016

    Dear lenders, thanks a bunch for once again given me another opportunity to expand my business. With this loan i have been able to increase about 20 percent of my inventory, 10 percent of prepaid air-time credits to retail and also added other high demanded inventory such as sd cards and pen drives to my business, this will drastically reduce the cost of frequent transport fair to the city for inventory leading to a rise in my profit margin. Am grateful my lenders and the whole Zidisha team, that gradually you are helping me achieve my vision of growing my business into an enterprise by 2020. Massive respect to my lenders and may you keep on with your good works. God bless you all

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  • Abdul    Jan 11, 2016

    thanks a bunch to my lenders and the Zidisa team as a whole. Am very glad my loan is fully funded because with this amount, I will be able to increase in about 20 percent inventory such as phone chargers, batteries, covers etc. and 10 percent in my attached business, sale of mobile phone prepaid cards which I just added. I will also get a few other inventory such as memory cards and pen - drives for retail. Thank once again my lenders for great works and may God bless you.

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  • Abdul    Jan 11, 2016

    thanks a bunch to my lenders and the Zidisa team as a whole. Am very glad my loan is fully funded because with this amount, I will be able to increase in about 20 percent inventory such as phone chargers, batteries, covers etc. and 10 percent in my attached business, sale of mobile phone prepaid cards which I just added. I will also get a few other inventory such as memory cards and pen - drives for retail. Thank once again my lenders for great works and may God bless you.

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  • Abdul    Jan 11, 2016

    thanks a bunch to my lenders and the Zidisa team as a whole. Am very glad my loan is fully funded because with this amount, I will be able to increase in about 20 percent inventory such as phone chargers, batteries, covers etc. and 10 percent in my attached business, sale of mobile phone prepaid cards which I just added. I will also get a few other inventory such as memory cards and pen - drives for retail. Thank once again my lenders for great works and may God bless you.

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  • Abdul    Jan 1, 2016

    with my last loan, i have been able to increase about 25% of inventory in my shop. This has reduced the cost of transport involve in my frequent travel for inventory and also saving time for wok, thus leading to increase in my earnings. With this extra earnings, i have been able add the selling of air-time credits to my business and also handle other family problems such as my wards school fees etc. Thanks to Zidisha for the prevelage giving me and i hope my lenders will continue to assist me grow a stronger business.

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  • Abdul    Dec 29, 2015

    My inability to settle for my disbursement of 100 which was due on December 13, plus my final payment of GHS 83, was due to bits of challenges with the market and the mobile money network as well. Normally, within the month of December market booms here, so i kept stocking my shop with any capital that came in hand, expecting very high sales which turn up to be slow, leading to a bit of delays. I also had problems loading money into my mobile money account on several times this month. They either complained of shortage with money or network problems, and that also added to my delay. They need to improve upon their condition of service to ensure early payments. Adding to my explanation, let me say a big thank you to my lenders and the Zidisha team as a whole. You have continued to help me stoke my shop and expand my business, which making life comfortable for me and my family. Gradually you are giving me the previllage to stand tall within my community, thank you and may God bless you all.

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  • Abdul    Nov 5, 2015

    Dear lenders, i have successfully been funded with an amount of 555 GHS and am very grateful, for the fact that this amount will raise about 20 percent of my business. thank you very much and may God richly bless you to continue with your good works.

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  • Abdul    Nov 2, 2015

    Dear lenders, its past one week today since my loan was successfully disbursed but I have not yet been funded, and i will be glad to know the course for this. Thanks very much and keep on with your good works.

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  • Abdul    Oct 26, 2015

    With my next loan, i will be able to buy more chargers, batteries, screen housing etc. for my mobile phone shop, thus increasing in inventory and also reducing regular transport charges involve in getting inventory. Let me also use this oppotunity to say a very big thank you to my lenders and all members of the organization for their help to the unjust worldwide. May God richly bless you all, thank u.

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  • Abdul    Sep 22, 2015

    Am having problems editing my profile for my next loan and i don't know if this is to do with my local network or from your source. Kindly fix this problem up if its from your source. With my first loan even though not much, it did assist me a lot. It aided as transportation cost and also helped me to purchase a few more inventory for my shop.

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  • Abdul    Aug 13, 2015

    Let me say thank you to my my lenders for making it possible for me in getting my first loan. Thanks a bunch and keep on with your good works. I promise to go by the rules and may God bless you all.

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