Expand my business "Wendynash business venture"

Armah

Accra, Ghana

100% repaid

Entrepreneur

Name

Armah

Member since

October 2016

On-time repayments

65 installments  •  77%

About Me

My name is Wendy Naa Aryeley Armah properly know as Wendy Nash. I come from Accra and lived at Trade Fair - Accra, am married with four children two girls and two boys. Am chocolate in completion and about 5.2 meters tall. I completed Winneba Senior High and read business Accounting and later further to Accra Polytechnic and study business Secretaryship.
Since unemployment rate is high, I started my own small Airtime Business, Am currently an Airtime business worker at Accra Ghana. I learn about Been an entrepreneur and decided to work on my own, I try to explore and I got interested and and now am a Manager Managing my Business. My children wishes to become an Engineer, Doctor in Medicine, Pastor and a Business Woman. I love singing and doing charity works that makes me happy and fulfill seeing that I have been able to help put a smile on someones face. The Bible says as you do it to your brother than you have done it for me.

My Business

My Business is into Buying of Airtime credit on Wholesale and then Retail them to my customers, such as Tigo, MTN, Vodaphone , Airtel and Surfline and I have added selling of sweet candy. Since now electronic gadgets are the fastest way of communicating and doing business. My cost for purchasing the Airtime is about 2,000 Ghana Cedis, then the remaining 300 Ghana Cedis for Transportation and 700 Ghana Cedis for Utility like Electricity and Sanitation and Tax Payment, My Revenue is almost 1,950, thus after sales of my Airtime and my profit generated.

My profit is spread across because I use some for Buying groceries for the house to cater for my family, I also reimburse some back into the business then eventually Buy study Books for my children. I don,t forget to pay my monthly tithe as well in Church.

Loan Proposal

This loan acquired will enable me to invest more into the Business, I need to get Airtime and small Pastry Business. I will purchase Airtime 529.74 dollars that is (Tigo 105.95, MTN 105.95, Aitel 105.95, Vodaphone 105.95, Surfline 105.95) Then will use 169.52 dollars for Water, Electricity, Sanitation and Tax. The rest 105.95 will be used for Transportation. My additional business to the airtime will go for 42.38 dollars thus my Pastries Business. The few 63.57 dollars left will be for any emergency.
Expanding my business is my priority but now have full confidence that am going to change my way of doing things. My expectation as to do with profitability is far from fetch, let say about 50% will be a bit appropriate.

Feedback

1

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  • Margaret    Sep 25, 2017

    Wendy paid off her loan in a timely manner, I would gladly lend to her again!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$796.00

Date disbursed

Jul 5, 2018

Repayment status

On Time

Projected term

3 months

Lenders

JimVandegriff

Trinidad, California, United States

Cloudways

Malta, Malta

Christopher

Copenhagen, Denmark

Paul Buchheit

Mountain View, United States

K

K

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Mark Rowlatt

Peterborough, UK, United Kingdom

T

TP

United States

Maria

Germany

DY

David Yang

Vancouver, Canada

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  • Maggie and M    Aug 1, 2018

    How are you doing Wendy?

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  • Armah    Jun 27, 2018

    Zidisha loan will enable me to purchase more Airtime such as Airtel, TIGO, MTN, GLO, VODAFON. This has enhanced me to expand this business, at first usually buys in small quantities but now can buy on a large scale.
    I have also introduce a small snack and soft drinks as customers waiting for their turn to be served rather get some snack to keep them waiting. My sincere appreciation goes to Zidisha, I am happy I have found you. God Bless you

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  • Armah    Apr 19, 2018

    I intend to use this loan to acquire a small snack bar such as selling of pastries and soft drinks like Fanta, Coca Cola, Sprite, Mirinda and etc and besides my airtime business too. The snack bar business is fetching me more customers because when a customers wants to buy a drink to enjoy eventually buys some airtime for calls another strategy of misery buyers.
    I think the last business investment had increase to about 60 %, from the beginning of the business some of the cards about 40% on credit for a week. The interest was channeled into Soft drinks and pastries(Small snack Joint). There is a primary school few meters and they really patronize the small snack Joint. My family now also enjoy helping me to market/ advertise my snacks. we all enjoy working together on Sundays after Church Service.
    This past Easter Holiday was fun, all the small drinking and events grounds around my area was fully packed with holiday wishers, Including the beaches, the road was very busy with vehicles and people.

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  • Ezekiel    Mar 8, 2018

    Hi Wendy kindly update and make your repayment, since your payment is due.

    Your MENTOR

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  • Armah    Dec 7, 2017

    Zidisha loan will enable me expand my business with the purchases of Airtime Cards example, AIRTEL, MTN, TIGO, AND VODAPHONE . Some of the money will be used as transportation, Electricity, Sanitation and Taxes. This loan has been very helpful because my Business has expanded , now I have a shop to store my wares and am proud to be a manager and owner of my business. Thank you Zidisha loan found you have been a big help to me and my family. God bless all the board and the entire management.

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  • Armah    Nov 7, 2017

    Zidisha Loan fund, I purchased Airtime such as Tigo, Aitel, MTN,and Vodaphone, some for my transportation for purchasing the Airtime, Part Payment for my Container Shop. I have now increased my purchase margin for my Airtime about 200 Ghana Cedis. My Increased earning was used to purchased some Sweet Candies and Plastic Chairs for my waiting Customers yet to be served.
    Since I joined Zidisha, I can now manage my own Business, my home is now Happy, my family are very excited to get whatever they wanted. My neighborhood is very interesting, there is the beach, eatery places, Trade fairs where there are some exhibition of Clothes, Jewelry, Shoes, Made in Ghana Dresses, Bags etc, not forgetting the Shopping Malls.

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  • Armah    Sep 8, 2017

    Wendynash airtime Business moving fast and business is rising steadily, alot of customers are patronizing the business and I am happy and grateful to zidisha. I wish to review my payment from 150 Ghana Cedis to 200 Ghana Cedis in so doing the business becomes simple. Thanks you for accepting my proposal of Increase of repayment of loan.

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  • Armah    Aug 8, 2017

    Zidisha loan will enable me to buy more airtime such as Airtel, TIGO, MTN, Vodafone, some will be for my transportation, utility like electricity, sanitation.
    I have had the opportunity to buy more airtime in bulk and taking care of my family as well.

    Zidisha I am so happy and lucky to be part of your team, I really appreciate your unflinching support. Thank you Zidisha and the entire team cheers

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  • Armah    Jul 27, 2017

    My Loan Fund proceeds was used to Purchased Airtime thus Tigo, MTN, Airtel and Vodaphone and Part Payment for my Container Shop. Now I have a secured place to work comfortably. My earning have change about 30 % increase because I always Have Credits cards in stock. Since I joined Zidisha my business now has a new scope, I don't shot any credit because I have been keenly monitory the movement and sales trends, my family always have food and their necessities are been catered for.
    There are plenty of interesting places we have the Labadi Beach, Kwame Nkrumah Memorial Park, the Baba Yara Stadium, International Conference Centre, These places are mostly filled when we have holidays, and its fun and colorful since you can see different people from all over the world.

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  • Margaret    Jul 18, 2017

    Hi Armah,
    I hope the loan from Zidisha helps you in your airtime business and to purchase a container for you business. Best of luck to you. Regards, Margaret

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  • Armah    Jun 23, 2017

    I used the loan received from Zidisha to purchased My Airtime thus MTN, AIRTEL, TIGO and VODAPHONE, the remaining amount was spent on Part payment of my container and my transportation. At first I used to buy just 50 Ghana Cedis of each Airtime but Now I can Afford 150 Ghana Cedis.
    My profit have been reimbursed into the purchased of more Airtime, the rest part payment of my container. Since I joined zidisha I can now confidently say I am a proud owner of my business. My neighborhood is quiet an interesting place, We have a new shopping Mall, my end is very busy due to movement of people to and form the mall, sometimes Christian Crusades, funerals my people are most fascinated about, and on Sundays the roads are quiet because most people do attend church services to praise, sing, thank and worship God.

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  • Armah    Jun 23, 2017

    I acknowledge receipt of loan amount of 1501 Ghana Cedis from Zidisha Loan, I was able to fund for my container office, bought Airtime and my Transportation as well. I really appreciate the assistance received from Zidisha, am so happy for the expansion of my business and my family as well, apparently am occupying and operating from my container office

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  • Margaret    Mar 25, 2017

    I hope the loan from Zidisha helps you to grow your airtime business. Best of luck to you.

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  • Armah    Mar 3, 2017

    This loan will enable me to buy more airtime such as Airtel,MTN,TIGO and GLO. In addition I will use some of the money as deposit for a container shop. Zidisha am so happy n grateful I am part of your team

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    • Ronald Waite    Mar 3, 2017

      I'm glad I could help! You're the first person I am lending to and I hope your business is successful!

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  • Armah    Oct 25, 2016

    I will use this money to purchase my airtime cards and the rest to cater for my transportation that will enable me to distribute my airtime. This is a big opportunity to expand and explore my business. My sincere gratitude, am so much happy and appreciate your support. Thank you zidisha for this opportunity, you have put a smile on my face.

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