Second-hand clothing business

Misozi

Copperbelt, Zambia

100% repaid

Entrepreneur

Name

Misozi

Member since

January 2021

On-time repayments

11 installments  •  45%

About Me

My name is Misozi Banda age 23 years of age. I completed school am running am own business. Due to lack of jobs in the country , I have end up to set up my business venture were I earn an income for survival. My vision is to work extra hard and establish more business ventures country wide.

My Business

I have store in the central business of town and I sell both second and brand new clothing for both ladies , gents , girls and boys. I sell these on daily basis because that is were my income comes from. Second clothing are in demand from both local and immigrant or foreigners who buy according to what they can afford. When I the profits I to make sure I improve the living standard home, save some money for future and reinvestment so that the business does not go down but developed.

Loan Proposal

With this loan am applying for I need to buy a new bale of second hand clothing to boost the business as am approaching the new month of February when most people will be getting paid their wage. During month end there is good business .I will generate good profits, for instance if I bought a bale of 4500 ZMW, I earn between 1500 to 2000 within a week, therefore at the end of week I will total profit of 2000.

Income Source

The clothing business is my core business and the main source of income. Despite at time in A week business becomes slow, I sell nearly every day such that by the close of the I have save some good income to repay off my weekly loan. Thank you so much lenders for supporting my business venture.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$59.00

Date disbursed

Feb 3, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

Jochen

Switzerland

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