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

None

None

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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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  • Mpundu    Apr 22, 2021

    She said that he will manage to pay back

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  • Misozi    Apr 7, 2021

    The business is a bit slow I can only manage the adjusted amount at the moment. Thank you

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  • Misozi    Mar 20, 2021

    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 am able to net 4500 now.
    Thank you so much my lenders for supporting am really happy for supporting me and may God bless you.

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  • Misozi    Mar 19, 2021

    The just ended loan as has done wonders on my business, my business doing fine than before, I made good profits which helped me to reinvest more in my business and begin generating more income for the business. Therefore I made massive progress in my business and home wise. I hope the new loan will help me to more and grow the business. Thank you very my lenders may the God bless you and keep you safe.

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  • Misozi    Mar 8, 2021

    My business is a bit slow and I don't want to miss my weekly repayments, thank you my renders for supporting me.

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  • Misozi    Feb 24, 2021

    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.
    Thank you my renders for supporting and God bless you.

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  • Misozi    Jan 31, 2021

    I will buy a new bale of second hand clothing because during the new month when most have repaid their wages there is good business such that I can sell well and make good profits. Thank you my lenders for supporting me, If blessed and I would like to say may God bless too and keep safe. Thank you so much.

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  • Jochen    Jan 30, 2021

    Dear Misozi,

    I hope your business will go well!

    Stay safe in these times...!

    Kind regards from Switzerland,

    Jochen

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