Addition of mobile money to my salon business

Happiness Chembo

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $458 goal

0

days left

Entrepreneur

Name

Happiness Chembo

Member since

September 2020

On-time repayments

20 installments  •  55%

About Me

Am Happiness, married with 2 kids and 2 dependents a resident of Lusaka, Zambia.
I have always had an interest in being an entrepreneur instead of working for someone, as such even before getting married, i tried a number of business ventures, however due to luck of capital all failed.
After marriage, my husband through savings, helped me with a little capital which i used to start a salon business & now thanks to joining ZIDISHA last year, my business has grown even to allow me currently employ one person and i have a big appetite to grow my business & employ more youths in my community.
My plans for the year 2021 is to expand my business; open another salon, add mobile money for both Airtel & MTN users in my current salon and God willing venture into farming as well.

My Business

Currently with a million thanks to ZIDISHA loans, my salon business has grown to such a level as selling cosmetics for women such as make up kits, nails, nail polish etc, different hairs as well as platting of women's hair.
I do blowing of hair, steaming using my brand new hair dryer as well as toning services.
Last week i managed to register for mobile money agent with both Airtel & MTN and now badly in need of cash to invest in the business.

Loan Proposal

I still need more money to add to my mobile money business in order to grow & make it even more profitable. I plan to use all of the money in this regard.

Income Source

The mobile business is fair in this period & will have no problems with repaying my loan.
However if the worst comes to the worst, i will use the sales from my already established Salon to pay off the current loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$458.84

Date disbursed

Jan 27, 2021

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $27.98

Credit risk payment: $72.88

Optional expediting fee: $56.02

Lenders

M

marvin24

Giessen, Germany

KYLE LARSON

Little Falls, United States

investor

Candiac, Canada

M

MarkAndMary

Seattle, United States

AltruisticSelfishnes

Chicago, United States

D

Davieboy

Melbourne, Australia

Hope2012

United Kingdom

DeanDropshot

Oslo, Norway

I

ideerge

Mountain View, United States

F

Fiodal

Helsinki, Finland

J

John

Newbury Park, CA, United States

B

briansedz

Canton, Ohio, United States

C

chrisherron

Chicago, United States

H

hanh352

Homosassa, United States

indeh

London, United Kingdom

D

Divergent

Bethesda, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

Ellwood

Wimborne, United Kingdom

S

SvenWaage

Stavanger, Norway

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

Cadwah

Barcelona, Spain

M

mkellerman

Shanghai, China

D

dweiner

Madison, United States

nakamura

United States

8

8chrono8

London, United Kingdom

fairspirit

Utrecht, Netherlands

K

kikusin

Shanghai, China

G

Goldrivermob

Gold River, Canada

Stefano Bertolo

Luxembourg, Luxembourg

andreatagliatti

Manchester, United Kingdom

dmirpuri

Bangkok, Thailand

J

jonastang

Hong Kong, Hong Kong

mikeice

Kohler, United States

H

hambunny

Manchester, United Kingdom

W

wiwillia

Milbrae, United States

B

bugdaniel

Switzerland

trincowski

Vilar, Vila do Conde, Portugal

TyWee

Manila, Philippines

S

Stephan

Netherlands

Sara

United Kingdom

Dave Bogard

New York, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

AF

Alysn Ford

United States

C

cota

United States

ME

Manaal Eisa

Washington DC, United States

MR

Michiel Rauws

San Francisco, Netherlands

Aran Dunlop

United States

Alicia

United States

SH

Steven Huntington

London, United Kingdom

Bill Glover

United States

V

Vidar

Oslo, Norway

I

isaac

United Kingdom

M

Marama

Australia

Humble Bundle Community

San Francisco, United States

Curious Customs

Austin, Texas, United States

JA

Joshua Axtell

United States

Day Family

Melbourne, Australia

VC

Victor Chong

United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Melissa K

Portland, Oregon, United States

Dean Suminski

Portland, Oregon, United States

E

ericb321

Republic of Korea

GS

Gary Sinard

Franklin, TN, United States

L

Liam

New Zealand

Katja

Switzerland

Darren Jeppson

Denver, Colorado, United States

C

Carol

Bayswater, WA, Australia

F

Fox

United States

EA

Eric Ayers

Atlanta, United States

Peter Collins

Darmstadt, Germany

Andrew

United States

AM

Alex Melo

United States

United Kingdom

M

MaggieK

United States

J

John

Germany

R

Ru

New York, United States

MC

Mike Cormack

Vancouver, Canada

AB

Andrew Bake

United States

Black and White Zebra

Vancouver, Canada

Utahna

United States

CG

Chris Greene

Birmingham, AL, United States

Brian Herrmann

Chicago, United States

B

Bharat

Princeton, United States

A

Anonymous

United States

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