Addition of mobile money to my salon business
Happiness
Lusaka, Zambia
$0 to go
100% funded of $458 goal
0
days left
Entrepreneur
Name
Happiness
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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$458.00
Date disbursed
Jan 27, 2021
Repayment status
Late
Projected term
2 months
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