114 installments • 59%
My name is Francis Daka, based in Lusaka Zambia. My business model is mobile money which I have been running for the last eight years now. I have acute mobile money business understanding due to several years of business experience.
I have been an active Zidisha community member from 2015 to-date. Due to favourable loan terms and conditions for Zidisha, I commenced loan acquisition from this platform to-date.
Zidisha has greatly, helped me expand my business at a faster rate.
The Mobile Money business is operating well and it has starting picking up. The venue where the business undertaken is operating is now known. Hopefully, by the end of December 2019, I will open another mobile money booth.
This money will be used to boost capital for my mobile money businesses.
This will enable business expansion and buy another mobile booth for MTN mobile money business.
My businesses are operational despite corona virus pandemic because most of the people have resorted to digital payment systems in order to reduce cash handling which perpetuate the spread of the disease.
Jul 29, 2020
Cost to entrepreneur
Service fee: $34.78
Credit risk payment: $52.17