Name
Mubita
Member since
September 2019
On-time repayments
65 installments • 51%
My name is Mubita Namataa a resident in Dambwa North Extention,Livingstone,Zambia. I have been trying to raise funds to establish a profitable business which can sustain my family.I have been married for 3 years and am self employed.
Since November 9 2020 we resumed the fish and Sausages business at Dambwa North Market. Our plan is to increase the
revenue by purchasing stock in bulk.The more I buy the cheaper and profitable it is. Am planning to raise capital of k10000 so that I can be stocking my shop just once per month so that I cut on transportation costs.
Am aiming to raise my working capital to k10 000. I will use this loan to buy more stock for my food retail shop.
Since reopening the food retail shop last month. My businesses is doing better than it was doing before the pandemic. The only challenge I have is having enough working capital.
Jan 7, 2021: Fish and sausages
Jan 29, 2021: January 29 2021
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$164.00
Date disbursed
Dec 28, 2020
Repayment status
On Time
Projected term
1 week
Other loans
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Brian Herrmann Nov 27, 2020
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