Name
Clever
Member since
July 2020
On-time repayments
15 installments • 20%
My name is Clever Hachilala,i completed my high school and at the moment am doing business to raise money to take me to college.I come from a humble family and am the 4th born from the family 5.A none governmental organization empowered the youth with money to start businesses and that's how i started my own business.I live in a peaceful country and plenty of natural resources.
I provide mobile banking services to people and the demand is very high.I provide MTN, AIR TEL AND ZAMTEL KWACHA.The service is very useful and because people able to withdraw money at their door step now here in Zambia and there are also able to deposit at any time and pay bills using their phone.I choose the business because it is profitable and it sustains my family a lot.My typical cost of this business is K 20000.00 and the revenue per is K 7000.00,therefore the profits are used to pay school fees, improvement the business and home improvement as am the bread winner of the family.
I need additional capital for mobile money services i offer to the general public, this is because mobile services this time the demand has increased due to COVID 19 pandemic.I need to increase the working capital and serve the people according their demands.Hence business will bring me income and growth of the business.
Mobile money services is doing fine at the moment, am able to provide mobile financial services and generating steady income to repay my loan in good time.
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Project Type
Classic Loan
Disbursed amount
$33.00
Date disbursed
Aug 10, 2020
Repayment status
On Time
Projected term
1 week
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