Mobile-money services

Clever

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Clever

Member since

July 2020

On-time repayments

15 installments  •  20%

About Me

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.

My Business

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.

Loan Proposal

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.

Income Source

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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$33.00

Date disbursed

Aug 10, 2020

Repayment status

On Time

Projected term

1 week

Lenders

Nick Studenski

Minneapolis, United States

Black and White Zebra

Vancouver, Canada

Utahna

United States

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  • Clever    Oct 21, 2020

    I had a funeral i lost my mother a month ago and since then thing have not been the same.My business went down due to the funeral after being by Faustina to encourage me to adjust my weekly repayment and when business pick up i will settle my loan loan in full.

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  • Clever    Sep 2, 2020

    I have 2 mobile money outlets, for this I to create third one to increase my commission and generate more profits.Thank you so much Madam Margaret, am humbled and I pray for you that may God watch over you, protect you and give you whatever you desire.Thank you very much .

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  • Margaret    Sep 1, 2020

    Good luck Clever with your new loan!

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  • Clever    Aug 23, 2020

    Dear lender i want to let know that the previous has made a big difference in business and family.I generate good commission from my business out the loan of ZMW 324.00 and i was to make ZMW 350.00 more because of huge transactions.I have reinvested some profits and i need to expand my mobile money service for next loan thereby making more commission and grow the business.Thank you very much and may God bless you for continued support during this difficulty time.

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  • Clever    Aug 8, 2020

    I will buy a home theater and a TV and some of the money i will need to reinvest in my mobile money services to have more transaction and earn good commission from MTN Zambia.
    To you all my lenders that have come all board to support me, am very much thankful to you and may protect God bless you and your families.

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