Additional groundnuts capital

Mubita

Livingstone, Zambia

100% repaid

Entrepreneur

Name

Mubita

Member since

September 2019

On-time repayments

65 installments  •  51%

About Me

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.

My Business

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.

Loan Proposal

I need additional capital to buy more groundnuts for resale.The groundnuts I want to resale are sold at k330 per bag.The loan will
Make it possible to buy more bags.

Income Source

The government has continued easing restrictions.For example the Airport and the Lodges are now reopened so people are slowly getting back to work and the tourism industry is the largest
employer in Livingstone.

My Videos

Jan 7, 2021: Fish and sausages

Jan 29, 2021: January 29 2021

Feedback

1

None

None

  • Brian Herrmann    Nov 27, 2020

    Friendly, prompt, and hard-working gentlemen! Best of luck to him moving forward!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$79.00

Date disbursed

Jun 30, 2020

Repayment status

On Time

Projected term

1 week

Lenders

L

Liz

Nowra, Australia

TomF925

www.AfricaLeap.com, United States

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