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
Help me get 40 bags of unshelled groundnuts from Kalomo and Shell them so can resale to retailers here in Livingstone.I planned to get shelled groundnuts but the price was too high.So I decided to source from farmers so I can shell them which is much much cheaper.
Income Source
The government has continued to ease restrictions.Recently all borders were reopened which will Increase business opportunities therefore more cash for people to spend because Livingstone near to Zimbabwe,Botwana and Livingstone.
My Videos
Jan 7, 2021: Fish and sausages
Jan 29, 2021: January 29 2021
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$118.00
Date disbursed
Jul 18, 2020
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Germany
United States
United Kingdom
Ask Mubita a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Brian Herrmann Nov 27, 2020
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