Additional stock for my phone shop

Victor

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Victor

Member since

September 2018

On-time repayments

4 installments  •  75%

About Me

My name is Victor Chisanga am 22 years old I was born in a family of three being the first born of the family I completed senior secondary school in 2016 and i couldn't continue to college due to financial challenges, In January, 2017 i started doing domestic work and i raised capital of 87 dollars to start my small business of buying and selling of phones, phone accessories and phone repair

My Business

In January, 2017 i started doing domestic work and i raised capital of 87 dollars to start my small business of buying and selling of phones and phone accessories from neighboring countries from the republic of Tanzania and and from republic of Congo DRC which am currently running, my business is suitably located at the center of township and have more clients especially those who can't afford transport to town and have been making 21 dollars profit per week the phone is now a necessity to everyone is no longer a luxury hence making that profit and i support my sisters paying school fees and some profit i reinvestment in growing my business
Am applying for a loan to your organization that will boost my business with stocks so that i can satisfy my customers

Loan Proposal

My business is growing a bit faster and have attracted more customers hence needs more stocks and also needs expansion of my business place, as at now i need to buy the stocks of ZMW 402.00 this will increase the profit by 25% and this will not only benefiting the business by reinvesting but it will also benefit the community for providing services within the township
Kindly help to fund my loan facility on time

Thanking you in advance to all my special lenders for your kind heart of helping my business to grow by trusting me through zidisha organisation.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Nov 21, 2018

Repayment status

On Time

Projected term

1 week

Lenders

Treesforpeople

Oxfordshire, United Kingdom

EA

Eric Ayers

Atlanta, United States

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