Buying & selling African designs

Dorothy Ngosa Tembo

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Dorothy Ngosa Tembo

Location

Lusaka, Zambia

On-time repayments

24 weekly installments  •  100%

About Me

My name is Dorothy Ngosa Tembo, am a passionate business lady who has been doing business since 2008. I reside in Lusaka Zambia. I do business with people from all walks of life.

My Business

Iam a business lady who has been operating since 2008 commercializing traditional products. I supply paintings, fabrics, sculptures, baskets, bracelets and leather etc.
I started my business out of my own savings that i collect from rentals . Iam happy to find an institution that will help me to expand my business so i can restock some of the products which are needed to boost up the business.

Loan Proposal

My business has been approached by several tourists who wish to place orders for African designer products such as dresses, westcoats, neckties, shirts and bags etc. I want to service both new and old clients with these products . As requested by some clients I want to buy better materials to ensure quality design for me to meet my clients expectations. The market for the business is good women in particular especially are fond of the unique hand painted African designs and I have continuous and growing demand for these customized fabrics.

Income Source

I own two houses in the southern part of Zambia and I reside on farm in Lusaka were I collect rentals from the tenants who do gardening at the farm. Apart from my crafts business I also a have a shop were I sell dry foods to the neighborhood so I will be able to pay back my loan using any of the above mentioned sources of income.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.64

Date disbursed

Jun 2, 2021

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $3.44

Credit risk payment: $17.37

Lenders

R

Rearden

STAVANGER, Norway

L

Liz

Nowra, Australia

Jan V

Port Dalhousie, Canada

JT

JOY to the world

Cottonwood Heights, United States

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Summary

Amount repaid

$49.64

Amount remaining

$0.00

Date repaid

Jul 20, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 13, 2021 $8.30 Jun 13, 2021 $8.30
Jun 20, 2021 $8.30 Jun 20, 2021 $8.30
Jun 27, 2021 $8.30 Jun 27, 2021 $8.30
Jul 4, 2021 $8.30 Jul 4, 2021 $8.30
Jul 11, 2021 $8.30 Jul 11, 2021 $8.30
Jul 18, 2021 $8.12 Jul 18, 2021 $7.85
Jul 20, 2021 $0.27

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