Name
Clive Makala
Member since
October 2018
On-time repayments
25 installments • 72%
I am currently working as a legal assistant at a law firm in Lusaka, Zambia. My salary from this job is not enough to sustain me so I am trying to raise funds to open up my own Airtel money booth to give me extra income.
Airtel money booths make money when customers come to deposit or withdraw money from their Airtel money accounts. The key is to have a booth an area where there is a lot of traffic in order to maximise on the profits. I plan to use the money made from this project to open up more booths. I recently received a Zidisha loan of ZMW1,288 which I repaid on time. I am still trying to raise enough money for the Airtel money booth.
I am in need of a loan in order to pay for the Airtel money service as well as the Airtel money booth. Starting up this business will enable me to increase my monthly income and will also help me empower others around me. I expect to make back the money and repay the loan in less than 6 weeks.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$399.99
Date disbursed
Sep 7, 2019
Repayment status
On Time
Projected term
6 weeks
Cost to entrepreneur
Service fee: $13.84
Credit risk payment:
$52.77
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