Abraham
Mazabuka, Zambia
$0 to go
100% funded of $523 goal
0
days left
Name
Abraham
Member since
May 2016
On-time repayments
45 installments • 40%
I am a single zambian young ,small scale business man.I was born in western part of zambia specifically kaoma district.. i was raised by a single mother because my father died when I was 5 years old. I am in the family of 5 hence Iam the second born . my mother and brother strugled to find school fees for me till my completion in 2013. hence, from there i joined into mobile business in the streets of mazabuka town.
I started my mobile business in 2013 at small scale in order to support my single mother and my young brothers. so far I have joined MTN zambia and I save as an agent. my main business is selling airtime,phones,registering mtn sim cards and selling. hence my wish is to expand through buying enough stock.
I would like to first of all thank the Zidisha team for their continued support. However, I would like to expand my shop in order to cover all my customer's needs at one central place. I would like to order or buy more goods in bulk. my budget will be as follows; crates of soft drinks worthy $100 USD, I would like to introduce a restaurant that will cost me $ 120 USD, $80 USD will be used to order groceries like biscuits, soaps and many more. However, The phones will cost me $100 USD and the capital for airtime and simcards will be boosted by $100 USD. The remaining $100 USD will be used to cover my mobile shops in the outskirts of the town and also my trips to supply them in bulk. This will highly elevate and help me as my business is going to grow to the expected levels. Hence, I will be able to sustain my family and repay my loan in installments as well.
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Project Type
Classic Loan
Disbursed amount
$523.00
Date disbursed
Oct 11, 2016
Repayment status
Late
Projected term
6 months
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