Applying for loan to buy more handbags to sell in shoe shop

Mercy

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Mercy

Member since

May 2021

On-time repayments

2 installments  •  50%

About Me

hello
my name is mercy nalwamba. i come from the capital city of lusaka, i went to kyalala nkuba secondary school, after that i did not manage to finish my secondary school because of the logistical challenges i was having. i used to walk for about 16 kilometres going school . my parents discouraged me from going to school because nothing was promising as in terms of academic.
i started my own business after stopping to work with my mothers shop, when i started my shop it was tremendous to know how to run my own things.

My Business

my very income source was my mother gave some things to start selling and after that i fast gained some good profit and it was amazing that i quickly adapted to business, i gained a lot of passion to do it again and again.

Loan Proposal

I will be buying the bags to bring them into my shop for sale i have some shoes that go at a cheaper price though i have had a good profit .
Hand bags have had a very good market and on demand . in my next business
plan i would like to buy more of the bags

Income Source

i have some other business that i run and they help me save some money and i also have a farm that i run they all give me some money so that i can be making sure that i do not run out of money
These are some of the sources that can help me pay back

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

Jun 2, 2021

Repayment status

On Time

Projected term

2 weeks

Other loans

Lenders

JessieD

Alexandria, Va, United States

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