Automobile spare parts business

Enes Bwalya

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Enes Bwalya

Location

Kitwe, Zambia

On-time repayments

14 weekly installments  •  36%

About Me

My name is Enes Bwalya a single mother and am a Zambian by nationality. I have 4 children. I completed my high school and obtained school results. I started working as sales lady and gained experience in selling vehicle spare parts, through which after raising some capital I opened my own shop. Today am proud woman who is running an auto spare shop in town.

My Business

I ran an auto spare shop for vehicles, I sell vehicle spare parts and that is my main source of income. I buy and start selling on retail price. I choose this kind of business because of the passion I have had for so many years in sector of business. The profits I make helps me to improve the living standard and reinvestment in growing the business.

Loan Proposal

Am requesting for this loan in your institution to buy building materials for construction of an own shop due to high rentals. I want the loan to help me buy some building building materials for the construction of an own shop. As this will help me to own an shop and avoid paying rental any more.

Income Source

My business is doing fine and I make an income every day, since now I have committed myself to borrowing, the daily sales income I will be saving some money towards repaying the loan weekly as am building a shop of my own through loan

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$46.23

Date disbursed

Jun 22, 2021

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: 5% of $46.23 = $3.18

Credit risk payment: $16.16

Lenders

MarktheMormon

Sandy, Utah, United States

F

fambig

Switzerland

M

meriels

London, United Kingdom

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  • Enes Bwalya    Aug 18, 2021

    Dear lenders bear with me my business is a bit slow, this is due to the just ended elections in Zambia. I will endeavour to work hard and repay the loan with the stipulated time frame given. Thank you so much

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  • Enes Bwalya    Jul 27, 2021

    Am requesting for this loan in your institution to buy building materials for construction of an own shop due to high rentals.
    I want the loan to help me buy some building building materials for the construction of an own shop. As this will help me to own a shop and avoid paying rentals.
    My business is doing fine and I make an income every day, since now I have committed myself to borrowing, the daily sales income I will be saving some money towards repaying the loan weekly as am building a shop of my own through loan.
    Thank you my lenders for supporting me am so happy for your efforts, may God bless you.

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  • Enes Bwalya    Jul 27, 2021

    The previous loan has assisted me boost my business and expand, the business is expanding steadily and due to economic situation the loan has indeed helped me to sustain the business and by generating good profits.

    Thank you so much my lenders for supporting me during this difficulty time in our country as the country is facing the third wave of Covid 19.May God bless you abundantly.

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  • Enes Bwalya    Jul 4, 2021

    With this loan I will buy construction materials to complete the new shop which am constructing, should I own an on shop, I will be saving more which I will be generating since I will not repaying any rentals.
    Thank you very much my lenders for supporting me, may God bless you abundantly.

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  • Enes Bwalya    Jun 21, 2021

    With this loan I need to buy building materials for construction of an own shop due to high rentals. I want the loan to help me buy some building building materials for the construction of an own shop. As this will help me to own an shop and avoid paying rental any more.
    Thank you so much may God bless you so for supporting me once again.

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  • Enes Bwalya    Jun 19, 2021

    Thank you my lenders for the previous loan , the business is really doing through your effort and the profits am generating, am able to provide three meals for my children and and pay them school fees. Am glad my business is expanding very because of the continued support. Thank you for supporting my business.

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  • Enes Bwalya    Jun 11, 2021

    With this loan I would like to buy building materials for construction of an own shop due to high rentals. I want the loan to help me buy some building building materials for the construction of an own shop. As this will help me to own an shop and avoid paying rental any more. Thank you my lenders for supporting me

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  • Jochen    May 24, 2021

    Dear Enes,

    good luck with the expansion of your business.


    Kind Regards, from Switzerland,

    Jochen

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