Beauty products, bags and shoes for my mobile business

Nalishebo

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Nalishebo

Member since

April 2017

On-time repayments

102 installments  •  41%

About Me

My names are Nalishebo Muyunda, I completed my secondary education in december 1998. There after I went to do my acca at zambia centre for accountancy and I completed in december 2005. I am an accountant by profession. Some time in 2011 the company i was working for became bankrupt and we were not getting our salaries, i had to look for another source of income meaning i needed to start a business. Due to this situation my business was born. I began to sell perfumes, shoes made out of chitenge and hats and bags made out of chitenge. This became my source of income until i found a job in 2013. I did not stop the business i continued to sell and work at the same time.
our land is rich in natural resources and it has unique and rich culture such as the traditional ceremonies celebrated by every tribe of our country zambia.
My child is still young and cannot decide want he wants to be yet.
My pastime activity is singing and i also love to read christian books.

My Business

The goods and services i provides as a business are wide. i sell cosmetics, chitenge shoes, bags and hats. I am also roasting groundnuts and packaging in unique packs for selling.
These goods and services are useful and on demand in our country. I discovered people in this community love roasted groundnuts and so i thought if they can get already done groundnuts it serves them time.
in our country most ladies wear chitenge material as part of our culture so if can have a touch of chitenge shoes, hat, clutch added to their outfit to make the look complete.
The cosmetics is what every woman needs to enhance their beauty hence the reason i started the cosmetic business.
I started this business after carrying out a market survey and realising these products were selling faster in the market.
My typical costs are transportation and communication and costs usually.
I usually use my profits in growing the business and other home improvements.

Loan Proposal

From this loan I will purchase purchase hand bags on top of my beauty product at a cost of 250$ and the shoes at a cost of $100. beauty products will be at a cost of $50. My business is growing meaning my profitability goes up by almost 50% and iam able to cater and also satisfy my customer base. This will really benefit me and my family plus the people around my community as they will easily find the products they are looking for. after this I would also like to begin sponsoring some kids that need school sponsorship as the cashflow of my business Is now stabilizing.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$164.00

Date disbursed

Sep 29, 2017

Repayment status

On Time

Projected term

8 months

Lenders

PG

Paul Graham

United States

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