Bedowen enterprise

Owen

Choma, Zambia

15% repaid

Entrepreneur

Name

Owen

Member since

November 2016

On-time repayments

16 installments  •  63%

About Me

When i ventured into serious business i started with mobile money which am still doing and is going well. A few months ago i thought of diversifying so i opened a barbershop and this is where am focusing very much now.The setting up of my barbershop costed me over K3,000 with the shaving machines being the biggest asserts that i got for the business. I bought two machines to start with and each machine costed me K500.

My Business

I started business after completing Secondary school in 2007, I was selling posters in the street for 4 years until i got a job in a telecommunications company (MTN). This where i got the interest of doing my current business as a mobile money agent. I have been with MTN for the past 5years and was able to start up my own independent business during this period. I would like to get a loan and expand my business which will allow me to employ my fellow young people and develop my own career.

Loan Proposal

Describe what you will do with the loan.
With this loan i intend to buy accessories for my barbershop, this will help me improve my service and attract more customers to the shop at the same time. At the moment i only have two machines,but i would need more two avoid people waiting for a long time. And i also need modern washing basins for washing customers heads after shaving. These are some of the things i would need to spice up my services

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Loan Info

Project Type

Classic Loan

Disbursed amount

$29.00

Date disbursed

Apr 18, 2017

Repayment status

Late

Projected term

6 weeks

Lenders

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