Boarding house

Betty

Mufulira, Zambia

100% repaid

Entrepreneur

Name

Betty

Member since

May 2019

On-time repayments

76 installments  •  38%

About Me

My name is Betty Mwila Mutale im 36 years old I m a business lady. I have a diploma in Purchasing and supply but jobs are hard to find so I decided to become an entrepreneur I order and sell wedding dresses and I have added kitchen party dresses to my collection

My Business

I sell and hire wedding dresses and accessories and I have added kitchen party dresses to my collection I want to complete my building project i stay near a college I want to build a boarding house for students at the college to lent. I have a Facebook page and usually find my customers on Facebook.

Loan Proposal

With this long I will buy school shoes for resale as we are ending the year many children are going in a new grade and some will have to start their 1st or pre school education. When this happens many parents buy new school supplies for their children so school shoes is a on the budget and it cant be over looked so I will sale just OK as they will be on demand so sales will be just fine with the profits I will make I will use some to pay for my loan here and some to buy building materials for my building project. I want this the building project to be a success as it will help me and my family for genarations to come as builds last longer

Income Source

With my side wedding dress and accesesories business aside I will do my be able to afford to pay on time. Because even if the economy becomes bad and couples dont do weddings anymore they will still do marriage blessings which will require people to wear wedding dresses many people in my country are church people so that ceremony is a must a bride will come hire a dress a groom a suit and the bridemaids will want dresses for their line up these all things I have instock and I will hire them out and they will cushion the loan just fine I will manage to pay on time.

Feedback

1

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  • Ole Hirschbrich    Dec 3, 2020

    It has been my first supported project and everyting went perfectly smooth with Betty!! I can only recommend her as and keep on going with supporting her or others, thanks for this positive experience!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$33.00

Date disbursed

Dec 22, 2020

Repayment status

On Time

Projected term

3 months

Lenders

Kathleen Coleman

Oregon, United States

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Summary

Amount repaid

$33.98

Amount remaining

$0.00

Date repaid

May 5, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 30, 2020 $0.00
Jan 6, 2021 $0.00
Jan 13, 2021 $0.00
Jan 20, 2021 $4.26 Feb 6, 2021 $2.90
Feb 18, 2021 $1.36
Jan 27, 2021 $4.26 Feb 18, 2021 $0.58
Mar 27, 2021 $0.53
Apr 6, 2021 $3.15
Feb 3, 2021 $1.69 Apr 6, 2021 $1.69
Feb 10, 2021 $0.00
Feb 17, 2021 $0.00
Feb 24, 2021 $0.00
Mar 3, 2021 $4.26 May 5, 2021 $4.26
Mar 10, 2021 $4.26 May 5, 2021 $4.26
Mar 17, 2021 $4.26 May 5, 2021 $4.26
Mar 24, 2021 $4.26 May 5, 2021 $4.26
Mar 31, 2021 $4.26 May 5, 2021 $3.24
May 5, 2021 $1.02
Apr 7, 2021 $2.47 May 5, 2021 $2.47

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