Boutique stock

Mulangwa Burton

Chingola, Zambia

100% repaid

Entrepreneur

Name

Mulangwa Burton

Member since

February 2017

On-time repayments

21 installments  •  62%

About Me

My name is Mulangwa Burton Mutale n i come from a family of 7, raised in small town chingola where attained a dipoloma in business administration.i overcome hardship by running my parents shop to keep the family fed, pay utility bills and also take my kid brother and nephew to school. i started business as result of my parents getting too old to run a family business to support us, which sells local school uniforms and other school related products,this is done by the set of skills iv accuried both in school and from my parents. i love to read motivational books and business books to better myself interms of leadership etc

My Business

Founded in 2008 my Boutique is well known for childrens wear supplies and on a daily basis i make sales of about K500($50) and about K10,000 ($100) monthly.However due to the increase in rentals at the current store i am renting,iv struggled to maintain levels of stock.Hence my reason for applying for a zidisha loan.

Loan Proposal

My kids wear boutique makes family sales of about $50 and much of the profit is used to pay the rent.
The proposed amount of $21 will help ease the pressure on paying rent as well as help restocking of the boutique.
$10 of the loan amount will be spent on restocking while $11 will be spent on the rent and other renovations in the boutique

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Mar 5, 2017

Repayment status

On Time

Projected term

4 months

Lenders

Humble Bundle Community

San Francisco, United States

Ask Mulangwa Burton a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...