23 weekly installments • 13%
Great Zidisha platform, I am glad to be accepted on this platform. My name is Reuben Lohya, a secondarian, I am married and come from a family of five children. I love honesty, integrity, industry, marital faithfulness and productivity.I just recently, in the last quarter of 2020 to be precise, I became a widow with it's attendant challenges.
My business is in female fashion and particularly salon and cosmetics, the market is there but the major challenge is finance which I am trying to solve through the request for this loan.
The harmattan season starting November of the previous year characterised by the absence of rain among other things is a good period where wedding ceremonies are spiked with it's attendant demands for beauticians for make-up for the bridal train and the bride. So I need this loan urgently to expand my customer base.
The spike in weddings and other festive activities during this harmattan period is very good for my type of business, income is increasing, so I trust that I will keep an excellent repayment schedule.
Feb 26, 2021
Cost to entrepreneur
Service fee: 5% of $123.81 = $6.01
Credit risk payment: $15.62
Optional expediting fee: $12.02