Business expansion

Raban

Livingstone, Zambia

100% repaid

Entrepreneur

Name

Raban

Member since

October 2020

On-time repayments

31 installments  •  81%

About Me

Am Raban Mwape
we do a lot of money transfers such as airtel mtn and Zanaco xpress. we also do international transfers such as mukuru and
world remit on Zoona
we also do Dstv subscriptions and selling zesco units.

My Business

from business
the business I do helps me suport my family and keep some little excess cash for future use.
And have employed three staff whom am paying an agreed allowance every month.

Loan Proposal

will inject into my businesses and create more profit , the business is more promising as the market has been expanded due to traffic in the area we are operating. new businesses has been opened up and have boosted transactions on daily basis.

Income Source

we have other sources of income and since we deal with different products and services
we can't fail to pay the loan .we have tried it , our money seculate s from business to the other , for example rentals sometimes are used to pay a loan and when get the profits in form of commissions at the end of the month .take it back and be able to balance our books.

My Videos

Jan 9, 2021: Business expansion

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$318.00

Date disbursed

Jan 12, 2021

Repayment status

On Time

Projected term

4 weeks

Lenders

C

chrisherron

Chicago, United States

The Weltys

Averill Park, NY, United States

Paul Buchheit

Mountain View, United States

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  • Ketty    Aug 2, 2021

    Dear lenders,

    Raban said that he is committed to repaying his loan soon

    Thank you.

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  • Raban    Apr 14, 2021

    thanks lender for help me with this loan will repair another point of sale machine and another new smart phone for the newly opned shop in the central business district in town .

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  • Raban    Apr 9, 2021

    have just opened another outlet for my business expansion in a different location. this will boast our income because of traffic in that location!

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  • Raban    Mar 1, 2021

    I thank you zidisha for previous loan you gave me . atleast I managed to repair a zanaco point of sale that was faulty. today the machine is up and running in my newly opened outlet

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  • Raban    Feb 10, 2021

    have opened another outlet offering same services on the outskirts of Livingstone town

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  • Raban    Feb 8, 2021

    have managed to pay school fees for my boy at the university who is in the second year!

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  • Raban    Jan 10, 2021

    thankyou lenders I will use this money to expand my business since am repairing a point sale machine for my new outlet.

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  • Raban    Jan 8, 2021

    The previous loan helped me buy another new 543 machine which is being used at our newly opened outlet within town centre of Livingstone

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  • Raban    Dec 18, 2020

    I will clear the balance on 543 machine I bought.this will help me yo grow my business!
    I really thankyou all my render for wonderful gesture.

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  • Raban    Dec 17, 2020

    my previous loan helped me to buy a 543 konse konse machine that has enabled me open another outlet in town to expand my business.

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  • Raban    Nov 28, 2020

    I will use this money to buy another 543 konse konse machine for selling airtime.

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  • Raban    Nov 22, 2020

    the loan I got has increased my capital base hence more profits

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  • Raban    Nov 5, 2020

    will top up to buy an office phone for business transactions .
    will be more faster and effecient
    we thankyou for gesture

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  • TomF925    Nov 5, 2020

    Also, you mention "rent." What do you rent?

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  • TomF925    Nov 5, 2020

    What is a 543 machine?

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  • Raban    Oct 28, 2020

    I added this money for the purchase of a 543 machine

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