Business loan for a mechanic's workshop

Gibson

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Gibson

Member since

February 2021

On-time repayments

7 installments  •  71%

About Me

I am Zambia young man aged 32 based in kitwe am married with 1 child, I own mechanics work shop , mobile money booth and recently started fish business,my dream is to open big butchery so that my finances are balanced, so far my work shop is going very well tho am having space problem for now I can't manage to rent a big spaces

My Business

I run a mechanics shops in kitwe and mobile money transfering booth for Airtel I also started fish business after seeing how food business pays out well, so far my business is going well am able to pay two guys I work with and rent my small work shop, with the help of Zidisha I pray this year I will be move to a big work shop. Mobile banking is not much profitable looking at the location and the demand, but we will are still pushing and we are able to make k700 communication per month I ventured in 3 different types of business to make ma finances balanced so that am not inconvenienced wen I don't have customers in my work shop am able to make money thru fish since pipo eat every day and I insure the money for the mobile not touched that well am able to pay bills with out worrying

Loan Proposal

I will use it to put on my new business mobile money business

Income Source

Side hustle

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

Mar 30, 2021

Repayment status

On Time

Projected term

1 week

Lenders

Babbitt Family Foundation

Reno, United States

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  • Gibson    Dec 31, 2021

    Thank you I received k1072 I will use the money to buy feed and repair the licking roof

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  • Gibson    Dec 20, 2021

    I will buy feed for my chickens and fix the roof of my chicken run its ricking. Thank you so much am greatfull

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  • Gibson    May 18, 2021

    I ordered fresh fish I put in 700 and the profit was %50

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  • Gibson    May 16, 2021

    I received k598 which I used to oder fresh fish

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  • Gibson    Apr 30, 2021

    Thank you so much for the loan I will use it to order fresh fish it help boost my capital I really appreciate

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  • Gibson    Apr 28, 2021

    I used my loan to order fresh fish thanks so much

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  • Gibson    Apr 28, 2021

    Thanks for the loan it really helped me and the repayment

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  • Gibson    Apr 18, 2021

    I will use the loan to pay space were I will be selling my fish from, I really appreciate for the loan there really helps us

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  • Gibson    Apr 16, 2021

    The loan helped me start my new fish business

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  • Gibson    Apr 16, 2021

    Used the loan to buy fresh and dry fish

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  • Gibson    Apr 16, 2021

    I used the loan to buy dry and fresh fish

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  • Gibson    Apr 16, 2021

    Thank you for the loan the loan helped me start my new fish business

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  • Gibson    Mar 28, 2021

    The loan helped me I put it on my rentals

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  • Gibson    Mar 26, 2021

    I sent my loan payment network is bad I received and this is really helping

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  • Gibson    Mar 16, 2021

    Thank you very much for loan I received

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  • Gibson    Mar 9, 2021

    I bought a bottle of oil

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