Lisa
Chililabombwe, Zambia
49% repaid
Name
Lisa
Member since
October 2016
On-time repayments
70 installments • 6%
I had a normal childhood until I lost my dad at the age of 7, life became a little bit hard because my single mum had to support me and my 3 siblings. I completed my primary and secondary school and am a holder of a diploma in nursing which I always wanted to be when I was small and a certificate in psychosocial counselling but due to low employment levels in my country, am unemployed. My culture and people in my neighbourhood is great, everyone is helpful and caring. I started my from business from the saving I had from the time I was still in college and help from my friends. Am not outgoing so I spent at lot of time reading novels.
After my business with mobile phones went bad a friend introduced me to a group of ladies that sell avroy shlain Cosmetics such as lotions, perfumes, sprays and makeup which are on high demand by many ladies because the products are very good and so I decided to choose this business because my friend is doing very well and so are the other ladies from the group. Making profit from this business is not a difficult thing because the products are sold according to what your clients order from the monthly catalogue and at the end of the business one is expected to get 50% plus profit because one gets to choose the price to sell her products according to the demand and expenses. Am hoping to increase my business to seeling cloths and shoes so that I can save up money for university tuition.
I will use my loan to order my cosmetics perfumes, body sprays, lotions and makeup on a larger scale than my current one so the I can sell them even to nearby towns. I want to save up on my profit so that I can expand my business to selling cloths and shoes. Am positive this business will help me and my fellow unemployed youths to help out our families because we'll be getting almost a 50% interest after selling the products.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$179.00
Date disbursed
Oct 31, 2016
Repayment status
Late
Projected term
16 months
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