Name
Mercy
Member since
April 2021
On-time repayments
8 installments • 88%
my name is mercy imasiku i live in chililabombwe zambia i live with my mother and two brothers am third born, am doing nursing at lusangu University in kitwe.
i do charcoal business have been doing this business since 2018 update this is were i got the money to sponsor myself to school apart from that i do some part time jobs for balancing my source of income
dear leaders am grateful to the previous i managed to buy more charcoal and transport them to the market and i sold them all and am planning to go back and buy more than 500 bags of charcoal which i sale k75 per bag and one bag of charcoal i buy at k40 this is the order price i buy plus transport is k15 per bag so if i multiply 75x500 it gives me k37,500 if i remove my capital the profit is k10,000 and the market is good due to weather so i have lot of costumers.
dear leaders if face any problem with my business which will enable me to repay my loan i will use my savings money to pay the loan back but am assuring you that i will pay back my loan in time without fail.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$65.00
Date disbursed
May 12, 2021
Repayment status
On Time
Projected term
1 week
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Jari Jul 9, 2021
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