Buying a mtn booth and sim cards to sell

Samuel

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Samuel

Member since

September 2016

On-time repayments

188 installments  •  18%

About Me

Now about my background,am a male zambian born on in May in ninteen ninty six and a second born in a family of eight.I
started primary shool in two thousand and four at word of life primary school in chibolya lusaka Zambia.Later,I passed grade seven in two thousand and ten and went secondary school in twenty eleven and that was at kamwala south basic school located in chawama costituency in lusaka.I later went to high school in two thusand and thirteen and complited school at Arakan boys decondary school.Now about challenges and hard ships,i overcam challeges through prayer to God almighty and,hardwork,as well as studing hard in school.About when i starred busness i started bissiness in two thousand and fifteen and that was after waving school.
I was introduced to the MTN manager by my friend bob phiri .I later started to sell phones in city market.Now about my eanings well i noemally receive a commission of 1500ZMW per month from MTN.Now sharing with you what is unique about the area I live in well i live in a quite place and its one place that is very loving for pressure.Well I hobby is watching movies and reading as well as singing as I am a member of the praise team at my church.Thank you very much.

My Business

About my business, well i am an MTN agent for mobile money meaning that I deal with MTN mobile money which involves customer deposit and withdraw.About the demand of these goods and services,MTN mobile money is the reading Mobile money network in Zambia and its more to a Bank thus this service is really on demand because costomer wants to save their money to us and withdraw when they need the money.About why I chose this business is becouse their is much commission of a
About 1500 ZMW per month.About the typical costs and revenu is 4000 zmw cost and revenue.Well I use the salary I get from MTN to support my self in college becouse I am doing teaching at Rockview University and I also support my young sisters in school as well as dairy feeding.Thank you.

Loan Proposal

Once given the loan i will use the money in setting up my mtn mobile money booth.This whole project will cost 4000 and so i will add my own money plus the loan.This will enable me raise the profit i want about 1500 per month.This profit will enable me help my family and pay back the loan as well as feed my self.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$184.00

Date disbursed

Oct 6, 2016

Repayment status

On Time

Projected term

10 months

Other loans

Lenders

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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