Name
Victor
Member since
September 2018
On-time repayments
4 installments • 75%
My name is Victor Chisanga am 22 years old I was born in a family of three being the first born of the family I completed senior secondary school in 2016 and i couldn't continue to college due to financial challenges, In January, 2017 i started doing domestic work and i raised capital of 87 dollars to start my small business of buying and selling of phones, phone accessories and phone repair
In January, 2017 i started doing domestic work and i raised capital of 87 dollars to start my small business of buying and selling of phones and phone accessories from neighboring countries from the republic of Tanzania and and from republic of Congo DRC which am currently running, my business is suitably located at the center of township and have more clients especially those who can't afford transport to town and have been making 21 dollars profit per week the phone is now a necessity to everyone is no longer a luxury hence making that profit and i support my sisters paying school fees and some profit i reinvestment in growing my business
Am applying for a loan to your organization that will boost my business with stocks so that i can satisfy my customers
Once approved i will use the loan facility to buy more phone accessories for restocking so that i satisfy every customer that needs to buy a phone or any phone accessories in my shop and by that it will increase sales and the profit margin.
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$14.00
Date disbursed
Oct 27, 2018
Repayment status
On Time
Projected term
1 week
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