Micar Mulunga
Lusaka, Zambia
100% repaid
Name
Micar Mulunga
Member since
February 2021
On-time repayments
6 installments • 33%
My name is Micar Malunga a Zambia Citzen by Nationality.am 28 years of age. I completed school but I have done my Collage trainings due to lack of funds. Therefore I ventures into business to help my self generate some income. When I heard of Zidisha loans I became interested to apply for the loan.
I have set a clothing business which my source of income and livelihood, I sale cloths mainly for men like jean trouser, shirts and many more on my store. The good are useful because people nowadays want to look smart and nice. Hence they are in demand and sell very fast. The profits I make I use them to growing the business and improve the living standard as nowdays the cost of living is very hard to the pandemic.
Am requesting for this loan to buy the following building materials to build a small house to live in, Should this house be built I will benefit more by staying away from house rentals. The building materials I need to buy are as follows';
1. Building Sandy
2.Pockets of Cement
3.building blocks
My business is doing fine and I make daily sales, I have planned to repay the loan from the income am generating daily. The business gives me good income and I will not issues repaying the loan.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$34.19
Date disbursed
Feb 26, 2021
Repayment status
On Time
Projected term
2 weeks
Cost to entrepreneur
Service fee: $2.13
Credit risk payment:
$5.97
Optional expediting fee:
$6.39
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