Buying more charcoal to sell

James Chinyama

Ndola, Zambia

100% repaid

Entrepreneur

Name

James Chinyama

Member since

March 2021

On-time repayments

18 installments  •  33%

About Me

my names are James chinyama i live in ndola zambia house number 1878 hillcrest i live with my grandmother and two siblings am single.

My Business

i am a charcoal business man and student at zibsip i do my business to balance my source of income so that i don't strangle when its comes to pay my tuition fees and other stuff and i normally do some part time job because i can't rely on one source of income in this pandemic.

Loan Proposal

dear leaders you are doing a great job to my life, the previous loan you gave me it really does wonders i managed to buy 400 bags of charcoal and sale them in time now i want to go back to the forest to buy more than 800 bags of charcoal. so i need next loan to buy empty sacker bags where to put charcoal.

Income Source

dear leaders i am business man and i do part time job as a clearing agent and it pays me well so if i see my business is kind slow to make enough money to pay my loan i will definitely use my salary to pay my loan.

My Videos

May 15, 2021: Charcoal business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.80

Date disbursed

May 5, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $6.86

Credit risk payment: $17.86

Lenders

Olly Ishmael

Aberystwyth, United Kingdom

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Summary

Amount repaid

$109.80

Amount remaining

$0.00

Date repaid

May 12, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 17, 2021 $109.80 May 12, 2021 $109.80

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