Buying more clothing stock

Benny

Kalomo, Zambia

5% repaid

Entrepreneur

Name

Benny

Member since

May 2018

On-time repayments

41 installments  •  5%

About Me

My name is Benny i was born 11th September, 1959 in Lusaka's Emmasdale Town Ship.I went to Matero Boys High School and completed with the school certificate.I have a certificate in Sales and Marketing Management.Due to hardship i managed to complete my studies and went into Business.Due to lack of jobs i deciede to raise some money and opened a boutique in town.

My Business

i stock and sale clothing i order or buy from Bostwana and Malawi respectively .i sale both ladies, mens and children.The demand is very high and sale depends on the season of that particular month.Hence my working capital is ZMW 4000 and i generate ZMW1500 every month.However, i use the profits to improve the business and help the family in home improvement and school fees

Loan Proposal

I need to buy more clothing stock at the store and it i will cost me $170,therefore this benefit me by generating more profits and boost the business.However should the buy the new stock and i will be expecting ZMW 2500 as profit this time around.Thank you my renders for helping me.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

May 5, 2018

Repayment status

Late

Projected term

9 months

Lenders

Eugen Stamm

Zurich, Switzerland

CN

Craig Newmark

United States

ER

Ellen Ray

United States

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