Name
Clever
Member since
July 2020
On-time repayments
15 installments • 20%
My name is Clever Hachilala,i completed my high school and at the moment am doing business to raise money to take me to college.I come from a humble family and am the 4th born from the family 5.A none governmental organization empowered the youth with money to start businesses and that's how i started my own business.I live in a peaceful country and plenty of natural resources.
I provide mobile banking services to people and the demand is very high.I provide MTN, AIR TEL AND ZAMTEL KWACHA.The service is very useful and because people able to withdraw money at their door step now here in Zambia and there are also able to deposit at any time and pay bills using their phone.I choose the business because it is profitable and it sustains my family a lot.My typical cost of this business is K 20000.00 and the revenue per is K 7000.00,therefore the profits are used to pay school fees, improvement the business and home improvement as am the bread winner of the family.
Am requesting for capital to increase mobile money transactions.The reason i need more capital is to expand and extend more mobile money outlets and generate more commissions as profits.Should i increase capital i will be able to operate effectively and satisfy or meet mobile customers need.
The Corona virus pandemic has not affected mobile transactions and it the one actually that is advised at the moment to avoid people from handling hard money in their hands to avoid the spread of the virus.Hence i will repay the loan within the stipulated time frame indicated on repayment schedule.
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Neutral
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Project Type
Classic Loan
Disbursed amount
$19.00
Date disbursed
Jul 16, 2020
Repayment status
On Time
Projected term
1 week
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