Capital for my mobile money business upgrade

Constridah

Mazabuka, Zambia

Funds disbursed

$0 to go

100% funded of $318 goal

0

days left

Entrepreneur

Name

Constridah

Member since

May 2019

On-time repayments

42 installments  •  10%

About Me

I am Constridah Siamaundu born in 1995, in Southern Province of Zambia in the district called Maamba and went to school in western province at Kaoma secondary school where I completed my grade 12. I am a first born in the family of 5. However, I cou
ld not continue to college level due to financial problems. I stayed with grandmother where I started a mobile money business where I was also selling airtime. I therefore continued with this business from 2016 up to date of which helps me sustain my family in the village.

My Business

I am a business lady dealing in mobile money booths. I chose this type of business due to its ability to survive even during serious economic problems. It is a highly preferred way of sending and banking by the local community where there are no enough commercial banks. Hence, people frequent my booths a lot but lack of enough capital forces my clients to either wait or reschedule their transactions to a later date. The profits I make helps me to sponsor my young brothers and my sister.

Loan Proposal

I would like to order and buy more float for my mobile money business, phones, simcards and talk time all at $12000US Dollars. This will enable me to make a good profit to grow my shop as well as earn a living.

Feedback

1

None

None

  • David    Jul 21, 2019

    Loan was originally scheduled to take four weeks, but was paid off two days after being disbursed. Good luck with your business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$317.88

Date disbursed

Dec 2, 2019

Repayment status

Late

Projected term

7 months

Lenders

L

Liz

Nowra, Australia

Tanya

Nelson, New Zealand

Mary

Germany

David

Canada

World Centric

Sonoma County, California, United States

EA

Eric Albert

United States

Rosella

Australia

Sayuri

United Kingdom

A

Anonymous

United States

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