Car wash machine

Emmanuel Sichone

Mazabuka, Zambia

55% repaid

Entrepreneur

Name

Emmanuel Sichone

Location

Mazabuka, Zambia

On-time repayments

53 weekly installments  •  53%

About Me

my name is emmanuel sichone i grew up in mazabuka and completed school in 2002 at st edmunds and i do a livestock business with my sister and we need money to keep our cows healthy i have being married for two years and i have a daugther who is 10 years and she is very intelligent and wants to be a doctor when she grows up and right now she is in grade 5 and i want to make her dream come true that's why i started a livestock business and in my free time i read the bible and play soccer to keep myself fit,i apply today cause my daughter is my first priority and i want her to achieve her dreams.

My Business

my main source of income is a small car wash i do and the small money i get from washing cars i pump it in the livestock,the car wash is very useful cause it helps maintain the small farm we have and helps me pay school fees for my daughter,i choose the car wash business cause its easy to maintain and helps me alot on day to day expenses,in a month when business is good i make about k3,000-k4,000 and with the profits i pay my daughters school fees,pay rent,maintain my growing livestock business.

Loan Proposal

want to buy a car wash machine because i only have one in terms of break down i might get stuck so that is the reason of getting another one.this will cost me 700 dollars,this will help me be more content in doing business and even my employees will have more interest on the cost of doing work.business wise,if you do not have any break down in your business then we say things are fine.earnings increases so well and even the working capital grows and my most important mission is to grow my working capital because when i borrow business should as well increase.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$289.54

Date disbursed

Oct 16, 2017

Repayment status

Late

Projected term

7 months

Cost to entrepreneur

Service fee: 5% of $289.54 = $8.65

Lenders

B

BobSloss

United States

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

T

TP

United States

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