Charcoal business

Sarah Mutale

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Sarah Mutale

Location

Lusaka, Zambia

On-time repayments

50 weekly installments  •  36%

About Me

My name is Sarah mutale I have a formal employment and I also run a business so that I can sustain myself.
I am currently ordering and reselling beddings which i order from China, curtains and kitchen utensils.
I believe that this project and line of business will be a success as the currency in my country is now stabilising. This business is helping me provide for my family and is giving me financial freedom.

My Business

Retailing shoe and hair business
I usually order shoes and Clothes from China for retailing in Zambia.
This helps me to have another source of income. The money lenders gave me since I joined ZIDISHA I used it for transportation of the goods I ordered from China. This money helped me a great deal and I look forward to getting a bigger loan to help me grow my business and own I shop since right now I only do my business on mobile basis

Loan Proposal

The money will be used to pay workers who are helping me with packing charcoal and also help me on transporting the goods go the destination point of sale.

Income Source

In case of risks I will repay the loan using my monthly income from my formal Employment. Just like always my business makes profit that enables me to pay back the loan without fail.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$135.54

Date disbursed

Dec 27, 2020

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $8.91

Credit risk payment: $19.59

Optional expediting fee: $17.81

Lenders

I

isaac

United Kingdom

Paul Buchheit

Mountain View, United States

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