Kelvin
Lusaka, Zambia
$0 to go
100% funded of $350 goal
0
days left
Name
Kelvin
Member since
June 2016
On-time repayments
38 installments • 39%
kelvin mwamba are my names , i went at lubwe secodary school were i did my grade 9-12 then i worked for finance bank from 2004- 2009 as a bank teller. In 2012 i started persuing finance and accounting at university of zambia and graduated with a merit in novermber 2014. am currently in business in lusaka zambia
Iam i to satellite business which we commenced four years ago. we sale product rage which include the following- decoders, satellite dishes, network cables, remote controls and LNBs etc. we also offer service on dstv subscriptions and zoona money transfer. we are into this business because entertainment industry has grown and there is increase demand. on every sale we make eg on decoders we get a markup of k50. the profits are used to reinvest in our business to grow.
With my next loan i want to buy dstv decoders. ten decoders at $27.00 each for $270.00, and 20 LNBs at $5.00 each for $50.00
With these stock i will increase my profit and get other stocks so that i increase my employees to three.
Am expecting to make a profit of $100.00 with an increase of $40.00 in two months
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Project Type
Classic Loan
Disbursed amount
$350.00
Date disbursed
Feb 3, 2017
Repayment status
Late
Projected term
3 months
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