Mobile-phone business expansion

Denes Mwamba

Mazabuka, Zambia

100% repaid

Entrepreneur

Name

Denes Mwamba

Member since

June 2016

On-time repayments

289 installments  •  39%

About Me

I AM A YOUNG MAN BORN IN 1995 IN MAZABUKA, SOUTHERN P[ART OF ZAMBIA. I GREW UP UNDER DIFFICULT CONDITIONS .AS I STARTED MY GRADE ONE UP TO GRADE SEVEN AT KAUMBA PRIMARY SCHOOL. I AM TONGA BY TRIBE. I COMPLETED MY GRADE 12 AT ST. EDMUNDS IN MAZABUKA. AFTER COMPLETION I STARTED WORKING FOR MTN AS AN ARGENT. HOWEVER I ALSO STARTED MY OWN MOBILE BUSINESS THAT ENABLES ME SUPPORT MY FAMILY AS I AM FROM THE FAMILY OF SEVEN AND I AM THE THIRD BORN.

My Business

I STARTED MY MOBILE BUSINESS IN 2014. I AM ONE OF THE AGENTS FOR MTN OF WHICH GAVE ME AN ADVANTAGE OF EXPLORING AND DISCOVERING MY BUSINESS PROPERLY. I SUPPLY AIRTIME,SIMCARCDS AND PHONES IN BULK. I HAD TO CHOOSE THIS TYPE OF BUSINESS BECAUSE OF THE HIGH DEMAND FROM THE CUSTOMERS AND THIS IS SUPPORTED BY MANY AS PEOPLE USE THESE THINGS ON A DAILY BASIS. HOWEVER, THE PROFIT I MAKE HELPS ME TO SPONSOR MY YOUNG BROTHER FOR SCHOOL AND REINVEST IN BUSINESS. THE PROFIT WILL ALSO BE USED TO REPAY MY LOAN IF DISBURSED.

Loan Proposal

IF THIS LOAN LOAN IS DISBURSED, I WILL BUY PHONES WORTHY $ 100 USD, SIMCARDS WORTHY $30 USD AND AIRTIME WORTHY $50 USD. BY SO DOING I WILL BE ABLE TO COVER AND MANAGE TO SUPPLY MY CUSTOMERS WITH QUALITY PRODUCTS AND IN TIME. THIS WILL ALSO BOOST AND EXPAND MY BUSINESS. HOWEVER, THE PROFIT RAISED WILL BE USED TO SUPPORT MY FAMILY AND REPAY MY LOAN.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jul 1, 2016

Repayment status

On Time

Projected term

6 months

Lenders

xtrahardware

Cazenovia, United States

The Zinc Team

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Ask Denes Mwamba a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...