Developing my salon business

Mable Banda

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $31 goal

0

days left

Entrepreneur

Name

Mable Banda

Location

Lusaka, Zambia

On-time repayments

3 weekly installments  •  33%

About Me

My name is Mable Banda aged 36 .am a zambian young woman who comes from a humble back. I started this business am doing 7 years ago, it is through this business have been helping my children and family. I never completed school due to lack of money at time hence engaged in full time business.

My Business

I own a salon shop in our community and I offer hair dressing service and beautifying the ladies of which I earn good income at the end of the day. In addition to that I plate hair and make hair helmets or head socks for ladies to look nice and beautiful.

Loan Proposal

I own a salon business in our community and the loan to help me to buy new salon equipment to be operating efficiently and effectively. This will benefit by attending to more customers and make more profits. The old driers are not working properly I need change them so I can of new one and provide good services to my customers and in return make more income.

Income Source

My business is running alright at the moment I work on a daily basis and I make good income daily. I have set a good plan of which I will be saving some income to repay towards the loan weekly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.22

Date disbursed

May 12, 2021

Repayment status

Late

Projected term

2 weeks

Cost to entrepreneur

Service fee: 5% of $31.22 = $2.10

Credit risk payment: $7.95

Other loans

Lenders

Robert D

Houston, United States

HH

Helen Horseman

United Kingdom

J

Jari

Finland

EH

Ed Hendrickson

Ames, Iowa, United States

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