Name
Musonda
Member since
April 2018
On-time repayments
13 installments • 23%
My name is Musonda Chikungu. I am a businessman. I have recently relocated back to Zambia .I started my Primary school at Lake Road Primary . My entire secondary school i studied in Malawi. I am currently in the IT Industry having
found the Industry interesting i chose to pursue as a career. I worked my first job then decided to do business back
in 2005. The challenges in business still remain constant room to grow , credit etc. I would like to establish myself, in
Zambia, there is a good business environment and lots of competition forces us to think harder.
Hi another go at financing the business. It is on the way slow but sure.Meanwhile I shall use the money for logistics.
My business is Electronics i.e mobile phones. I have been in the Industry for about 13 years. Software and Hardware Repairs and i have been selling LCD , spares etc . Other Equipment i already have i.e Software , Computers. My aim is to raise money to settle rentals and buy small stock i.e Batteries. For now i must work hard and increase my credit limit to start.
I deal in software for phones . Recently we have seen an influx in Pda phones that use new technology and also rely touch screen .I have identified a supplier of these products. She resides in China . Complete LCDs $2000 worth Touch original phones $1000 touch Chinese tablet $500 Batteries $500.
Business will benefit from old walk in customers buying goods instead going elsewhere.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Apr 25, 2018
Repayment status
On Time
Projected term
1 week
Other loans
Ask Musonda a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.