Name
Jenny
Member since
March 2021
On-time repayments
20 installments • 45%
My name is Jenny Banda. I am a small scale business woman currently living in Kitwe which is a city on the Copperbelt in the northern part of Zambia. I am a very hardworking, honest and ambitious person. I want to keep growing my business to include a variety of door and floormats and also support the women mat weavers who are my suppliers.
I am a small scale entrepreneur who supplies different kinds of doormats to individuals in homes and to institutions such as schools. I have grown my business from just selling a few mats to supplying a variety of doormats to different clients. With more access to credit I intend to expand the business into supplying floors mats as well in order to increase my revenues and profits.
I intend to use this loan to order more doormats and a new line of weaved handbags for women. This will extend my product line for my customers and also ensure that I always have products to sell when the doormat production delays.
I intend to increase sales with the introduction of a new line of hand woven handbags for women. This will ensure I have more revenue and profits to settle my loan. I will also use my personal savings to help pay the loan if necessary.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$120.00
Date disbursed
Jun 2, 2021
Repayment status
On Time
Projected term
6 weeks
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