Entrepreneur
Name
Jenny
Member since
March 2021
On-time repayments
20 installments • 45%
About Me
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.
My Business
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.
Loan Proposal
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.
Income Source
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.
Feedback
Positive
2
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$120.00
Date disbursed
Jun 2, 2021
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Germany
Grantsville, United States
United States
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Summary
Amount repaid
$116.24
Amount remaining
$0.00
Date repaid
Jul 8, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 11, 2021 | $29.08 | Jun 12, 2021 | $29.08 |
| Jun 18, 2021 | $29.08 | Jul 1, 2021 | $18.15 |
| Jul 3, 2021 | $10.93 | ||
| Jun 25, 2021 | $18.47 | Jul 3, 2021 | $13.16 |
| Jul 7, 2021 | $5.31 | ||
| Jul 2, 2021 | $18.47 | Jul 7, 2021 | $18.47 |
| Jul 9, 2021 | $18.47 | Jul 8, 2021 | $18.47 |
| Jul 16, 2021 | $2.68 | Jul 8, 2021 | $2.68 |
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