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 the loan to order new stock of doormats from my suppliers who are a women's craft producing association. This will help me expand the range of my products as well as increase the size of my inventory to include deliveries to some of my long time customers such as my guarantor. I hope that I will also increase my revenue and profits with the new inventory I intend to order using the loan from ZIDISHA.
I will ensure that I expand my customer base to include home and business place deliveries in order to increase my revenues and profits. I will also use some of my savings to ensure that I do not default on any loan payments to the lender.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$34.00
Date disbursed
Mar 6, 2021
Repayment status
On Time
Projected term
2 weeks
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