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.
This loan will be used to pay for an advance order of new stock of doormats which I want to supply at the upcoming Saturday Market in two weeks. This is a great opportunity for me to use to raise more revenues and profits. It is also a great opportunity to network with other crafts goods suppliers as well as develop more customers for my products.
I will use part of my savings to ensure that I settle any outstanding loans as well as ensure that I grow my customer base to increase my revenues and profits.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$88.00
Date disbursed
Mar 18, 2021
Repayment status
On Time
Projected term
2 months
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