To put toward school fees

Danny Chongo

Kalumbila, Zambia

100% repaid

Entrepreneur

Name

Danny Chongo

Location

Kalumbila, Zambia

On-time repayments

10 weekly installments  •  50%

About Me

My names are Danny Chongo, born from Copperbelt in Kalulushi district. I did my primary school in Kalulushi and also my junior secondary school. I left Kalulushi after my parent got job in North western province in Kalumbila district. We shifted to north western province. Am doing my senior secondary school in Kalumbila district.

My Business

I do subsistance farming here. I can't depend on my parents for everything. I have grown up young gentle man, I have to do things own my own with the support of my parents and friends. My source of income is farming.

Loan Proposal

When the loan is fully funded and disbursed into my MTN mobile money account, I will take the money into academic purpose, I will pay the school fees and also buy some groceries. Because most grocery are very important to a student.

Income Source

For sure we as a nation we are facing economic challenges. Which have led many business to coraps. We have a serious essue. Even if it is like that, I have a business running, the same will be used to pay back the loan.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.64

Date disbursed

Jun 7, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: 5% of $24.64 = $1.72

Credit risk payment: $6.87

Lenders

MR

Micky Richards

United Kingdom

GB

Gernot Barnreiter

Vienna, Austria, Austria

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