Mobile-money banking

Rita

Chingola, Zambia

28% repaid

Entrepreneur

Name

Rita

Member since

January 2021

On-time repayments

13 installments  •  38%

About Me

My Name is Rita Munambiya a Zambian young lady.I have the passion for Business since the days of my high school.My ambition is to become a medical one day.

My Business

Currently am involved in mobile money business.I have one Airtel outlet where I operate.Mobile money is the fastest means of send and receiving money today.The demand for this mobile money product is demand.At the money I only have outlet and I need financial support to establish another to increase my profit revenue for my business.

Loan Proposal

With this loan I have applied for I want to reinvest the money in mobile banking thereby expanding the business, Mobile bank require more capital for it produce more commission.The more the money the more the commission you generate through transactions.

Income Source

business is one such lucrative business and the commission is very good.Despite having gone through challenges with other business.My business is doing well and profits I make daily is attractive.Repaying my loan in the next coming week will not be the college

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Feb 6, 2021

Repayment status

Late

Projected term

2 months

Lenders

Ren

Minneapolis/StPaul, United States

Angi

Germany

Babbitt Family Foundation

Reno, United States

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  • Rita    Mar 31, 2021

    My business is a very slow am not good income generation on a daily basis hence I cant afford to repay the full repayment. Thank lenders for understanding me.

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  • Mogarn    Mar 18, 2021

    She said that she will repay her loan next week.

    thank you

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  • Rita    Feb 26, 2021

    My business is too slow at the moment I wish to adjust to an amount I will be able to afford to repay on time. Thank you in advance.

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  • Rita    Feb 6, 2021

    I will expand my mobile banking business because this time this business is doing fine, during this pandemic most have been avoiding banks but instead prefer mobile banking because it is convenient.Thank you my lenders for supporting me may God bless you.

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  • Rita    Feb 1, 2021

    The previous loan helped me to buy another mobile money outlet and that will increase my commission earning every week.Thank you so much my dear lenders, am grateful I hope and pray that you will lend again.

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  • Rita    Jan 18, 2021

    I will buy another Kiosk for trading with MTN mobile, this will help me improve my business and make more money.
    Thank my lenders and may God richly bless you.

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