Mobile-phone business expansion to the national level
Denes Mwamba
Mazabuka, Zambia
100% repaid
Entrepreneur
Name
Denes Mwamba
Member since
June 2016
On-time repayments
289 installments • 39%
About Me
I AM A YOUNG MAN BORN IN 1995 IN MAZABUKA, SOUTHERN P[ART OF ZAMBIA. I GREW UP UNDER DIFFICULT CONDITIONS .AS I STARTED MY GRADE ONE UP TO GRADE SEVEN AT KAUMBA PRIMARY SCHOOL. I AM TONGA BY TRIBE. I COMPLETED MY GRADE 12 AT ST. EDMUNDS IN MAZABUKA. AFTER COMPLETION I STARTED WORKING FOR MTN AS AN ARGENT. HOWEVER I ALSO STARTED MY OWN MOBILE BUSINESS THAT ENABLES ME SUPPORT MY FAMILY AS I AM FROM THE FAMILY OF SEVEN AND I AM THE THIRD BORN.
My Business
I STARTED MY MOBILE BUSINESS IN 2014. I AM ONE OF THE AGENTS FOR MTN OF WHICH GAVE ME AN ADVANTAGE OF EXPLORING AND DISCOVERING MY BUSINESS PROPERLY. I SUPPLY AIRTIME,SIMCARCDS AND PHONES IN BULK. I HAD TO CHOOSE THIS TYPE OF BUSINESS BECAUSE OF THE HIGH DEMAND FROM THE CUSTOMERS AND THIS IS SUPPORTED BY MANY AS PEOPLE USE THESE THINGS ON A DAILY BASIS. HOWEVER, THE PROFIT I MAKE HELPS ME TO SPONSOR MY YOUNG BROTHER FOR SCHOOL AND REINVEST IN BUSINESS. THE PROFIT WILL ALSO BE USED TO REPAY MY LOAN IF DISBURSED.
Loan Proposal
FOR THIS BEING THE SECOND LOAN AM PRETY SURE I WILL BE ABLE TO BUY THE FOLLOWING ITEMS BUTTERY CHARGES, USB CABLES, SIM PARKS ;CARD READERS,PHONES, SCREEN PROTECTORS etc AND THESE ITEMS WILL WORTHY$400 ALL TOGETHER AND I WILL BE ABLE TO BUY MORE STOCK THAN BEFORE.THIS WILL HELP ME TO RAISE GOOD MONEY FOR MY EDUCATION. LOOKING FORWARD FOR YOUR GOOD HELP THANK YOU AND GOD BLESS.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$328.00
Date disbursed
Jan 18, 2017
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
Kristinn Árni Lár Hróbjartsson
Iceland
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