Expansion of MTN mobile-money and Kazang services
Emmanuel
Chingola, Zambia
57% repaid
Entrepreneur
Name
Emmanuel
Member since
June 2017
On-time repayments
193 installments • 31%
About Me
am Emmanuel Chanda, a male born on 8th of Nov 1987
i started school in 1994 and completed in 2005 am an executive director for the Telescope Young Leaders of Africa Network Zambia and district coordinator for Actvisty For Justice and development also a chairman for Youth Co-operative society limited called Hope Youth. Am aslo a director for Emanda Agricon Suppliers which deals in agriculture products. during my childhood i grow up a good person who was taught to always work hard by my parents.
one of the hardship i overcame its when i was at secondary school. i had no one to pay school fees and i was chased from school and skipped some important topics but still i managed to complete my secondary school
i came to start my own business when i was relieved of my duties
the unique about the land i live in is its a blessed land where you can do any business and succeed
reading business books
My Business
i provide MTN mobile money services as an official agent and i also vend in talktime, payment of DSTV, GO TV and zesco units for my customers.with our country going digital on October 1st it means that another service will be added onto the payment system. our national Tv is migrating from analogue to digital.This will be a topstar
These services are useful because they are used on a daily basis in today's life
the typical costs are transport and rentals
I use the profit for business reinvestments
Loan Proposal
MTN Mobile Money is a fast, simple,convenient, secure and affordable way of transferring money, making payments and doing other transactions using a mobile phone.customers come to deposit and withdraw their money using the same service. this loan will be used to expand my financial mobile money and kazang services which will be used to pay for DSTV. GO TV ZESCO PREPAID UNITS,TOPSTAR AND AIRTIME. this will be at the cost of '$391.
$110 will go towards kazang services as mentioned above and then $281 will go towards mtn mobile money services for transactions such as withdraws and deposits for customers who will come to withdraw the money and make deposits for those who wants to save there money or it will also be used to pay bills and other goods and
services such as loan repayments for Zidisha e.g I have almost 20 friends on Zidisha who come to withdraw money when they receive loans deposit money into there account for loan repayments and am not an exceptional I use the same service to receive and send money from Zidisha
The benefits it will create to me is the business will expand since my client base has gone up how be able to earn more profits compared to previous and my profits will double
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$391.00
Date disbursed
Sep 18, 2017
Repayment status
Late
Projected term
44 months
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