Extending mobile money business

Lontia

Copperbelt, Mufulira, Zambia

10% repaid

Entrepreneur

Name

Lontia

Member since

June 2018

On-time repayments

1 installment  •  0%

About Me

I 'm the lady by the name of Lontia Mwelwa who was born on the 29th of November,1963 and my parents were Bembas by tribe from Luwingu in Kasama. With school,I went to a small school which was run by the Catholic Church in Luwingu when I was too young by then.Through hardship I made to Grade 8 and i was selected to go to Kasama Girls Secondary in Kasama and its here where I completed my secondary education. Then two years later,I went to College to study some business courses for three years within Kasama which upon completion I started working at Zamtel for years.I 'm a happily married woman with 4 children who are now looking after themselves.

My Business

At the moment,I do some business as I run a mobile money booth in town although I have some people whom I have employed to help me with the running of this business and I pay them at the month end.I'm also into selling phones,calling card and simcards but I always plan to extend my business even the other towns nearby if the working capital allows me someday.

Loan Proposal

My reason and purpose of getting the Zidisha loan is to extend my business even to the other towns nearby as the way of increasing the income in the business as well as meeting the demands of the people in other areas who needs the services in mobile money transactions as this makes carrying of the money easier nowadays.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Jul 4, 2018

Repayment status

Late

Projected term

1 week

Lenders

Gabriel Fenili

Santo André, Brazil

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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