Entrepreneur
Name
Mubita
Member since
September 2019
On-time repayments
65 installments • 51%
About Me
My name is Mubita Namataa a resident in Dambwa North Extention,Livingstone,Zambia. I have been trying to raise funds to establish a profitable business which can sustain my family.I have been married for 3 years and am self employed.
My Business
Since November 9 2020 we resumed the fish and Sausages business at Dambwa North Market. Our plan is to increase the
revenue by purchasing stock in bulk.The more I buy the cheaper and profitable it is. Am planning to raise capital of k10000 so that I can be stocking my shop just once per month so that I cut on transportation costs.
Loan Proposal
I plan to buy more stock for my retail shop.My goal is to lift raise my working capital to K10 000 so
I can be buying stock monthly rather than weekly so I can reduce on transportation costs.
Income Source
Since reopening my business in November last year my businesses is doing fine and showing a lot of potential for growth.The only challenge am facing is having enough working capital to buy stock in bulk and to meet customer needs.
My Videos
Jan 7, 2021: Fish and sausages
Jan 29, 2021: January 29 2021
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$225.00
Date disbursed
Jan 11, 2021
Repayment status
On Time
Projected term
4 weeks
Other loans
Lenders
Ask Mubita a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Brian Herrmann Nov 27, 2020
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