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 want to use this loan to buy more stock for my food retail business at Dambwa North Market in Livingstone.This loan will increase profit by reducing transportation costs associated with frequent Purchases.
Income Source
My biggest challenge is meeting the needs of my customers each day. My businesses is doing fine despite the Corona pandemic economic climate.
My Videos
Jan 7, 2021: Fish and sausages
Jan 29, 2021: January 29 2021
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$279.00
Date disbursed
Feb 3, 2021
Repayment status
Late
Projected term
6 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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
Loading...