Motor for sewing machine

Mubita

Livingstone, Zambia

100% repaid

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 own a Singer Tailoring Machine with a three phase motor.I want to change it to a Single phase motor.

Income Source

I've been selling rice for some time during this economic hardship and people buy because rice is a need which gives me constant cash flow. And once the motor is fixed I can earn more from tailoring.

My Videos

Jan 7, 2021: Fish and sausages

Jan 29, 2021: January 29 2021

Feedback

1

None

None

  • Brian Herrmann    Nov 27, 2020

    Friendly, prompt, and hard-working gentlemen! Best of luck to him moving forward!

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$75.00

Date disbursed

Aug 25, 2020

Repayment status

On Time

Projected term

2 months

Lenders

R

Ru

New York, 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.

Loading...

Loading...

Loading...