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!

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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

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  • Mubita    Jun 15, 2021

    I cant afford right now.

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  • Mubita    Jun 2, 2021

    I cant afford to pay full amount at the moment.

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  • Mubita    Jun 2, 2021

    I cant afford

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  • Mubita    May 18, 2021

    I can afford a 212 a week starting next week.

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  • Mubita    May 5, 2021

    Need some time to recover from business losses.

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  • Mubita    Apr 20, 2021

    I cannot afford

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  • Edson    Apr 19, 2021

    He will pay the remaining balance in few days to come

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  • Mubita    Mar 17, 2021

    I have faced an unexpected losses in the business. I need some time to recover.

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  • Mogarn    Mar 11, 2021

    I have talked to Mubita and he said that he will repay his loan very soon he had a problem with his business.

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  • Mubita    Feb 21, 2021

    I have faced unexpected financial challenges.

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  • Mubita    Feb 3, 2021

    I have received K3991.Thank you very much for funding this loan.

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  • Mubita    Feb 1, 2021

    Thank you very much Jake Gibson and Beverly Ricardo for funding this loan this loan. I will use this loan to buy more
    Stock for my food retail shop.

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  • Mubita    Jan 29, 2021

    I was able to buy smocked Sausages,Tilapia, Sea Fish and chicken Sausages. My sales per week are now at K3000. Thanks once more for your help.

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  • Mubita    Jan 27, 2021

    I received the loan amounting to k3727. I've used the loan to buy more stock for my shop. Thank you very much for your generous support.

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  • Mubita    Jan 11, 2021

    I have received k3727.Am going to use this money to buy more stock for my food retail shop.Thank you very much for funding this loan.

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  • Mubita    Jan 10, 2021

    Thank you very much Donclarte Donsi and Joseph Hwang for funding this loan. I will be buying more stock of Fish and Sausages with this loan.

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  • Mubita    Jan 7, 2021

    Thank you very much dear Lenders for the loan I received. My sales revenue per
    day is increasing steadily. For the past one week averag sales per day is K400 which is k50 Kwacha more than I was doing last month.Thank you very much for your generous support.

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  • Mubita    Dec 29, 2020

    I received k2793 yesterday and I've bought Buka Fish,Tilapia and Sea Fish. Thanks a lot dear Lenders for your generous support.

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  • Mubita    Dec 28, 2020

    I've received k2973. I will use it to buy more stock.Thank you very much for the loan.

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  • Mubita    Dec 28, 2020

    Am going to use this loan to buy more stock. It will help me to earn more profit from the business. Thank you very much Akshay Chalana for funding this loan.

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