Mobile-money transfer business

Reuben

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Reuben

Member since

October 2016

On-time repayments

128 installments  •  32%

About Me

I am Reuben Muleka aged 34, born in Lusaka and i am married with 2 children. I completed my grade 12 level in 2002, at Mpongwe High School Board. Just after school i was employed by Mpongwe Development company currently known as ETC Bio Energy Limited as a store/Receiving Clerk and worked for 3years. and again i moved and joined VS Cargo Limited in Ndola (Copperbelt) as accounts Assistant and worked for 5 years. and then i left to help my parents at their farm since i am the first born and they are aging. I still manage their small scale farming business so as to sustain their living. My both parents are a bit active , and they too help during harvest and i have to always go for markets. I have a lot to do especially that my two sons are already in school and being in a family of 7, and all my siblings look up to me for everything. Thats why i also opened up an MTN mobile Money Kiosk so that i can work for their school fees as our farming business cannot manage.

My Business

I am now dealing with maize to keep and then i will resale them when the market is better, I have rented a ware house for storing the bags of maize, and i want to keep about 500 bags. I will manage to repay my Loan using MTN Kiosks. I intend to resale them after 6 months from now. And this what i shall be doing every season.Thats why i am so happy to be a memebr of the wining family (Zidisha). as my source for income for bigger projects.

Loan Proposal

I have decided to continue with the same Mobile money transfer business and i want now to extend it to another marketable area. I have found key places. Thank you my Lenders for the wonderful work you are doing. This time, I will order more small phones and take them to place where there is no any MTN kiosk and keep on opening more mobile money accounts for customers so that they also start transacting. And part of the money will be used for Float.( Money Transfer service).

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$370.00

Date disbursed

Feb 28, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

PR

Paul Rausch

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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