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 have found a cheap source of groundnuts in Central province. So i will go and buy groundnuts in bulk in central province and resale in Lusaka province where the demand is high.
Income Source
The groundnuts businesses will produce weekly earnings which will sustain the k104 weekly payment. The Corona pandemic has indeed affected the revenue of many business including mine.But the demand for groundnuts has been high through and through.
My Videos
Jan 7, 2021: Fish and sausages
Jan 29, 2021: January 29 2021
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Loan Info
Project Type
Classic Loan
Disbursed amount
$52.00
Date disbursed
Jun 16, 2020
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
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Brian Herrmann Nov 27, 2020
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