Growing mobile money services

Precious Mwanza

Chingola, Zambia

Funds disbursed

$0 to go

100% funded of $44 goal

0

days left

Entrepreneur

Name

Precious Mwanza

Location

Chingola, Zambia

On-time repayments

6 weekly installments  •  50%

About Me

My name is Precious Mwanza a Zambia citizen by nationality, I live in Chingola town, in Kakoswe Township. I completed my high and I obtained a good school certificate. I grew up with my parents and through encouragement from them I started a business to help me alleviate poverty in family.

My Business

I earn most of my income from Mobile Money Services Transaction and Clothing Sales Business of second hand clothing. Today mobile money services is one of the fastest means of sending and receiving money and the demand is very high especially when from business people in the community and school going children especially those in boarding schools where money is nearly sent on a daily basis and I generate profits very fast.

Project Proposal

Am here lenders asking for financial support to expand my mobile money business services in our community.
There is so much demand in our community and I ran out of money easily due to a number of transactions especially withdraws hence I need more money to meet this demand from the customers and earn more profits.

I have strategically plan to repay through the income earned of out the profits made from mobile money transactions daily and also from the clothing sales income generation.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$44.10

Date disbursed

Jul 8, 2021

Cost to entrepreneur

Service fee: 5% of $44.10 = $3.05

Backers

Luka Phiri

Kabwe, Zambia

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