Mwansa Charity
Lusaka, Zambia
100% repaid
Name
Mwansa Charity
Member since
January 2018
On-time repayments
16 installments • 75%
I was born in Mazabuka zambia and I am an only child I lost my mum when I was very young and I was raised by my grand parents. They advised me to focus on school and make the most out of life. This is what made me strong and am trying to make a positive impact on people who might have had a rough time growing up.i am currently doing my Bachelor of Arts in business administration in my final year.i decided to start the business as a way to support my school.
The initial capital I was given by my aunt when I explained to her the challenges I had to paying school fees. I sell hand bags to mostly friends and family. I normally order them from Tanzania. The money I would need to help grow the business is $202 dollars . I hope the business will grow so that am able to buy more bags and in future rent a shop we're I can sell the bags because right now I sell from home.
I will use the next loan for the transportation of the next goods am receiving and paying part of it for shipping fee of the goods. The shipping fee is 150$ dollars and am spending 350$ dollars in total my profit will be 250$ dollars after all sales. Hoping to start a new business dealing with selling of rice.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$48.00
Date disbursed
Feb 16, 2018
Repayment status
On Time
Projected term
2 weeks
Amount repaid
$48.66
Amount remaining
$0.00
Date repaid
Feb 22, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 23, 2018 | $46.30 | Feb 22, 2018 | $46.30 |
Mar 2, 2018 | $2.36 | Feb 22, 2018 | $2.36 |
Ask Mwansa Charity a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.