Mwansa Charity Kasonka
Lusaka, Zambia
100% repaid
Name
Mwansa Charity Kasonka
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 $202 dollars . I hope the business will grow so that am able to buy more bags and in future rent a shop we're I can sell the bags because right now I sell from home.
Good day,
I will use my loan to order more goods like bags and shoes which I will take for sell in Copperbelt and I will use part of it to pay for my tuition fees. I expect to use 50$ for my items and the rest for college tuition. I am hoping for my profits to increase to 70%
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$118.88
Date disbursed
Apr 23, 2018
Repayment status
On Time
Projected term
6 weeks
Cost to entrepreneur
Service fee: $3.37
Credit risk payment:
$6.80
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