House renovations

Dorcas Mvula

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Dorcas Mvula

Member since

February 2021

On-time repayments

10 installments  •  10%

About Me

My name is Dorcas Mvula a Zambia woman and I have 4 children. Am a business woman with a vision to expand my buisness in future. I have a business and my business need financial aid to for to grow and expand.

My Business

Am a subsistence farmer and I grow cabbages or in short am a vegetable farmer. Cabbages are in very fast because it is used for making salads in restaurant and take away. My source of income generated from the sale of farming goods.

Loan Proposal

Am requesting for the loan to buy some building materials to renovate our Old House which is in a dilapidated state at the moment. I need buy the following materials;
1. Building Sandy for plastering of the house
2. Replacement of Roofing Sheets
3. 25 pockets Cement needed

Income Source

I grow vegetables such cabbages, rape, Chinese and tomatoes, these I supply the to marketeers and supermarkets. I sell them daily and earn good income, I have strategically plan to save the profits and have some to repay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$34.63

Date disbursed

Feb 10, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $2.13

Credit risk payment: $4.26

Optional expediting fee: $6.39

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