I need money for opening a mobile money transfer business

Dorothy

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Dorothy

Member since

November 2016

On-time repayments

163 installments  •  22%

About Me

My name is Dorothy Simoomba, i was born in 1996, in a family of 6, i am the fourth daughter and i live with my aunt. in lusaka and work for Mr Reuben Muleka in the MTN mobile money transfer kiosk. i am so far doing fine with his help, he is always adding more float when he sees too many customers coming in. I have got high interest and experience since i joined this business. I am well paid and i want to do my own business in another discovered market area.

My Business

I want to own an MTN money transfer kiosk, just like i am working now. I have found a new place to install the kiosk and already accepted by MTN company for one. once i start, i will be able to pay for my further education and also help my family with their needs.

Loan Proposal

I need about $ 400 for float and $20 for Simcards and $ 50 for airtime, its a very busy place and i have been to transact once without the kiosk and i have seen how busy the place is. That will help those who travels long distances for mobile services to find it easily. and i am sure i can make more profit than i make here where i am. my profit will e about $500 every month.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$185.00

Date disbursed

Nov 6, 2016

Repayment status

On Time

Projected term

33 months

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