I need more stock for my mobile phone business

Mirriam

Lusaka, Zambia

100% repaid

Follow Mirriam

How it Works

Entrepreneur

Name

Mirriam

Member since

November 2016

On-time repayments

157 installments • 21%

About Me

My name is Mirriam Nachalwe, born in 1988, in Ndola District in a village called Musasa. I completed my high school at Ndola Masala High school. my village is like a farm business area where we used to sale fresh vegetables like cassava and maize by the road side, and i grew up with business mind. until i relocated to lusaka and thought of a business as i was waiting for sponsorship from my uncle.However i engage myself into maize distribution to millers because the maize business is now booming, hence i want to buy 90kg empty bags to go and order some maize in Mumbwa district of Zambia.Zambia as a nation is peace and rich in natural resources.I wish my children to become had working and reach the university of zambia and also go futher training abroad.

My Business

I had an idea of doing mobile phone business in lusaka, until i got the money that was supposed to be for my school and used it for the same business. so i am now doing fine, and i plan to go to school now after raising enough money from this business, and i want it to remain running so that before i can finally get a job after school, i can continue doing the same, in the mean time, my brother will be working to help me while i am at school. I am now looking for a loan so that i boost it and leave for school.Now i opted to divert my business in maize distribution to millers hence i need atleast ZMK 2500 to help me purchase 90kg empty bags of maize to and order 500 bags of maize which cost me ZMK 1500 and after distribution to millers i will be able to net or earn ZMK 6000.

Loan Proposal

I need Mobile phone Chargers for $20, Small phones for $50, smart phones $400, and power banks for $60. This will add to my stock and some of them are finished and customers are bouncing. this will help me have everything in my store. and i will be making something like $ 300 per week. then i will manage to repay my loan and also go to school. since my shop is just in the center of a market.