I need more stock for my mobile phone business

Mirriam

Lusaka, Zambia

100% repaid

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$185.00

Date disbursed

Nov 11, 2016

Repayment status

On Time

Projected term

5 months

Lenders

ads68

Melbourne, Australia

Paul

Crandon, United States

Jennifer Weber

Canandaigua, Ny, United States

PG

Paul Graham

United States

Jonathan Ely

Aldershot, United Kingdom

Ed

Howells, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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  • Fernard    Jun 14, 2018

    Dear lenders Mirriam will repay her loan once she raises some funds.

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  • Fernard    May 5, 2018

    Dear lenders i have tried to contact Mirriam several times but her contact details are unreachable, i just dont understand why she is not repaying her loan.

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  • Fernard    Mar 19, 2018

    Dear lenders Mirriam Nchalwe will soon begin repaying her loan she family challenges and her business was faced with a lot of break downs but she resuming repaying this weekend and cover up all the arrears in question.

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  • Mirriam    Jan 20, 2018

    Due to Business sales going down for the past few i hae unabel to make repaymets hence V/M Fernard Mutombo encouraged me i have decided to adjust and when business improves i will increase and clear the loan.Thank you

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  • Fernard    Jan 20, 2018

    Dear lenders Mirriam has promised to repay something this weekend by adjusting her weekly installment.Kind regards

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  • Fernard    Dec 20, 2017

    I have spoken to Mirriam Nchalwe she will repay this coming weekend to cover up her past due installment.

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  • Mirriam    Nov 19, 2017

    Sale have gone down and i do not want to be arrears, i just want to maintain the reduced amount on time until there shall be sales boom to increase the repayment amount once again.

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  • Mirriam    Oct 26, 2017

    I will travel to Bostwana to buy Plasm Tvs, Dinining Tables, coffee tables, kitchen units and also Tv stands, hence this help generate alot of income this forth coming festive season due to high demand of home furniture supplis.Am very thankful my lender for funding loan quickly and this create enough time to travel and buy the goods.

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  • Mirriam    Oct 25, 2017

    The business was fantastic it was profitable and worth while investing am very happy and thankful to the lenders and the zidisha team for empowering me financially today.Due to the business doing well i made sure the loan should be repaid in good time .For the next loan am planning to order or buy house furniture such plasma TVs , Dinining tables and electric kettles and many more.

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  • Mirriam    Oct 24, 2017

    Dear lenders am very thanful for the second loan, it has really changed my life style, the maize business of distribution has done me well, i had good turn over imagine i spent ZMK 3500 and i was able to make ZMK 4500, I really appreciate you my lenders though i had bite of challenge from the miller to pay me the money from first distribution of maize.
    However, am business has now growing steadily and doing well which has lead to repay my loan in good time.My heartfelt thanks giving goes to you my lenders and the entire zidisha team .

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  • Audrey    Oct 18, 2017

    Dear my Lenders, I spoke to Mirriam Nachalwe, and she said she going to get back on track with her repayments, she was undergoing operation in the hospital and didn't find a chance to repay but she is now back and preparing herself.

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  • Fernard    Oct 13, 2017

    Mirriam Nachalwe was out of town and she will repay this weekend i have spoken to her, she is optimistic that she repay whatever she has not paid in last two weeks,

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  • Mirriam    Sep 19, 2017

    sales of my business have gone down and i have decided to reduce so that iam able to afford according to the weekly revenue iam able to generate.Should there be sale boom of business i will adjust and increase my weekly repayment.

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  • Mirriam    Sep 3, 2017

    I managed to order and transport bags of maize,sales are moving quiet alright and and iam once miller finishes to measure the moisture content i will be able to put a very good mark up iterms of price.

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  • Mirriam    Aug 17, 2017

    I have received ZMK 3372, Successfully disbursed in my MTN account no.0963685106 and I will now be able to manage to buy 500 bags of 90kg to load in maize from Mumbwad and transport to Lusaka and distribute to millers.This will help me generate more income into business because this season the maize crop is on demand to millers and i have already secured market to miller which to distribute to by cash.Hence enable business expand as am trying to grow this buisness.Many big thanks goes to my lenders for their continued support, may the good lord bless them.

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  • Mirriam    Aug 14, 2017

    I will now manage to buy 500 bags of 90kg to load in maize from Mumbwad and transport to Lusaka and distribute to millers.This will help me generate more income into business because this season the maize crop is on demand to millers and i have already secured market to miller which to distribute to by cash.Hence enable business expand as am trying to grow this buisness.How my big thanks goes to my lenders for their continued support, may the good lord bless them.

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  • Mirriam    Aug 7, 2017

    Dear my lenders iam very thankful for previous that has just ended.I was to help my family renovate the unfinished house and pay school fees for both late sisters children and my children.Hence since i have now engaged into the new business of distributing maize to Millers and i wish do more.

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  • Mirriam    Aug 6, 2017

    I have repayment my loan in full today the 6th of August 2017 despite business challenges.This time around i want to venture into maize distribution to Millers in Lusaka because the maize business is now booming and i want to take this opportunity as am planning to apply for higher amount.

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  • Fernard    Jul 16, 2017

    Dear have spoken to Mirriam and we had a nice chat.Yesterday 15/07/2017 she made a repayment of ZMK 250 through her MTN account no 0963685196,transaction ID no 181901788.Kind regards.

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  • Mirriam    Jul 12, 2017

    Dear my lenders am really sorry for repaying late this because i family challenges and my business was heavily affected but now i have establised and the business is doing fine.Today 12/07/2017 i have made a payment of ZMK 300 on my MTN acount no and transaction id no 180005662.Kindly note that i will settle the balance in arrears that am remaing with and ensure that iam repaying on time all the time.Thanking in advance

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