Entrepreneur
Name
Dennis
Member since
January 2021
On-time repayments
4 installments • 75%
About Me
My name is Dennis Makinko
I stay in the northwest part of Zambia. I have been in taxi business for a long time. I have also some small business I do which includes selling charcoal and clothes
My Business
I have a taxi that runs everyday and I sell charcoal just within solwezi.when I buy charcoal each bag at 50 zmw and sell at 75 zmw my profit is 25 zmw .the profit I get i will fix any problems from my tax so that it operates good and gain profit from it and help to feed my family and paying back the loan
Loan Proposal
I want to buy charcoal from farmers who burn charcoal 50 zmw per big bag and bring the to town where I will sale them at 75 zmw .the profit I will find will help me to feed my family and pay school bill for my children and improve my business for a tax .
Income Source
I do two business selling charcoal and operating with a tax withing solwezI. So if the business am getting the loan for faces risks the other business will support and repay the loan .i have been in charcoal business for long time now rain season is a good time for this business so I can't face many risks to distrong my loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$65.00
Date disbursed
Mar 9, 2021
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
United States
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