Improving my transportation business

Dennis

Solwezi, Zambia

Funds disbursed

$0 to go

100% funded of $104 goal

0

days left

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 use this loan to transport my charcoal which I bought. I bought 50 big bags of charcoal from the farms where we buy and I have to transport them to a selling point withing town .therefore the loan we will help me for transport payment.

Income Source

I have two business running operating with a tax and selling charcoal .I have been into business of charcoal for long time now if it faces risk I will repay the loan using my money that comes from my tax operations.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$104.00

Date disbursed

Mar 20, 2021

Repayment status

Late

Projected term

1 week

Lenders

Jan

Netherlands

A

Anonymous

United States

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