Improving my transportation business
Dennis
Solwezi, Zambia
$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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$104.00
Date disbursed
Mar 20, 2021
Repayment status
Late
Projected term
1 week
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