Stock of phones, SIM cards, and talk time for mobile phones business
James
Mazabuka, Zambia
100% repaid
Entrepreneur
Name
James
Member since
November 2016
On-time repayments
44 installments • 84%
About Me
My names are James Banda i was born in 1986 mazabuka,completed my grade 12 in 2007 and I also did auto motive mechanics / steel fixer hand.life was so hard as an orphan that I have to do smaller jobs find a school fees but by the grace of God I completed.by the year of 2009 to 2010 I was working with mtn,airtel main agents in mazabuka town as a dsa by the year 2011 to 2012 its when I started my own business as sub agent for mtn & airtel main agents in mazabuka town I utilized my capital from the commission's I use to get.we have a very unique ceremony known as gonde ceremony for the tonga people,My children I would like them to become anything they wants its their choice I can only guide them,my hobby is watch football.
My Business
I sale phones,airtime,sim cards for mtn, zamtel and airtel & am getting my stocks from the same people i used to work for,I provide the services to my community of selling talk time & phones & these services their on demand because a lot of people they need them for communication,I choose this kind of business because it's a daily making profit.My typical costs is $100 & revenue is $30 every after two days, I use some of the money for business use & home use.I have even started another business it's called money mobile or money tratransfer which is making my business to boom.
Loan Proposal
I want to buy small 5 cell phones which will cost about $11 each
Airtel talk time k2 & k5 which will cost $21
mtn for k1,k2,k5 & k10 will cost $42
zamtel talk time which will cost about $63 & sim cards for all networks which will cost about $29.from all of this i will benefit alot because my business profit will increase & I expect an increase of about $45 per week which will benefit a lot in my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$215.00
Date disbursed
Jun 9, 2017
Repayment status
On Time
Projected term
2 months
Lenders
United States
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Australia
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