Increase stock of clothing

Joseph Mambwe

Kitwe, Zambia

Funds disbursed

$0 to go

100% funded of $273 goal

0

days left

Entrepreneur

Name

Joseph Mambwe

Location

Kitwe, Zambia

On-time repayments

12 weekly installments  •  50%

About Me

Hello lenders, my name is Joseph Mambwe and I am 18 years old . I am the first born in a family of 3. Most young men at my age would be in college by now but am doing business because i have to support my two siblings. I lost my two parents in a road accident when I was 15 and I couldnt continue in school but took up the business my parents were running.

My Business

I sell sewing materials and clothes in my shop.My parents died when I was 15 and left a shop where they were selling clothes and this was their main source. I stopped and continued to run this business and there has been an improvement. With more funding I can do even better. The cost i face is transport when buying materials for sale.All the profits from this shop goes to paying school fees for my two siblings.

Loan Proposal

I really want to thank my lenders for lending me. I now apply for K5,801.00 to help me buy more clothing for my shop. i will buy assorted types of clothes for women, men and children and am expecting to make profit of 20%. The profit I will make will go towards paying for school fees for my siblings.

Income Source

The shop where I sell also has a space for a tailor .Then I also sell clothes and sewing materials for school uniforms and these very good quality. The demand is high so sell everyday.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$273.60

Date disbursed

Feb 24, 2021

Repayment status

Late

Projected term

6 weeks

Cost to entrepreneur

Service fee: 5% of $273.60 = $18.45

Credit risk payment: $59.04

Optional expediting fee: $36.90

Lenders

S

soren

Göteborg, Sweden

ErikN

Stockholm, Sweden

Vanamo

Helsinki, Finland

A

anonymus

Moon, United States

T

Tallago3

Munich, Germany

Svenip

Vienna, Austria

C

codairem

Berkeley, United States

Elaine123

Philadelphia, United States

Jouni

Finland

S

SvenWaage

Stavanger, Norway

P

Prysdahl

Marshall, United States

G

GrandmaMae

Wausau, United States

T

Tui1974

nuenen, Netherlands

C

Colmena

Chicago, United States

A

AndrewC

London, United Kingdom

P

Pavane

Kungsbacka, Sweden

JonB

London, United Kingdom

lizandsteve

guelph, Canada

Freewolf

Salt Lake City, United States

iggwag

Kilifi, Kenya

Scotts5320

New York, United States

Landerson

Edinburgh, United Kingdom

B

bugdaniel

Switzerland

johnhudson

Washington, DC, United States

B

Beetdiggingcougar

Calgary, Canada

Grant Xavier Storer

Seattle, Wa, United States

Suman

Gold Coast, Australia

utdream

United States

C

Crainster

Chapel Hill, United States

T

Tony1

Australia

Robert Long III

Bridgman, MI, United States

T

thehigginsons

United Kingdom

KM

KHS Microfinance

Tampa, United States

S

Sven

Netherlands

Jeroen Decock

Gent, Belgium

W

Wade

United States

Kate Courteau

United States

C

Chitti421

United States

E

erica

antwerpen, Belgium

Kevin

San Francisco, United States

C

cota

United States

AG

Adal Ghiliu

Frankfurt am Main, Germany

Carla

Amsterdam, Netherlands

Chris OConnor

Atlanta, United States

Aylsham Rotary

Aylsham, Norfolk, Uk, United Kingdom

AH

ajay hampapur

United States

Abdullah

United States

A

Adam

United Kingdom

Eugen Stamm

Zurich, Switzerland

JM

Jo McDonnell

United Kingdom

Heidy

N J, United States

DM

Dimitri Malarme

Brussels, Belgium, Belgium

GY

Gonul Yalcin

United States

Y

YTSJ

London, United Kingdom

T

Tom

United States

EthicalHost

Toronto, Canada

YV

Yuri Vanin

United States

M

Magnus

Switzerland

SB

Sue Bucholz

Sacramento, United States

SA

Steve A

Newbury, United Kingdom

I

ibaer

Germany

Lulu

Germany

Craig Travis Provyn

Bradenton, Florida, United States

GR

Greg Rice

United States

NM

Nitya Marepally

San Ramon, CA, United States

Day Family

Melbourne, Australia

BE

Bob Ewing

United States

R

Ryan

Albuquerque, NM, United States

M

Mack

Harbor, Oregon, United States

Martha Fleury

Bethesda, MD, United States

WC

Walter Clarke

Phoenix, United States

Tyler Metcalf

Utah, United States

Jane

Ontario, Canada

AH

Antioch House Church

Kansas City, Kansas, United States

JW

Jeslyn Wegner

United States

Nethanel Kohen

NYC, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

H

Haley

United States

RD

Roel De Meester

Antwerpen, Belgium

FP

Fred Pratt

United States

Richard Paulin

Melbourne, Australia

Nick Studenski

Minneapolis, United States

Ryan Agnew

Australia

DO

Denis Ontiveros

Guildford, United Kingdom

We Not Me

St. Paul, Minnesota, United States

C

Carol

Bayswater, WA, Australia

L

Lisa

United States

EP

Evan Peters

United States

E

EllisWMiller

United States

JL

Julia Loose

United States

DK

David Kirsch

United States

C

Camm

Australia

alexalexalex

Berlin, Germany

NB

Nikolaus Bührer

Karlsruhe, Germany

SR

Sean Rodgers

Wellington, New Zealand

JA

Justin A

Fort Collins, United States

S

Sam

New Zealand

C

Cianna

United States

Kevin Kong

San Francisco, CA, United States

J

John

Minneapolis, United States

JS

Justice Stanton

Maryland, United States

Babbitt Family Foundation

Sioux Falls, SD, United States

F

Fonz

United States

Tiff Reagan

Salem, Oregon, United States

D

dustin

United States

B

Bharat

Princeton, United States

RA

Ray and Abram

Melbourne, Australia

B

Berend

Netherlands

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