Name
Kelvin
Member since
December 2018
On-time repayments
97 installments • 73%
My names are Malambo Kelvin.I was born in Ndola , Copperbelt province of Zambia. I encountered hardships in my childhood as i was raised not in my parents home. I started school in 1991 and completed my secondary education in 2002 at the age of 17. I studied Business Management from 2005 to 2007 that earned me a diploma.
For me to go to college, i asked grandma for capital which she gave me, about 30 dollars. I traded with this small amount and i was able to raise tuition fees even after she was dead. This gave me a good business experience.
After completing my college and could not find a job, i worked part time jobs to sustain my life and married in the process because i almost lost hope. As a family man i learnt to be responsible and worked even harder.I was able to raise 700 dollars with which i started poultry business in 2014. Since then i have been through thin and thick ,ups and downs until recently when i become more tough and experienced business man.
We are blessed with the Mediterranean climate and are able to produce pineapples and most people here are launchers from which sector came Zambia's ever richest man Hakainde Hichilema.
My children are still very young two boys and a girl but they like to be found around me and my work.
Am used to reading business material and playing with my kids.
My business is electronics and hardware. I also do computer & phone solutions. The goods & services are in demand because people are either building or need home essentials. Computers & phones have become so important in one's life such that every person will need them. People are buying these goods every day for work, education or luxury.
Because of the demand and the knowledge that i have about the goods and services i decided to join this industry.
The costs are:
Computers $50 * 20 pieces
Basic Phones $10 * 220 pieces
Smart Phones $40 * 80 pieces
Accessories $600
Rentals $100 monthly
Carriage in $200
Other $300
Gross revenues : $9500
Note: this budget is for the computers & phones business
With this loan i will be able to progress towards my goal of ZMW 50,000 revenue monthly.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$190.00
Date disbursed
May 10, 2019
Repayment status
On Time
Projected term
10 months
Amount repaid
$190.11
Amount remaining
$0.00
Date repaid
Apr 6, 2020
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 20, 2019 | $19.08 | May 20, 2019 | $19.08 |
May 27, 2019 | $4.26 | May 26, 2019 | $4.26 |
Jun 3, 2019 | $4.26 | Jun 4, 2019 | $4.26 |
Jun 10, 2019 | $4.26 | Jun 10, 2019 | $4.26 |
Jun 17, 2019 | $4.26 | Jun 17, 2019 | $4.26 |
Jun 24, 2019 | $4.26 | Jun 25, 2019 | $4.26 |
Jul 1, 2019 | $4.26 | Jul 1, 2019 | $4.26 |
Jul 8, 2019 | $4.26 | Jul 8, 2019 | $4.26 |
Jul 15, 2019 | $4.26 | Jul 16, 2019 | $4.26 |
Jul 22, 2019 | $4.26 | Jul 24, 2019 | $4.26 |
Jul 29, 2019 | $4.26 | Jul 31, 2019 | $4.26 |
Aug 5, 2019 | $19.08 | Aug 5, 2019 | $19.08 |
Aug 12, 2019 | $19.08 | Aug 12, 2019 | $19.08 |
Aug 19, 2019 | $4.26 | Aug 23, 2019 | $4.26 |
Aug 26, 2019 | $4.26 | Aug 30, 2019 | $4.26 |
Sep 2, 2019 | $4.26 | Sep 3, 2019 | $4.26 |
Sep 9, 2019 | $0.00 | ||
Sep 16, 2019 | $0.85 | Sep 12, 2019 | $0.85 |
Sep 23, 2019 | $0.85 | Sep 24, 2019 | $0.85 |
Sep 30, 2019 | $0.85 | Sep 24, 2019 | $0.85 |
Oct 7, 2019 | $0.85 | Oct 12, 2019 | $0.85 |
Oct 14, 2019 | $0.00 | ||
Oct 21, 2019 | $0.43 | Oct 18, 2019 | $0.43 |
Oct 28, 2019 | $0.43 | Nov 4, 2019 | $0.43 |
Nov 4, 2019 | $0.43 | Nov 10, 2019 | $0.43 |
Nov 11, 2019 | $0.43 | Nov 16, 2019 | $0.43 |
Nov 18, 2019 | $0.43 | Nov 24, 2019 | $0.43 |
Nov 25, 2019 | $0.00 | ||
Dec 2, 2019 | $0.85 | Dec 1, 2019 | $0.85 |
Dec 9, 2019 | $0.85 | Dec 18, 2019 | $0.85 |
Dec 16, 2019 | $0.85 | Dec 18, 2019 | $0.85 |
Dec 23, 2019 | $0.85 | Dec 24, 2019 | $0.85 |
Dec 30, 2019 | $0.85 | Dec 31, 2019 | $0.85 |
Jan 6, 2020 | $0.85 | Jan 8, 2020 | $0.85 |
Jan 13, 2020 | $0.85 | Jan 15, 2020 | $0.85 |
Jan 20, 2020 | $0.85 | Jan 29, 2020 | $0.85 |
Jan 27, 2020 | $0.85 | Feb 2, 2020 | $0.85 |
Feb 3, 2020 | $0.85 | Feb 12, 2020 | $0.85 |
Feb 10, 2020 | $0.00 | ||
Feb 17, 2020 | $0.85 | Feb 14, 2020 | $0.85 |
Feb 24, 2020 | $0.85 | Feb 25, 2020 | $0.85 |
Mar 2, 2020 | $0.85 | Mar 3, 2020 | $0.85 |
Mar 9, 2020 | $0.85 | Mar 12, 2020 | $0.85 |
Mar 16, 2020 | $0.85 | Mar 16, 2020 | $0.85 |
Mar 23, 2020 | $2.13 | Mar 23, 2020 | $2.13 |
Mar 30, 2020 | $2.13 | Mar 31, 2020 | $2.13 |
Apr 6, 2020 | $54.94 | Apr 6, 2020 | $54.94 |
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