Mobile phone point-of-sale machine

Felix Chanda Shane

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Felix Chanda Shane

Location

Lusaka, Zambia

On-time repayments

56 weekly installments  •  80%

About Me

My child very brife i was born in Lusaka Zambia am the only child to my mum and dad. I was raised by my grandparents .I attended Grade one to grade twelve in Lusaka and qm currently pursuing a diploma in Computing and information System. I face problems and hardship head on i always clear my mind have a positve mind other wise hardships are just part of life we learn and gain experience every time. My land is a land of opportunities as a developing Nation we are the people bringing in new cultures. I dont have any children but what i think is every child wants a strong foundation of education and development as an upcoming entrepreneur i am building all the supplements for the children.
My hobbies are repiring machinary, learning new technology, problem solving etc.

My Business

I am currently involved in two business these are mobile money sevices and clothing shop that I opened in July 2021. In total profits I am generating k2500 Monthly on avarage weekly I am generating k680 net profit. My businesses are located in various parts of Lusaka yet to expand even more other areas.

Loan Proposal

For few months I have been running business in mobile more I keep getting new idea that will help grow my business I am thinking to acquire the kazang Point of sale machine for airtime and bill payment I have noticed there business model is similar to what Airtel and MTN money profit allocation and will make it easier to assist client pay for good and services and being able to have fully functional till slip dispensed .

Income Source

Normally I earn 3 ways every month through monthly salary I get from where I am employed, mobile money transactions profits as well as my other pastel consulting I do part time. So paying back is not very difficult for me.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$48.00

Date disbursed

Nov 16, 2020

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: 10% of $48.00 = $5.60

Credit risk payment: $3.31

Lenders

John

United States

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