Entrepreneur
Name
Kelvin
Member since
June 2016
On-time repayments
38 installments • 39%
About Me
kelvin mwamba are my names , i went at lubwe secodary school were i did my grade 9-12 then i worked for finance bank from 2004- 2009 as a bank teller. In 2012 i started persuing finance and accounting at university of zambia and graduated with a merit in novermber 2014. am currently in business in lusaka zambia
My Business
Iam i to satellite business which we commenced four years ago. we sale product rage which include the following- decoders, satellite dishes, network cables, remote controls and LNBs etc. we also offer service on dstv subscriptions and zoona money transfer. we are into this business because entertainment industry has grown and there is increase demand. on every sale we make eg on decoders we get a markup of k50. the profits are used to reinvest in our business to grow.
Loan Proposal
recapitalization- purchase of satellite accessories for resale eg. remote controls $5.9 each, power pack adapters $7.27 each, coaxial cables $4.54 each, LNBs $4.54 and satellite finders $6.36 each. The products are fast moving, this can help me grow my business and employ others. my profit will increase by 50% on each product.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$141.00
Date disbursed
Jul 15, 2016
Repayment status
On Time
Projected term
8 weeks
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