Laptop & fitness bands

Albert Mutoya

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Albert Mutoya

Member since

July 2019

On-time repayments

100 installments  •  54%

About Me

My names are Albert Mutoya, I am a Zambia citizen born in the year 1991.
Growing up in a family of 4 and a single parent, finances were a challenge. I wanted to pursue a degree in IT but rather diverted to study a certificate in Insurance in 2013 because that would save me more money and time.
I, later on, decided to add loss adjuster claims to my resume which later in time was of great value to me as it helped me get employment.
I am currently working at a private insurance company as a corporate business assistant and planning my best to raise money for a brighter future.

My Business

I don't have a place of business at the moment this is on one of the future projects on my list. I am currently undertaking multiple businesses just so I can raise enough money to sustain my self and assist my family. My main business is poultry farming am selling Quail meat and eggs. Check this link https://www.facebook.com/Better-life-Farms-Quails-104625571371079/

I also sale phone accessories such as headphones. I also sale Talk time, electricity units and Television subscription via a mobile network authorized application called Kazang. Other business i have ventured into is selling of 5kg packaged Nakonde rice which is going at K100 each.

My future business plans are.
1. Opening business centre were I will have mobile money services, Zoona, kazang, Zanaco Express, phone accessories and FNB express.

2. Opening a Restaurant in one of the busy places in Lusaka.

3. I also want to venture into farming to help promote food security in my country.

4. My last and important future plan is something that will help me return to the community. (orphanage home for children, Youth empowerment and responding to disaster relief charities )

The reason I want to have so many business is to help in Jobs creation for the youths and also if one business fails I will have others that I will be getting income from.

Loan Proposal

Dear Lenders,

This loan will be used as a top-up on the money am having to enable me to order Laptop and fitness bands and phone accessories to sell to my customers.

This will help me to deliver on time to my customers who have already given me orders. As a result, I will be able to make sells and increase my income.

Thank you for reviewing this application loan.
best regards
Albert Mutoya

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$51.70

Date disbursed

Aug 16, 2019

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $1.77

Credit risk payment: $7.16

Lenders

Paul Buchheit

Mountain View, United States

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  • Albert Mutoya    Aug 4, 2021

    Am still having Challenges Collecting Money from my Client. Hopefully in the next 5 Installment i will be able to clear the outstanding

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  • Albert Mutoya    Jul 14, 2021

    I have been disadvantage collect money but now things are slowly getting better

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  • Albert Mutoya    Jun 10, 2021

    I wish to reduce my installment as my business stables

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  • Fanwell Kapepala    May 22, 2021

    Albert will pay back the loan soon.

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  • Fanwell Kapepala    Apr 21, 2021

    There is a challenge Mr albert is facing right now. He will do whatever he can to make to pay back the loan as soon as possible.

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  • Albert Mutoya    Apr 9, 2021

    I would like to adjust my payment, Am having challenges with collecting money from my debtors.

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  • Albert Mutoya    Feb 10, 2021

    I would like to reduce adjust my payment for the next five installments to enable make payments

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  • Albert Mutoya    Jan 11, 2021

    I am adjusting the payment as I collect debts from my clients.

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  • Albert Mutoya    Dec 21, 2020

    I would like to adjust my schedule to next two installments as prepare to sell my quails

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  • Albert Mutoya    Nov 10, 2020

    Business is slow am ajusting the amount so that after 5 intallments i will resume paying the correct amount

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  • Albert Mutoya    Oct 13, 2020

    Business is slow but I promise to pay the adjusted amount for the next 3 weeks

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  • Barry Cooper    Sep 28, 2020

    Dear Albert
    As an entrepreneur and Volunteer Mentor, you may be interested in a simple but effective (and free!) book-keeping and business planning website I have developed for village entrepreneurs. I have used it in my volunteering visits to Cambodia, Tamil Nadu - and here in Australia.
    I would be happy for you to use it also. It is set up to provide for multiple businesses under your own login, so you could provide accounting and advisory services for any number of businesses.
    You can check it out at www.iniPax.com (remember, it's free. Like contributing to Zidisha, this is what I do!).
    Kind regards
    Barry Cooper

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  • Albert Mutoya    Sep 25, 2020

    Dear All.

    I would like to thank everyone who has contributed to find my loan.

    I will buy the following;

    1. I will buy new set of breed for quails
    2. Brooder for the day old quails.

    3. Feed.

    The loan will help me increase in production.

    Thank you
    Best regards
    Albert Mutoya

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  • Albert Mutoya    Sep 20, 2020

    Dear leaders,

    My previous loan help me to start Quails farming. Even though things were slow in this difficult times. The loan made a difference. I am really grateful. And appreciate your kindness and thank you Zidisha for the opportunity that you gave me.

    Best regards
    Albert Mutoya

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  • Albert Mutoya    Sep 19, 2020

    Dear Sir/Madam,

    I would like to increase my loan repayment. Reason are that all my customers have now fully paid, and my cash flow is enough for me to pay back my outstanding loan.

    Thank you Zidisha for the opportunity you have given me.

    Best regards
    Albert Mutoya

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  • Albert Mutoya    Aug 23, 2020

    Dear lenders,

    My apologies on the delayed Repayment.
    I have adjusted my loan repayment amount which I have started paying.
    Best regards

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  • Chiozya Mwanza    Jul 12, 2020

    Dear Lenders,

    I just spoke with Albert and he explained that his business has been down the past weeks. I explained to him the importance of having a payment plan. He plans to adjust his loan and make a payment sometime this week. Thank you.

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  • Albert Mutoya    Jul 12, 2020

    Dear lenders,

    My business has been down for the past weeks.

    I will be making a Repayment next week .

    Best regards
    Albert

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  • Chiozya Mwanza    Jun 11, 2020

    Hello lenders,

    I spoke to Albert and he has assured me that he will adjust his loan repayment schedule and make payment by Sunday. Thank you.

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  • Chiozya Mwanza    Jun 11, 2020

    Hello,

    I spoke to Albert and he has assured me that he will adjust his loan repayment schedule and make payment by Sunday. Thank you.

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