Loan for re investment

Erick Mende

Lusaka, Zambia

5% repaid

Entrepreneur

Name

Erick Mende

Member since

September 2020

On-time repayments

28 installments  •  71%

About Me

I'm erick MENDE a Zambia with a green national card. completed my high school in 2008..married to one wife and together we have a child.
Started my business of alto spares in the year 20015..and i also sale second hand cars.. I live within Lusaka in kanyama compound just next to evangelical church off kalusha bwalya road

My Business

As started above I'm into alto spare and also sales second hand cars. I buy second hand cars, make them look beautiful and then resale the same cars an a little bit high price..
With alto spare have just been making my orders within lusaka

Loan Proposal

Just like the. Previous loan I got I also need this one for reinvestment in my business.i always make sure that everything thing I get from zidisha loan is pumped back in the business so as to increase my sales and also profits .

Income Source

As stated above every thing ,money I get from zidisha is ploughed back into the business and I also make sure that my other business are well looked at so that In case the other business faces some challenges then the other. One can help me still settlle the loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$399.82

Date disbursed

Mar 18, 2021

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $25.02

Credit risk payment: $75.18

Optional expediting fee: $50.10

Lenders

L

Leonora

TÄBY, Sweden

S

Staffan

Mölndal, Sweden

Dave Bogard

New York, United States

Paul Buchheit

Mountain View, United States

Tyler Metcalf

Utah, United States

VZ

Victor Zuanazzi

Brazilia, Brazil

AM

Alex Melo

United States

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  • Edson Makinku    Apr 19, 2021

    He will pay very soon
    And he is very sorry for delaying

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  • Erick Mende    Mar 27, 2021

    I just ordered some stokes from Tanzania which might takes about two weeks for them to reach lusaka and be cleared

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  • Erick Mende    Mar 16, 2021

    Thankyou guys for the loan

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  • Erick Mende    Mar 16, 2021

    The loan i previously got helped me to get more stocks in auto shop ...hence increasing my profits makings thankyou so very much for the loan and I'm glad that I have completed the loan

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  • Erick Mende    Feb 17, 2021

    The loan has been approved thankyou so much .I ll buy auto spare stokes for my shop so that it will help me to boost my business...thankyou very much once again

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  • Erick Mende    Feb 17, 2021

    The loan that was given to me went straight into my auto spare business

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  • Erick Mende    Feb 1, 2021

    Thankyou for the loan I'm sure it ll help me in expanding the business

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  • Erick Mende    Oct 7, 2020

    Thankyou so very much for this money.. It ll go a long way helping me to boost my working capital

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