Loan to buy electronic tools for repair work

Brave Musongole

Ndola, Zambia

14% repaid

Entrepreneur

Name

Brave Musongole

Member since

June 2020

On-time repayments

57 installments  •  53%

About Me

My full names are BRAVE MUSONGOLE,married with one son and I grew up in Ndola copperbelt province of Zambia,where I also did primary and secondary education.Am a diploma holder in aeronautical electronics engineering from Zambia air services training institute(ZASTI).I also posses a diploma in electrical engineering and am currently doing business studies to deepen my understanding of interpreneurship.i posses good technical repair skills in computer systems,automobile electronics,electronics,industrial systems,domestic appliances and many more.i have a strong passion to expand my business with help of good funding.

My Business

Currently my source of income is mainly from repair works of automobiles,electronics,computers and industrial equipment.

Loan Proposal

Am applying for this loan to buy electronics tools to achieve a greater efficiency on my repair works,I want to get surface mount solder stations and more electronic panels to work on.this will enable me operate more professional to increase customer flow.

Income Source

Am hopeful that despite the problems due to convid,my repair works still pulls through because communication and IT solutions have become so vital.therefore I will raise money to pay back the loan definitely.

My Videos

May 7, 2021: Zidisha micro loans

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$210.40

Date disbursed

May 12, 2021

Repayment status

Late

Projected term

5 months

Cost to entrepreneur

Service fee: $13.19

Credit risk payment: $63.29

Lenders

Kjartan

Oslo, Norway

J

jjonas

berlin, Germany

J

Johannes

Pirmasens, Germany

T

Taupe

Balzers, Liechtenstein

markpearson

Portsmouth, United Kingdom

KrautFunding

Hamburg, Germany

Paul Smithson

Leeds, United Kingdom

MK

Mic Ko

United Kingdom

E

EABF

Netherlands

NV

nathan vertommen

Heist-op-den-berg, Belgium

E

Euge

Argentina

CL

Caleb Liu

United States

E

Eduardo

Paraguay

D

Dan

Australia

CB

Chris Baker

United States

RT

Ravi Taxali

Markham, Canada

R

Ru

New York, United States

V

Vic

Finland

SH

St H

Germany

A

Anonymous

United States

W

Weston

United States

GR

Gabe Radovsky

United States

Utahna

United States

Babbitt Family Foundation

Sioux Falls, SD, United States

JI

James Innes

United Kingdom

A

Anonymous

United States

C

Christopher

United Kingdom

A

Anonymous

United States

A

Anonymous

United States

S

Sabine

Australia

F

Fonz

United States

D

dasantewoman

Indianapolis, United States

R

Richard

United Kingdom

B

Bharat

Princeton, United States

Daniel Skeen

United States

B

Berend

Netherlands

Kurtis Miller

Kelowna, BC, Canada

TM

Toby Minton

United States

D

Denise

United States

A

Anonymous

United States

HR

Helen Ross

United States

Samantha

United Kingdom

W

wisdom2080

Fullerton, United States

The Call Family

Salt Lake City, United States

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  • Brave Musongole    Dec 16, 2021

    Business has been very slow for me so I have been having challenges balancing up,I invested but people have not paid the money they are owing me

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  • Brave Musongole    Dec 9, 2021

    Am sorry that I have delayed in making installments, it has not been easy on my side to trade due to delayed payments from people I work for. However I still keep hoping to repay from other sources

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  • Brave Musongole    Nov 20, 2021

    i will be able to pay up the remaining balance any time from now, i have hopes of of receiving payment from the people i worked for

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  • Brave Musongole    Nov 12, 2021

    i have been hoping for things to unfold but it has not been easy to recover from the loses i made. This have greatly affected me negatively.

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  • Brave Musongole    Nov 7, 2021

    Am sorry I have been having challenges in the collection of money from the clients I offered services. I will settle the balance as soon as I get some payment

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  • Brave Musongole    Nov 2, 2021

    i have been having challenges in my business no wander i have been unable to repay on time

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  • Brave Musongole    Oct 28, 2021

    thing have been unstable lately hence it has been difficult for me to make profit. this has greatly affected my source of income.

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  • Brave Musongole    Oct 25, 2021

    I will be able to raise some money next week and start settling the installments

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  • Brave Musongole    Oct 20, 2021

    It has not been easy for me lately.things are on a stand still, hence it has been so difficult to clear the remaining balance on time,however am trying my best to work harder and clear up

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  • Brave Musongole    Oct 11, 2021

    It has been difficult for me to stabilize after the losses I made however am working hard to ensure I clear the balance

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  • Brave Musongole    Oct 4, 2021

    I wish to request for reduction of the installment amount because I have been unable re collect all the the money invested and business has been slow

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  • Brave Musongole    Sep 27, 2021

    It has been very difficult for me to successfully finish the installments on time because I have had multiple losses in my business, I I work with my strength to raise the balance and finish up

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  • Brave Musongole    Sep 16, 2021

    am sorry i have adjusted the instalments many time to gain momentum and be able to start repayments on time.

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  • Brave Musongole    Sep 7, 2021

    Business is slowing down so am hardly making sales, however I will settle the balance soon

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  • Chama Lusaka    Sep 2, 2021

    He is facing some challenges and will meet up with the payment within a months time

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  • Brave Musongole    Aug 30, 2021

    It has been very difficult for me to generate money nowander I have been lagging in repaying the loan

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  • Brave Musongole    Aug 23, 2021

    Things business wise have been tough on my side hence I have little activity at the moment so I have been unable to deliver on time

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  • Brave Musongole    Aug 17, 2021

    I invested the money with has been held up in what I hoped would give a profit but it gave a loss so am running up and down to look for other sources to repay the loan

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  • Brave Musongole    Aug 9, 2021

    A slowly recovering from the losses therefore I have strong hopes of increasing my installment on time zoo ,however am still struggling for now

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  • Brave Musongole    Aug 2, 2021

    i had a loss on the business deal in which i invested the loan i got. this has made me unable to have cash in circulation making it difficult for me to be paying back the full weekly installments

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