Mirriam
Lusaka, Zambia
1% repaid
Name
Mirriam
Member since
November 2016
On-time repayments
157 installments • 21%
My name is Mirriam Nachalwe, born in 1988, in Ndola District in a village called Musasa. I completed my high school at Ndola Masala High school. my village is like a farm business area where we used to sale fresh vegetables like cassava and maize by the road side, and i grew up with business mind. until i relocated to lusaka and thought of a business as i was waiting for sponsorship from my uncle.However i engage myself into maize distribution to millers because the maize business is now booming, hence i want to buy 90kg empty bags to go and order some maize in Mumbwa district of Zambia.Zambia as a nation is peace and rich in natural resources.I wish my children to become had working and reach the university of zambia and also go futher training abroad.
I had an idea of doing mobile phone business in lusaka, until i got the money that was supposed to be for my school and used it for the same business. so i am now doing fine, and i plan to go to school now after raising enough money from this business, and i want it to remain running so that before i can finally get a job after school, i can continue doing the same, in the mean time, my brother will be working to help me while i am at school. I am now looking for a loan so that i boost it and leave for school.Now i opted to divert my business in maize distribution to millers hence i need atleast ZMK 2500 to help me purchase 90kg empty bags of maize to and order 500 bags of maize which cost me ZMK 1500 and after distribution to millers i will be able to net or earn ZMK 6000.
i will buy or House furniture such as Plasma TVs, Dinining tables, glass table, coffee table,TV stands and Kitchen Units.Total of these goods will be USD 500 including transport to travel to Bostwana to buy and bring them back to Zambia here begin supply .Due to the high demand and new orders i have received i generate reasonable income profits and my tagart is the forth coming festive season.Hence i will be able to make USD 600 as profit income from the sale of these goods.
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Neutral
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Project Type
Classic Loan
Disbursed amount
$553.00
Date disbursed
Oct 27, 2017
Repayment status
Late
Projected term
27 months
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