Loan to buy spare parts for my car

John

Lusaka, Zambia

100% repaid

Entrepreneur

Name

John

Member since

September 2017

On-time repayments

91 installments  •  12%

About Me

My name is John Lembani am 26 years of age, am an entrepreneur whose profession is mechanics.i grew up with my grandmother and up bringing was very difficult because my granny was very old and had challenges in paying for school fees.I went Kanyama primary school were i completed primary school.I never went in my education due to none payments of school fees,Hence i had an uncle who was running a car workshop providing vehicle services to motorist involved in road accidents and those just wanting reconditioning of their their vehicles.However, due to passion i had as well i did train to become a mechanic.I was trained by my uncle.Today i have my own car workshop were i provide different services to motorist .In short thats how i became a mechanic obtained a certificate that allows me now to trade as mechanic.Zambia is a beautiful country that is rich in miniing and tourism industry that attracts tourist who visit zambia to from overseas to visit zambia.Zambia is peaceful and quiet country, i say so because zambia has recorded any civil wars.Except since independence due to greed politician zambia has struggled to become an economic power in southafrica.I wish my children to do well in their education and go to university and achieve more than i did in school.i love football both playing and watching team such Man U, Chelsea and Real Madrid respectively.

My Business

I provide mechanic services , i ran a car workshop and recondition vehicles and panel beat those involved in road accident and also recondition engine vehicles.The for car services to due high risk of accidents today in country . I receive a lot of vehicles and i work together with insurance companies that give business for vehicles insured by the insurance company.I generate good revenue due to the quality service we provide with helpers at our car workshop.After i generate some profits i use some to pay wages to my helper, weekly i generate ZMK 750 and over a month i maximize up to ZMK 3500. which is good income and reinvest some to my two kids for their school fees and also for the well being of the family..

Loan Proposal

I need atleast USD 50 to help me buy engine spare parts to recondition my vehicle which down at the moment.I use the car to move to places where i have appointment to repair vehicles.Hence i use as a mode of transportation.This will help me move fast and attend to my customers who always call me for their attention to attend to their vehicles privately.As mechanic it is important you move in own car and provide the services in good time to my esteemed customers.The profits are mainly used to pap wages to helpers, rental to the landlord and also the well being of the family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Sep 27, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

PG

Paul Graham

United States

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