Mobile money expansion

Harrison Kandenga

Lusaka, Zambia

20% repaid

Entrepreneur

Name

Harrison Kandenga

Member since

March 2016

On-time repayments

172 installments  •  20%

About Me

my name is Harrison kandenga born on 14 th November 1995 in kitwe. The first born in the family of 5.
despite been born from kitwe, I have spent my entire childhood in Lusaka.I used to live with both parents but now I only live with my mum because of A devorce which happened between them.
He was not taking care of us as a father.from that time, I have been living with my mother starting from secondary education till now.
with the little she was getting from her business, I managed to complete my secondary education at Chinika secondary school of which I obtained a school certificate.
despite the status I was in, I was challenged to work extra hard in my academics.
am proud and happy to be a Zambian because in this land there is freedom and peace to do anything you want as long as you are determined.apart from my academic life,I can also do some gospel rap songs and that's if am free during my leisure.

My Business

I THANK GOD for you my awesome lenders and team zidisha for my previous LOAN.I HAS BENEFITED ME ALOT.i would also love to open new MTN MOBILE MONEY BOOTHS in some other parts of the country. i know with your support and help i will not be on the same level.MTN mobile money service which involves the sending and receiving of money and also paying bills using the same service.
It's a service provided by the MTN ZAMBIA to the general public who at least have a capital of 4000 ZMW.Having being in the same job for a year and some good months now,I have seen and witnessed the benefits it carries.
it's known and used in our everyday life..everybody wants to send money to their beloved ones and use the service everyday.
its a good business to sustain somebody and push them to another level.
the moment I start this business,the profits as usual should be able to take me and my other family members to school.and also use some to extend the same busines.

Loan Proposal

since from the first loan i have managed to raise my capital, so fo this loan i have decided to expand my business by openning new BOOTHS for MTN MOBILE MONEY ZAMBIA.
so far, i have already signed another contract of which i have been granted three agent lines for the same service.
am just waiting for the delibery of BOOTHS. I want to plant more of them within towns and out of towns so that it will be more easy for people to send and receive money from their loved ones across the country.
THIS will make it more easier for them to pay electricity bills, water bills, goods and services. they are also able to top up just within home. So a 5000 ZMW will be able to accomodate float. which will be used in making deposits and withdraws. I hereby propose that you help me with thos loan. your help will make a great impact.
thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$540.70

Date disbursed

Nov 6, 2016

Repayment status

Late

Projected term

33 months

Cost to entrepreneur

Service fee: $15.50

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