Mobile money float

Wamundila

Livingstone, Zambia

41% repaid

Entrepreneur

Name

Wamundila

Member since

September 2020

On-time repayments

128 installments  •  23%

About Me

My name is wammundila Namasiku.Am running a mobile money business in Livingstone Zambia. My goal is to raise enough float to meet customer demand.

My Business

I've been running a Airtel Mobile money business at the shop at Dambwa North Market. My challenge has been having enough cash to meet customer demand. I recently acquired Mtn and Zamtel Agent lines which will help me to serve more customers and increase my income.

Loan Proposal

I will use this money for float in my airtel,Zamtel and Mtn mobile money business. This is the cash that will be available for serving customers as they do deposits,transfers and withdrawals.

Income Source

There is less risk in this business because everyone needs to use money even though the pandemic continues. The key to success is having enough float to fill customer needs.

My Videos

Jan 14, 2021: Mobile money

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,025.00

Date disbursed

Jan 18, 2021

Repayment status

Late

Projected term

28 months

Lenders

CN

Craig Newmark

United States

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